Increasing Demand from Booming Electronics Sector in Asia Pacific to Boost Global Nanosilver Market

Increasing Demand from Booming Electronics Sector in Asia Pacific to Boost Global Nanosilver Market

  • Submitted By: john55364
  • Date Submitted: 04/24/2015 12:52 AM
  • Category: Business
  • Words: 1709
  • Page: 7
  • Views: 1

Transparency Market
Research
Nanosilver Market for Electrical & Electronics, Healthcare, Food &
Beverages, Textile, Water Treatment and Other End-use Industries - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Published Date
2014-10-01

72 Page Report

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Press Release

Nanosilver Market is Expected to Reach USD 1,845.6 Million in
2020
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Nanosilver Market

REPORT DESCRIPTION

Transparency Market Research has released a new market report, According to the report, the global
nanosilver market was valued at USD 682.0 million in 2013 and is anticipated to reach USD 1,845.6 million
by 2020, expanding at a CAGR of 15.4% between 2014 and 2020.

Increasing demand for nanosilver-based consumer products, especially in developed countries, coupled
with growing antimicrobial applications of nanosilver is expected to drive the global nanosilver market
during the forecast period. Additionally, shift towards miniaturization of electronic products is projected to
boost the market. However, volatility in prices of silver and high price of nanosilver over conventional
silver is anticipated to hamper market growth between 2014 and 2020. Novel applications in the field of
electronics, textile and medical are likely to create new opportunities in the market in the next few years.

Browse the full Nanosilver Market report at
http://www.transparencymarketresearch.com/global-nanosilver-market.html

Electrical & electronics industry dominated the global nanosilver market in 2013, accounting for over 37%
of the global demand for nanosilver in terms of volume. Increase in the number of nanosilver-based
electronic products such as air purifiers, water purifiers, washing machines, refrigerators, and hair dryers is...

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