The global nano metal oxide market size is expected to reach USD 12.93 billion by 2030, registering a CAGR of 9.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is expected to positively influenced by investments in the biomedical, personal care, and electronics sector.
Nano metal oxides are complex chemical compounds which possess the potential to be extensively in the electronics, energy, defense, and paints & coatings sector. NMO’s are manufactured from metal oxides using a different process, the most common one being the sol-gel process.
NMO’s are utilized in the production of cement, inks, plastics, and rubbers. It is also used as a catalyst and stabilizer for the chemical manufacturing industry. Pharmaceutical and diagnostic companies are continuously investing in research & development operations to introduce advanced solutions for the treatment of various diseases. Nanoparticles play a significant role in drug delivery systems and clinical diagnosis.
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Silicon dioxide dominated the market with a share of 36.1% in 2023 owing to its extensive usage in the manufacture of plastics, paints, batteries, glass, and rubber to enhance durability, scratch resistance, and UV protection.
Zinc oxide is expected to witness considerable growth during the forecast period due to its extensive use in the cosmetics and personal care industry.
Electronics & optics accounted for the dominant market share in 2023 owing to the increasing demand for advanced electronic devices.
The medical and personal care segment is expected to grow at a CAGR of 9.9% during the forecast period due to the increased demand for advanced medical treatments and diagnostics.
The nano metal oxide market in North America dominated the global market with 39.1% share in 2023 primarily due to the increasing demand for high-performance electronics such as smartphones, tablets, and wearable technology.
Grand View Research has segmented the global nano metal oxide market on the basis of on product, application, and region:
Nano Metal Oxide Product Material Outlook (Revenue, USD Million, Volume in Kilotons, 2018 - 2030)
Aluminum oxide
Iron oxide
Titanium dioxide
Silicon dioxide
Zinc oxide
Others
Nano Metal Oxide Application Material Outlook (Revenue, USD Million, Volume in Kilotons, 2018 - 2030)
Electronics & optics
Medical & personal care
Paints & coatings
Energy & environment
Others
Nano Metal Oxide Regional Outlook (Revenue, USD Million, Volume in Kilotons, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Asia Pacific
China
Japan
India
South Korea
Latin America
Brazil
Middle East and Africa (MEA)
List of Key Players in the Nano Metal Oxide Market
Nanophase Technologies Corporation
American Elements
SkySpring Nanomaterials Inc.
Panasonic Life Solutions India Pvt. Ltd.
ABC NANOTECH CO., LTD.
Baikowski SAS
Intelligent Materials Private Limited
Nanostructured & Amorphous Materials, Inc.
Resonac Holdings Corporation
Hongwu International Group Ltd.
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