Metal Nanoparticles Market Analysis

Global Metal Nanoparticle Market Overview

Metal Nanoparticle Market Size was valued at USD 2.50 billion in 2023. The metal nanoparticle market is projected to grow from USD 2.90 Billion in 2024 to USD 8.3 billion by 2032,exhibiting a compound annual growth rate (CAGR) of 14.06% during the forecast period (2024 - 2032). A variety of uses in drug delivery and other medical arenas are the key market drivers enhancing the market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Metal Nanoparticle Market Trends

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  Rising application in food and beverages is propelling market growth

  
  

The food and beverage industry, which is one of the world's largest, is driving the market CAGR for metal nanoparticale. The food and beverage business in the EU is valued USD 1.36 trillion, according to FoodDrinkEurope, a food industry organization in the EU. Technological improvements have resulted in various applications for metal nanoparticles in the food and beverage industries. Food processing is one such application. Companies are developing nanostructured food additives including metal nanoparticles in order to improve the flavor, texture, and consistency of food. Metal nanoparticles are also employed in the beverage industry to create nanoemulsions, which can be found in a variety of soft drinks, fortified waters, juices, and dairy products.

Furthermore, metal nanoparticles such as silver, iron oxide, titanium dioxide, silicon dioxide, and zinc oxide are utilized as antibacterial agents or ultraviolet (UV) light absorbers in food packaging. As a result, the increasing use of metal nanoparticles in the food and beverage industries is likely to increase demand for metal nanoparticles in the future, propelling the global metal nanoparticles market forward.

Furthermore, due to their adaptability, gold nanoparticles are the type of nanometal that has received the most attention in the domains of nanomedicine and nanotechnology. Because of their unique electrical, optical, and catalytic capabilities, non-immunogenicity, simple surface chemistry, biocompatibility, and antibacterial properties, gold nanoparticles may find use in the pharmaceutical and healthcare industries. since of their high atomic mass, gold nanoparticles are ideal for increasing the radiation dose used to treat cancer since they absorb more radiation than soft tissue cells..Thus, driving the metal nanoparticle market revenue.

Metal Nanoparticle Market Segment Insights

Metal Nanoparticle Metal Insights

The Metal Nanoparticle Market segmentation, based on metal includes gold, silver, iron, copper, platinum, graphite titanium. The silver category was expected to expand substantially during the forecast period beginning in 2022. Silver nanoparticles are likely to dominate the market for MNPs. Silver is the most electrically conductive precious metal. It is mostly utilized in the electric and electronics industries and is corrosion and oxidation resistant. Because they have the finest thermal and electrical conductivity of any metal, less expensive materials cannot simply substitute. Silver is an important component of green technology due to its high electrical and thermal conductivity and the lowest contact resistance of any metal.

Metal Nanoparticle Synthesis Process Insights

The Metal Nanoparticle Market segmentation, based on synthesis process, includes chemical method, physical method and biological method. During the anticipated period, the physical method category will account for the largest market share of metal nanoparticles. Ball milling, physical vapor deposition, ultrasonication, thermal evaporation, photoirradiation, laser ablation, spray pyrolysis, radiolysis, pulsed laser ablation, plasma reduction technique, and other physical processes are used to create metal nanoparticles. Every physical technique has benefits and drawbacks of its own. For instance, physical vapor deposition is an expensive approach that only produces small amounts of material.

Figure1: Metal Nanoparticle Market, by Synthesis Process, 2022&2032(USD billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Metal Nanoparticle End-User Industry Insights

The Metal Nanoparticle Market segmentation, based on end-user industry, includes pharmaceutical, electrical & electronics, personal care & cosmetics, chemical, food & beverage. Over the forecast period, the pharmaceutical market is expected to grow at a rapid pace. In 2022, the pharmaceutical industries dominated the metal nanoparticle market. MNPs are rapidly being employed in the medical industry for a variety of purposes, including therapeutic agents, medicine transfer, bioimaging, and cancer diagnosis and treatment. Many other MNPs have been identified for their potential medicinal effects, including copper, silver, gold, titanium, and platinum.

Metal Nanoparticle Regional Insights

By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America dominated the market. Increased applications of metal nanoparticles in industries such as healthcare, cosmetics, and electrical and electronics, as well as the presence of domestic and international companies operating in the region and constantly improving overall business processes, would create lucrative growth opportunities for the North American market during the forecast period.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure2: METAL NANOPARTICLE MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe’s metal nanoparticle market accounts for the second-largest market share due to the growing medical and healthcare domain is expected to contribute to regional growth. Further, the German metal nanoparticle market held the largest market share, and the UK metal nanoparticle market was the fastest-growing market in the European region

The Asia-Pacific Metal Nanoparticle Market is expected to grow at the fastest CAGR from 2023 to 2032. This is Because of advancements in the electronics and semiconductor industries, as well as rising expenditure on healthcare research in the region. Moreover, China’s metal nanoparticle market held the largest market share, and the Indian metal nanoparticle market was the fastest -growing market in the Asia-Pacific region.

