The global nano copper oxide market revenue was around US$ 42.25 million in 2022 and is estimated to reach US$ 85.1 million by 2031, growing at a compound annual growth rate (CAGR) of 8.1% during the forecast period from 2023 to 2031.
Nano copper oxide is a reddish or brownish-black nanoparticle that comes in several shapes depending on the application. It is a powder or in scattered form. It exhibits various chemical and physical characteristics, Including photovoltaic capabilities, superconductivity, cheap cost, stability, and antibacterial action.
Market Driving Factors
The surge in usage of metal oxide and metal nanoparticles in the semiconductor and electronics sectors is a main factor that fuels the market expansion. This is due to the demand for copper oxide nanoparticles in catalyst applications is expected to increase owing to their exceptional catalytic features. As a result, industries are surging their manufacturing of copper oxide nanoparticles.
A various set of applications to provide more possibilities in the market. Nanomaterials are extensively researched owing to their excellent properties and broad range of applications. As a result, the government aids by offering subsidies and funds to laboratories and businesses. In addition, the nanomaterial with the most suitable optical, catalytic, electrical, and mechanical properties is nano copper oxide. Moreover, other unique properties of nano copper oxide include photovoltaic and photoconductivity applications owing to the narrow bandgap. Batteries, semiconductors, microelectronics, gas sensors, heat transfer fluids, and solar energy converters are among the applications.
High toxicity may hamper the market expansion.
Regional Analysis
Asia-Pacific is estimated to dominate the market in terms of the largest shares. This is mainly owing to the surge in demand from the electronics & electrical and energy storage industries. In the paint & coatings business, nano copper oxide is utilized in ship antifouling paints. Thus, it also inhibits the microbe growth such as algae and fungi. Furthermore, the majority of industries utilized this biocide for preventive wood treatments.
Developments in the construction industry in South Korea and Japan increase the demand for paints and coatings and hence propel the market growth in the region. Moreover, copper nanoparticle ink is created utilizing nano copper oxide particles. Its development is a result of the product's rising usage in research and laboratories. There is an increase in demand in the electronics sector for copper oxide nanoparticle ink in South Korea and Japan. Therefore, this is expected to boost the market growth in the region.
Segmentation Insights
End User Insight
The electrical & electronics segment dominates the market in terms of the largest shares. This is mainly due to the nano copper oxide is mostly utilized in conductive coatings. In addition, extraordinary physio-chemical properties of nano copper oxide have surged their demand in a broad array of end-users due to the enhanced performance of end-products.
The paints and coatings segment dominates the market in terms of the growth rate. This is primarily due to the protective and sealing nature of the nano copper oxide-derived paints and coatings. In addition, due to their antimicrobial properties, nano copper oxide particles are utilized in the form of polymer coatings that are then blended with paints. Furthermore, they also enhance the efficacy and functionality of the paint owing to which the demand for nano copper oxide-based paints and coatings is growing in the automotive industry.
Prominent Companies
Segmentation Outline
The global nano copper oxide market segmentation focuses on the End User, and Region.
By End User
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL NANO COPPER OXIDE MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: NANO COPPER OXIDE MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL NANO COPPER OXIDE MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL NANO COPPER OXIDE MARKET, BY END USER
