$486.6 Million Worldwide Nano Copper Oxide Industry to 2027 - Players Include American Elements, Hongwu International, Inframat and Nanoshel - ResearchAndMarkets.com
By Business Wire
The global nano copper oxide market size reached US$ 122.77 Million in 2021. Looking forward, the publisher expects the market to reach US$ 486.62 Million by 2027, exhibiting a CAGR of 25.8% during 2021-2027.
- American Elements
- Hongwu International Group Ltd
- Inframat Corporation
- Nanostructured & Amorphous Materials Inc.
- PlasmaChem GmbH
- SkySpring Nanomaterials Inc.
- US Research Nanomaterials Inc.
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.
Nano copper oxide (CuO) nanoparticles are synthesized through an aqueous precipitation procedure. It involves the use of various precursors, including copper nitrate (Cu(NO3)2) and copper chloride (CuCI2) and sodium hydroxide (NaOH) as stabilizing agents.
It is cost-effective, stable, and comprises superconductivity, photovoltaic, antimicrobial, and other chemical and physical properties that provide better strength, ductility, and high electrical conductivity. Based on these properties, nano copper oxide finds extensive applications in semiconductor devices, microelectronics, batteries, gas, textiles, agriculture, and biomedical tools. At present, it is commercially available in powdered and dispersed forms.
The rapid expansion in the electronics sector has supplemented the widespread adoption of nano copper oxide in various consumer electronic products, including laptops, smartphones, and desktops, to formulate batteries and semiconductor devices.
These metal nanoparticles ensure proper electricity flow and enhance overall gadget performance, which represents a prime factor driving the market growth. In line with this, copper oxide nanoparticles exhibit antimicrobial properties, due to which they find extensive usage in several biomedical applications in the healthcare sector for the treatment of hospital-acquired disease and microbial pathogens.
Moreover, the introduction of conductive copper oxide nanoparticle-based ink and its uptake as a critical component in additive manufacturing, three-dimensional (3D) printing systems, and thin film deposition applications is propelling the market growth.
Additionally, significant technological advancements to optimize nano copper oxide production procedures are contributing to the market growth. Other factors, such as the extensive product demand across various industrial verticals owing to its numerous beneficial properties and continuous research and development (R&D) activities to identify its diverse usage, are creating a positive outlook for the market.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global nano copper oxide market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and end user.
Breakup by Type:
Breakup by End User:
- Electricals and Electronics
- Paints and Coatings
- Energy Storage
Breakup by Region:
- North America
- United States
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
Key Questions Answered in This Report:
- How has the global nano copper oxide market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global nano copper oxide market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the end user?
- 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 nano copper oxide market and who are the key players?
- What is the degree of competition in the industry?
For more information about this report visit https://www.researchandmarkets.com/r/evfv5mContacts
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First published on Thu, Dec 29, 2022
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