Silver has been used in the treatment of medical ailments for over a hundred years, owing to its natural antifungal and antibacterial properties. Nanotechnology refers to a rapidly growing science of generating and using nano-sized particles that are measured in nanometers. Nano silver is a nano material having an early impact in healthcare products. Nano silver possesses extremely large surface areas that increase their bacterial and fungal contact, thereby enhancing their effectiveness. Nano silver has the ability to enter almost all human organs and penetrating the cell membranes.
MARKET DYNAMICS
Rise in the application of nano silver due to its superior properties and decrease in the price of nano silver, drives the growth of the nano silver market. Government funding and support to promote nano silver, and growing concerns over health and environmental impact of nano silver, is also driving the growth of the nano silver market. However, the exorbitant cost of production and raw materials as compared to conventional silver, restricts the fruitful development of the nano silver market. Incrementing expenditure on healthcare, especially in developing parts of the world is anticipated to bode well the nano silver market growth in the years to come.
MARKET SCOPE
The "Global Nano Silver Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the nano silver market with detailed market segmentation by method of synthesis, end use industry and geography. The global nano silver market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading nano silver market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global nano silver market is segmented on the basis of method of synthesis, end use industry and geography. On the basis of method of synthesis the market classify into physical synthesis, biological synthesis and chemical reduction. The market in terms of end use industry is bifurcated into electrical & electronics, pharmaceuticals, food & beverage, clothing & textiles, water treatment and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The nano silver market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the nano silver market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the nano silver market in these regions.
MARKET PLAYERS
The reports cover key developments in the nano silver market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from nano silver market are anticipated to lucrative growth opportunities in the future with the rising demand for nano silver market in the global market. Below mentioned is the list of few companies engaged in the nano silver market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the nano silver market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Abc Nanotech Co., Ltd.
- Advanced Nano Products Co., Ltd
- Applied Nanotech Holdings, Inc.
- Bayer MaterialScience
- Blue Nano Inc.
- Cima NanoTech, Inc.
- Creative Technology Solutions Co. Ltd.
- Nano Silver Manufacturing Sdn Bhd
- Novacentrix Corp.
- RAS AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.