Colloidal Metal Particles Market worth US$24.0 billion by 2027 at a growth rate of 7.7% - IndustryARC

Colloidal Metal Particles Market

Market Research Reports, Business Consulting Services & Analytics

Growing catalysis application in the chemical sector is experiencing major growth in the Colloidal Metal Particles Market.

HYDERABAD, TELANGANA, INDIA, January 20, 2023 / -- IndustryARC, in its latest report, predicts that Colloidal Metal Particles Market size is estimated to reach US$24.0 billion by 2027 after growing at a CAGR of around 7.7% from 2022 to 2027. The colloidal metal particles are particles in stable diffusion and are available in a range of 1-100nm. The colloidal metal particles have growing usage in the adsorbent, catalysis and photocatalysis process in the chemical sector, along with increasing use in the dietary supplements and drug delivery applications. The colloidal metal particles have improved surface area per particle, thereby boosting the efficiency of the catalysts in the chemical industry. The high demand of colloidal metal particles for healthcare and biomedical utilities is creating a drive in the market. Moreover, the growing application in skin care, nutraceuticals, and others is boosting the growth of the colloidal metal particles industry during the forecast period. The report offers a complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.

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Key takeaways:

This IndustryARC report on the Colloidal Metal Particles Market highlights the following areas -

1. The colloidal metal particles market size will grow due to its growing application in the photocatalysts and catalyst activities in chemical sector, adsorbent, drug delivery system, skin care, and others during the forecast period.

2. The Asia Pacific region held the largest market share in the colloidal metal particles industry due to growing manufacturing base for colloidal metal particles, along with high demand across industries such as medical, chemical, cosmetics, and others.

3. The demand for the gold particles is high in the market due to its flourishing usage in skin care, drug delivery mechanism, and diagnosis activities.

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Segmental Analysis:

1. The gold segment accounted for the largest share in the colloidal metal particles market and is expected to grow with a CAGR of around 6.9% during the forecast period. The high demand of gold colloidal nanoparticles in medical, skin care, disease diagnosis, and others is leading to growth in the market.

2. Asia Pacific segment is the fastest-growing region in the colloidal metal particles market and is projected to grow with a CAGR of 8.5% during the forecast period.

3. According to the Center for Medicare & Medicaid Services, the national health expenditure grew by 9.7% to USD 4.1 trillion in 2020, accounting for 19.7% of the GDP in the United States.

Competitive Landscape:

The top 5 players in the Colloidal Metal Particles Industry are -

1. Purest Colloids, Inc.
2. Nouryon
3. IMRA America, Inc.
4. SunForce Health & Organics Inc.
5. BBI Solutions

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A. Precious Metal Catalysts Market

B. Nano-Metal Oxides Market

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