Global Nano Metal Powder market will reach 480 million US$ by the end of 2025
Published Date: 2019/5/21
A nano powder is an extremely fine powder produced on the nano scale for applications in industry and research.
In the coming years there is an increasing demand for nano metal powder in the regions of North America, Europe and Japan that is expected to drive the market for more advanced nano metal powder. Increasing of industrial used fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of nano metal powder of APAC will drive growth of the market.
Globally, the nano metal powder industry market is not very concentrated as the manufacturing technology of nano metal powder is relatively matures than some high-tech equipment. And some enterprises, like Shoei Chemical Inc, Heraeus and Ningbo Guangbo etc. are well-known for the wonderful performance of their nano metal powder and related services. At the same time, Europe, occupied 25.03% revenue market share in 2017, is remarkable in the global nano metal powder industry because of their market share and technology status of nano metal powder.
The consumption volume of nano metal powder is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of nano metal powder industry may not keep that fast. But it is surely forecasted that the market of nano metal powder is still promising.
The global Nano Metal Powder market was 280 million US$ in 2018 and is expected to 480 million US$ by the end of 2025, growing at a CAGR of 8.1% between 2019 and 2025.
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