Home > News > Nanosilver Market Growth: Boon or Bust for Silver Prices
September 13th, 2011
Nanosilver Market Growth: Boon or Bust for Silver Prices
Abstract:
A forecasted rise in industrial demand for silver from various emerging sectors is often cited by bullish silver analysts as a strong supporting factor — alongside increasing investment demand, of course — for a rosy long-term outlook in the silver market.
The rising use of nanosilver across various markets has received a lot of play in the last few years. According to industry analyst firm NanoMarkets, the total market for nanosilver materials and coating products is expected to grow in value from about $290 million in 2011 to around $1.2 billion by 2016. The firm's most recent report, entitled "Nanosilver Markets — 2011," cites the rising use of nanosilver in electronics and transparent conductor applications and the emergence of nanosilver materials in antimicrobial consumer goods or medical products as catalysts for growth.
Source:
silverinvestingnews.com
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