Increasing Niche Applications in Healthcare Industry to Boost Global Nanosilver Sales, Tmr Says

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Nanosilver Market - Global Industry Analysis, Size,

Share, Growth, Trends, and Forecast 2014 - 2020

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15-March-2016

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Increasing Niche Applications in Healthcare Industry to

Boost Global Nanosilver Sales, TMR says

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Nanosilver Market

REPORT DESCRIPTION

Nanosilver Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020

The global nanosilver market is presently at its budding stage hence offers limited opportunities for the entry of

new players. Only a handful of manufacturers in the market offer pure nanosilver particles because the

technology is capital-intensive and requires high initial investment in research and development.

Nevertheless, as per Transparency Market Research (TMR) the market is likely to remain highly competitive

due to the increasing demand for nanosilver-based products. Currently there are a few companies holding the

top slot in the market. These include Bayer MaterialScience, Nano Silver Manufacturing Sdn Bhd, and Applied

Nanotech Holdings, Inc. In the next few years, the competition prevailing in the market is likely to intensify

further.

“Demand for nanosilver is poised to surge in the forthcoming years in response to the expansion of the

electrical and electronics industry,” said a lead analyst at TMR. “Silver exhibits the highest electrical

conductivity and is thus widely used across consumer electronics. Since nanosilver demonstrates higher

performance level, it is increasingly replacing traditional silver used in the manufacture of electronics,” he

added.

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Demand for Nanosilver to Mount Steadily in Electrical and Electronics...