nano copper powder uses include conductive inks & coatings, lubricant additives, antimicrobial applications, efficient catalysts, and others. The global market for nano copper powder is expected to register a CAGR of more than 15% by 2024.
Increasing demand for conductive inks and coatings is one of the major factors driving the growth of the Nano Copper Powder market. Moreover, the rising trend of replacing silver-based conductive inks and miniaturizing consumer electronics are the other factors driving the demand for this product.
The chemical method segment is expected to dominate the Nano Copper Powder market owing to the availability of prominent vendors offering high-purity, chemically derived, and high-quality nano copper powder in different sizes. The physical method is also expected to grow at a significant rate, owing to its superior performance and low cost.
This Nano Copper Powder market report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report provides an extensive analysis of the key drivers, restraints, and opportunities that are impacting the market.
The major driving forces are the increased use of conductive inks & coatings, rise in automotive sales, and demand for high-end products. The increasing usage of Nano copper powder in lubricant oils is also anticipated to boost the market for this product. The major restraining factor is the adverse effects of direct contact or long-time exposure to copper particles on eyes, nose, and stomach causing irritation.