NEW YORK, May 22, 2017 /PRNewswire/ --
Highlights
- The global nano metal oxides (NMO) market is expected to reach
USD 9,48 billion by 2025, according
to a new report by Grand View Research, Inc.
- The market is expected to positively influenced by investments
in the biomedical, personal care, and electronics sector.
- It is also used as a catalyst and stabilizer for the chemical
manufacturing industry.
- Pharmaceutical and diagnostic companies are continuously
investing in research & development operations to introduce
advanced solutions for the treatment of various diseases.
- Nanoparticles play a significant role in drug delivery systems
and clinical diagnosis.
- The global nano metal oxides (NMO) market is expected to reach
USD 9,48 billion by 2025, according
to a new report by Grand View Research, Inc.
The market is expected to positively influenced by investments
in the biomedical, personal care, and electronics sector.
Nano metal oxides are complex chemical compounds which possess
the potential to be extensively in the electronics, energy,
defense, and paints & coatings sector. NMO's are manufactured
from metal oxides using a different process, the most common one
being the sol-gel process.
NMO's are utilized in the production of cement, inks, plastics,
and rubbers. It is also used as a catalyst and stabilizer for the
chemical manufacturing industry. Pharmaceutical and diagnostic
companies are continuously investing in research & development
operations to introduce advanced solutions for the treatment of
various diseases. Nanoparticles play a significant role in drug
delivery systems and clinical diagnosis.
Further key findings from the report suggest:
The global nano metal oxides demand was USD
4,200 million in 2016 and is projected to grow at a CAGR of
9.5% from 2017 to 2025
The silicon dioxide segment occupied the largest share in 2016
on account of its extensive use in the manufacture of glass,
rubber, coatings, medical, optical, and electronic devices
The magnetic properties of iron oxide are one the prime reasons
it is used as a contrast agent inmagneticresonance imaging (MRI)
systems
Titanium dioxide and zinc oxide are widely used in personal care
products and paints & coating
The zinc oxide segment is projected to grow at the highest CAGR
over the forecast period. Nano zinc oxide absorbs and reflects UV
rays and therefore is used in sunscreens
Nano gold, silver, and platinum oxides are also widely for vitro
& vivo diagnostics, nutraceuticals, and in the production of
biocompatible materials
The electronics &optics segmentaccounted for more than 35%
of the overall NMO market and is anticipated to witness the highest
growth rate over the coming years
Increasing disposable income and investment in technologically
advanced devices is projected to boost demand for NMO's in the
electronics sector
Favorable government & private investments in the aerospace
& defense industry is also expected to contribute to the demand
for NMO's over the coming years
Read the full report:
http://www.reportlinker.com/p04899228/Nano-Metal-Oxide-Market-Analysis-By-Product-Aluminum-Oxide-Iron-Oxide-Titanium-Dioxide-Silicon-Dioxide-Zinc-Oxide-By-Applications-Electronics-Personal-Care-Paints-Coatings-And-Segment-Forecasts.html
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