Middle East and Africa Metal Nanoparticles Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Metal (Platinum, Gold, Silver, Iron, Titanium, and Others) and End-Use Industry (Pharmaceutical and Healthcare, Electrical and Electronics, Chemicals, Personal Care and Cosmetics, and Others)
Market Introduction
The Middle East and Africa metal nanoparticles market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The existing physical and chemical methods used for the synthesis of metal nanoparticles have drawbacks such as the use of toxic chemicals and high requirement of energy, which makes the large-scale implementation of these processes difficult. Thus, manufacturers started looking for alternative ways to produce metal nanoparticles, which recently led them to biological methods of producing metal nanoparticles. The metal nanoparticles are being produced by using bacteria, fungi, and plants. This futuristic green method of biological nanoparticles production allows synthesis in aqueous conditions, thus lowering energy requirements and costs. Different bacteria, fungi, and plants have shown the ability to synthesize metallic nanoparticles and each of them has its advantages. Bacteria such as pseudomonas deptenis, visella oriza, bacillus methylotrophicus, bhargavaea indica and brevibacterium frigoritolerans have been used to synthesize silver (Ag) and gold (Au) nanoparticles. Intracellular or extracellular synthesis, controlled growth temperature, simplified extraction, and improved metal nanoparticle quality are the main advantages of biological nanoparticle production. Thus, cost-effective, environmentally friendly biological methods of producing metal nanoparticles are emerging as a prime trend in the metal nanoparticle market.
The Middle East and Africa, South Africa reported a huge number of COVID-19 cases, which led to the discontinuation of several business operations, including metal nanoparticles manufacturing activities. However, various research has been ongoing for the utilization of gold nanoparticles for COVID testing kits, that will provide the results in a matter of minutes. A group of researchers claims that they have developed a diagnostic test that can detect the SARS-CoV-2 (causative agent of COVID-19) within 10 minutes of test and the results will be visible to naked eyes. The test is a simple colorimetry-based assay that uses gold nanoparticles that are capped with the nucleic acid sequence of the nucleocapsid phosphoprotein of the virus. The test is based on the determination of specific antibodies that are developed in response to the infection. Thus, a surge in the use of gold nanoparticles in the healthcare sector, particularly in the development of rapid COVID-19 test kits, is boosting the metal nanoparticles market.
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Market Overview and Dynamics
The metal nanoparticles market in Middle East and Africa is expected to grow from US$ 476.12 million in 2021 to US$ 927.34 million by 2028; it is estimated to grow at a CAGR of 10.0% from 2021 to 2028. There has been an increase in the demand for metal nanoparticles from developing countries. Metal nanoparticles are highly being used in industries such as pharmaceuticals and healthcare, electrical and electronics, and cosmetics in these countries. Metal nanoparticles are being used in the healthcare industry for the lateral flow diagnostic testing products which specifically targets heart diseases. Low manufacturing costs, owing to incentives offered by governments, have encouraged international electronics companies to establish their plants in developing countries, which is creating growth prospects for metal nanoparticles providers to expand their presence in the region. Metal nanoparticles are being used in solar applications, photocatalytic applications, and cancer therapeutics. Metal nanoparticles are being used in pesticides. Thus, developing countries are providing notable growth opportunities to the metal nanoparticles market players.
Key Market Segments
Based on metal, the gold segment accounted for the largest share of the Middle East and Africa metal nanoparticles market in 2020. Based on end-use industry, the pharmaceutical and healthcare segment accounted for the largest share of the Middle East and Africa metal nanoparticles market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Middle East and Africa metal nanoparticles market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include American Elements; BBI Group; NanoComposix; Nanosc, Inc.; and Nanoshel LLC.
Reasons to buy report
- To understand the Middle East and Africa metal nanoparticles market landscape and identify market segments that are most likely to guarantee a strong return
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- Obtain market revenue forecast for market by various segments from 2019-2028 in Middle East and Africa region.
Middle East and Africa Metal Nanoparticles Market Segmentation
Middle East and Africa Metal Nanoparticles Market -By Metal
- Platinum
- Gold
- Silver
- Iron
- Titanium
- Others
Middle East and Africa Metal Nanoparticles Market -By End-Use Industry
- Pharmaceutical and Healthcare
- Electrical and Electronics
- Chemicals
- Personal Care and Cosmetics
- Others
Middle East and Africa Metal Nanoparticles Market – By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Middle East and Africa Metal Nanoparticles Market – Company Profiles
- American Elements
- BBI Group
- nanoComposix
- Nanocs Inc.
