03-May-2022 | Facts and Factors
According to the Facts & Factors report, the global nano copper oxide market was worth about 97.8 (USD million) in 2021 and is predicted to grow to around 280 (USD million) by 2028, with a compound annual growth rate (CAGR) of around 13.8% during the forecast period.
Nano copper oxide is a brown-black or red-colored nanomaterial that comes in a number of aspects and is used to meet the needs of an increasingly diverse application base. These nanoparticles are known to have a variety of physical and chemical properties, including antibiocide and antimicrobial properties, as well as, relative stability, photovoltaic properties, and superconductivity. These nanomaterials are typically used in small amounts to boost the effectiveness of the end product and are regarded as advanced, cost-effective solutions. As a result, these are used in the production of semiconductor devices, batteries, gas sensors, equipment, microelectronics, and other items. These nanoparticles have found applications in agricultural, biomedical, textile, and other relevant industries as a result of extensive research and development efforts.
Browse the full “Nano Copper Oxide Market By End-User (Catalysts, Paints & Coatings, Energy Storage, Electrical & Electronics, and Others), and By Region-Global and Regional Industry Trends, Competitive Intelligence, Analysis of Data, Statistical Data, and Forecast 2022-2028" report at https://www.fnfresearch.com/nano-copper-oxide-market
The rising use of metal oxide and metal nanoparticles in the semiconductor and electronics sectors is a key driver driving the global nano copper oxide market. Due to their potent catalytic characteristics, copper oxide nanoparticles are expected to gain popularity in catalyst applications. As a result, firms are ramping up the manufacturing of copper oxide nanoparticles. Furthermore, an increase in demand for copper oxide nanoparticles in paint & coating applications is expected to drive demand in the near future.
Technological advancements are taking place in the global market. Companies are continuously looking to create new and improved methods of producing copper oxide nanoparticles. The copper oxide nanoparticles market is expected to be propelled by the development of new and improved copper oxide nanoparticles and applications. However, the highly toxic nature of these particles is expected to have a negative impact on market growth.
The global nano copper oxide market is segmented into end-user and regions. By end-user, the market is divided into catalysts, paints & coatings, energy storage, electrical & electronics, and others. The electrical & electronics segment accounts for the majority of the market share. During the forecast period, the paints & coatings segment is expected to have the highest CAGR. Nano-coatings are used to protect, seal, and color solid surfaces in paints & coatings.
During the forecast period, North America is expected to hold the lion's share of the global nano copper oxide market. Because of the increased research and development in the field of nanotechnology, Asia Pacific is expected to be a rapidly expanding region for the copper oxide nanoparticles market. Due to the region's increased demand for copper oxide nanoparticles in catalysts and electrical & electronics applications, the Middle East & Africa are expected to be appealing regions for the market during the forecast period.
Report Scope
Report Attribute |
Details |
Market Size in 2021 |
USD 97.8 Million |
Projected Market Size in 2028 |
USD 280 Million |
CAGR Growth Rate |
13.8% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
NaBond Technologies, SkySpring Nanomaterials, Sun Innovations, Nanotechnology, Hongwu International Group, Strem Chemicals, PlasmaChem GmbH, Reade Advanced Materials, Quantumsphere, Ionic Liquids Technologies GmbH, Nanoshel, US Research Nanomaterials, American Elements, Nanocomposix, Inframat Corporation, Sisco Research Laboratories, and Nanjing Emperor Nano Material., among others |
Key Segment |
By End-User, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the key players in the global nano copper oxide market are NaBond Technologies, SkySpring Nanomaterials, Sun Innovations, Nanotechnology, Hongwu International Group, Strem Chemicals, PlasmaChem GmbH, Reade Advanced Materials, Quantumsphere, Ionic Liquids Technologies GmbH, Nanoshel, US Research Nanomaterials, American Elements, Nanocomposix, Inframat Corporation, Sisco Research Laboratories, and Nanjing Emperor Nano Material.
Recent Development
- July 2021: Fortis Life Sciences has completed the acquisition of nanoComposix, a premium nanomaterial company focused on assay development and diagnostic solutions.
- February 2019: CliniSciences and nanoComposix have signed an agreement to expand the distribution of nanoComposix technology and materials to customers throughout Europe.
The global nano copper oxide market is segmented as follows;
By End-User
- Catalysts
- Paints & Coatings
- Energy Storage
- Electrical & Electronics
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Reunion
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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