Sep 24 2015
Global demand for nanomaterial in 2014 was $3.4 Billion. Health Care and electronics are the key markets for the nanomaterials. At present of the electronics sector constitutes of 36% and healthcare consists of 35% of the total nanomaterial demand.
The demand for zinc-oxide continues to grow because of its use in sunscreens and sun protection cosmetics. The demand of metal oxides in skin care market sector is about 2000 tons. Other applications of zinc-oxide are:- in breakfast cereals, ceramic industry, additive in concrete, coatings industry, rubber and cigarettes.
The major application of titanium dioxide is in paints, plastics and papers. A total of 180 products have been presented to the global market by 32 global productive organizations in 2014.
The applications of iron-oxide nanomaterials in various fields is increasing. Health Care and electronics are the key markets for the nanomaterials. Other applications of iron-oxide is in magnetic storage devices, nanowires, nanofibers, textiles, plastics, magnetic storage devices and in drugs. Nano-silica is increasingly replacing micro-silica in the cement industry.
The major producers of these nano-metal oxides are Dupont, NanoE, Silco International, Surrey nanosystems, Diamond-Fusion International, DA nanomaterials, SkySpring Nanomaterials, Duke Scientific, Baikowski, ABC Nanotech, AMAG Pharmaceuticals, Chengyin Technology, Nanoamor, Polyscience.
DRIVERS:-
One of the major drivers of this market is the growing demand for personal-care items. Moreover application of these materials in aircraft, paintings & coatings, construction and water treatment industry is increasing. Another major driver is the increasing research activities in this field to produce cheaper and large quantities of nanomaterials.
CHALLENGES:-
One of the major challenge is the lack of proper knowledge on their impact on human beings. At present processing of these materials involve high costs. Stringent environmental regulations being laid out by various countries of late is also a challenge.
WHAT THIS REPORT CONTAINS:
Lastly, the report is divided by geography - North America, Europe, the Asia-Pacific (APAC), South America and Middle-East & Africa (MEA); where-in the market share of each region is analyzed and estimates are provided for the next 6 years. The various applications of Nano-metal oxides have been discussed in detail in addition to a comprehensive overview of the market.
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