In 2016, the global market for nano metal oxide was valued at USD 4.2 million. Demand will be driven by advances in life sciences and research in the biomedical field. Demand is expected to rise with the positive impact of rising personal and skincare product consumption.
NMO's are a new field in material chemistry that is still underexplored but has many potential applications. These materials are expected to make a significant contribution in medicine, information and technology, as well as energy storage, electronic devices, and catalysis. Nanoparticles (NP), which are used to fabricate products, have made significant progress in commercialization as well as in research and development.
U.S. market for nano metal oxides by product, 2014-2025 (USD million)
These compounds have complex structures, which will be a boon for the medical industry. The medical and life sciences have seen recent advances in drug delivery systems and gas sensors. This has also led to improved accuracy in medical diagnosis. The most crucial step in formulating treatments is accurate diagnosis.
Over the last few years, metal oxide NP's has been a major topic of research. Both governments and companies invest heavily in research and development to commercialize the use NP's within a variety of products. The use of nanotechnology in diagnostic imaging, clinical diagnostics, and electrodiagnostics is all part of the broader field. Because of its magnetic properties, iron oxide can enhance the images of MRI because it binds with tumor cells.
The largest share of 2015's silicon dioxide was held by SiO2, which is used in the production of plastics, paints, batteries, cosmetics and rubber. This will likely increase growth. Silicon dioxide can also be used in biomedical applications, as a drug carrier or as an integral component of electronic devices.
Silicon dioxide is an important element in the glass, construction and optical industries. Quartz glasses are used to fabricate lenses and other optical components for high-temperature resistant equipment. Due to the increasing production of automobiles, Silicon dioxide will gain high traction in tire manufacturing.
Titanium dioxide is a common ingredient in high-factor sunscreens, wood preservatives and textile fibers. Its ability to kill bacteria and protect against UV radiations are two of the main reasons that titanium dioxide is used in sunscreens and other personal care products.
Medical solutions use biomedical NPs like iron oxides and gold. NMO's are used by the healthcare industry in drug delivery, vitro and vivo diagnostics, biocompatible material production, and nutraceuticals.
NP's made of metal oxide are accepted in personal care, electronics and medical. NMO's have elements of oxide diversion, which makes chemical fabrication easier. Because of their physiological structures, these compounds are often used in electronic components. They easily exhibit metallic, semiconductor, or insulation characteristics. These oxides can be used to make fuel cells, piezoelectric devices and coatings. NMO's can be used to prevent corrosion as well as being used extensively as a catalyst.
Market for nano metal oxides worldwide by application, 2016, (%)
In the next few years, the optical fiber industry will grow at a high rate of CAGR. Optic fibers are used in telecommunications, fiber lasers, sensors, and other areas. Sensing coatings made with NP's increase the sensor's sensitivity and response time. Zinc oxide is used extensively in cosmetics and the industrial coatings sector to protect plastics, textiles, wood, and other materials from ultraviolet rays.
The growth of the nano metal oxide market is expected to be fueled by revolutionary advancements in pharmaceutical solutions and life sciences, as well as rising demand for cosmetics and personal care products. Investment in life sciences is expected to rise due to the increasing expenditure on advanced medical treatment and the development of patient-centric treatment methods.
The sales of personal care products is on the rise and they are also subject to content modification. Sunscreens, moisturizers and other makeup products use zinc oxide, aluminum and titanium dioxide. NP's improve efficiency, texture, transparency and protect active ingredients in cosmetics.
Research organizations and other institutions are using NMO's more frequently to expand the product application range. This is expected to drive growth. Research on environmentally friendly fuels includes extensive use of lead, molybdenum and titanium as well as iron oxides.
As it replaces precious metal catalysts by nanoscale catalysts, nanostructured catalysts will be preferred in the chemical industry. This improves chemical reactivity as well as reducing operating costs. NMO's get a lot of their primary supply from the medical, electronic, pharmaceutical, personal-care, energy, paints and coatings, and medical sectors. One of the most significant environmental problems is heavy metal-content sludge. Because it absorbs heavy metals, NP's are used extensively in wastewater treatment.
Asia Pacific is expected to grow at the highest rate of CAGR. It accounted for over 30% of global revenue in 2016, and more than half of global revenue. In the next few years, emerging economies like South Korea, India and China will experience strong economic growth. The region's growing population and high standard of living will likely increase the demand for electronics, cosmetics and medical technology.
The demand for nanostructured material is expected to rise due to increased production of automobiles and investment in aerospace & defence. Nanostructured oxides will be more popular due to the large investments made in North America in biomedical engineering.
North America's and Europe's strict regulations are expected to limit growth in these areas. The potential harmful effects of NPs on the environment and health are being investigated by regulatory authorities like the Food and Drugs Administration, U.S. Environmental Protection Agency and the Health and Consumer Protection Directorate.
Research & Development activities are expected to be a major investment by companies. Companies involved in product development are expected to use collaborations as a strategic tool. In the industry, new product launches and capacity expansion are common.
Among others, these companies include Sigma-Aldrich Corporation and US Research Nanomaterials Inc..
Nanophase Technologies Corporation, a Polishing Laboratory, was inaugurated in September 2014. It caters to various optical and precision surface finishing applications. The company develops nanostructured products for a variety of end-uses.
This report predicts revenue growth at the global, regional and country levels. It also provides analysis on industry trends in each sub-segment from 2014 through 2025. Grand View Research has divided the global market for nano metal oxide on the basis product, region, and application.
Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
Aluminum oxide
Iron oxide
Titanium dioxide
Silicon dioxide
Zinc oxide
Other
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
Electronics and optics
Personal and medical care
Coatings and paints
Environment & Energy
Other
Regional Outlook (Volume of Kilo Tons; Revenue USD Million, 2014-2025)
North America
The U.S.
Europe
Germany
UK
France
Asia Pacific
China
India
Japan
South Korea
Central & South America
Middle East & Africa
Up Market Research published a new report titled “Nano Metal Oxide Market research report which is segmented by Applications (Electronics, Personal Care, Paints & Coatings), by Product (Silicon Dioxide, Zinc Oxide, Aluminum Oxide, Titanium Dioxide, Iron Oxide), By Players/Companies EPRUI Nanoparticles & Microsphere, SkySpring Nanomaterials Inc, Baikowski SAS among others, US Research Nanomaterials Inc, Nanoshel LLC, Nanophase Technologies Corporation, Sigma-Aldrich Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Nano Metal Oxide Market Research Report |
By Applications | Electronics, Personal Care, Paints & Coatings |
By Product | Silicon Dioxide, Zinc Oxide, Aluminum Oxide, Titanium Dioxide, Iron Oxide |
By Companies | EPRUI Nanoparticles & Microsphere, SkySpring Nanomaterials Inc, Baikowski SAS among others, US Research Nanomaterials Inc, Nanoshel LLC, Nanophase Technologies Corporation, Sigma-Aldrich Corporation |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 207 |
Number of Tables & Figures | 145 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Applications (Electronics, Personal Care, Paints & Coatings), by Product (Silicon Dioxide, Zinc Oxide, Aluminum Oxide, Titanium Dioxide, Iron Oxide).
Nano Metal Oxide Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Nano Metal Oxide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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