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    Metal Nanoparticles Market

    ID: MRFR/CnM/4918-CR
    100 Pages
    Anshula Mandaokar
    May 2023

    Metal Nanoparticle Market Research Report By Metal (Gold, Silver, Iron, Copper, Platinum, Graphite, Titanium and Others), Synthesis Process (Chemical Method, Physical Method and Biological Method), End-Use Industry (Pharmaceutical, Electrical & Electronics, Personal Care & Cosmetics, Chemical, Food & Beverage and Others) and Region (Asia-Pacific, North America, Europe, Latin America and Middle East & Africa) - Forecast till 2032

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    Metal Nanoparticle Market Research Report – Forecast till 2032 Infographic
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    Metal Nanoparticles Market Summary

    As per Market Research Future Analysis, the Global Metal Nanoparticle Market was valued at USD 2.50 billion in 2023 and is projected to reach USD 8.3 billion by 2032, growing at a CAGR of 14.06% from 2024 to 2032. Key drivers include applications in drug delivery and the food and beverage industry, where metal nanoparticles enhance food quality and safety. Silver nanoparticles are expected to dominate the market due to their high conductivity and applications in electronics. The pharmaceutical sector is the largest end-user, leveraging metal nanoparticles for therapeutic and diagnostic purposes. North America leads the market, followed by Europe and Asia-Pacific, with significant growth anticipated in the latter due to advancements in electronics and healthcare research.

    Key Market Trends & Highlights

    The metal nanoparticle market is witnessing significant growth driven by diverse applications across various industries.

    • Market Size in 2023: USD 2.50 billion; projected to reach USD 8.3 billion by 2032.
    • CAGR from 2024 to 2032: 14.06%; driven by drug delivery and food applications.
    • Silver nanoparticles expected to dominate due to high electrical conductivity.
    • Pharmaceutical industry is the largest end-user, rapidly adopting metal nanoparticles.

    Market Size & Forecast

    2023 Market Size USD 2.50 billion
    2024 Market Size USD 2.90 billion
    2032 Market Size USD 8.3 billion
    CAGR (2024-2032) 14.06%

    Major Players

    Key players include BBI Solutions (UK), nanoComposix (US), US Research Nanomaterials Inc. (US), Avansa Technology & Services (India), and Tanaka Holdings Co. Ltd (Japan).

    Metal Nanoparticles Market Trends

      • Rising application in food and beverages is propelling market growth

    The food and beverage industry, which is one of the world's largest, is driving the market CAGR for metal nanoparticale. The food and beverage business in the EU is valued USD 1.36 trillion, according to FoodDrinkEurope, a food industry organization in the EU. Technological improvements have resulted in various applications for metal nanoparticles in the food and beverage industries. Food processing is one such application. Companies are developing nanostructured food additives including metal nanoparticles in order to improve the flavor, texture, and consistency of food.

    Metal nanoparticles are also employed in the beverage industry to create nanoemulsions, which can be found in a variety of soft drinks, fortified waters, juices, and dairy products.

    Furthermore, metal nanoparticles such as silver, iron oxide, titanium dioxide, silicon dioxide, and zinc oxide are utilized as antibacterial agents or ultraviolet (UV) light absorbers in food packaging. As a result, the increasing use of metal nanoparticles in the food and beverage industries is likely to increase demand for metal nanoparticles in the future, propelling the global metal nanoparticles market forward.

    Furthermore, due to their adaptability, gold nanoparticles are the type of nanometal that has received the most attention in the domains of nanomedicine and nanotechnology. Because of their unique electrical, optical, and catalytic capabilities, non-immunogenicity, simple surface chemistry, biocompatibility, and antibacterial properties, gold nanoparticles may find use in the pharmaceutical and healthcare industries. since of their high atomic mass, gold nanoparticles are ideal for increasing the radiation dose used to treat cancer since they absorb more radiation than soft tissue cells..Thus, driving the metal nanoparticle market revenue.

    The increasing adoption of metal nanoparticles in various applications, including electronics and healthcare, underscores their transformative potential in advancing technology and improving quality of life.

    U.S. Department of Energy

    Metal Nanoparticles Market Drivers

    Innovations in Catalysis

    The Global Metal Nanoparticle Market Industry is significantly impacted by innovations in catalysis. Metal nanoparticles, particularly platinum and palladium, are widely used as catalysts in various chemical reactions, including automotive catalytic converters and industrial processes. Their high surface area and unique properties enhance reaction efficiency, making them indispensable in the chemical industry. As industries strive for more efficient and sustainable processes, the demand for metal nanoparticles in catalysis is expected to rise. This trend suggests a robust growth trajectory for the Global Metal Nanoparticle Market Industry, as advancements in catalytic technologies continue to evolve, potentially leading to new applications and increased market value.

