The latest report by IMARC Group, titled "Nano Copper Oxide Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028," finds that the global nano copper oxide market size reached US$ 152.8 Million in 2022. Nano copper oxide (CuO) is a nanoparticle that is synthesized through an aqueous precipitation procedure. It is stable, cost-effective, and exhibits photovoltaic, antimicrobial, superconductivity, and other chemical and physical properties that provide enhanced strength, ductility, and high electrical conductivity. It is also commercially available in powdered and dispersed forms. Owing to these benefits, nano copper oxide is widely utilized in microelectronics, batteries, gas, textiles, semiconductor devices, agriculture, and biomedical tools.
Global Nano Copper Oxide Market Trends:
The market is primarily driven by the expanding electronics industry across the globe. Nano copper oxide is widely utilized in various consumer electronic products, such as laptops, smartphones, and desktops, to manufacture batteries and semiconductor devices. In addition, the rising product adoption in the healthcare sector to treat hospital-acquired disease and microbial pathogens due to its antimicrobial properties is contributing to market growth. Besides this, conductive copper oxide nanoparticle-based ink is widely utilized in additive manufacturing, three-dimensional (3D) printing systems, and thin film deposition applications. This, coupled with the significant technological advancements and research and development (R&D) activities conducted by key players to optimize nano copper oxide production procedures, is creating a positive market outlook across the globe. Looking forward, IMARC Group expects the market value to reach US$ 511.5 Million by 2028, exhibiting a CAGR of 21.4% during the forecast period (2023-2028).
- Based on the type, the market has been bifurcated into powdered and dispersed.
- On the basis of the end user, the market has been classified into electricals and electronics, paints and coatings, catalysts, energy storage, and others.
- Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa.
- The competitive landscape of the market has been examined in the report, with some of the key players being American Elements, Hongwu International Group Ltd, Inframat Corporation, Nanoshel, Nanostructured & Amorphous Materials Inc., PlasmaChem GmbH, SkySpring Nanomaterials Inc. and US Research Nanomaterials Inc.
|Base Year of the Analysis
||Type, End User, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||American Elements, Hongwu International Group Ltd, Inframat Corporation, Nanoshel, Nanostructured & Amorphous Materials Inc., PlasmaChem GmbH, SkySpring Nanomaterials Inc. and US Research Nanomaterials Inc.
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