Gold Nanoparticles Industry Worth .99 Billion By 2020Posted by Marsh William on February 6th, 2018 Global Gold Nanoparticles Market Size is expected to reach 4.99 billion by 2020, witnessing gains at a CAGR of 24.7%. Positive outlook towards the increasing applications of nanotechnology in medical and dentistry such as drug delivery systems, nanomedicines, therapeutics is expected to drive industry demand. Global nanoparticle demand in biotechnology, drug development and drug delivery is expected to exceed USD 90 billion by 2020, growing at CAGR of 17.1% from 2014 to 2020. With constant innovation and increasing demand for smaller, versatile and smarter devices the global electronics industry is expected to be one of the fastest growing gold nanoparticle markets. There has been a surge in demand for this technology, especially gold nanoparticle inks for storage devices, hard disks and microchips among others. These inks have also found applications in thin film transistors and photovoltaic, photo-sensors & detectors. Stringent regulations for nanomaterials specifications and use, along with fluctuating gold prices are expected to be key challenges for industry participants over the next six years. Browse Details of Report @ Like it? Share it! More by this author |