Global Gold Nanoparticles Market is expected to reach
USD 4.86 billion by 2020, according
to a new study by Grand View Research, Inc. Medical & dentistry was the
largest end-use segment for the gold nanoparticles and accounted for over 50%
of total demand in 2013. Growing metal nanomaterials use in medical diagnostics
& imaging especially for drug delivery systems in cancer & tumor cell
detection is expected to drive gold nanoparticles demand over the forecast
period.
North America
dominated the global gold nanoparticles market accounting for over 30% of
global volume in 2013. Increasing R&D spending by individual nanotechnology
companies and universities along with expanding medical diagnostics industry is
expected to be the major factors driving gold nanoparticles demand in the
region. Asia Pacific is estimated to witness the fastest growth at a CAGR of
over 25% from 2014 to 2020. Growth of nanomaterials industry in countries
including China, Taiwan, South Korea and Japan along with emergence of these
regions as electronic manufacturing hubs is expected to fuel market growth over
the next six years.
Full Research Report on Global Gold Nanoparticles Market
Analysis:
http://www.grandviewresearch.com/industry-analysis/gold-nanoparticles-industry
http://www.grandviewresearch.com/industry-analysis/gold-nanoparticles-industry
Further key findings from the study suggest:
- In terms of volume, global gold
nanoparticles market was estimated at over 3 tons in 2013, however, growth
of several end-use industries and development of niche applications such
as glass tinting and fruit & vegetable protection is anticipated to fuel
future demand.
- Europe gold nanoparticles market
accounted for over 20% of global revenue and is estimated to witness
stable demand over the next few years owing to financial instability in
the region.
- Electronic industry is estimated to
witness the fastest growth at a CAGR of over 20% from 2014 to 2020. High
demand for electronic biosensors and compact storage devices which
requires gold nanoparticles inks and nanowires is estimated to drive
market growth.
- Companies such as nanoComposix have
developed proprietary technology for biosynthesis of nanoparticles. Others
nanobiotechnology companies are expected to follow similar trends in order
to develop innovative and ecofriendly methods for manufacturing gold
nanoparticles.
- Global gold nanoparticles market is moderately
fragmented with small regional and global manufacturers. Companies are
continuously involved in R&D and are focusing towards developing
application specific finished products. Major companies operating in
global market include BBI Solutions, Nanosphere, Nanostellar Inc.,
Cytodiagnostics and Sigma-Aldrich.
View more reports of this category by Grand View Research
at: http://www.grandviewresearch.com/industry/nanoparticles
For the purpose of this study, Grand View Research has
segmented the Gold Nanoparticles Market on the basis of end-use and region:
Global Gold Nanoparticles Market
End-Use Outlook (Volume, Tons, Revenue, USD Million, 2012 - 2020)
• Medical & dentistry
• Electronics
• Catalysis
• Others (Glass, Cosmetics & Photometry)
Global Gold Nanoparticles Market Regional Outlook (Volume, Tons, Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• RoW
• Medical & dentistry
• Electronics
• Catalysis
• Others (Glass, Cosmetics & Photometry)
Global Gold Nanoparticles Market Regional Outlook (Volume, Tons, Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• RoW
Access Press Release of this research report by Grand
View Research: http://www.grandviewresearch.com/press-release/global-gold-nanoparticles-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com