Lucintel Forecasts the Global Magnetite Nanoparticle Market to Reach $146.2 million by 2030

According to a market report by Lucintel, the future of the global magnetite nanoparticle market looks promising with opportunities in the electronic, optic, chemical, and medical markets. The global magnetite nanoparticle market is expected to reach an estimated $146.2 million by 2030 from $85.7 million in 2024, at a CAGR of 9.3% from 2024 to 2030. The major drivers for this market are rising demand for improved diagnostic modalities and personalized treatments, growing need for this material from the electronics and wastewater treatment sector, and increasing preference for nanotechnology.

A more than 150-page report to understand trends, opportunity and forecast in magnetite nanoparticle market to 2030 by product type (iron oxide nanoparticles and magnetic microspheres), application (electronic, optics, chemical, medical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that iron oxide nanoparticle will remain the larger segment over the forecast period due to its non-toxic and biocompatible properties, it is safe for use in biomedical fields such as MRI contrast agents and drug delivery.

Within this market, medical is expected to witness the highest growth.

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APAC will remain the largest region over the forecast period due to existence of a significant semiconductor sector and growing demand for microelectronics and nanoelectronics among population in the region.

Nanocomposix, SkySpring Nanomaterials, Reade International, Nanografi Nano Technology, Merck, American Elements Nanoshel, US Research Nanomaterials are the major suppliers in the magnetite nanoparticle market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056

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