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.
Get an Exclusive PDF Sample Copy of Report at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=138262033
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.
If You Want To Know More About Report Before Buying at https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=138262033
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/metal-nanoparticle-market-138262033.html