DUBLIN--(BUSINESS WIRE)--The "Europe Nanocopper Oxide Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by End-user and Country" report has been added to ResearchAndMarkets.com's offering.
The European nanocopper oxide market was valued at US$ 14,465.7 thousand in 2018 and is projected to reach US$ 48,974 thousand by 2027; it is expected to grow at a CAGR of 14.7% from 2019 to 2027.
Extensive research and development activities in the field of nanotechnology have paved the way for the application of these nanoparticles in biomedical, agricultural, textile, and other relevant industries.
The COVID-19 outbreak has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Chemicals & materials is one of the major industries suffering serious consequences such as supply chain disruptions, technology events cancellations, and office shutdowns. The US has reported the highest number of confirmed COVID-19 cases in the region. The lockdown of various plants and factories in the US is affecting the global supply chains and negatively impacting the manufacturing and delivery schedules, and electronic goods sales. All these factors are likely to limit the growth of the chemicals & materials industry in North America in the coming months.
The European nanocopper oxide market, based on end-user, has been segmented into electrical and electronics, paints and coatings, catalysts, energy storage, and others. In 2018, the electrical and electronics segment accounted for the largest share of the market; the paints and coatings segment is expected to report the highest CAGR during 2019-2027. Advancement in the physical scale and cost of computing power system have permitted devices geared at a customer market to carry substantial onboard processing proficiency. Sequentially, low cost has urged mass adoption of handheld and smaller computing products using specialty materials such as nanocopper oxide.
Smartphones, technically a replacement for landlines, offer the widest variety of functions and facilities, though function-specific products with onboard computing. Wearables, including fitness monitors and other smart products; and smart sensors and controls for the home, including computerized thermostats, have seen delivery numbers more than triple y-o-y. Nano-scale innovations are playing a noteworthy role in future consumer devices. Moreover, nanocopper oxide enables the possibility of the low-cost production of flexible, transparent, and lightweight devices.
The nanocopper oxide market in Europe has been segmented into Germany, France, Italy, the UK, Russia, and Rest of Europe. Germany held the largest share of The European nanocopper oxide market, followed by France and the UK. In Europe, nanocopper oxide is extensively used in industries such as construction, paint and coatings, energy & power, electrical and electronics, and chemicals & materials.
Copper is one of the popular raw materials used in the construction industry. It is used in the manufacturing of water pipes, while it is also popular as a roofing material due to its resistance toward extreme weather conditions. Besides its wider application in the form of copper coinage, nanocopper oxide - a biocidal agent - is currently most widely used among various industries. In the paint and coatings industry, the nanocopper oxide is applied in antifouling paints for ships. It also prevents the growth of microorganisms such as fungi and algae, and ships can theoretically save up to 40% fuel.
American Elements; nanoComposix; Nanoshel LLC; PlasmaChem GmbH; SkySpring Nanomaterials Inc.; Strem Chemicals Inc.; and US Research Nanomaterials, Inc.; are among the major players in The European nanocopper oxide market.
Key Topics Covered
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Nanocopper Oxide Market - By End-user
1.3.2 Europe Nanocopper Oxide Market - By Country
2. Key Takeaways
3. Research Methodology
3.2 Secondary Research
3.3 Primary Research
4. Nanocopper Oxide Market Landscape
4.1 Market Overview
4.2 PEST Analysis - Europe
4.3 Expert Opinions
5. Nanocopper Oxide Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Electronic Equipment
5.1.2 Adoption of Metal Oxide Nanoparticles in Paints & Coatings Applications
5.2 Market Restraints
5.2.1 High Level of Toxicity Associated With Nano Copper Oxide
5.3 Market Opportunities
5.3.1 Continuous R&D Initiatives
5.4 Future Trends
5.4.1 Use of Nanocopper Oxide in Biomedical Applications
5.5 Impact Analysis of Drivers and Restraints
6. Nanocopper Oxide - Europe Market Analysis
6.1 Europe Nanocopper Oxide Market Overview
6.2 Europe Nanocopper Oxide Market Forecast and Analysis
7. Nanocopper Oxide Market Analysis - By End-user
7.2 Nanocopper Oxide Market, By End-user (2018 and 2027)
7.3 Electricals and Electronics
7.4 Paints and Coatings
7.6 Energy Storage
8. Europe Nanocopper Oxide Market - Country Analysis
9. Overview - Impact of COVID-19 Outbreak
10. Impact of COVID-19 Pandemic on Europe Nanocopper Oxide Market
10.1 Europe: Impact assessment of COVID-19 Pandemic
11. Company Profiles
11.1 American Elements
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products & Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.3 Nanoshel LLC
11.4 SkySpringNanomaterials Inc.
11.5 Strem Chemicals Inc.
11.6 US Research Nanomaterials, Inc.
11.7 Plasmachem GmbH
For more information about this report visit https://www.researchandmarkets.com/r/5jpykr