The global nano metal powder market is expanding globally as the 3D printing industry is gaining prominence. The global nano metal powder market was worth US$280 mn in 2018 and the report suggests that the market will reach US$480 mn by 2025 at a robust CAGR of 8.1%.
The team of QY Research analysts has published a detailed report of the market, titled “Global Nano Metal Powder Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application.”
Global Nano Metal Powder Market: Drivers
The market is largely driven by the 3D printing industry and other chemical industries. The nano metal powder has increased in demand as the manufacturing technology of the high-tech electronic equipment has improved. Such improvements are hinting towards growth the global nano metal powder market.
Global Nano Metal Powder Market: Segment Analysis
The global nano metal powder market is segmented on the basis of type and application. In terms of type, the market is segmented into copper powder, aluminum powder, silver powder, nickel powder, and others. In terms of application, the market is segmented as consumer electronics, catalyst industry, and surface coating material. The nano metal powder is predominantly used in consumer electronics. Thus, growing production electronic items will boost this segment.
Global Nano Metal Powder Market: Regional Analysis
On the basis of region, the global nano metal powder market is segmented into Latin America, North America, Asia Pacific, Europe, and the Middle East and Africa. North America and Europe are expected to lead the global nano metal powder due to ongoing technological advancements and growing adoption of 3D printing. In Asia Pacific region, Japan is expected to drive the market for more advanced nano metal powder.
Global Nano Metal Powder Market: The Key Players
The key players studied in the global nano metal powder market are AMES, DOWA, Advanced Nano Products, Novacentrix, Fukuda, Miyou Group, Hongwu Material, CVMR Corporation, Jiaozuo Banlv, American Elements, Beijing Dk, and Shanghai ChaoWei.
The global nano metal powder market is not very concentrated one. To maintain position, Hongwu Material is focussing on product diversification by experimenting with different nano metal powders. For example titanium carbide nanoparticles has been proved to be useful in automotive manufacturing and other fields as it makes parts lighter, more energy efficient, and remains firm.
Full Report Overview@ https://www.qyresearch.com/index/detail/1076288/global-nano-metal-powder-market