Silver Nanoparticles Market (Synthesis Method - Wet Chemistry, Ion Implantation, and Biological Synthesis Method; Shape - Sphere, Platelets, Rods, Colloidal Silver Particles, and Others; Application - Healthcare & Life Sciences, Textile, Electronics & IT, Food & Beverages, Pharmaceuticals, Cosmetics, Water Treatment, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

A recent report published by Infinium Global Research on the silver nanoparticles market provides an in-depth analysis of segments and sub-segments in the global as well as regional silver nanoparticles market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional silver nanoparticles market over the short term as well as the long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global silver nanoparticles market. According to the report, the global silver nanoparticles market is projected to grow at a CAGR of 15.92% over the forecast period of 2021-2027.

Market Insight

The global silver nanoparticles market was valued at USD 1718.7 million in 2021 and is expected to reach USD 4170.5 million in 2027, with a CAGR of 15.92% during the forecast period. Silver nanoparticles are one of the commonly used nanomaterials because of their high electrical conductivity, optical properties, and anti-microbial properties. The biological activity of silver nanoparticles depends on factors like particle composition, size distribution, surface chemistry, size; shape, coating/capping, particle morphology, dissolution rate, agglomeration, the efficiency of ion release, and particle reactivity in solution. Silver nanoparticles are metal particles having an ability of 100nm in size. They're adopted in a very big selection of industries like engineering, biomedicine, and manufacturing. These products find growing adoption in active food packaging together with either edible or non-biodegradable polymers due to their high antiviral, anti-yeast, antifungal, and antimicrobial properties.

The rising utilization of the silver nanoparticles market in various industries and the advancement in silver nanoparticles technology will propel the growth of the market during the forecast period. The increasing demand by the biomedical sector because of the microbial property will enhance the growth of the market. Furthermore, silver nanoparticles in the pharmaceutical sector are used in image enhancement devices, implant technology, biosensors, biomarkers, and tissue engineering. This will boost the demand for silver nanoparticles in the market during the forecast period. However, increased use of silver nanotechnology as an antimicrobial will have an adverse effect on health which will hamper the market growth during the forecast period. As per the study of the University of Pittsburgh, the misuse and mistreatment of technology in various industries have an antimicrobial effect on humans and animals. Hence, Due to the adverse effects of silver nanotechnology in different sectors, its use is restricted which restrains the growth of the market during the forecast period.

In terms of region, the silver nanoparticles market is segmented into North America, Europe, Asia Pacific, Africa, and the Middle East. North America holds the biggest market share, because of the advanced product developments and rising preference for innovative electronic devices in the region. Increasing investment in Research and Development by major players will enhance product durability and reduce the cost which will propel market growth in the region. Moreover, the rising production of electronic devices because of the supportive regulations and the strong presence of major players will drive the growth of the European region. The Asia Pacific is expected to dominate the market during the forecast period due to rising disposable income, and advancements in technology.

Segment Covered

The report on the global silver nanoparticles market covers segments such as synthesis method, shape, and application. On the basis of synthesis method, the sub-markets include wet chemistry, ion implantation, and biological synthesis method. On the basis of shape, the sub-markets include sphere, platelets, rods, colloidal silver particles, and others. On the basis of application, the sub-markets include healthcare & life sciences, textile, electronics & IT, food & beverages, pharmaceuticals, cosmetics, water treatment, and others.

Companies Profiled:

The report provides profiles of the companies in the market such as Advanced Nano Products, American Elements, Ames Goldsmith, Cerion LLC, Dune silver, Meliorum, Nanocomposix, Nanocs Inc., Sigma Aldrich, and Nanoshel.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the silver nanoparticles market. Moreover, the study highlights current market trends and provides forecasts from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.