    Market Growth Projections

    The Global Metal Nanoparticle Market Industry is projected to experience substantial growth, with estimates indicating a market value of 2.9 USD Billion in 2024 and an anticipated increase to 12.3 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate of 14.05% from 2025 to 2035, highlighting the increasing adoption of metal nanoparticles across various sectors. Factors driving this growth include advancements in technology, rising demand in electronics and healthcare, and the push for sustainable solutions. The market's expansion reflects the versatility and potential of metal nanoparticles, positioning them as crucial components in future innovations across multiple industries.

    Rising Demand in Electronics

    The Global Metal Nanoparticle Market Industry is experiencing a surge in demand driven by the electronics sector. Metal nanoparticles, particularly silver and gold, are increasingly utilized in conductive inks and coatings for printed electronics. This trend is evidenced by the projected market value of 2.9 USD Billion in 2024, reflecting a growing reliance on advanced materials in electronic applications. The integration of metal nanoparticles enhances the performance and efficiency of electronic devices, which is crucial as the industry moves towards miniaturization and higher functionality. As a result, the Global Metal Nanoparticle Market Industry is poised for substantial growth, with expectations of reaching 12.3 USD Billion by 2035.

    Advancements in Medical Applications

    The Global Metal Nanoparticle Market Industry is significantly influenced by advancements in medical applications. Metal nanoparticles are increasingly employed in drug delivery systems, diagnostics, and imaging techniques. For instance, gold nanoparticles are utilized for targeted cancer therapies, enhancing the efficacy of treatments while minimizing side effects. The growing focus on personalized medicine and the need for innovative therapeutic solutions are likely to propel market growth. As the healthcare sector continues to evolve, the Global Metal Nanoparticle Market Industry is expected to expand, with a compound annual growth rate of 14.05% projected from 2025 to 2035, indicating a robust future for metal nanoparticles in medical technologies.

    Growth in Renewable Energy Technologies

    The Global Metal Nanoparticle Market Industry is poised for growth due to the increasing adoption of renewable energy technologies. Metal nanoparticles are utilized in solar cells, batteries, and fuel cells, enhancing energy conversion and storage efficiency. For example, silver nanoparticles are employed in photovoltaic cells to improve light absorption and conversion rates. As the global shift towards renewable energy accelerates, the demand for efficient materials like metal nanoparticles is likely to rise. This trend may contribute to the market's expansion, with projections indicating a significant increase in value, potentially reaching 12.3 USD Billion by 2035, reflecting the critical role of metal nanoparticles in sustainable energy solutions.

    Environmental Applications and Sustainability

    The Global Metal Nanoparticle Market Industry is witnessing increased interest in environmental applications, particularly in water treatment and pollution control. Metal nanoparticles, such as titanium dioxide, are utilized for photocatalytic degradation of pollutants, showcasing their potential in addressing environmental challenges. This trend aligns with global sustainability goals, as industries seek eco-friendly solutions. The growing emphasis on clean technologies is likely to drive demand for metal nanoparticles, contributing to the market's expansion. As regulations tighten around environmental standards, the Global Metal Nanoparticle Market Industry may see accelerated growth, further underscoring the importance of these materials in achieving sustainable development.

    Market Segment Insights

    Metal Nanoparticle Metal Insights

    The Metal Nanoparticle Market segmentation, based on metal includes gold, silver, iron, copper, platinum, graphite titanium. The silver category was expected to expand substantially during the forecast period beginning in 2022. Silver nanoparticles are likely to dominate the market for MNPs. Silver is the most electrically conductive precious metal. It is mostly utilized in the electric and electronics industries and is corrosion and oxidation resistant. Because they have the finest thermal and electrical conductivity of any metal, less expensive materials cannot simply substitute.

    Silver is an important component of green technology due to its high electrical and thermal conductivity and the lowest contact resistance of any metal.

    Metal Nanoparticle Synthesis Process Insights

    The Metal Nanoparticle Market segmentation, based on synthesis process, includes chemical method, physical method and biological method. During the anticipated period, the physical method category will account for the largest market share of metal nanoparticles. Ball milling, physical vapor deposition, ultrasonication, thermal evaporation, photoirradiation, laser ablation, spray pyrolysis, radiolysis, pulsed laser ablation, plasma reduction technique, and other physical processes are used to create metal nanoparticles. Every physical technique has benefits and drawbacks of its own. For instance, physical vapor deposition is an expensive approach that only produces small amounts of material.

