Nano Silver Market: By Method of Synthesis (Biological Synthesis, Chemical Reduction, and Physical Synthesis), By End User (Clothing & Textiles, Electrical & Electronics, Food & Beverage, Personal Care & Cosmetics, Pharmaceuticals, Water Treatment, and Others)  and by Geography  

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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.  

Global Nano Silver Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

20.6%

Largest Market

Asia-Pacific

Fastest Growing Market

North America
Nano Silver Market Dynamics

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.

Key Features of the Reports

  • The nano silver market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

Global Nano Silver Market Segmentation

By Method of Synthesis
  • Biological Synthesis
  • Chemical Reduction
  • Physical Synthesis
By End User
  • Clothing & Textiles
  • Electrical & Electronics
  • Food & Beverage
  • Personal Care & Cosmetics
  • Pharmaceuticals
  • Water Treatment
  • Others
By Geography

North America

  • US
  • Canada

Europe

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

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Frequently Asked Questions

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 
  • Advanced Nano Products
  • Agfa Specialty Products
  • Ames Goldsmith Corporation
  • Applied Nanotech Holdings
  • Bayer Material Science
  • Creative Technology Solutions
  • Nano Silver Manufacturing
  • NanoMas Technologies
  • NovaCentrix
  • Silvix