LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement intelligence advisory firm, has announced the release of their ‘Nano-Metal Oxides Market Procurement Research Report.’ The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the chemicals industry. This report breaks down the data and analysis behind the procurement of nano-metal oxides and acts as an all-inclusive guide for making smart purchasing decisions.
“The demand for nano-metal oxides is being driven by high growth opportunities in the APAC region and the increasing pace of research and investments toward the development of nanotechnology,” says SpendEdge procurement analyst Bhuvaneshwari Udayakumar. “Also, strong demand from major end-user industries such as electronics, paints and coatings, and chemicals manufacturing will also drive the growth of the category,” added Bhuvaneshwari.
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Procurement analysts at SpendEdge highlight the following top three market trends that are contributing to the growth of the Global Nano-Metal Oxides Market:
- Growing use of nano-metal oxides for wastewater treatment
- Rise in research on anti-cancer treatments based on nano-metal oxides
- Emerging applications of nano-metal oxides to develop cleaner fuel
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Growing use of nano-metal oxides for wastewater treatment
In recent years, there has been a considerable rise in the use of nano-metal oxide, owing to its electrical, magnetic, and optical properties. This helps the buyers to easily clean their discharges, thus making the discharge ideal for reuse.
Rise in research on anti-cancer treatments based on nano-metal oxides
Owing to the unique properties of nano-metal oxides, it is now increasingly being researched for cancer treatment. This can help the buyers widen their drug portfolio by facilitating the development of drugs that can cure a wide range of cells.
Emerging applications of nano-metal oxides to develop cleaner fuel
Globally, there has been an increase in the demand for cleaner fuel due to the adverse impact of existing fuels such as petrol and diesel. The addition of nano-metal oxides results in cleaner fuel, which will further help the buyers reduce fuel costs associated with transportation.
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