Metal Nanoparticle Key Market Players & Competitive Insights

Leading market players are investing heavily in R&D to expand their product lines, which will help the metal nanoparticle market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, metal nanoparticleindustry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global metal nanoparticle industry to benefit clients and increase the market sector. In recent years, the metal nanoparticle industry has offered some of the most significant advantages to medicine. Major players in the metal nanoparticle market, including BBI Solutions (UK), nanoComposix (US), US Research Nanomaterials Inc. (US), Avansa Technology & Services (India), Tanaka Holdings Co. Ltd (Japan) and others, are attempting to increase market demand by investing in R&D operations.

Tanaka Kikinzoku Group, founded in 1885, is a Japanese manufacturer of precious metal materials, primarily for the electronics, semiconductor, and automobile industries. Tanaka Kikinzoku International (Europe) GmbH is based in Frankfurt, Germany, while Tanaka Kikinzoku International (America) Inc. is based in Chicago, Illinois. Tanaka Kikinzoku was formed as a monetary exchange service, but quickly became known for connecting manufacturing companies with platinum resources. Tanaka specialized in platinum metal recovery and was Japan's first producer of platinum fine filament wire. In September 2019, Tanaka Holdings developed a wire forming technology (Low-temperature sintered silver nanometal printing technique) capable of sintering at a low temperature of 70°C using TANAKA Kikinzoku Kogyo's low-temperature sintered silver nano ink, and a full-surface silver metal film forming technology using existing processes. This technology will contribute to thinner devices, increased flexibility, and higher image quals of smartphone touch panels, organic electroluminescence displays, and other applications.

The Korea Institute of Science and Technology (KIST) is a multidisciplinary research institute in Seoul, South Korea. It was the first multidisciplinary scientific research institute in Korea, established in 1966, and has made major contributions to the country's economic development, particularly during the years of accelerated expansion in the 1970s and 1980s. It has a research team of about 1,800 research scientists, visiting scientists, fellows and trainees, and foreign scientists engaged in basic research in diverse domains of science and technology. In February 2022, the Korea Institute of Science and Technology (KIST) created metal nanoparticles What were significantly capable of boosting the performance of hydrogen fuel cell catalysts by employing semiconductor manufacturing technology. The institute used sputtering technology to overcome the inadequacies of the prevailing chemical synthesis.

Key Companies in the metal nanoparticle market include

• American Elements. (US)


• Avansa Technology & Services (India)


• Backtrace Holdings Ltd (UK)


• Meliorum Technologies Inc. (US)


• Hongwu International Group Ltd (China)


• Nanoshel LLC (US)


• US Research Nanomaterials Inc. (US)


• Cerion LLC (US)


• BBI Solutions (UK)


• Strem Chemicals Inc. (US)


• nanoComposix (US)


• Tanaka Holdings Co. Ltd (Japan)

Metal NanoparticleIndustry Developments

In May 2022 Fortis Life Sciences paid an undisclosed fee for nanoComposix. After this acquisition, nanoComposix will be combined with other Fortis portfolio companies, resulting in increased synergies in the life science reagents area. NanoCompsoix, based in San Diego, is a high-end nanomaterials firm focused on assay development and diagnosis.

In  March 2021 NanoComposix has entered into an agreement with BIOZOL Diagnostica Vertrieb GmbH to expand the distribution of nanoComposix products to consumers in Germany and Austria. BIOZOL Diagnostica Vertrieb GmbH markets and distributes immunology, cell biology, molecular biology, biochemistry, and human and veterinary diagnostics products such as antibodies, recombinant proteins, ELISA/EIA, detection kits, biochemicals, and additional reagents for cell culture, flow cytometry, immunohistology, and cytogenetics. The collaboration will broaden its geographical reach throughout Germany.

In November 2021 A team of researchers from the Indian Institute of Science Education and Research (ISER) in Bhopal developed a simple and safe method for producing silver nanoparticles that can be utilized as antibacterial agents. The scientists treated silver nitrate, a critical component of 'election ink,' which is typically used to ink fingers after voting in India, with tyrosine in the presence of caustic soda, according to the study's lead. Tyrosine was used as a reducing and capping agent in the production of silver nanoparticles.

Metal Nanoparticle Market Segmentation

Metal Nanoparticle Market Metal Outlook

• Gold


• Silver


• Iron


• Copper


• Platinum


• Graphite Titanium

 Metal Nanoparticle Market Synthesis Process Outlook

• Chemical Method


• Physical Method


• Biological Method

 Metal Nanoparticle Market End-User Industry Outlook

• Pharmaceutical


• Electrical & Electronics


• Personal Care & Cosmetics


• Chemical


• Food & Beverage

Metal Nanoparticle Regional Outlook

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  North America

  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


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  Europe

  
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


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  Asia-Pacific

  
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


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  Rest of the World

  
  
  
  
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    Middle East

    
    
  
  
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    Africa

    
    
  
  
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    Latin America