Nano Metal Oxide Market Size, Share & Trends Analysis Report By Product (Aluminum Oxide, Iron Oxide, Titanium Dioxide, Silicon Dioxide, Zinc Oxide) By Applications (Electronics, Personal Care, Paints & Coatings), And Segment Forecasts, 2018 - 2025

Industry Insights

The global nano metal oxide market size was estimated at USD 4.2 billion in 2016. Advancement in life sciences and extensive research conducted in the biomedical sector are expected to drive demand. Rising consumption of personal and skincare products is also projected to impact demand positively.

NMO’s represent an unexplored field of material chemistry which attracts considerable interest due to its potential technological applications. Employment of these materials is expected to bring about a significant advancement in the area of medicine, information & technology, catalysis, energy storage, and electronic devices. Products fabricated using nanoparticles (NP) are making significant progress both in terms of commercialization and breakthroughs in research & development.

U.S. nano metal oxide market by product, 2014 - 2025 (USD Million)

The medical industry is anticipated to benefit from the complexities of structures that these compounds withhold. Recent advancement in the medical and life science front include drug delivery systems, gas sensors, and increased accuracy in medical diagnosis. Accurate diagnosis is one of the most important step in the formulation of treatments.

Metal oxide NP’s is one of the major topic researched over the past few years. Governments as well as companies are investing extensively in research & development activities to recognize and commercialize the use of NP’s in several products. Nanotechnology is used in the clinical diagnostics, diagnostic imaging, and electro diagnostics. Iron oxide enhances the images of MRI as it binds to the tumor cells owing to its magnetic property.

Product Insights

Silicon dioxide occupied the largest share in 2015, extensive usage of SiO2 in the manufacture of paints, plastics, battery, cosmetics, glass, and rubber is expected to augment growth. Silicon dioxide is also utilized in biomedical applications as a drug carrier and as an integral part of electronic devices.

Silicon dioxide is an essential element in the optical, construction, and glass industry. Quartz glasses are utilized for fabricating lenses and other optical constituents for high temperature resilient equipment. Silicon dioxide is anticipated to gain high traction in the tire manufacturing sector on account of increasing production of automobiles.

Titanium dioxide is used extensively in high-factor sun protection lotions, wood preservatives, and textile fibers. The product's protective nature against UV radiations coupled with its capability of killing bacteria are some of the prime reasons it is preferred as an ingredient in the manufacture of sunscreens and other personal care products.

Biomedical NP’s such as iron oxides, gold, silver, platinum, and zinc oxide are used in medical solutions. NMO’s are used in the healthcare industry for drug delivery, vitro & vivo diagnostics, production of biocompatible materials, and nutraceuticals.

Application Insights

NP’s of metal oxide have gained acceptance in the personal care, electronics, medical, optics, energy storage, and paint & coatings industry. NMO’s show elements of oxide diversion which eases the processes of chemical fabricating. Owing to the compounds physiological structures, they are used in electronic components as it easefully exhibits metallic, semiconductor or insulation characteristics. These oxides are used in fabricating piezoelectric devices, fuel cells, and coatings. NMO’s are used for prevention of corrosion and quite rampantly as a catalyst.

Global nano metal oxide market by application, 2016 (%)

The optical fiber industry is projected to grow at a high CAGR over the coming years. Optical fibers find applications in the telecommunication, fiber lasers, sensors, etc. Sensing coating made using NP’s helps increase the sensor's response time and sensitivity. Zinc oxide is widely used in the cosmetics and industrial coating sector to protect plastic, textiles, and wood from UV rays.

Revolutionary advancements in life sciences and pharmaceutical solutions coupled with rising consumption of cosmetics and personal care products are expected to foster the growth of nano metal oxide market. The increasing spending on advanced medical treatment coupled with the development of patient-centric treatment models is projected to boost investment in life sciences.

Personal care products are experiencing a sharp rise in terms of sales and content modification. Products such as sunscreen, moisturizers, and makeup essentials use titanium dioxide, aluminum, and zinc oxide. NP’s enhance efficiency, texture, transparency, and protects active ingredients present in cosmetics.

The growing usage of NMO’s by research organizations and other establishments to increase the products application scope is projected to boost growth. Lead, titanium, molybdenum, and iron oxides are used extensively for research on producing environmentally friendly fuel.

Nanostructured catalysts are expected to gain preference in the chemical sector as it replaces precious metal catalyst by nanoscale catalyst; this improves chemical reactivity and reduces operating cost. NMO’s derive a lot of their primary demand from the electronic, pharmaceutical, personal care, energy, paints & coating, and medical sector. Heavy metal content sludge is one of the most serious environmental problems. NP’s are widely used in the wastewater treatments as it absorbs heavy metals.

Regional Insights

Asia Pacific is projected to grow at the highest CAGR and accounted for more than 30% of the global revenue in 2016. Emerging economies such as South Korea, India, China, and Indonesia are projected to witness strong economic growth over 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 is anticipated to augment demand for nanostructured materials across the world. Massive investments undertaken in developing biomedical engineering in North America is expected to increase preference for nanostructured oxides.

Stringent regulations in North America and Europe are projected to hinder growth in these regions. Regulatory authorities such as the Food and Drugs Administration, the U.S. Environmental Protection Agency, and the Health and Consumer Protection Directorate are investigating the potentially harmful impacts of NP’s on the environment and human health.

Nano Metal Oxide Market Share Insights

Companies are expected to invest huge amounts in research & development activities. Collaborations are also scheduled to emerge as one of the strategic initiative used by companies engaged in new product development. Capacity expansion and new product launches are prevalent in the industry.

Some of the companies involved in the development of this market include Sigma-Aldrich Corporation, US Research Nanomaterials Inc., EPRUI Nanoparticles & Microsphere, Nanophase Technologies Corporation, Nanoshel LLC, SkySpring Nanomaterials Inc., and Baikowski SAS among others.

In September 2014, Nanophase Technologies Corporation announced the inauguration of a polishing laboratory, which caters to a variety of optical and precision surface finishing applications. The company is engaged in the development of new nanostructured products for various end-uses.

Report Scope

Segments covered in the report

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global nano metal oxide market on the basis of product, application, and region:

• Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

  • Aluminum oxide

  • Iron oxide

  • Titanium dioxide

  • Silicon dioxide

  • Zinc oxide

  • Others

• Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

  • Electronics & optics

  • Medical & personal care

  • Paints & coatings

  • Energy & environment

  • Others

• Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

  • North America

    • The U.S.

  • Europe

    • Germany

    • UK

    • France

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

  • Central & South America

  • Middle East & Africa