- Nanoshel LLC
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Middle East and Africa Metal Nanoparticles Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. Metal Nanoparticles Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Incorporation of Metal Nanoparticles in Medical Industry
5.1.2 Rise in the Usage of Metal Nanoparticles as Catalysts
5.2 Restraints
5.2.1 Adverse Effects of Metal Nanoparticles on Environment and Ecosystems
5.2.2 Complex and Expensive Manufacturing
5.3 Opportunities
5.3.1 Incrementing Demand from Developing Countries
5.4 Future Trends
5.4.1 Costs Reduction and Enhancement of Quality Using Biological Methods
5.5 Impact Analysis of Drivers and Restraints
6. Middle East and Africa Market– Middle East and Africa Analysis
6.1 Middle East and Africa Market Overview
6.2 Metal Nanoparticles Market –Revenue and Forecast to 2028 (US$ Million)
7. Middle East and Africa Metal Nanoparticles Market Analysis – By Metal
7.1 Overview
7.2 Middle East and Africa Metal Nanoparticles Market Breakdown, by Metal 2020 & 2028
7.3 Gold
7.3.1 Overview
7.3.2 Gold: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Silver
7.4.1 Overview
7.4.2 Silver: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Iron
7.5.1 Overview
7.5.2 Iron: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Platinum
7.6.1 Overview
7.6.2 Platinum: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Titanium
7.7.1 Overview
7.7.2 Titanium: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
8. Middle East and Africa Metal Nanoparticles Market Analysis – By End-Use Industry
8.1 Overview
8.2 Middle East and Africa Metal Nanoparticles Market Breakdown, by End-use Industry, 2020 & 2028
8.3 Pharmaceutical and Healthcare
8.3.1 Overview
8.3.2 Pharmaceutical and Healthcare: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Electrical and Electronics
8.4.1 Overview
8.4.2 Electricals and Electronics: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Chemical
8.5.1 Overview
8.5.2 Chemical: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Personal Care and Cosmetics
8.6.1 Overview
8.6.2 Personal Care and Cosmetics: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
9. Middle East and Africa Metal Nanoparticles Market – Country Analysis
9.1 Middle East and Africa: Metal Nanoparticles Market
9.1.1 Middle East and Africa: Metal Nanoparticles Market, by Key Country
9.1.1.1 South Africa: Metal Nanoparticles Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 South Africa: Metal Nanoparticles Market, by Metal
9.1.1.1.2 South Africa: Metal Nanoparticles Market, by End-Use Industry
9.1.1.2 Saudi Arabia: Metal Nanoparticles Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Saudi Araba: Metal Nanoparticles Market, by Metal
9.1.1.2.2 Saudi Arabia: Metal Nanoparticles Market, by End-Use Industry
9.1.1.3 UAE: Metal Nanoparticles Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 UAE: Metal Nanoparticles Market, by Metal
9.1.1.3.2 UAE: Metal Nanoparticles Market, by End-Use Industry
9.1.1.4 Rest of Middle East and Africa: Metal Nanoparticles Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Rest of Middle East and Africa: Metal Nanoparticles Market, by Metal
9.1.1.4.2 Rest of Middle East and Africa: Metal Nanoparticles Market, by End-Use Industry
10. Overview – Impact of COVID-19 on Middle East and Africa Metal Nanoparticles Market
10.1 Overview- Impact of COVID-19
10.2 Impact of COVID-19 on Metal Nanoparticles Market
10.3 Middle East and Africa: 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 and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 BBI Group
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 NanoComposix
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Nanocs Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Nanoshel LLC
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of TermsLIST OF TABLES
Table 1. Middle East and Africa: Metal Nanoparticles Market –Revenue and Forecast To 2028 (US$ Million)
Table 2. South Africa Metal Nanoparticles Market, by Metal – Revenue and Forecast to 2028 (USD Million)
Table 3. South Africa Metal Nanoparticles Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 4. Saudi Arabia Metal Nanoparticles Market, by Metal – Revenue and Forecast to 2028 (USD Million)
Table 5. Saudi Arabia Metal Nanoparticles Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 6. UAE Metal Nanoparticles Market, by Metal – Revenue and Forecast to 2028 (USD Million)
Table 7. UAE Metal Nanoparticles Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 8. Rest of Middle East and Africa Metal Nanoparticles Market, by Metal – Revenue and Forecast to 2028 (USD Million)
Table 9. Rest of Middle East and Africa Metal Nanoparticles Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 10. Glossary of Terms, Metal Nanoparticles MarketLIST OF FIGURES
Figure 1. Middle East and Africa Metal Nanoparticles Market Segmentation
Figure 2. Middle East and Africa Metal Nanoparticles Market Segmentation – By Country
Figure 3. Middle East and Africa Metal Nanoparticles Market Overview
Figure 4. Pharmaceuticals and Healthcare Segment Held Largest Share of Middle East and Africa Metal Nanoparticles Market
Figure 5. Saudi Arabia Held Largest Share of Middle East and Africa Metal Nanoparticles Market
Figure 6. Middle East and Africa Metal Nanoparticles Market, Key Market Players
Figure 7. Middle East and Africa: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Middle East and Africa Metal Nanoparticles Market Impact Analysis of Drivers and Restraints
Figure 10. Middle East and Africa: Metal Nanoparticles Market – Revenue and Forecast To 2028 (US$ Million)
Figure 11. Middle East and Africa Metal Nanoparticles Market Breakdown, by Metal, 2020 & 2028
Figure 12. Gold: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Silver: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Iron: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Platinum: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Titanium: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Others: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Middle East and Africa Metal Nanoparticles Market Breakdown, by End-Use Industry, 2020 & 2028
Figure 19. Pharmaceutical and Healthcare: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Electricals and Electronics: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Chemical: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Personal Care and Cosmetics: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Others: Metal Nanoparticles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Middle East and Africa: Metal Nanoparticles Market, by Key Country – Revenue (2020) (USD Million)
Figure 25. Middle East and Africa: Metal Nanoparticles Market Revenue Share, by Key Country (2020 and 2028)
Figure 26. South Africa: Metal Nanoparticles Market –Revenue and Forecast to 2028 (US$ Million)
Figure 27. Saudi Arabia: Metal Nanoparticles Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. UAE: Metal Nanoparticles Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. Rest of Middle East and Africa: Metal Nanoparticles Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic on Metal Nanoparticles in Middle East and Africa- American Elements
- BBI Group
- nanoComposix
- Nanocs Inc.
- Nanoshel LLC
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