Nano Silver Market in India to Reach $208.2 Million by 2027 | CAGR: 21.3%: AMR
Increase in demand for nano silver from various antimicrobial applications in end use industries and rapid growth of the electronics and pharmaceutical sectors in the province drive the growth of the India nano silver market. By end-user, the electrical and electronics segment dominated the market in 2019, and is expected to maintain its dominance throughout the forecast period.
June 28, 2021 23:30 ET | Source: Allied Market Research Allied Market Research Pune, INDIA
Portland, OR, June 28, 2021 (GLOBE NEWSWIRE) According to the report published by Allied Market Research, the
India nano silver market was estimated at $61.6 million in 2019 and is expected to hit $208.2 million by 2027, registering a CAGR of 21.3% from 2020 to 2027. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportuniti
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Portland, OR, June 28, 2021 (GLOBE NEWSWIRE) According to the report published by Allied Market Research, the
India nano silver market was estimated at $61.6 million in 2019 and is expected to hit $208.2 million by 2027, registering a CAGR of 21.3% from 2020 to 2027. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends.
Increase in demand for nano silver from various antimicrobial applications in end use industries and rapid growth of the electronics and pharmaceutical sectors in the province drive the growth of the India nano silver market. On the other hand, rise in concerns over environmental impact and toxicity nano silver products impede the growth to some extent. However, growth in awareness and trend toward biological synthesis method is expected to be beneficial for the market growth.