Global Nanosilver Market to Witness Widespread Expansion by 2027
Transparency Market Research observes that the new entrants have been hesitant to enter the global nanosilver market due to its capital-intensive nature. Owing to this, only a few companies hold a leading share in the overall market, making the competitive landscape moderately consolidated. The research report identifies Bayer MaterialScience, Nano Silver Manufacturing Sdn Bhd, and Applied Nanotech Holdings, Inc. as some of the leading players in the overall market. Majority of the players operating in the global nanosilver market are focused toward making strategic alliances to gain a competitive advantage. In the coming years, companies are also expected to focus on expanding their operations to untapped parts of the overall market. According to the research report, the global nanosilver market was valued at US$682.0 mn in 2013 and is expected to reach US$1.8 bn by the end of 2020. During the forecast period of 2014 and 2020, the global market for nanosilver market is ...