Platinum Nanoparticles Market: Definition & Introduction
Platinum nanoparticles are produced by the reduction of hexachloroplatinate. Platinum nanoparticles are available in colloids or suspension form.
Platinum nanoparticles have their key application in various industries such as in chemical, automotive and electronics industries. Rise in demand for high efficiency storage devices such as USB drives, DVDs and flash cards fuel the the development of platinum nanoparticles.
Platinum based nanoparticle are used for enzyme immobilization, catalytic activity and optical applications. The catalytic activity of platinum nanoparticles plays a vital role in reduction of exhaust and pollutant gases from automobiles.
Platinum Nanoparticles Market: Market Dynamics
The application of platinum nanoparticles in automotive catalysts used to filter exhaust gases market is projected as the most promising factor for fueling the growth of the global platinum nanoparticles market, owing to the growing concern for increasing emission from vehicles along with the increasing environmental pollution
Growing application of platinum nanoparticles in chemical, automotive, diesel and gas fired generators and fossil fuel- fired power plants are projected to drive the growth of global platinum nanoparticles over forecast period.
The functional application such as fruit protection, glass tinting and photovoltaic properties are likely to have positive impact on demand for platinum nanoparticles. Advanced research on platinum based nanoparticles along with other metal such as tungsten and nickel have led to development of its application in solar technology.
Increasing importance of nanotechnology and the demand for the platinum nanoparticles in medical and dentistry industry application, such as for testing cardiovascular diseases, cancer and HIV/AIDS is also expected to impact the market of platinum nanoparticles.
However, the toxic nature of platinum nanoparticles leads to adverse effects on environment and human health, which can be a barrier in growth of global market of platinum nanoparticles.
Platinum Nanoparticles Market: Regional Outlook
Platinum nanoparticles are available in high purity, dispersed and coated form which enable their application for coating in automotive industries.
Increasing number of automotive industries in North America are stimulating demand for platinum based nanoparticles owing to their application for metal coatings and auto catalysts.
In 2015, an organization in China published a patent for the development of dye-sensitized solar cells by the application of platinum based nanoparticles along with tungsten trioxide. Such innovations can open new avenues of demand and revenue generation in the platinum nanoparticles market.
Asia Pacific region is projected to witness rapid growth for platinum based nanoparticles, particularly from the automotive sector.European companies invest a prominent share of their revenues in research and development sector of automotive industries.
The increasing application of platinum nanoparticles in automotive sector owing to their use in catalytic converters of vehicle to convert unburnt hydrocarbons and carbon monoxide into CO2 and water will continue to drive the market in Europe.
Similarly new application developments can properl the growth of platinum nanoparticles market in Europe region.
Platinum Nanoparticle Market: Market Participants
Example of some major key participants in the value chain of global market of platinum nanoparticles are mentioned as:
- Nanoshel (US)
- Nanostructured & Amorphous Materials (US)
- EPRUI Nanoparticles & Microspheres (China)
- Meliorum Technologies (US)
- nanoComposix (US)
- BBI Group (UK)
- Nanocs (US)
- Strem Chemicals (US)
- Tanaka Holdings Co., Ltd.
The Platinum Nanoparticles research report presents a comprehensive assessment of the Platinum Nanoparticles market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
The research report on Platinum Nanoparticles provides analysis and information according to market segments such as geographies, application, and product type.
The Platinum Nanoparticles report covers exhaustive analysis on:
- Platinum Nanoparticles Market Segments
- Platinum Nanoparticles Market Dynamics
- Platinum Nanoparticles Market Size
- Platinum Nanoparticles Market Supply/Demand
- Platinum Nanoparticles Current Trends/Issues/Challenges
- Platinum Nanoparticles Competition & Companies involved
- Platinum Nanoparticles Value Chain
Regional analysis of Platinum Nanoparticles market includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, Italy, France, U.K, Spain, BENELUX, Russia, Rest of Europe)
- South Asia (India, ASEAN, Rest of South Asia)
- East Asia (China, Japan, South Korea)
- Oceania (Australia & New Zealand)
- Middle East and Africa (GCC Countries, South Africa, Northern Africa, Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various factors on Platinum Nanoparticles market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Platinum Nanoparticles Market: Segmentation
The global market of platinum nanoparticles is segmented on the basis of type, end use industries and application:
Basis of Type
- Enzyme immobilization
- Catalytic Activity
- Electro catalysts and Catalytic Convertors
- Magnetic nanopowders
- Polymer membranes
- Cancer Therapy
Market Research Methodology - Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.