Green Chemistry Approach to Synthesize Silver Nanoparticles bodes Well

San Francisco, California, September 27, 2018 – The substantial drive silver nanoparticles use stems from the several novel physico-chemical properties these particles exhibit. The exploitation of these properties has led to the rapid evolution of the silver nanoparticles market. The utilization of unique physical, chemical and biological characteristics of silver nanoparticles makes it increasingly promising in a wide range of applications such as cosmetics, medicines, renewable energies, biomedical devices, and environmental remediation.

A report by TMR Research evaluates the role of the aforementioned trend and other key factors in the growth dynamics of the silver nanoparticles market. The report is titled “Silver Nanoparticles Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017– 2025”.

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The broad spectrum of bactericidal and fungicidal activities exhibited by silver nanoparticles make them exceedingly useful in nanomedicine. Moreover, the growth of the market is propelled by the substantial demand for silver nanoparticles in wide variety of applications in the medical and healthcare sectors such as medical device coatings, optical sensors, diagnostics, orthopedics, and drug delivery.

The vast scope of silver nanoparticles in nanoscience makes them potentially useful for a wide array of applications as antibacterial agents in healthcare-related products and myriad consumer products, such as plastics, soaps, pastes, shampoos, and textiles. In recent years, the market has increasingly benefitted from extensive application in food packaging, wound dressings, biomedical devices, and microelectronics.

Rapid strides being made in the nanotechnology are supporting the trend of product innovations in the silver nanoparticles market. The market is also receiving a sustained impetus from the adoption of green chemistry approach for biologically preparing silver nanoparticles. In recent years, market players have leveraged the potential of silver nanoparticles in therapies for enhancing the efficacy of anti-cancer agents.

Stringent regulations pertaining to the use of nanoparticles play a defining role in the overall dynamics of the market. The growing commercialization of nanosilver-related applications will precede lucrative avenues.

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Some of the prominent players operating in the silver nanoparticles market are Advanced Nano products, Bayer, Applied Nanotech, Nanoshel, American Elements, and Emfutur Technologies.

Silver Nanoparticles Market Trends and Dynamics by 2025

Global Silver Nanoparticles Market: Snapshot

Silver nanoparticles are sized between 100 nm to 1 nm and are often used as silver oxide rather than pure silver. One of the key physical properties of using silver nanoparticles is that their structures can be easily arranged depending on the application that they are needed for. More often than not, it is spherical silver nanoparticles are utilized in most applications, while other forms such as octagonal and diamond are preferred in more specific applications. Silver nanoparticles find a massive scope of applications in medical fields, where they can be used in animal studies and laboratory research, as well as assessments in toxicity or efficacy of chemicals.

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The common methods of synthesizing silver nanoparticles include wet chemistry which is the leading synthesis method, monosaccharide reductions which is one of the simpler methods, citrate reductions, and polyol processing. Silver nanoparticles also hold a wide range of applications in electrochemistry, electronics and semiconductors, textiles, food and beverages, optics, and cosmetics. Of these, food and beverage and healthcare hold the leading scope of applications for silver nanoparticles, a trend that is likely to continue over the coming years as well.

Silver Nanoparticles Market: Overview

Silver nanoparticles exhibit distinct electrical, thermal, and optical properties and are amongst the most widely used nanoparticles for consumer products. They find application in a wide range of products such as chemical and biological sensors and photovoltaics. For instance, silver nanoparticles are used in photonic devices and molecular diagnostics, which make use of novel optical properties of these materials. Additionally, they are extensively used in cosmetics, healthcare, chemical industries, electronics, nonlinear optical gadgets, food and feed, textiles, electronics, and electrochemical applications.

Silver Nanoparticles Market: Key Trends

The rising application scope of silver nanoparticles in healthcare and food and beverages due to its antimicrobial properties is expected to drive the global silver nanoparticles market. Silver nanoparticles improves product shelf life and prevents pathogens from infesting them.

Silver nanoparticles are the most used commercially amongst all nanoparticles and accounted for more than half of the consumption of overall nanoparticles in the recent past. The advanced catalytic and optic properties of silver nanoparticles make them highly suitable for electronic goods. Silver nanoparticles are preferred in various applications including food packaging, wound healing, and plastic bags owing to its ability to destroy bacterial cells and weaken the cell membrane.

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Top beauty products companies around the world are using silver nanoparticles in their products for added offerings. For instance, Dior has introduced a nano-based product ‘Diorskin Forever’ for improved skin. The roll out of differentiator products gives a competitive edge for product manufacturers over their peers, which is leading to the increased demand for silver nanoparticles.

