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.