    Figure1: Metal Nanoparticle Market, by Synthesis Process, 2022&2032(USD billion)

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Metal Nanoparticle End-User Industry Insights

    The Metal Nanoparticle Market segmentation, based on end-user industry, includes pharmaceutical, electrical & electronics, personal care & cosmetics, chemical, food & beverage. Over the forecast period, the pharmaceutical market is expected to grow at a rapid pace. In 2022, the pharmaceutical industries dominated the metal nanoparticle market. MNPs are rapidly being employed in the medical industry for a variety of purposes, including therapeutic agents, medicine transfer, bioimaging, and cancer diagnosis and treatment. Many other MNPs have been identified for their potential medicinal effects, including copper, silver, gold, titanium, and platinum.

    Get more detailed insights about Metal Nanoparticle Market Research Report – Forecast till 2032

    Regional Insights

    By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America dominated the market. Increased applications of metal nanoparticles in industries such as healthcare, cosmetics, and electrical and electronics, as well as the presence of domestic and international companies operating in the region and constantly improving overall business processes, would create lucrative growth opportunities for the North American market during the forecast period.

    Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

    Figure2: METAL NANOPARTICLE MARKET SHARE BY REGION 2022 (%)

    METAL NANOPARTICLE MARKET SHARE BY REGION 2022

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Europe’s metal nanoparticle market accounts for the second-largest market share due to the growing medical and healthcare domain is expected to contribute to regional growth. Further, the German metal nanoparticle market held the largest market share, and the UK metal nanoparticle market was the fastest-growing market in the European region

    The Asia-Pacific Metal Nanoparticle Market is expected to grow at the fastest CAGR from 2023 to 2032. This is Because of advancements in the electronics and semiconductor industries, as well as rising expenditure on healthcare research in the region. Moreover, China’s metal nanoparticle market held the largest market share, and the Indian metal nanoparticle market was the fastest -growing market in the Asia-Pacific region.

    Key Players and Competitive Insights

    Leading market players are investing heavily in R&D to expand their product lines, which will help the metal nanoparticle market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, metal nanoparticleindustry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global metal nanoparticle industry to benefit clients and increase the market sector. In recent years, the metal nanoparticle industry has offered some of the most significant advantages to medicine. Major players in the metal nanoparticle market, including BBI Solutions (UK), nanoComposix (US), US Research Nanomaterials Inc. (US), Avansa Technology & Services (India), Tanaka Holdings Co. Ltd (Japan) and others, are attempting to increase market demand by investing in R&D operations.

    Tanaka Kikinzoku Group, founded in 1885, is a Japanese manufacturer of precious metal materials, primarily for the electronics, semiconductor, and automobile industries. Tanaka Kikinzoku International (Europe) GmbH is based in Frankfurt, Germany, while Tanaka Kikinzoku International (America) Inc. is based in Chicago, Illinois. Tanaka Kikinzoku was formed as a monetary exchange service, but quickly became known for connecting manufacturing companies with platinum resources. Tanaka specialized in platinum metal recovery and was Japan's first producer of platinum fine filament wire.

    In September 2019, Tanaka Holdings developed a wire forming technology (Low-temperature sintered silver nanometal printing technique) capable of sintering at a low temperature of 70°C using TANAKA Kikinzoku Kogyo's low-temperature sintered silver nano ink, and a full-surface silver metal film forming technology using existing processes. This technology will contribute to thinner devices, increased flexibility, and higher image quals of smartphone touch panels, organic electroluminescence displays, and other applications.

    The Korea Institute of Science and Technology (KIST) is a multidisciplinary research institute in Seoul, South Korea. It was the first multidisciplinary scientific research institute in Korea, established in 1966, and has made major contributions to the country's economic development, particularly during the years of accelerated expansion in the 1970s and 1980s. It has a research team of about 1,800 research scientists, visiting scientists, fellows and trainees, and foreign scientists engaged in basic research in diverse domains of science and technology.

    In February 2022, the Korea Institute of Science and Technology (KIST) created metal nanoparticles What were significantly capable of boosting the performance of hydrogen fuel cell catalysts by employing semiconductor manufacturing technology. The institute used sputtering technology to overcome the inadequacies of the prevailing chemical synthesis.

    Key Companies in the Metal Nanoparticles Market market include

    Industry Developments

    In May 2022 Fortis Life Sciences paid an undisclosed fee for nanoComposix. After this acquisition, nanoComposix will be combined with other Fortis portfolio companies, resulting in increased synergies in the life science reagents area. NanoCompsoix, based in San Diego, is a high-end nanomaterials firm focused on assay development and diagnosis.

