The global silver nanoparticles market reached a value of US$ 2,052.10 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 5,291.10 Million by 2027 exhibiting a CAGR of 16.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Silver nanoparticle (AgNPs), or silver nano powder, refers to spherical high surface area metals sized between 100 nm to 1nm. These particles’ biological activities rely on their size, chemistry, shape coating, particle morphology, and ion releasing efficiency. Silver nanoparticle synthesis techniques include physical, chemical, and biological processes. The physical synthesis involves evaporation-condensation, electrical irradiation, gamma irradiation, and laser ablation methodologies wherein the chemical synthesis procedure comprises ultraviolet (UV) initiated photoreduction, microemulsion, and photoinduced reduction. On the other hand, the biological synthesis method utilizes bacteria, fungi, and lactobacillus.

Silver Nanoparticles Market Trends:
The widespread adoption of silver nanoparticles across various industrial verticals, such as pharmaceuticals, healthcare, information technology, cosmetics, and pharmaceuticals sector due to its less energy-consuming properties, is one of the key factors driving the silver nanoparticle market toward growth. In line with this, the increasing utilization of silver nanoparticles in photovoltaics (PVs), biological and chemical sensors due to their optical, thermal, and chemical properties coupled with its extensive applications in antimicrobial coatings, keyboards, textiles, and wound dressings are acting as another growth-inducing factor in the market. Moreover, the rising demand for energy-efficient light-emitting diode (LED), organic light-emitting diode (OLEDs) touchscreen, and photovoltaics systems is contributing to the market growth. The increasing prevalence of non-finished textiles to control odor and infection-causing bacteria is propelling the market growth further. Other factors, such as the implementation of biological silver nanoparticles synthesis due to environmental consciousness amongst the consumers and key players and the escalating penetration of advanced electronics along with the fueling usage of nanoparticles in inks, air and water purifies and especially in the food and beverages (F&B) sector to ensure the food quality by improving barrier, mechanical, and antibacterial properties are creating a positive outlook for the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global silver nanoparticles market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on synthesis method, shape and end use industry.

Breakup by Synthesis Method:

Wet Chemistry
Ion Implantation
Biological

Breakup by Shape:

Spheres
Platelets
Rods
Colloidal Silver Particles
Others

Breakup by End Use Industry:

Electronics and IT
Healthcare and Lifesciences
Textiles
Food and Beverages
Pharmaceuticals
Cosmetics
Water Treatment
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Nano Products Co Ltd, American Elements, Ames Goldsmith Corporation, Cerion LLC, Meliorum Technologies Inc., Merck KGaA, nanoComposix (Fortis Life Sciences LLC), Nanocs Inc., Nanoshel LLC, Strem Chemicals Inc. (Ascensus Specialties LLC) and Thermo Fisher Scientific Inc. Key Questions Answered in This Report:
How has the global silver nanoparticles market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global silver nanoparticles market?
What are the key regional markets?
What is the breakup of the market based on the synthesis method?
What is the breakup of the market based on the shape?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global silver nanoparticles market and who are the key players?
What is the degree of competition in the industry?