This industry research report provides a detailed segmentation of the global metal oxide nanoparticles market by type of metal oxide (silicon dioxide, aluminium oxide, titanium dioxide, and others), by application (manufacturing, electronics and optics, energy and environment, medical and cosmetics, and others), and by geography (APAC, North America, Europe, and ROW). The top vendors in this market are US Research Nanomaterials, Reinste, NanoScale, American Elements, and EPRUI Nanoparticles & Microspheres.
Technavio’s market research analysts estimate the global metal oxide nanoparticles market, to grow at a CAGR of 9% between 2016 and 2020. There is augmented demand for nanoparticles from sectors like manufacturing, electronics, and optics, as these nanoparticles provide high volume to surface area ratio and increase metal reactivity. North America is the largest producer and consumer of metal oxide, owing to the widespread availability of raw materials for oxide production in this region.
The new market research report from Technavio provides a breakdown and analysis of the metal oxide nanoparticles segments by technology.
“Manufacturers are hugely investing in research activities pertaining to new applications of metal oxide nanoparticles, such as in wastewater treatment and desalination. Researchers are also focusing on reducing carbon emissions by using metal oxide nanoparticles-based catalytic convertor. For instance, aluminum and iron oxide nanoparticles can be used as catalyst in catalytic convertor. Of late, these nanoparticles have found applications in the medical and construction sector also,” says Chandrakumar BJG, Lead Analyst, Chemicals & Materials, Technavio Research
The market research analysts estimate the silicon dioxide nanoparticles segment to account for the largest market share during the predicted period. The silicon dioxide segment currently accounts for a market share of more than 40% and will further enhance its hold over the market by the end of 2020 owing to its augmented usage as abrasives, water retardants, primers and coating for building materials, and paints and plastic fillers.
The leading vendors in the global metal oxide nanoparticles market include US Research Nanomaterials, Reinste, NanoScale, American Elements, and EPRUI Nanoparticles & Microspheres. The competitive environment in this market will increase drastically with an increase in R&D innovations and M&A in the coming years. The market is also likely to witness a growing trend of local acquisitions by the leading players, as it will help them to boost sales by augmenting product innovations.
A more detailed analysis is available in the Technavio report, Global Metal Oxide Nanoparticles Market 2016-2020.
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