Research on nanoparticles is gaining interest due to their properties such as toughness & ductility, increased strength, and high electrical conductivity.Copper oxide nanoparticles are copper based particles with size ranging from 1 to 100 nanometers. These can be manufactured through a natural process or by chemical synthesis. Copper oxide nanoparticles showcase different physical and chemical properties than the bulk material. The physical and chemical properties of these particles can be changed easily by changing the chemical environment, particle share and size. These properties when clubbed together make copper oxide nanoparticles a sought-after material for applications such as ceramic resistors, magnetic storage media, and near-infrared tilters.
Key factors driving the copper oxide nanoparticles market include increasing use of metal and metal oxide nanoparticles in the electronics and semiconductor industries. Demand for copper oxide nanoparticles is expected to increase in catalyst applications due to their excellent catalytic properties. This is prompting companies to increase the production of copper oxide nanoparticles. Additionally, rise in demand for copper oxide nanoparticles in paints & coatings applications is anticipated to boost the demand for these particles in the near future.
The global copper oxide nanoparticles market is witnessing technological advancements. Companies are constantly striving to develop new and better ways to manufacture copper oxide nanoparticles. Development of new and better copper oxide nanoparticles and applications is estimated to propel the copper oxide nanoparticles market. However, the highly toxic nature of these particles is projected to adversely affect market growth.
Based on type, the copper oxide nanoparticlesmarket can be classified into coated copper oxide nanoparticles and uncoated copper oxide nanoparticles. Uncoated copper oxide nanoparticles are the most commonly used form of copper oxide nanoparticles. This form of nanoparticles is comparatively less toxic and hence is preferred across various applications. Coated copper oxide nanoparticle are used in plants and fabrics to add antimicrobial properties.
Copper oxide nanoparticles are used in a wide range of applications due to their chemical and physical properties. Based on application, the market can be segmented into catalysts, electrical & electronics, paints & coatings, energy storage, and others. The electrical & electronics segment accounted for significant share of the copper oxide nanoparticles market in 2016 owing to the high demand for these copper oxide nanoparticles in different sensors across the globe. The paints & coatings segment is anticipated to expand at a rapid pace, led by the increase in usage of copper oxide nanoparticles in the industry.
In terms of geography, the copper oxide nanoparticles market can be segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. North America is anticipated to constitute the key share of the market during the forecast period. Asia Pacific is estimated to be a rapidly growing region for the copper oxide nanoparticles market owing to the increase in research and development in the field of nanotechnology. Middle East & Africa is also likely to be an attractive region for the copper oxide nanoparticles market during the forecast period due to the rise in demand for copper oxide nanoparticles in catalysts and electrical & electronics applications in the region.
Prominent players operating in the global copper oxide nanoparticles market include Hongwu International, NaBond Technologies, Du Pont, Taiyo Ink, Nova Centrix, PlasmaChem, nanoComposix, and Sky Spring Nanoparticles.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.