Nanosilver Market Is Expected to Reach USD 1,845.6 Million in 2020
Transparency Market Research as published a new report titled ”Nanosilver Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020” to its report store.
Increasing demand for nanosilver in consumer electronic products coupled with rising antimicrobial applications in medical and pharmaceutical industries is expected to drive the global nanosilver market between 2014 and 2020. Nanosilver is known for its small particle size, excellent conductivity, and thermal and antimicrobial properties. Hence, it is used in a variety of applications such as washing machines, water purifier, air purifier, hair dryer, socks, bedding, medical devices, drugs and food packaging. High cost of product over conventional silver and significant investment required in production technology are the major restraints of the market. However, niche applications in medical, pharmaceuticals, food & beverage and solar energy are likely to offer immense opportunities in the market in the near future.
This report provides a detailed view of the global nanosilver market by considering 2013 as the base year. It offers forecast of the global nanosilver market from 2014 to 2020. The report includes in-depth analysis of the global nanosilver market in terms of volume (Tons) and revenue (USD Million) from 2013 to 2020. It also comprises several tables and graphs that provide a detailed explanation of various facts and findings of the global nanosilver market. Various authenticated sources have been used to refine and provide a detailed and accurate research on the nanosilver market. Interviews with key industry leaders were conducted along with secondary research during the course of the study. Various governmental regulations and their effect on the nanosilver market were studied in detail. Secondary sources studied for the report include the Silver Institute, Silver Magazine, Australasian Science, and Asia Scientist.
The report also provides key drivers and restraining factors, and their impact on the global nanosilver market during the forecast period. It highlights new avenues for key industry participants in the nanosilver market. The report also includes value chain analysis, which provides information by studying various components of the nanosilver market. Value chain analysis offers the degree of integration exhibited by leading companies operating in the market. Major raw material manufacturers and suppliers are identified using this tool. Major supply agreements signed among companies are also mentioned in detail in the report. Value chain analysis provides information of the distribution channel employed by major players in the market.
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