Overview of key Silver Nanoparticles Market manufacturers & suppliers, 2017 – 2024

According to the report, "Silver Nanoparticles Market size, worth more than USD 1 billion in 2015, is set to hit a revenue of more than USD 3 billon by 2024, increasing at a CAGR of nearly 13% over 2016-2024."

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The healthcare and food & beverage sectors are slated to be prime avenues through which silver nanoparticles market will grow lucratively. Nano silver is one of the most popular nanomaterials used in the manufacture of consumer products, and finds extensive usage across myriad applications, such as F&B, electronics & IT, healthcare, and textiles, globally.

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1. Silver Nanoparticles market size & forecast by product & application
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U.S. silver nanoparticles industry was worth over USD 300 million in 2015 and is poised to grow at a tremendous pace over 2016-2024, primarily driven by the rising health safety concerns, increased food safety regulations, and development of the F&B sector.

UK silver nanoparticles market is slated to increase at a prominent annual growth rate, having registered a revenue of more than USD 40 million in 2015. This growth can be credited to the changing dynamics of the healthcare sector, regarding the disinfecting of medical equipment.

Silver nanoparticles market from food & beverage applications recorded a revenue of more than USD 70 million in 2015. Favorable properties of nano silver such as bacterial resistance and long shelf life, and the high demand from the F&B sector will propel industry growth.

Europe silver nanoparticles market share from healthcare & life sciences applications was more than 30% of the regional revenue.

Textiles embedded with silver nanoparticles possess the benefits of breathability, water resistance, stain repellence, and UV protection. On these grounds, the textiles application segment covered more than 20% of the overall silver nanoparticles industry share for 2015. Increasing health concerns are fueling the demand for sterilized clothing and smart textiles (embedded with sensors), which will push silver nanoparticles market.

Notable participants include Applied Nanotech, Meliorum Technologies, Cline Scientific, Emfutur Technologies, Bayer, Advanced Nano Products, NanoHorizons, Nanocs, Ames Goldsmith, American Elements, Nanoshel, and Cima NanoTech.

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