Gold Nanoparticles Market Application and Regional Insights

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

- Others (Glass, Cosmetics & Photometry)

Global Gold Nanoparticles Market, By Region (Volume, Tons, Revenue, USD Million, 2012 - 2020)

- North America

- Europe

- Asia Pacific

- RoW

Adhesive Films Market is Set to Attain Nearly USD 17 Billion by 2024

15 March 2019, Adhesive films are materials coated with adhesives. They have the ability to join two surfaces. These are majorly used in automotive electronics, consumer electronics, handheld computing, construction, and aerospace electronics. The global adhesive films market is set to attain nearly USD 17 billion by 2024, at a CAGR over 6% during the forecast period (2016 - 2024).

The Adhesive Films Market had a demand of 3.1 million tons in 2015. Need for compact electronic devices and lightweight vehicles are primarily driving it. Boosting demand for consumer electronics in Asia Pacific and food & beverage packaging is said to drive the market. Additionally, expansion across automobile manufacturing coupled with demand for fuel-efficient vehicles also propels market revenues.

However, the market faces challenges in the form of product customization and high manufacturing costs. But, the production of bioadhesive films can provide it new growth avenues.

The Adhesive films market is split according to products, technologies, applications, end-users, and regions. Products are acrylic, polyurethane (PU), polyvinyl acetate (PVAc), polyvinyl butyral (PVB), epoxy, and others. ‘Others’ includes EVA (ethylene-vinyl acetate), SBC (styrenic block copolymers), polypropylene, polyesters, and silicone.

Acrylic films were the leading segment in 2014, with over 25% shares (with respect to demand) in 2014. They are projected to display significant growth over the forecast period. PVAc followed them, with 20% shares the same year. PVB films are prominently used in the automobile industry. They are used to bind vehicles with glass sheets.

Technologies in the adhesive films market comprise hot melt, light cured, pressure-sensitive, self cured, and chemical cured. Pressure-sensitive led in 2014. Its demand is anticipated to reach 4 kilotons (KT) by 2024. Hot melt films should generate nearly 146 KT of volumes by 2024.

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Applications encompass graphics, labels, tapes, tinting, glazing, protective films, and specialty films. Tapes reigned over the market (in terms of demand) in 2015. This was credited to massive usage of one-sided & double-sided tapes in electronics and automotive sectors. They would earn around USD 72 billion by 2024. Labels can experience a CAGR above 6% in the next eight years.

Automotives, consumer electronics, construction, packaging, aerospace, medical, footwear, and furniture constitute the end-users. Packaging would be the leading segment over the forecast period. It is used for product sealing & labeling. Consumer electronics may contribute to the global demand for adhesive films by creating components for lid sealing and other applications in packaging.

North America, Asia Pacific, Europe, and RoW (Rest of the World) are the regions within adhesive films market. Asia Pacific dominated in 2014 due to high demand from its end-user industries. Europe should witness modest growth during 2016 to 2024. Similarly, North America is likely to grow at a CAGR over 6% in the near future.

Some of the key players operating within the global market are BASF SE, 3M Company, Henkel Adhesive Technologies, and Avery Dennison Corporation. Mergers and alliances are their common strategy to stay competitive. For instance, BASF partnered with Avantium Technologies in 2016 to produce furandicarboxylic acid (FDCA). FDCA can be used as a base for producing adhesives in lubricants and personal care products.

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/advanced-materials-industry