Metal Nanoparticles Market

Metal Nanoparticles Market Size, Share, Growth (2024-2029)

The Metal Nanoparticle Market size reached USD 3.05 Billion in 2023 and is projected to reach USD 6.29 Billion by 2029, with a growth rate (CAGR) of 11.8% from 2024 to 2029.

Metal Nanoparticles Market Overview

The metal nanoparticles have a feature of the inner core surrounded by the outer shell. The inner core is generally formed by the inorganic metal or organic metal oxide, and the outer shell is an organic or inorganic substance or a metal oxide. These particles are widely used in day-to-day life. Metal nanoparticles have a market in a variety of consumer products like footwear, shampoos, lotions, plastic containers, and others. New antimicrobial specialists are discovering metal oxide nanoparticles. The materials can be expected to produce and manipulated to combine with the chemical functional groups to combine with the antibodies and pharmaceuticals, thus opening a possible user in the biotechnology in the wide range. The metal generally used in the nanoparticles are gold, silver, platinum, copper, nickel, and titanium. The silver metal nanoparticle has antibacterial activity, which helps to increase its popularity. The unique features of these particles will make way for their wide range of applicability to chemical sensing and biological applications.

Metal Nanoparticles Market Drivers

The rise in investments in nanotechnology R&D programs drives the market.

More products are available to characterize nanoparticles with the rise in investment in nanotechnology research. Nations are focusing on the nanotechnology research and development activities. The policies of the science, technology, and innovation (ST&I) of developing nations are also integrating nanotechnology. Many other nations like Australia, Canada, India, and others are also trying to develop nanotechnology research by keeping more emphasis and effort on it. The acquisitions and collaborations by the major key players in the market are also boosting the metal nanoparticles market.

A surge in demand for gold nanoparticles in the pharmaceutical & healthcare sector acts as a market driver.

In the nanomedicine and nanotechnology domain, gold nanoparticles hold the extensively investigated nanometal type due to their versatility. The features of the gold nanoparticles, such as electronic, optical, and catalytic properties, non-immunogenicity, biocompatibility, facile surface chemistry, and antimicrobial property, hold a potential application in the pharmaceutical & healthcare industry that propel the metal nanoparticles market.

Metal Nanoparticles Market Restraints

Importance has to be given in the selection process of the appropriate method for the combing synthesis of metal nanoparticles having the required properties and limited impurities. The method should also check for the scalability of the technique makes the process complex. The lack of an established standard framework of regulations and guidance on the safety requirements limits the market. The lack of a standard framework of provisions for patent registration and right to intellectual property regulations. The complex and exclusive manufacturing process of the nanoparticles is the major restraint in the global metal nanoparticles market growth. The metal nanoparticle market has a gap between basic metal nanoparticle research and its applications in real life. The cost of the metal nanoparticles is also high, which could retard the market growth and product adoption.

REPORT COVERAGE

Metal Nanoparticles Market Opportunities

One of the great opportunities for the metal nanoparticle market is the emergence of metal nanoparticles as green catalysts. A technology that is used to build clean technology to reduce the potential risk to the environment and to improve human health conditions is technically called green nanotechnology. This technology is linked with the implementation and manufacturing process of the products of nanotechnology. The existing low-quality products can be substituted with the products from nanotechnology by improving their properties. More environmentally friendly and sustainable product production is the main motive behind the development of new products with green nanotechnology. 

COVID-19 Impact on the Metal Nanoparticles Market

The COVID-19 pandemic has had a negative impact on the metal nanoparticles market. The lockdown and travel restrictions have ceased production operations in various industries across the world. This led to the hampered growth of the market during the pandemic period. The shutdown of the operations caused a delayed supply of the components and, in some regions, caused the supply and demand imbalance in the market. The demand and increase in the growth of the metal nanoparticles were noticed in certain regions such as North America, South America, and Asia-Pacific before COVID, and negative growth was seen during and post-COVID. The halt in the production activities of the industries in the market is seen to avoid financial losses due to the decreased market demand. 

Key developments in the market

• In 2022, the acquisition and merger of the nanoComposix with Fortis Life Sciences occurred. In the life science reagents sector, this merger results in improved synergies.

• In 2021, Vividion Therapeutics, an American biotech company, was purchased by Bayer AG. This has benefited Bayer’s therapeutic horizon in broadening, and in South Africa & Thailand, the company’s small molecule medicinal capabilities have been improved.

Metal Nanoparticles Market Segmentation

By Metal

• Platinum

• Gold

• Silver

• Iron

• Titanium

• Copper

• Nickel

The silver metal nanoparticles market is expected to dominate the shares. The features of silver include resistance to corrosion & oxidation and wide usage in the electric and electronics industries because of its best electrical conductivity nature. Silver is a precious metal and less expensive that can’t be substituted by any other metal due to the presence of the best thermal and electrical conductivity nature. These features could drive the market. 

By End-user Industry

• Pharmaceutical & Healthcare

• Electrical & Electronics

• Catalyst

• Personal Care & Cosmetics

Pharmaceutical & healthcare sectors are expected to hold a significant share of the metal nanoparticles market in terms of market growth. In the medical field, Metal nanoparticles are used in medical transport, therapeutic agents, cancer detection & treatment, bioimaging, and others. Some potential metals like copper, silver, gold, platinum, and titanium have therapeutic properties. Wide usage of metal nanoparticles in the various applications of the healthcare & pharmaceutical industry acts as a market booster. 

Metal Nanoparticles Market Regional Analysis

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East & Africa

North America is anticipated to dominate the metal nanoparticles market during the forecast period. The U.S. and Canadian nations are sophisticated, and their favorable government for the R&D prime reasons for the high market share. They also have investments in the investigation and creation of novel items. Additionally, these regions have a huge demand for metal nanoparticles in the medical business, such as in technology improvement and healthcare investments. There is a domestic and foreign metal nanoparticle business driving the global market growth. The demand for healthcare, semiconductors, and electronics in the Asia-Pacific region is a reason for having a high market share. 

Metal Nanoparticles Market Key Players

Nanoshel LLC, Johnson & Johnson Services, Inc., Shimadzu Corporation, Novartis AG, Gilead Sciences, Inc., US Research Nanomaterials, Fortis Life Sciences , Bayer AG , Panalytical Ltd, Agilent Technologies Inc.