CAGR of 15.6%, Silver Nanoparticles Market Continues to Thrive with USD 6.6 Billion by 2030
The silver nanoparticles market is projected to reach $6.6 billion by 2030, growing at a CAGR of 15.6% from 2021 to 2030.
WILMINGTON, DELAWARE, UNITED STATES, June 20, 2024 /EINPresswire.com/ -- The silver nanoparticle industry was valued at $1.5 billion in 2020, and is projected to reach $6.6 billion by 2030, growing at a CAGR of 15.6% from 2021 to 2030. Rise in demand for silver nanoparticles in the food & beverage, hospitality, electronics & IT, and textile sectors is expected to boost the growth of the global silver nanoparticles market. On the other hand, availability of substitutes impede the growth to some extent. However, increase in R&D activities for the use of the particles in more and more industry domains is expected to create lucrative opportunities for the key players in the industry.
Download Sample Report in PDF Format: https://www.alliedmarketresearch.com/request-sample/7288
Allied Market Research published a report, titled, "Silver Nanoparticles Market by Synthesis Method (Wet Chemistry, Ion Implantation, and Biological Synthesis), Shape (Spheres, Platelets, Rods, Colloidal Silver Particles, and Others), and Application (Healthcare & Lifescience, Textile, Electronics & IT, Food & Beverages, Pharmaceuticals, Cosmetics, Water Treatment, and Others): Global Opportunity Analysis and Industry Forecast 2021-2030."
Frontrunners in the industry-
Ames Goldsmith Corporation
ANP Corporation
Meliorum Technologies, Inc.
BBI Solutions
Applied Nanotech
BASF
Cima NanoTech
American Elements
Cline Scientific Ab
NanoComposix
Have Any Query? Ask Our Expert : https://www.alliedmarketresearch.com/purchase-enquiry/7288
Key Findings Of The Study
The silver nanoparticles market is analyzed from 2020 to 2030
On the basis of region, the North America silver nanoparticles market gained a share of 40.4% in terms of revenue in 2020
The electronics and IT application garnered a share of 30.5% in terms of volume in 2020
On the basis of shape, the sphere segment gained a share of 40.6% in terms of volume in 2020
On the basis of synthesis method, the wet chemistry segment gained 50.6% share, in terms of volume in 2020
A comprehensive analysis of the factors that drive and restrain the market growth is provided in the report
The qualitative data in this report aims at the market dynamics, silver nanoparticles market trends, and developments in the industry
The silver nanoparticles market size in provided in terms of volume and revenue
Don't miss out on business opportunities, Buy Now and gain crucial industry insights that will help your business grow: https://bit.ly/4boR5ke
The wet chemistry segment to lead the trail by 2027-
Based on synthesis method, the wet chemistry segment contributed to around half of the global silver nanoparticles market share in 2019 and is expected to rule the roost by 2027. The fact that desired shape and morphology is obtained by using the method of wet chemistry drives the segment growth. The biological synthesis segment, on the other hand, would manifest the fastest CAGR of 16.4% throughout the forecast period, owing to increase in awareness toward environmental pollution caused by chemical synthesis methods.
The spheres segment to dominate during the estimated period-
Based on shape, the spheres segment accounted for around two-fifths of the global silver nanoparticles market revenue in 2019 and is anticipated to retain its dominance from 2020 to 2027, due to its adoption in numerous applications. At the same time, the colloidal silver particles segment would portray the fastest CAGR of 16.5% by the end of 2027. Rise in awareness of silver colloidal particles regarding nutritional benefits is the main factor driving the segment growth.
Access Full Summary Report: https://www.alliedmarketresearch.com/silver-nanoparticles-market-A06923
North America to rule the roost-
Based on geography, North America held the major market share in 2019, garnering around two-fifths of the global silver nanoparticles market. This is attributed to significant investments in research and developments activities in regards to silver nanoparticles. Simultaneously, Asia-Pacific would grow at the fastest CAGR of 16.2% from 2020-2027. This is due to development in sectors such as healthcare, pharmaceuticals, electronics and textiles.
Related Reports:
Cerium Oxide Nanoparticles Market : https://www.alliedmarketresearch.com/cerium-oxide-nanoparticles-market
Silver Sulfate Market : https://www.alliedmarketresearch.com/silver-sulfate-market-A07323
Silver Nanomaterials As Transparent Conductor Market : https://www.alliedmarketresearch.com/silver-nanomaterials-transparent-conductor-market
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
+ +1 800-792-5285
email us here
Visit us on social media:
Facebook
X
![](https://www.einpresswire.com/tracking/article.gif?t=2&a=5hUW_5L0uHlTBWpc&i=g80xtjPohCf1bf8m)