Silver Nanowire Market Forecasts show 27.5% CAGR & USD 1.5 bn Value by 2025: Global Market Insights, Inc.

The silver nanowires market share from conductive application segment will cross USD 200 million by the end of 2025 owing to recent discoveries and innovation in technology, which helps replace the use of conventional ITO electrodes in touchscreen and smartphones with silver nanowire.

Selbyville, Delaware, July 25, 2019 (GLOBE NEWSWIRE) --

A 2019 silver nanowire market report by Global Market Insights, Inc. shows industry revenue is set to rise from USD 290 million in 2018 to around USD 1.5 billion by 2025. Silver nanowire products are nanostructures of silver with diameter of 10-9 m and imparts electrical, optical and thermal properties. It can be synthesized using polyol method, template method, rapid synthesis, and electroless deposition. It is utilized in wide variety of products from biological sensors and photovoltaics. Properties of silver nanowires including efficiently absorbing and scattering light makes these products suitable for medical imaging devices, thereby driving market size.

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Based on size of silver nanowire, this market research covers 30nm, 40nm, 60nm and 80nm sizes. The share of 30nm silver nanowires market is estimated to exceed USD 900 million during the projection timeframe. Properties of nanowires based TCF’s usually depend on overall network morphology and nanowires structure in terms of diameter, length and aspect ratios. Lesser diameter of the product is likely to enable high transparency, low sheet resistance and low haze supported with superior mechanical strength and compliance of silver.

Browse key industry insights spread 350 pages with 422 market data tables & 15 figures & charts from the report, “Silver Nanowires Market Size, By Size (Silver Nanowires 30nm, 40, 60nm, 80nm), By Application (Optical[Solar, Medical Imaging, Surface Enhanced Spectroscopy, Optical Limiters], Conductive[High-Intensity LEDs, Touch Screens, Conductive Adhesives Sensors], Anti-Microbial[ Air & Water Purification, Bandages, Films, Food Preservation, Clothing], Chemical & Thermal[Catalysts, Pastes, Conductive Adhesives‚ Polymers, Chemical Vapor Sensors), Regional Outlook U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, China, India, Japan, South Korea, Thailand, Malaysia, Australia, Brazil, Saudi Arabia, South Africa, UAE), Price Trend, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:

Optical application may observe gains of over 28.5% in the estimated timeline. The products are widely utilized to efficiently harvest light as well as for improved optical spectroscopies including surface enhanced Raman scattering (SERS) and metal-enhanced fluorescence (MEF). Rise in global spectroscopy market on account of its growing applications in bio-life sciences and pharmaceutical for determining elemental composition of materials may trigger optical industry growth, thereby driving product demand.

By application, this silver nanowire market report covers:

  • Optical Applications – talking about Solar, Medical Imaging, Surface Enhanced Spectroscopy & Optical Limiters
  • Conductive Applications – analyzing High-Intensity LEDs, Touch Screens, Conductive Adhesives & Sensors
  • Anti-Microbial Applications – covering Air & Water Purification, Bandages, Films, Food Preservation & Clothing
  • Chemical & Thermal Applications – including Catalysts, Pastes, Conductive Adhesives‚ Polymers & Chemical Vapor Sensors

Silver nanowires market from chemical vapor sensors application may witness gains of 19.5% in forecast timeline. The product due to its flexibility, light weight and very conductivity is utilized in manufacturing chemical vapor sensors, thereby driving product demand in anticipated timeline.

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Key players in the industry include Sigma-Aldrich, Nanowerk, LLC, Johnson Mathey Plc, RAS AG Material Technologies, Showa Denko K.K., NanoTech Labs Inc, TPK, Conductive Compounds, Inc., C3Nano, Hefei Vigon Material Technology, Nanopyxis. Companies are majorly focusing on innovation and increasing production capacities to cater worldwide silver nanowire market demand. Manufacturers are extensively investing in new production techniques to produce sustainably. Strategic initiatives along with competitive pricing may support growth in industry share over estimated timeframe. 

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About Global Market Insights 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


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