- Biological Synthesis
- Chemical Reduction
- Physical Synthesis
Nano Silver Market size was valued at USD 434 million in 2022 and is expected to reach USD 1,608 million by 2028, supported by a significant CAGR of 20.6% from 2023-2029. In the next six years, the worldwide nanosilver market is predicted to rise due to industrial silver demand from various end-use industries. Market growth is likely to be fueled by rising antimicrobial applications in the pharmaceutical and medical sectors, as well as rising consumer electronics usage. Nanosilver's superior features, such as its small size, high conductivity, and thermal and antibacterial capabilities, have led to increased use in products like water and air purifiers, hair dryers, washing machines, socks, pharmaceuticals, medical equipment, and food packaging. Over the projected period, expanding application scope is expected to be a key driver for the market. Increasing use of nano silver in consumer electronics, outstanding antimicrobial properties of nanosilver, growing expenditure on healthcare, miniaturization of printed sensors and increasing demand for superconductors are some key factors influencing the market growth.
However, factors such as high product prices and stringent regulations formed against product use are hampering the market growth.The major methods used for silver nanoparticle synthesis are the physical and chemical methods. The problem with the chemical and physical methods is that the synthesis is expensive and can also have toxic substances absorbed onto them. Hence, high costs of nano silvers hampers the market growth. Global nano silver market is surging owing to frequent acquisitions and launchings by the market players. For instance, in Mar 2014, NovaCentrix acquired PChem to effectively utilize its nanosilver ink technology to further expand its customer base and improve its profitability in the industry.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Nanosilver is considered the most commonly used engineered nanomaterial for antibacterial textiles, polymer films for food packaging, paints and pigments, filters for water or air treatment etc. Nano silver (Ag) is one of the attractive nano materials for antibacterials application. Nano silver has been applied as antimicrobial in public area such as train stations and elevators. t has attrative biomedical applications taking advantage of its antimicrobial properties to prevent infections, and plasmonic and metallic properties as a diagnostic and therapeutic tool. Some important advantages of silver-based antimicrobials are their excellent thermal stability and their health and environmental safety. Hence, outstanding antimicrobial properties of nanosilver are fueling the market growth.
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa (MEA)
The nano silver market size was valued at USD 434 million in 2022.
The nano silver market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The nano silver market key players are Advanced Nano Products, Agfa Specialty Products, Ames Goldsmith Corporation, Applied Nanotech Holdings, Bayer MaterialScience, Creative Technology Solutions, Nano Silver Manufacturing, NanoMas Technologies, NovaCentrix, Silvix
1.Executive Summary |
2.Global Nano Silver Market Introduction |
2.1.Global Nano Silver Market - Taxonomy |
2.2.Global Nano Silver Market - Definitions |
2.2.1.Method of Synthesis |
2.2.2.End User |
2.2.3.Region |
3.Global Nano Silver Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Nano Silver Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Nano Silver Market By Method of Synthesis, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
5.1. Biological Synthesis |
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Chemical Reduction |
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Physical Synthesis |
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6.Global Nano Silver Market By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
6.1. Clothing & Textiles |
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Electrical & Electronics |
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Food & Beverage |
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Personal Care & Cosmetics |
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Pharmaceuticals |
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Water Treatment |
6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.7. Others |
6.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.7.3. Market Opportunity Analysis |
7.Global Nano Silver Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Latin America |
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.North America Nano Silver Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
8.1. Method of Synthesis Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Biological Synthesis |
8.1.2.Chemical Reduction |
8.1.3.Physical Synthesis |
8.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Clothing & Textiles |
8.2.2.Electrical & Electronics |
8.2.3.Food & Beverage |
8.2.4.Personal Care & Cosmetics |
8.2.5.Pharmaceuticals |
8.2.6.Water Treatment |
8.2.7.Others |
8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9.Europe Nano Silver Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
9.1. Method of Synthesis Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Biological Synthesis |
9.1.2.Chemical Reduction |
9.1.3.Physical Synthesis |
9.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Clothing & Textiles |
9.2.2.Electrical & Electronics |
9.2.3.Food & Beverage |
9.2.4.Personal Care & Cosmetics |
9.2.5.Pharmaceuticals |
9.2.6.Water Treatment |
9.2.7.Others |
9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
9.3.6.Rest of EU |
10.Asia Pacific (APAC) Nano Silver Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
10.1. Method of Synthesis Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Biological Synthesis |
10.1.2.Chemical Reduction |
10.1.3.Physical Synthesis |
10.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Clothing & Textiles |
10.2.2.Electrical & Electronics |
10.2.3.Food & Beverage |
10.2.4.Personal Care & Cosmetics |
10.2.5.Pharmaceuticals |
10.2.6.Water Treatment |
10.2.7.Others |
10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11.Middle East and Africa (MEA) Nano Silver Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
11.1. Method of Synthesis Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Biological Synthesis |
11.1.2.Chemical Reduction |
11.1.3.Physical Synthesis |
11.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Clothing & Textiles |
11.2.2.Electrical & Electronics |
11.2.3.Food & Beverage |
11.2.4.Personal Care & Cosmetics |
11.2.5.Pharmaceuticals |
11.2.6.Water Treatment |
11.2.7.Others |
11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12.Latin America Nano Silver Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
12.1. Method of Synthesis Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Biological Synthesis |
12.1.2.Chemical Reduction |
12.1.3.Physical Synthesis |
12.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Clothing & Textiles |
12.2.2.Electrical & Electronics |
12.2.3.Food & Beverage |
12.2.4.Personal Care & Cosmetics |
12.2.5.Pharmaceuticals |
12.2.6.Water Treatment |
12.2.7.Others |
12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LA |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.Advanced Nano Products |
13.2.2.Agfa Specialty Products |
13.2.3.Ames Goldsmith Corporation |
13.2.4.Applied Nanotech Holdings |
13.2.5.Bayer Material Science |
13.2.6.Creative Technology Solutions |
13.2.7.Nano Silver Manufacturing |
13.2.8.NanoMas Technologies |
13.2.9.NovaCentrix |
13.2.10.Silvix |
14. Research Methodology |
15. Appendix and Abbreviations |