Nano Copper Oxide Market to Grow at 23.70% CAGR During 2022-2027 | Industry Size, Share, Forecast and Report
IMARC Group has recently released a new research study titled “Nano Copper Oxide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of the nano copper oxide market industry?
The global nano copper oxide market size reached US$ 122.77 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 486.62 Million by 2027, exhibiting a growth rate (CAGR) of 23.70% during 2022-2027.
What is a Nano Copper Oxide Market?
Nano copper oxide (CuO) nanoparticles are synthesized via an aqueous precipitation technique. It involves the use of various precursors, such as copper chloride (CuCl2), copper nitrate (Cu(NO3)2), and sodium hydroxide (NaOH), as stabilizing agents.
Nano copper oxide is stable, cost-effective, and comprises photovoltaic, antimicrobial, superconductivity, and other chemical and physical properties that provide strength, ductility, and high electrical conductivity. As a result, this nanoparticle finds widespread applications in microelectronics, batteries, gas, semiconductor devices, textiles, agriculture, and biomedical tools across the globe.
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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What are the major market drivers in the nano copper oxide market industry?
The escalating demand for these nanoparticles in several consumer electronic products, including smartphones, laptops, and desktops, to formulate batteries, ensure proper electricity flow, and enhance overall gadget performance is primarily driving the nano copper oxide market. Besides this, the elevating product requirement for various biomedical applications in the healthcare sector for the treatment of hospital-acquired disease and microbial pathogens is further augmenting the market growth.
Moreover, the development of conductive copper oxide nanoparticle-based ink and its usage as a critical component in three-dimensional (3D) printing systems, additive manufacturing, and thin film deposition is also catalyzing the global market. Apart from this, several technological advancements to optimize production procedures are acting as significant growth-inducing factors.
Furthermore, the growing product popularity across various industrial verticals, owing to its beneficial properties and extensive research and development (R&D) activities to identify its diverse usage, are anticipated to bolster the nano copper oxide market over the forecasted period.
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Nano
Copper Oxide Market Report Scope |
|
Report Coverage |
Details |
Market size value in 2021 |
US$ 122.77
Million |
Market forecast in 2027 |
US$ 486.62
Million |
Growth Rate |
CAGR of 23.70% from 2022 to 2027 |
Base year for estimation |
2021 |
Historical data |
2016-2021 |
Forecast period |
2022-2027 |
Report coverage |
Revenue
forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered |
Type
and End user |
Regional scope |
North America, Europe, Asia-Pacific,
Latin America, Middle East and Africa |
Key companies profiled |
American Elements, Hongwu
International Group Ltd, Inframat Corporation, Nanoshel, Nanostructured &
Amorphous Materials Inc., PlasmaChem GmbH, SkySpring Nanomaterials Inc. and
US Research Nanomaterials Inc. |
Market Dynamics |
Parent market analysis, Market growth
inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID
19 impact and future consumer dynamics, market condition analysis for
forecast period, |
Customization preview |
If our report has not included the
data that you are looking for, you can reach out to our analysts and get
segments customized. |
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
• Powdered
• Dispersed
Breakup by End User:
• Electricals and Electronics
• Paints and Coatings
• Catalysts
• Energy Storage
• Others
By Geography:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
List of Major Key Players:
The major players in the market are
• American Elements
• Hongwu International Group Ltd
• Inframat Corporation
• Nanoshel
• Nanostructured & Amorphous Materials Inc.
• PlasmaChem GmbH
• SkySpring Nanomaterials Inc.
• US Research Nanomaterials Inc.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.
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