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India Nano Silver Market Size, Share, Trends, Growth, Report: By Method of Synthesis: Physical, Biological, Chemical Reduction; By End Use: Electronics, Pharmaceutical, Food and Beverages, Personal Care and Cosmetics, Water Treatment, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
India Nano Silver Market Outlook
The India nano silver market size reached approximately USD 108.23 million in 2023. The market is projected to grow at a CAGR of 18% between 2024 and 2032, reaching a value of around USD 491.72 million by 2032.
Key Trends in the Market
Nano silver refers to silver particles that are extremely small in size, typically in the nanometre range, which is one billionth of a meter. Silver has long been known for its antimicrobial properties, meaning it can inhibit the growth of bacteria, fungi, and other microorganisms. In the case of nanosilver, the high surface area to volume ratio, which is the result of the particle’s small size, enhances its antimicrobial effectiveness while lending it other beneficial properties.
- The increasing medical applications of silver nanoparticles owing to their antimicrobial and anticancer properties support the India nano silver market demand. The unique physicochemical properties of nano silver makes it one of the most attractive nanomaterials in biomedicine. The small size of these particles allows them to interact more effectively with microbial organisms, making them a valuable material in applications, including wound repair, dental material filling, and bioimaging.
- Nano silver is being studied for its potential use in solar cells, sensors, and catalysts. As India continues to invest in clean energy initiatives, the demand for nano silver in these applications may see growth, contributing to both environmental sustainability and technological advancement. The rising emphasis on renewable energy and sustainable technologies is thus expected to propel the India nano silver market growth in the coming years.
- Owing to the excellent conductivity and stability of nano silver, it is extensively used in conductive inks and paint for printed electronics, touchscreens, and flexible electronics. The increasing demand for innovative electronic products is one of the major India nano silver market trends, expected to impact the market growth trajectory.
Market Segmentation
Based on the method of synthesis, the market can be segmented into physical, biological, and chemical reduction. The India nano silver market segmentation, based on end-use, includes electronics, pharmaceuticals, food and beverages, personal care and cosmetics, and water treatment, among others. The major regional markets for nano silver in India are North India, East and Central India, West India, and South India.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the India nano silver market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- Merelex Corporation (American Elements)
- Otto chemie Pvt. Ltd.
- Filo Lifesciences Pvt. Ltd.
- Nano Labs
- Nanoshel LLC
- Saveer Matrix Nano Pvt. Ltd.
- Ultrananotech Private Limited
- Indian Platinum Pvt. Ltd.
- Nano Research Elements
- Others
Market Share by Method of Synthesis
The chemical reduction method for synthesising nano silver involves a chemical reaction that reduces silver ions into silver nanoparticles. Typically, a silver salt, like silver nitrate, is dissolved in a solvent, and a reducing agent is added.
According to the India nano silver market analysis, the chemical reduction method is likely to find extensive application owing to the simple procedure and high yield of nanoparticles. Additionally, this method offers versatility in tailoring the properties of nano silver for various applications by modifying the reaction conditions or using different stabilising agents.
Market Share by End-Use
The increasing application of nano silver in water treatment due to its effective antimicrobial properties is expected to substantially enhance the India nano silver market share in the coming years. Nanosilver, once added to water, works effectively against various microorganisms such as bacteria, viruses, and fungi. This facilitates the purification of water, making it safer for drinking or other purposes.
Moreover, nano silver treatment does not alter the taste, colour, or odour of water, making it more appealing for consumption. It also has a long-lasting effect compared to some conventional disinfection methods, helping maintain water quality over extended periods.
Competitive Landscape
Merelex Corporation (American Elements) stands as a leading player in the field of materials science and chemical engineering. Renowned for its expertise in manufacturing and supplying advanced materials, the corporation specialises in producing and distributing a wide array of high-purity materials, including metals, alloys, and compounds, among others.
Nanoshel LLC is a nanotechnology company, specialising in the production and distribution of high-quality nanomaterials. The company has developed a wide range of products including single-wall carbon nanotubes, multi-wall carbon nanotubes, COOH-functionalised carbon nanotubes and OH-functionalised carbon nanotubes.
Ultrananotech Private Limited is one of the leading companies in the nanotechnology field, based in India. It specialises in the design, production, and distribution of high-quality nanomaterials. With a strong focus on cutting-edge research and development, the company offers innovative nano-based solutions catering to diverse industries such as healthcare, electronics, energy, and materials science.
Other key players in the India nano silver market are Otto chemie Pvt. Ltd., Filo Lifesciences Pvt. Ltd., Nano Labs, Saveer Matrix Nano Pvt. Ltd., Indian Platinum Pvt. Ltd., and Nano Research Elements, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Method of Synthesis |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Nano Silver Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Nano Silver Historical Market (2018-2023)
8.3 Asia Pacific Nano Silver Market Forecast (2024-2032)
8.4 Asia Pacific Nano Silver Market Share by Country
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 ASEAN
8.4.5 Australia
8.4.6 Others
9 India Nano Silver Market Overview
9.1 Key Industry Highlights
9.2 India Nano Silver Historical Market (2018-2023)
9.3 India Nano Silver Market Forecast (2024-2032)
10 India Nano Silver Market by Method of Synthesis
10.1 Physical
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Biological
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Chemical Reduction
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 India Nano Silver Market by End Use
11.1 Electronics
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Pharmaceutical
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Food and Beverages
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Personal Care and Cosmetics
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Water Treatment
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 India Nano Silver Market by Region
12.1 North India
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 East and Central India
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 West India
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 South India
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Merelex Corporation (American Elements)
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Otto chemie Pvt. Ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Filo Lifesciences Pvt. Ltd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Nano Labs
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Nanoshel LLC
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Saveer Matrix Nano Pvt. Ltd.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Ultrananotech Private Limited
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Indian Platinum Pvt. Ltd.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Nano Research Elements
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Nano Silver Market: Key Industry Highlights, 2018 and 2032
2. India Nano Silver Market: Key Industry Highlights, 2018 and 2032
3. India Nano Silver Historical Market: Breakup by Method of Synthesis (USD Million), 2018-2023
4. India Nano Silver Market Forecast: Breakup by Method of Synthesis (USD Million), 2024-2032
5. India Nano Silver Historical Market: Breakup by End Use (USD Million), 2018-2023
6. India Nano Silver Market Forecast: Breakup by End Use (USD Million), 2024-2032
7. India Nano Silver Historical Market: Breakup by Region (USD Million), 2018-2023
8. India Nano Silver Market Forecast: Breakup by Region (USD Million), 2024-2032
9. India Nano Silver Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 108.23 million.
The market is projected to grow at a CAGR of 18% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 491.72 million by 2032.
The market is driven by the increasing use of nano silver owing to its antimicrobial properties, especially in the medical sector.
The potential applications of nano silver in the renewable energy sector with an emphasis on sustainable technologies are expected to guide the market growth in the coming years.
The major regional markets are North India, East and Central India, West India, and South India.
The different end-uses are electronics, pharmaceuticals, food and beverages, personal care and cosmetics, and water treatment, among others.
The key players in the market include Merelex Corporation (American Elements), Otto chemie Pvt. Ltd., Filo Lifesciences Pvt. Ltd., Nano Labs, Nanoshel LLC, Saveer Matrix Nano Pvt. Ltd., Ultrananotech Private Limited, Indian Platinum Pvt. Ltd., and Nano Research Elements, among others.
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