Strict regulations pertaining to the use of silver nanoparticles, particularly in North America and Europe is countering the growth of this market. However, research is underway to find out if silver nanoparticles have a detrimental effect on the environment.

Silver Nanoparticles Market: Market Potential

Nanoparticles are at the forefront of biological research is well established in a recent industry development. Researchers at the University of Michigan and Northwestern University have reported the design and development of the most complex crystal made from nanoparticles.

The work demonstrates that nanotechnology can bring together materials in new ways, forging new design capabilities. For instance, crystals made of nanoparticles, such as the newly developed ones, can be used to control light – this is because nanoparticles display coordinated interaction with light waves due to their similar sizes.

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Silver Nanoparticles Market: Regional Outlook

North America, led by the U.S. is a major regional market for silver nanoparticles. The flourishing food and beverage industry along with regulations to adhere to food safety standards has positively impacted the growth of the regional market. Moreover, clothes sterilization is increasingly being adopted due to the increasing health safety considerations among workers.

In Europe, Germany contributes significant revenue to the regional market due to the growth of the healthcare industry. Moreover, increasing healthcare expenditures combined with regulatory compliances for safe healthcare practices is contributing to the growth of this regional market.

China and South Korea are key contributors to the growth of the Asia Pacific silver nanoparticles market. The presence of some of the top electronic goods manufacturing companies along with favorable FDI policies are the major factors supporting the industry’s growth in the region.

The Middle East and Africa is expected to exhibit significant growth in healthcare and life sciences segment.

Silver Nanoparticles Market: Competitive Landscape

Key participants in the global silver nanoparticles market include Emfutur Technologies, Nanocs, Cima Nanotech, American Elements, NanoHorizons, Nanoshel, Cline scientific, and Applied Nanotech. Some other prominent companies in the market are Bayer, Ames Goldsmith, Meliorum Technologies, and Advanced Nano products.

R&D initiatives and mergers and acquisitions for strong presence across the value chain and for strong distribution networks is among the key growth strategies.

Increased Application of Silver Nanoparticles in Healthcare Entices Demand

San Francisco, California, June 16, 2017: The global silver nanoparticles market is predicted to witness substantial growth owing to factors such as growing consumer awareness regarding healthy lifestyle and increasing demand for antimicrobial textiles. TMR Research prognosticated a rapid growth on account of rising awareness about prevention of hospital acquired diseases is likely to play crucial role in aiding silver nanoparticles use in medical industry. The report is titled “Silver Nanoparticles Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025”.

Application of silver nanoparticles is increasing, particularly in children’s toys, resulting into a rapid growth of the silver nanoparticles market. Increasing geriatric population coupled with rise in disposable income is likely to augment silver nanoparticles market. In addition, rising demand for silver nanoparticles in healthcare applications is also predicted to boost the global market for silver nanoparticles in the coming years. Advancements in high-end electronics along with rising demand for gadgets is fueling the silver nanoparticles market.

Silver nanoparticle is used in various applications such as wound healing, food packaging, and plastic bags on account of its ability to eliminate bacterial cells. Furthermore, increasing scope of silver nanoparticles in LED & OLED display coupled with rising demand for high-end electronics gadgets is fueling the market for silver nanoparticles. Nano silver is one of the popular materials that finds applications in electronics and IT, healthcare, and textiles. The global sliver nanoparticles market is triggered by some of the leading electronic goods manufacturing companies coupled with ideal FDI policies.

Silver nanoparticles industry is dynamic and competitive in nature. Regionally, the global silver nanoparticles market can be segmented into Asia Pacific, the Middle East and Africa, Latin America, North America, and Europe. North America dominated the silver nanoparticles market with largest percentage share in terms of volume in the last couple of years and the trend is likely to continue in the near future. Existence of firm regulatory framework, particularly in Europe, is predicted to hold the growth of the silver nanoparticles market. The Middle East and Africa segment is expected to witness substantial growth in healthcare industry. Growing healthcare industry contributes significantly in revenue generation to the regional market.

The study offers a detail analysis of various factors influencing the behavior of global silver nanoparticles market in terms of drivers and restraints. Leading players have been profiled along with crucial details such as new strategies adopted, recent developments, and future market scenario.

Leading players operating in the global silver nanoparticles market are American Elements, Emfutur Technologies, Ames Goldsmith, Applied Nanotech, Nanocs, Bayer, Meliorum Technologies, Cline Scientific, Cima Nanotech, and NanoHorizons.