Outlook on the Global Magnetite Nanoparticles Market to 2025 - Increasing Demand from the Bio-medical Industry - ResearchAndMarkets.com

The "Magnetite Nanoparticles Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The market for magnetite nanoparticles is expected to grow at a CAGR of over 10% during the forecast period.

Major factors driving the market studied are growing demand for magnetite nanoparticles in wastewater treatment sector and rising demand from electronics segment. On the flipside, uncertainty and volatility in the raw material prices and unfavourable conditions arising due to COVID-19 outbreak are the major restraints, which are expected to hinder the growth of market.

Companies Mentioned

• American Elements
• Cytodiagnostics Inc
• nanoComposix
• Nanografi Nano Technology
• Nanoshel LLC
• NNCrystal US Corporation
• Reade International Corp.
• Sigma-Aldrich, Inc.
• SkySpring Nanomaterials, Inc.
• Strem Chemicals, Inc.
• US Research Nanomaterials, Inc.

Key Market Trends

Increasing Demand from Bio-medical Industry

• Magnetite nanoparticles are the type of nanoparticles which can be manipulated using a magnetic field. They are nontoxic and exhibit superparamagnetic properties.
• The growing demand of magnetite nanoparticles on account of rising penetration in the medical industry for drug delivery, microfluidics, and in magnetic resonance imaging (MRI) is expected to propel the magnetite nanoparticles market during the forecast period.
• Furthermore, magnetite nanoparticles are used in superparamagnetic relaxometry (SPMR), which is expected to further increase the demand of magnetite nanoparticles and stimulate its market during the forecast period.
• Additionally, increment in the life threatening and chronic diseases are further expected to positively impact the magnetite nanoparticles market owing to their usage in the diagnosis and treatment of medical conditions like cancer and brain tumor.
• The magnetic resonance imaging (MRI) market is projected to grow at a CAGR of over 5% during the forecast period and is expected to reach USD 8 billion by 2027. This is likely to provide ample opportunities for the magnetite nanoparticles market to grow during the forecast period.
• Owing to all the above-mentioned factors for magnetite nanoparticles, its market is expected to grow rapidly over the forecast period.

North America Region to Dominate the Market

• North America region is expected to dominate the market for magnetite nanoparticles during the forecast period. The demand for magnetite nanoparticles is expected to increase in countries like United States and Canada, due to continuous research and development efforts to explore the possible applications of magnetite nanoparticles in industries such as bio-medical, electronics, waste water treatment, and energy.
• Magnetite nanoparticles are used as nanowires, spintronics, and quantum dots in nanoelectronics industry. Owing to this, demand of magnetite nanoparticles is expected to increase in the region.
• Additionally, magnetite nanoparticles are used in fuel cells, batteries, and photovoltaic film coatings. They are also used in research activities for obtaining thermo electric materials, nano-bioengineering of enzymes, and prototype solar panels. Owing to these factors, the demand of magnetite nanoparticles is expected to rise during the forecast period.
• Furthermore, the demand for magnetite nanoparticles is expected to further increase owing to their usage in wastewater treatment in high gradient magnetic separation (HGMS) techniques due to their high adsorption properties, thus propelling the magnetite nanoparticles market in the region.

Key Topics Covered:

1 INTRODUCTION

1.1 Study Assumptions

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Drivers

4.1.1 Rising Demand from Electronics Segment

4.1.2 Growing Demand for Magnetite Nanoparticles in Wastewater Treatment Sector

4.2 Restraints

4.2.1 Uncertainty and Volatility in the Raw Material Prices

4.2.2 Unfavourable Conditions Arising Due to COVID-19 Outbreak

4.3 Industry Value Chain Analysis

4.4 Porters Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Application

5.1.1 Bio-medical

5.1.2 Electronics

5.1.3 Waste Water Treatment

5.1.4 Energy

5.1.5 Other

5.2 Geography

5.2.1 Asia-Pacific

5.2.2 North America

5.2.3 Europe

5.2.4 South America

5.2.5 Middle-East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

6.2 Market Share/Ranking Analysis**

6.3 Strategies Adopted by Leading Players

6.4 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

7.1 Increasing Penetration of Magnetite Nanoparticles in Bio-medical Industry

7.2 Other Opportunities

For more information about this report visit https://www.researchandmarkets.com/r/xawsyq

View source version on businesswire.com: https://www.businesswire.com/news/home/20201013005639/en/