Nanosilver Market To Witness Highest Growth Rate Over 2016-2024

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Nanosilver Market Analysis By Synthesis,
Application Regional Outlook from 2017 to 2024
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Global Market Scenario of Nanosilver Industry

• Nanosilver Market size is poised to exceed USD
  3.3 billion by 2024 according to a new research
  report by Global Market Insights, Inc.
• Robust demand for anti-microbial coating across
  food beverage industry, healthcare, consumer
  applications, personal care, etc. will boost
  nanosilver market size. This is chiefly due to
  anti-microbial properties possessed by product
  which helps across several applications in the
  aforementioned industries. For instance, in the
  medical industry, product is used to manufacture
  tubes, bandages, ointments, etc.
• Sturdy growth in nano-technology based consumer
  electronics in North America will help in
  attaining promising gains in the nanosilver
  market size in the coming years. It is
  extensively used in manufacturing electronic
  devices equipment owing to its high thermal
  electrical conductivity in inks, pastes and
  adhesives.

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• Increasing demand for superconductors is expected
  to bolster growth of the nanosilver market which
  is credited to space restraints which is
  otherwise required for conventional cables. In
  addition, demand for nanosilver inks is growing
  due to need for higher resolution ink required in
  printed electronics, especially in gravure,
  inkjet and flexographic printing. These trends
  are anticipated to make noteworthy contribution
  to nanosilver market size.
• Strict laws and standards formulated by the U.S.
  EPA, FIFRA and other regulatory agencies against
  product applications due to its harmful
  implications on environment human health will
  obstruct nanosilver market size. In addition,
  high product cost will be another factor which is
  likely to hinder nanosilver market size.

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• Nanosilver market size for physical mode of
  synthesis attained a prominent industry size
  which is anticipated to rise at a moderate rate
  by 2024. In physical mode, it is synthesized by
  evaporation and condensation which is carried
  using tube furnace at atmospheric pressure.
• However, this mode is not preferred for product
  generation as tube furnace occupies large space
  and consume large amount of energy which needs
  significant amount of time to achieve thermal
  stability. Biological and chemical reduction mode
  of synthesis are usually preferred owing to
  several advantages including cost-effectiveness,
  energy efficient, etc. which is likely to help
  propel nanosilver market size in the forecast
  spell.
• Water treatment industry for nanosilver market
  size will witness growth close to 11 during the
  forecast timespan. This is primarily due to
  improving standards legislations towards human
  health environment primarily in the emerging
  economies which is likely to drive product demand
  over the projected timeframe. Product is
  extensively used as a disinfectant in drinking
  water supplies due to its biocidal properties.

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• Competitive Analysis
• In 2016, Asia Pacific nanosilver market size
  contributed close to USD 300 million.
  Considerable industry growth rate will be
  witnessed in the region owing to sturdy pace of
  food beverage, water treatment, personal care,
  textile and healthcare industry which is credited
  to improving socioeconomic factors. Moreover,
  improving health standards in Asia Pacific led to
  formulation of strict legislations to improve
  human health environment is another factor
  which is likely to contribute effectively towards
  nanosilver market size in the coming years.
• Key nanosilver industry share contributors are
  Creative Technology, Blue Nano, NovaCentrix,
  NanoMas Technologies, RAS, SILVIX, Bayer
  MaterialScience, Cambrios Technologies and Inkron.

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