Market Size of Metal Oxide Nanoparticles Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 7.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Metal Oxide Nanoparticles Market Analysis
The market for metal oxide nanoparticles is expected to grow at a CAGR more than 7% globally during the forecast period. Nanoparticles are particles between 1 and 100 nanometers (nm) in size with a surrounding interfacial layer. The interfacial layer is an integral part of nanoscale matter, fundamentally affecting all its properties. Owing to the versatile and favorable chemical properties of metal oxide nanoparticles, its application in electronics, pharmaceutical and is growing exponentially, consequently propelling the market growth.
- However, the hazardous nature of some metal oxide nanoparticles like zinc, copper, titanium and some other oxide nanoparticles may hinder the growth of metal oxide nanoparticles market in the near future. Moreover, the unfavorable conditions arising due to the COVID-19 outbreak is also expected to hamper the market growth.
- Research on antimicrobial properties of metal oxide nanoparticles has emerged to find new antimicrobial agents as an alternative against resistant bacteria that are likely to provide opportunities for the metal oxide nanoparticles market over the next five years.
- Asia-Pacific region is expected to be the fastest growing for the metal oxide nanoparticles market, owing to the soaring demand from healthcare personal care and electronics industries from countries, such as China, Japan, South Korea, India and Vietnam.
