Global Nano-Metal Oxides Market - Segmented by Product type, End-user Industry, and Geography - Growth, Trends, and Forecast (2022 - 2030)
The global nano-metal oxides market is expected to grow at a significant rate during the forecast period, majorly driven by increasing usage of fuel additives. Nano metal oxides are complex chemical compounds, which possess the potential to be extensively in the electronics, energy, defense, and paints & coatings sector.
Increasing Use in Fuel Additives Driving the Market
Transportation is one of the major sources of exhaust emission. The primary source, which contributes towards exhaust emissions, is Soot emission. This is caused by the incomplete combustion of fuel. To comply with the stringer emission standards employed across the world, the use of fuel additives in vehicles is increasing at rapid pace. Addition of fuel additives, aids in efficient combustion of fuel and reduce soot emissions.
Silica to Dominate the Market
Silica nanoparticles are small porous particles, which possess large surface area. Silica nanoparticles are used in paints and coatings to improve the degree of finish, increase the scrub, and stain resistance, cut short the time of drying, and provide protection from UV rays. They are also used in plastics and can significantly improve the toughness, strength, wear, and ageing resistance of plastics.
Asia-Pacific to Dominate the Market
Asia Pacific is projected to grow at the highest CAGR and accounted for more than 30% of the global revenue in 2017. Emerging economies, such as South Korea, India, China, and Indonesia are projected to witness strong economic growth in the coming years. Increasing population and standard of living are expected to boost the purchase of electronics, cosmetics, and technologically advanced medical solutions in the region. Growing production of automobiles and investments in aerospace & defense are anticipated to augment demand for nanostructured materials in the region during the forecast period.
Notable Developments
June 2017: Nanophase Technologies Corp. established development, manufacturing and distribution agreements with Eminess Technologies, Inc.
Major Players: Nanoshel LLC, NanoPhase, American Elements, EPRUI and Diamon-Fusion International., amongst others.
Reason to Purchase this Report
To understand the impact of various product type on the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To understand the dominating product type and end-user industry in the market
Countries expected to witness the fastest growth during the forecast period
Identifying the latest developments, market shares and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet in excel
Customization of the Report
This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs
Increasing Use in Fuel Additives Driving the Market
Transportation is one of the major sources of exhaust emission. The primary source, which contributes towards exhaust emissions, is Soot emission. This is caused by the incomplete combustion of fuel. To comply with the stringer emission standards employed across the world, the use of fuel additives in vehicles is increasing at rapid pace. Addition of fuel additives, aids in efficient combustion of fuel and reduce soot emissions.
Silica to Dominate the Market
Silica nanoparticles are small porous particles, which possess large surface area. Silica nanoparticles are used in paints and coatings to improve the degree of finish, increase the scrub, and stain resistance, cut short the time of drying, and provide protection from UV rays. They are also used in plastics and can significantly improve the toughness, strength, wear, and ageing resistance of plastics.
Asia-Pacific to Dominate the Market
Asia Pacific is projected to grow at the highest CAGR and accounted for more than 30% of the global revenue in 2017. Emerging economies, such as South Korea, India, China, and Indonesia are projected to witness strong economic growth in the coming years. Increasing population and standard of living are expected to boost the purchase of electronics, cosmetics, and technologically advanced medical solutions in the region. Growing production of automobiles and investments in aerospace & defense are anticipated to augment demand for nanostructured materials in the region during the forecast period.
Notable Developments
June 2017: Nanophase Technologies Corp. established development, manufacturing and distribution agreements with Eminess Technologies, Inc.
Major Players: Nanoshel LLC, NanoPhase, American Elements, EPRUI and Diamon-Fusion International., amongst others.
Reason to Purchase this Report
To understand the impact of various product type on the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To understand the dominating product type and end-user industry in the market
Countries expected to witness the fastest growth during the forecast period
Identifying the latest developments, market shares and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet in excel
Customization of the Report
This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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