Global Nano Copper Powder Market 2017-2021
About Nano Copper Powder
Nano copper powder contains copper-based particles with size ranging from 1 nm to 1,000 nm. Due to its unique characteristics (superior electrical conductivities, thermal conductivities, high specific surface area, and bulk density), it is used in highly specialized applications. Nano copper exhibit unique characteristics, including catalytic and antimicrobial activity, which are rarely observed in micro grade copper. Nano copper also shows superior electrical conductivity, thermal conductivity, high specific surface area, and bulk density as compared with commercial copper.
Technavio’s analysts forecast the global Nano copper powder market to grow at a CAGR of 12.08% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global Nano copper powder market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Nano Copper Powder Market 2017-2021
Technavio recognizes the following companies as the key players in the global Nano copper powder market: American Elements, NanoAmor, QuantumSphere, Nanoshel, and Hongwu International Group.
Other Prominent Vendors in the market are: EPRUI Nanoparticles & Microspheres, Grafen, Inframat, Iolitec Ionic Liquids Technologies, Meliorum Technologies, Miyou Group, PlasmaChem, Reinste Nano Ventures, SkySpring Nanomaterials, and Strem Chemicals.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is nano copper for batteries and capacitors. Nano copper is one of the trending materials for electrodes in batteries, capacitors, and supercapacitors. In the battery segment, Li-ion batteries are the breakthrough and are dominating the segment over the past two decades. However, Li-ion batteries are only used in the portable electronics segment, and they have limitation to serve the large-scale energy storage segment.”
According to the report, one of the major drivers for this market is significant growth in conductive inks and coatings market. The conductive inks and coatings segment is the major consumer of nano copper. In 2016, the market size for conductive inks and coatings was $2.35 billion and is estimated to reach $3.86 billion by 2021. The growing conductive inks and coatings segment will be a key driver for the increasing consumption of nano copper powder during the coming years. The conductive inks and coatings segment offers a good scope for nano copper, and it could potentially be used in a wide range of products such as RFID, sensors and detectors, displays, photovoltaics, smart cards, touchscreens, EMI and radio frequency interference shielding, OLED displays, and lighting.
Further, the report states that one of the major factors hindering the growth of this market is Nano copper powder gets oxidized easily. Nano copper is immediately oxidized when exposed to air resulting in a decline in its dispersion performance. To protect nano copper from getting oxidized, it is stored in an inert medium. Oxidation of nano copper can also be prevented using protecting groups or capping agents, which are expensive and toxic in nature.
American Elements, NanoAmor, QuantumSphere, Nanoshel, Hongwu International Group, EPRUI Nanoparticles & Microspheres, Grafen, Inframat, Iolitec Ionic Liquids Technologies, Meliorum Technologies, Miyou Group, PlasmaChem, Reinste Nano Ventures, SkySpring Nanomaterials, and Strem Chemicals.
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