Future Market Insights recently published a market research report that offers critical insights related to the metal and metal oxide nanoparticles market. According to the report, 4,000 tonnes of metal & metal oxide nanoparticles were sold worldwide in 2016 and the figure is set to surpass 10,000 tonnes by the end of 2026. In addition, the report suggests that the value of the metal and metal oxide nanoparticles market in 2016 was ~ US$ 14,000 million and expected to reach ~US$ 51,000 million by the end of 2026 growing at a compounded annual growth rate (CAGR) of nearly 14% through the forecast period, 2016-2026.
Growing Demand for Fluorescent Copper Nanoparticles Fuels Market Growth
Growing number of applications that depend on metal and metal oxide nanoparticles and macroeconomic growth of the end use industries are some of the leading factors that are tipped to boost market growth in the upcoming years. In addition, the report indicates that there is a significant growth in the number of strategic collaborations of manufacturers with the end users – a factor that is likely to boost the prospects of the metal and metal oxide nanoparticles market during the assessment period.
As per the analyst at Future Market Insights, “The advent of new-age fluorescent copper nanoparticles could play a vital role in boosting the growth of the metal and metal oxide nanoparticles market. The fairly new fluorescent copper nanoparticles (F-CuNP) has garnered significant popularity due to their multiple properties including, favorable biocompatibility, fairly easier functionality, water solubility, and more”.
In addition, there is a notable growth in the number of applications that require fluorescent copper nanoparticles, which in turn has resulted in high demand for copper nanoparticles. Thus, the rising demand for copper nanoparticles is likely to positively impact the growth of the metal and metal oxide nanoparticles market during the assessment period.
Gold Nanoparticles Set to Dominate Market Share
The report bifurcates the global market into metal nanoparticles and metal oxide nanoparticles. As per the findings of the study, gold nanoparticles is expected to dominate the global metal nanoparticles market in terms of value share through the forecast period. In addition, the study projects that the metal nanoparticles segment is likely to register a CAGR of ~ 13.9 % during the forecast period with a market valuation of ~ US$ 51,000 million towards the end of 2026.
Metal and Metal Oxide Nanoparticles Market: Vendor Insights
Future Market Insights, in the recently published market study pinpoints the leading market players operating in the market along with their market share, size, revenue growth, and product offerings among others. The prominent companies operating in the metal and metal oxide nanoparticles market include, American Elements, U.S. Research and Nanomaterials Inc., Nanoshel LLC, Nanostructured & Amorphous Materials, Inc., Showa Denko KK, nanoComposix Inc., Sigma-Aldrich Co LLC, Tekna Systems, Melorium Technologies, Nanophase Technologies Corporation, and more.
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