    In  March 2021 NanoComposix has entered into an agreement with BIOZOL Diagnostica Vertrieb GmbH to expand the distribution of nanoComposix products to consumers in Germany and Austria. BIOZOL Diagnostica Vertrieb GmbH markets and distributes immunology, cell biology, molecular biology, biochemistry, and human and veterinary diagnostics products such as antibodies, recombinant proteins, ELISA/EIA, detection kits, biochemicals, and additional reagents for cell culture, flow cytometry, immunohistology, and cytogenetics. The collaboration will broaden its geographical reach throughout Germany.

    In November 2021 A team of researchers from the Indian Institute of Science Education and Research (ISER) in Bhopal developed a simple and safe method for producing silver nanoparticles that can be utilized as antibacterial agents. The scientists treated silver nitrate, a critical component of 'election ink,' which is typically used to ink fingers after voting in India, with tyrosine in the presence of caustic soda, according to the study's lead. Tyrosine was used as a reducing and capping agent in the production of silver nanoparticles.

    Future Outlook

    Metal Nanoparticles Market Future Outlook

    The Global Metal Nanoparticle Market is projected to grow at a 14.05% CAGR from 2024 to 2035, driven by advancements in nanotechnology, increasing demand in electronics, and healthcare applications.

    New opportunities lie in:

    • Develop innovative metal nanoparticle formulations for targeted drug delivery in pharmaceuticals.
    • Expand production capabilities to meet rising demand in renewable energy applications.
    • Leverage partnerships with tech firms to integrate metal nanoparticles in advanced electronic devices.

    By 2035, the market is expected to exhibit robust growth, establishing itself as a pivotal sector in nanotechnology.

    Market Segmentation

    Metal Nanoparticle Regional Outlook

    North America
    • US
    • Canada

    Metal Nanoparticle Market Metal Outlook

    • Gold
    • Silver
    • Iron
    • Copper
    • Platinum
    • Graphite Titanium

    Metal Nanoparticle Market End-User Industry Outlook

    • Pharmaceutical
    • Electrical & Electronics
    • Personal Care & Cosmetics
    • Chemical
    • Food & Beverage

    Metal Nanoparticle Market Synthesis Process Outlook

    • Chemical Method
    • Physical Method
    • Biological Method

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 USD 2.50 billion
    Market Size 2024 USD 2.90 billion
    Market Size 2032 USD 8.3 billion
    Compound Annual Growth Rate (CAGR) 14.06% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2019- 2021
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Metal, Synthesis Process, End-User Industry, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled  American Elements. (US), Meliorum Technologies, Inc (US). Strem Chemicals, Inc. (US), Hongwu International Group Ltd (China), Nanoshel LLC (US), Blacktrace Holdings Ltd (UK), Cerion LLC (US). BBI Solutions (UK), nanoComposix (US), US Research Nanomaterials Inc. (US), Avansa Technology & Services (India), Tanaka Holdings Co. Ltd (Japan).
    Key Market Opportunities Growing awareness related to the toxicity of certain nanoparticles.
    Key Market Dynamics variety of applications in drug delivery, diagnosis, and other medical arenas.

    Market Highlights

    Author
    Anshula Mandaokar
    Team Lead - Research

    Anshula Mandaokar holds an academic degree in Chemical Engineering and has been contributing to the field for more than 5 years. She has expertise in Market Research and Business Consulting and serves as a Team Lead for a reputed Market Research firm under the Chemicals and Materials domain spectrum. She has worked on multiple projects, generating explicit results in a quick turnaround time. Her understanding of data interpretation justifies her role as a leader.

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    FAQs

    How much is the metal nanoparticle market?

    The Metal Nanoparticle Market size was valued at USD 2.50 Billion in 2023.

    What is the growth rate of the metal nanoparticle market?

    The global market is projected to grow at a CAGR of 14.06% during the forecast period, 2024-2032.

    Which region held the largest market share in the metal nanoparticle market?

    North America had the largest share of the global market

    Who are the key players in the metal nanoparticle market?

    The key players in the market are BBI Solutions (UK), nanoComposix (US), US Research Nanomaterials Inc. (US), Avansa Technology & Services (India), Tanaka Holdings Co. Ltd (Japan).

    Which end-user industry led the metal nanoparticle market?

    The pharmaceutical metal nanoparticle category dominated the market in 2022.

    Which synthesis process had the largest market share in the metal nanoparticle market?

    The physical synthesis process had the largest share of the global market.

    Metal Nanoparticle Market Research Report – Forecast till 2032 Infographic
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