Dublin, Feb. 05, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/r9b24b/global_metal) has announced the addition of the "Global Metal Oxide Nanoparticles Market 2016-2020" report to their offering.
The global metal oxide nanoparticles market to grow at a CAGR of 9.5% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global metal oxide nanoparticles market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the global metal oxide nanoparticles market. The report also includes a discussion of the key vendors operating in this market.
Although these nanomaterials are widely used in the commercial and industrial sectors, many are produced for skin care products, as they provide protection from UV radiation. They are also used as a thickener or pigment in many personal care products, in the production of semiconductors and solar cells in the energy sector, and as a pigment in paints and coatings. As these nanomaterials can destroy some types of pollutants, they are used in selective catalytic reduction systems to reduce atmospheric nitrous emissions. Due to the number of applications in various segments, metal oxides accounted for the largest share of the total nanoparticles market in 2015.
Product innovation and emphasis on the development of advanced metal oxide nanoparticles-based products will also boost market growth. Vendors are investing and competing heavily in R&D, and continuous new applications can be seen in their pilot or development phases for example, the creation of advanced water filters.
According to the report, an increase in the demand for metal oxide nanomaterials from the electronics sector, especially for the production of miniature products, is one of the factors contributing to market growth.
Further, the report states that constraints in the production of metal oxide nanoparticles, resulting from the inability of producers to lower their operating costs, are impeding the market's growth.
The market is divided into the following segments based on type of metal oxide:
- Aluminum oxide
- Silicon dioxide
- Titanium dioxide
Key vendors
- US Research Nanomaterials
- Reinste
- NanoScale
- American Elements
- EPRUI Nanoparticles and Microspheres
Other prominent vendors
- Access Business Group
- Altairnano
For more information visit http://www.researchandmarkets.com/research/r9b24b/global_metal