Global Silver Nanoparticles Market to Reach US$ 5,291.10 Million by 2027, Catalyzed by Increasing Applications Across Various End Use Industries

February 15, 2022

The latest report by IMARC Group, titled "Silver Nanoparticles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," finds that the global silver nanoparticles market size reached US$ 2,052.10 Million in 2021. Silver nanoparticles (AgNPs) are spherical high surface area metals sized between 100 nm to 1nm. They can be synthesized using various physical, chemical, and biological methods such as evaporation-condensation, laser ablation, electrical and gamma radiation, ultraviolet (UV) initiated photoreduction, microemulsion, and photoinduced reduction. Silver nanoparticles find extensive applications across numerous industries due to their unique properties, including high electrical and thermal conductivity, excellent chemical stability, corrosion resistance, and optical and antimicrobial properties.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Silver Nanoparticles Market Trends:

The increasing applications of silver nanoparticles across various end use sectors represents the primary factor driving the market growth. For instance, silver nanoparticles are widely used in molecular diagnostics, drug delivery systems, antimicrobial coatings, wound dressings, and biomedical devices in the healthcare industry. Besides this, they are extensively utilized in automotive textiles, military clothing, and sportswear. Additionally, a significant increase in the demand for energy-efficient light-emitting diodes (LEDs), organic LEDs (OLEDs), touchscreens, photovoltaics systems, and radio frequency identification devices (RFIDs) is also contributing to the market growth. Along with this, the rising product usage in manufacturing electronic devices and emerging electronics miniaturization trend has catalyzed the demand for silver nanoparticles. Furthermore, the emerging product applications in wastewater treatment, ecosystem management, optical electronics, silver conductive inks, and catalysts have propelled the market growth. Moreover, several key players are adopting biological synthesis methods for silver nanoparticles due to the growing environmental concerns, which is driving the market further. Other factors, including the surging sales of electronic gadgets, rising product adoption in the food and beverage (F&B) industry, technological advancements, and ongoing research and development (R&D) activities, are anticipated to provide a positive impact on the market growth. Looking forward, IMARC Group expects the market value to reach US$ 5,291.10 Million by 2027, expanding at a CAGR of around 16.50% during the forecast period (2022-2027).

Market Summary:

  • Based on the synthesis method, the market has been categorized into wet chemistry, ion implantation, and biological methods. 
  • On the basis of the shape, the market has been divided into spheres, platelets, rods, colloidal silver particles, and others. 
  • The market has been segregated based on the end use industry into electronics and IT, healthcare and lifesciences, textiles, food and beverages, pharmaceuticals, cosmetics, water treatment, and others.
  • Region-wise, the market has been segmented 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 Middle East and Africa. 
  • The competitive landscape of the market has also been analyzed, with some of the key players being Advanced Nano Products Co Ltd., American Elements, Ames Goldsmith Corporation, Cerion LLC, Meliorum Technologies Inc., Merck KGaA, nanoComposix, Inc. (Fortis Life Sciences LLC), Nanocs Inc., Nanoshel LLC, Strem Chemicals Inc. (Ascensus Specialties LLC), and Thermo Fisher Scientific Inc.


About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Global Silver Nanoparticles Market to Reach US$ 5,291.10 Million by 2027, Catalyzed by Increasing Applications Across Various End Use Industries
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More