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Metal Nanoparticles Market to Register a Spectacular Rise of US$ 4.2 billion in Revenue by 2026| MarketsandMarkets™ Report

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Metal Nanoparticles Market to Register a Spectacular Rise of US$ 4.2 billion in Revenue by 2026| MarketsandMarkets™ Report

February 03
00:50 2023
Metal Nanoparticles Market to Register a Spectacular Rise of US$ 4.2 billion in Revenue by 2026| MarketsandMarkets™ Report
Browse 352 market data Tables and 34 Figures spread through 276 Pages and in-depth TOC on “Metal Nanoparticles Market”
Metal Nanoparticles Market by Metal (Platinum, Gold, Silver, Iron, Copper, Nickel), Process (Chemical, Physical), End-use (Pharmaceutical & Healthcare, Electrical & electronics, Catalyst, Personal care & cosmetics) and Region

The global metal nanoparticles market size is estimated at USD 2.4 billion in 2021 and is projected to reach USD 4.2 billion by 2026, at a CAGR of 11.5%. The mechanisms related to the interaction of nanoparticles with animal and plant cells can be used to establish their significant role and to improve their activity in health and medical applications. However, highly complex and expensive manufacturing of metal nanoparticles is a major restraining factor. 

Metal nanoparticles are generally defined as nano-sized structures of metals, which have one of their dimensions (length, width, or thickness) in the range of 1 nm–100 nm. The nanoscale size of these metals contributes toward their unique physical and chemical properties and large surface-area-to-volume ratio. The properties of metal nanoparticles differ from their base metal properties. Their toughness, reactivity, and optical properties are dependent on their size, structure, and shape. 

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Based on metal, gold is estimated to be the fastest growing market, during the forecast period. This growth is attributed to its potential applications in the pharmaceutical & healthcare industry, coupled with its versatile nature. Gold nanoparticles are used in resonance scattering dark-field microscopy for the detection of microbial cells and their metabolites, the bio-imaging of tumor cells, the detection of receptors on their surface, and the study of endocytosis. 

Based on the synthesis process, the chemical process accounted for the largest market share in 2020. Metal nanoparticles can be synthesized by various methods, but the chemical reduction methods are mostly used as it is more advantageous compared with the other methods. The advantages of the chemical synthesis of nanoparticles are ease of production, the ability to get the right shapes, low cost, low impurity, thermal stability, and high yield. 

Based on end user, the pharmaceuticals & healthcare segment led the demand for metal nanoparticles. This is due to their non-toxic nature and ability to direct the pharmaceutical agents to the required tissue. The antimicrobial efficacy and target specificity of metal nanoparticles further boost their applications in the pharmaceutical & healthcare industry. 

The North American region is expected to be the largest market for metal nanoparticles during the forecast period. It is a developed market for metal nanoparticles and driven by the growing pharmaceutical & healthcare and electrical & electronics industries, and supportive government funding. In addition, the region is expected to fuel the growth of metal nanoparticles owing to the region’s established industrialized economy and the presence of major companies such as American Elements (US), Nanoshel LLC (US), Nanostructured & Amorphous Materials (US), US Research Nanomaterials (US), Meliorum Technologies (US), nanoComposix (US), and many others.

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