Industry Forecast

Copper Oxide Nanomaterials Market by Application, Product Growth over 2017-2024

Press Release   •   Aug 30, 2017 05:29 EDT

The global Copper Oxide Nanomaterials Market share report provides numbers for applications and regional segments of the industry covering historical as well as forecast data for decision makers.

Global Copper Oxide Nanomaterials Market is set to experience considerable growth owing to increasing applications of metal and metal oxide nanoparticles, such as electrochemical & biosensors over the forecast period.

The properties of nanoparticles differ from bulk materials having same composition and can easily be altered by changing chemical environment, particle size and shape. These factors are expected to boost the copper oxide nanomaterials market size.

These are Cu based particle and have size range from 1 to 100 nanometres, that can be formed through natural processes as well as chemical synthesis. Increasing application scope in colour ceramics and glasses will propel copper oxide nanomaterials market.

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1. Copper Oxide Nanomaterials Market size & share forecast by product & application 2017-2024

2. Growth drivers, pitfalls & industry challenges

3. Key Copper Oxide Nanomaterials Market growth opportunities & emerging business models

4. Competitive benchmarking with market share analysis and company profiles

The differentiating factor of Copper Oxide Nanomaterials Market report by Global Market Insights, Inc. when compared with other, similar syndicated research studies includes a 360-degree synopsis of trends for a period of more than 10 years including historic information as well as future outlook.

At present, these are of two types namely, uncoated nano CuO and coated nano CuO. In the modern times, product synthesis can be done by reaction of copper chloride and sodium citrate at room temperature in aqueous solution of sodium formaldehyde sulfoxylate. This process produces pure nanoparticles and their sizes and shape can also be controlled as per the requirement.

Nanoparticles can also be synthesized through radical reaction between Cu hydrazine and carboxylate salt with heat or ultrasound. The characteristics of CuO nanoparticles differ from commercial one and display anti-fungal, anti-bacterial and catalytic behaviour that are unique. These particles possess high porosity and small size which results in increase of reaction yield and reducing the reaction time. In order to reduce environmental impact, green chemistry can be utilized to synthesize the nanoparticles.

The factors that affect copper oxide nanomaterials market are technology progress, substitute threat, customer preferences, and risks. Nanoparticles are toxic in nature and releases from end use industries are majorly responsible for polluting the water, thus posing threat to aquatic lives. The continuous reinforcement of customer base has led to intensified pressure on the price for manufacturers of the metals and may create challenges for the copper oxide nanomaterials market growth.

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Asia-Pacific has significant share with extensive application in conductive inks in copper oxide nanomaterials market.

China and Japan will account for a major share in electrical & electronics market owing to the increasing government funding & support and advancement in technology.

North America, led by the U.S. will account for moderate share in overall nanoparticles market. In 2017, the federal budget has allocated funds to National Nanotechnology Institute, a U.S. Government Research & Development initiative, which has boosted the market size.

Europe has decent share in copper oxide nanoparticles market, surge in production of nanoparticles has led to the fall in the prices in this region.

The key players of in the copper oxide nanomaterials market are Hongwu International, NaBond Technologies, Du Pont, Taiyo Ink, Nova Centrix, Placma Chem, Nanocomposix, and Sky Spring Nanoparticles. Du Pont is determined to increase its market capture through renewable, bio-engineered materials and integrated science. The copper oxide nanomaterials market is expected to witness collaboration between manufacturers and end users.

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