5.1 OVERVIEW
5.2 ENERGY STORAGE
5.3 PAINTS & COATINGS
5.4 CATALYSTS
5.5 ELECTRICALS AND ELECTRONICS
5.6 OTHERS
6 GLOBAL NANO COPPER OXIDE MARKET, BY GEOGRAPHY
6.1 OVERVIEW
6.2 NORTH AMERICA
6.2.1 NORTH AMERICA MARKET SNAPSHOT
6.2.2 U.S.
6.2.3 CANADA
6.2.4 MEXICO
6.3 EUROPE
6.3.1 EUROPE MARKET SNAPSHOT
6.3.2 WESTERN EUROPE
6.3.2.1 THE UK
6.3.2.2 GERMANY
6.3.2.3 FRANCE
6.3.2.4 ITALY
6.3.2.5 SPAIN
6.3.2.6 REST OF WESTERN EUROPE
6.3.3 EASTERN EUROPE
6.3.3.1 POLAND
6.3.3.2 RUSSIA
6.3.3.3 REST OF EASTERN EUROPE
6.4 ASIA PACIFIC
6.4.1 ASIA PACIFIC MARKET SNAPSHOT
6.4.2 CHINA
6.4.3 JAPAN
6.4.4 INDIA
6.4.5 AUSTRALIA & NEW ZEALAND
6.4.6 ASEAN
6.4.7 REST OF ASIA PACIFIC
6.5 MIDDLE EAST & AFRICA
6.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
6.5.2 UAE
6.5.3 SAUDI ARABIA
6.5.4 SOUTH AFRICA
6.5.5 REST OF MEA
6.6 SOUTH AMERICA
6.6.1 SOUTH AMERICA MARKET SNAPSHOT
6.6.2 BRAZIL
6.6.3 ARGENTINA
6.6.4 REST OF SOUTH AMERICA
7 GLOBAL NANO COPPER OXIDE MARKET COMPETITIVE LANDSCAPE
7.1 OVERVIEW
7.2 COMPANY MARKET RANKING
7.3 KEY DEVELOPMENT STRATEGIES
7.4 COMPETITIVE DASHBOARD
7.5 PRODUCT MAPPING
7.6 TOP PLAYER POSITIONING, 2022
7.7 COMPETITIVE HEATMAP
7.8 TOP WINNING STRATEGIES
8 COMPANY PROFILES
8.1 NANOCOMPOSIX INC
8.1.1 OVERVIEW
8.1.2 FINANCIAL PERFORMANCE
8.1.3 PRODUCT OUTLOOK
8.1.4 KEY DEVELOPMENTS
8.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.2 INFRAMAT CORPORATION
8.2.1 OVERVIEW
8.2.2 FINANCIAL PERFORMANCE
8.2.3 PRODUCT OUTLOOK
8.2.4 KEY DEVELOPMENTS
8.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.3 NANOSTRUCTURED & AMORPHOUS MATERIALS INC
8.3.1 OVERVIEW
8.3.2 FINANCIAL PERFORMANCE
8.3.3 PRODUCT OUTLOOK
8.3.4 KEY DEVELOPMENTS
8.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.4 SKYSPRING NANOMATERIALS INC
8.4.1 OVERVIEW
8.4.2 FINANCIAL PERFORMANCE
8.4.3 PRODUCT OUTLOOK
8.4.4 KEY DEVELOPMENTS
8.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.5 NABOND TECHNOLOGIES CO. LIMITED
8.5.1 OVERVIEW
8.5.2 FINANCIAL PERFORMANCE
8.5.3 PRODUCT OUTLOOK
8.5.4 KEY DEVELOPMENTS
8.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.6 NANOSHEL LLC
8.6.1 OVERVIEW
8.6.2 FINANCIAL PERFORMANCE
8.6.3 PRODUCT OUTLOOK
8.6.4 KEY DEVELOPMENTS
8.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.7 HONGWU INTERNATIONAL GROUP LTD
8.7.1 OVERVIEW
8.7.2 FINANCIAL PERFORMANCE
8.7.3 PRODUCT OUTLOOK
8.7.4 KEY DEVELOPMENTS
8.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.8 PLASMACHEM GMBH
8.8.1 OVERVIEW
8.8.2 FINANCIAL PERFORMANCE
8.8.3 PRODUCT OUTLOOK
8.8.4 KEY DEVELOPMENTS
8.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.9 AMERICAN ELEMENTS
8.9.1 OVERVIEW
8.9.2 FINANCIAL PERFORMANCE
8.9.3 PRODUCT OUTLOOK
8.9.4 KEY DEVELOPMENTS
8.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.10 US RESEARCH NANOMATERIALS INC.
8.10.1 OVERVIEW
8.10.2 FINANCIAL PERFORMANCE
8.10.3 PRODUCT OUTLOOK
8.10.4 KEY DEVELOPMENTS
8.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
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