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Copper Oxide Nanomaterials Market Set To See Strong Growth by 2024

Author : Rahul Varpe | Published Date : 2019-03-25 

As per the application, the copper oxide nanomaterials market is segmented as electrical & electronics, paints & coatings, catalysts, energy storage and others. Copper oxide nanoparticles market will benefit product is added with textiles, plastics and coatings, acts as anti-fungal, anti-biotic, anti-microbial and can be used for EMI shielding, providing strength to metal and alloys.

These find their application in heat sinks and to improve thermal conductivity of the materials. They are efficient catalyst for synthesis of methanol and glycol and can be used in other chemical reactions. Noble metals are quite expensive and can be substituted with conductive inks and pastes that contain copper oxide nanoparticles. It can also be used as a nanometal lubricant additive.

Asia-Pacific has significant share with extensive application in conductive inks in copper oxide nanomaterials market. China and Japan will account for a major share in electrical & electronics market owing to the increasing government funding & support and advancement in technology.

To access the table of contents or view the Copper Oxide Nanomaterials Market report in detail, please click the link below: https://www.gminsights.com/request-toc/upcoming/2058

Copper Oxide Nanomaterials Market size is set to experience considerable growth owing to increasing applications of metal and metal oxide nanoparticles, such as electrochemical & biosensors over the forecast period. The properties of nanoparticles differ from bulk materials having same composition and can easily be altered by changing chemical environment, particle size and shape. These factors are expected to boost the copper oxide nanomaterials market size.

These are Cu based particle and have size range from 1 to 100 nanometres, that can be formed through natural processes as well as chemical synthesis. Increasing application scope in colour ceramics and glasses will propel copper oxide nanomaterials market. At present, these are of two types namely, uncoated nano CuO and coated nano CuO. In the modern times, product synthesis can be done by reaction of copper chloride and sodium citrate at room temperature in aqueous solution of sodium formaldehyde sulfoxylate. This process produces pure nanoparticles and their sizes and shape can also be controlled as per the requirement.

North America, led by the U.S. will account for moderate share in overall nanoparticles market. In 2017, the federal budget has allocated funds to National Nanotechnology Institute, a U.S. Government Research & Development initiative, which has boosted the market size. Europe has decent share in copper oxide nanoparticles market, surge in production of nanoparticles has led to the fall in the prices in this region.

The key players of in the copper oxide nanomaterials market are Hongwu International, NaBond Technologies, Du Pont, Taiyo Ink, Nova Centrix, Placma Chem, Nanocomposix, and Sky Spring Nanoparticles. Du Pont is determined to increase its market capture through renewable, bio-engineered materials and integrated science. The copper oxide nanomaterials market is expected to witness collaboration between manufacturers and end users.
 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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