The Global Nanoparticles Market Size is expected to witness a robust growth due to increasing application scope of the nanoparticles in food & beverage, healthcare & life sciences, electronics & IT, and textiles industries. In 2017, the Nanoparticles Market was valued at US $XX.X billion and it is expected to reach at a value of US $ XX.X billion in 2025.

Market Insights:

Nanoparticles have a single dimension, whose size ranges around 100 nanometers (nm) or even less. Properties of many end-products change when they are manufactured from nanoparticles, due to the greater surface area per weight offered by these materials than conventional larger particles, which further makes them more reactive to other molecules.

Global Nanoparticles Market, 2017 – 2025

Due to the highly reactive nature and greater surface area of nanoparticles, they are highly preferred in drug development processes, which significantly drives the global nanoparticles market. This is further attributed by the tightening regulations, which are further forcing the drug manufacturers to develop improved medical products. For instance, the World Health Organization (WHO) has laid several regulations, in order to ensure proper development, production, import, export, and distribution as per standards laid. The market is further driven by the developing applications in other end-use industries such as energy, electrical & electronics, etc. Nanoparticles are used in the production of lightweight materials which are used in prosthetics, and they are also capable to protect wood, plastic, and textiles to protect from UV radiations. Owing to these incredible applications, the nanoparticles are witnessing a significant demand rise, which will further help the market to grow over the projected period.

Global nanoparticles market might witness a significant restriction from growth, due to their harmful effects on humans and the environment as well. According to some epidemiology studies, the inhaled nanoparticles pose significant threats to the human body, as they get deposited in the lungs, and also cause some potential damage to important human organs such as brain, liver, spleen, etc. Moreover, the cost of nanoparticle analysis instruments such as Transmission Electron Microscope (TEM), Scanning Electron Microscope (SEM), etc. are significantly high, and many of the manufacturers or researchers are not being able to afford them to manufacture and test for several other applications.

Application Overview

Rising research activities to expand the application potential of nanoparticles for use in various other end-use industries such as energy, electrical & electronics, will offer some serious growth opportunities for the global nanoparticles market. Several types of research are being carried out in order to enhance the product and to incorporate its use in other applications. For instance, several researchers are using the photocatalytic nanoparticles made from copper tungsten oxide for breaking down petroleum products into biodegradable compounds. Additionally, some research activities prove the use of gold nanoparticles implanted in a porous manganese oxide to break down volatile organic pollutants in the air. The nanoparticles are also under consideration for the development of low-cost electrodes for fuel cells.

Product Type Analysis

Based on the product type, the global nanoparticle market has been segmented into carbon-based nanoparticles, metal nanoparticles, ceramic nanoparticles, polymeric nanoparticles and semiconductor nanoparticles, lipid-based nanoparticles. Ceramic nanoparticles market is predicted to hold the dominant share in the global market, over the projected period, owing to its increasing applications in drug delivery, photodegradation of dyes, imaging, and photocatalysis.

End-User Industry Analysis

By end-use industry, the market has been segmented into healthcare, energy, electrical & electronics, others. Global nanoparticles market for healthcare end-use industry is projected to have the prime share over the forecast period, owing to rising applications in drug development, coupled with stringent regulations to manufacture efficient medical products.