19 March 2019, Global Gold Nanoparticles Market
size is expected to reach 4.99 billion by 2020, witnessing gains at a CAGR of
24.7%. Positive outlook towards the increasing applications of nanotechnology
in medical and dentistry such as drug delivery systems, nanomedicines,
therapeutics is expected to drive industry demand. Global nanoparticle demand
in biotechnology, drug development and drug delivery is expected to exceed USD
90 billion by 2020, growing at CAGR of 17.1% from 2014 to 2020.
With
constant innovation and increasing demand for smaller, versatile and smarter
devices the global electronics industry is expected to be one of the fastest
growing gold nanoparticle markets. There has been a surge in demand for this
technology, especially gold nanoparticle inks for storage devices, hard disks
and microchips among others. These inks have also found applications in thin
film transistors and photovoltaic, photo-sensors & detectors.
Stringent
regulations for nanomaterials specifications and use, along with fluctuating
gold prices are expected to be key challenges for industry participants over
the next six years.
Key report insights suggest:
-
Global gold nanoparticles market volume is expected to reach 12.7 tons by 2020,
growing at a CAGR of 23.3% from 2014 to 2020.
-
Medical applications are expected to continue dominating the industry, with
demand estimated to reach USD 2.6 billion by 2020, growing at a CAGR of 25.2%
over the forecast period.
-
Electronic applications accounted for over 21% of global volume in 2013, with
demand expected to exceed 3 tons by 2020, growing at over 25%.
-
North America gold nanoparticles industry revenue is estimated to reach USD 4
billion by 2020, growing at a CAGR of 22%. Demand in Europe was estimated at
USD 242.1 million in 2013.
-
Asia Pacific is expected to be the fastest growing regional market, with
revenue estimated to exceed 1.7 billion by 2020, growing at over 28%.
-
BBI Solutions, NanoSphere, Nanostellar, Sigma Aldrich Corporation, Johnson
Matthey, Metalor Technologies SA and Cytodiagnostics are some of the notable
participants in this industry.
HexaResearch
has segmented the gold nanoparticles market on the basis of
application and region for this report:
Global Gold Nanoparticles Market, By
Application (Volume, Tons, Revenue, USD Million, 2012 - 2020)
-
Medical & dentistry
-
Electronics
-
Catalysis
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Others (Glass, Cosmetics & Photometry)
Global Gold Nanoparticles Market, By Region
(Volume, Tons, Revenue, USD Million, 2012 - 2020)
-
North America
-
Europe
-
Asia Pacific
-
RoW
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