Nanosilver Market is Expected to Reach US$ 2,415.5 Mn by 2023

Transparency Market
Research

Nanosilver Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2023

Published Date
15-03-2016

133 Page Report

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Nanosilver Market is Expected to Reach US$ 2,415.5 Mn by 2023

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Nanosilver Market

REPORT DESCRIPTION

Transparency Market Research has released a new market report titled “Nanosilver Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” According to the report, the global
nanosilver market was valued at US$ 700.9 Mn in 2014 and is anticipated to reach US$ 2,415.5 Mn by
2023, expanding at a CAGR of 14.8% between 2015 and 2023.
Silver particles ranging from 1nm to 100nm in size are called nanosilver. Small particle size, large surface
area, and excellent antibacterial and conductive properties are the major advantages of nanosilver. Hence,
it is used in various applications such as electronics, cosmetics, medical, pharmaceuticals, pesticides,
textiles, plastics, paints & coatings, electrical, water treatment, food & beverages, packaging and
detergents. Silver nitrate along with other silver salts such as silver sulfate, silver acetate, sodium
borohydride, and silver oxide is employed in the manufacture of nanosilver depending upon the size and
geometry of the nanosilver particle. Based on product type, nanosilver can be further divided into powder,
colloidal, and master batch forms.
In terms of revenue, electrical & electronics accounted for major share of the nanosilver market in 2014.
This trend is projected to continue during the forecast period. Healthcare is expected to be the fastest
growing end-user segment of the nanosilver market in terms of revenue during the forecast period. It held
nearly...