The global nano copper oxide market size was US$ 39.09 billion in 2021. The global nano copper oxide market size is estimated to reach US$ 78.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 8.1% during the forecast period from 2022 to 2030.
Nano copper oxide is a reddish-colored or brownish-black nanoparticle that is available in a range of sizes relying on the application. In the market, it is commonly sold in powder form or dispersed form. It exhibits various chemical and physical elements such as photovoltaic powers, superconductivity, stability, antibacterial action, and affordable price.

Factors Influencing Market Growth

? The growth in the usage of metal oxide nanoparticles and metal in the electronics and semiconductor industry is a major factor propelling the overall market growth.
? Humans have encountered negative consequences such as vomiting and nausea after consuming copper oxide powder and breathing copper oxide fumes which causes lung damage. Thus, rising copper bioavailability. This factor hinders the overall market growth.
? Fast development and increase in acquisition in these sectors such as coatings and paints, electricals, and electronics propel the overall market expansion.

Effect of the COVID-19 Pandemic

COVID-19 had a severe influence on the economics and sectors of various nations due to travel restrictions, strict lockdowns, and company closures. The materials and chemicals sector is one of the prominent sectors having substantial disorders, consisting of supply chain disorder and strict shutdowns. The shutdown of different factories and warehouses in the world markets disturbed global supply webs and impacted revenues of the power and paints and coatings sectors.

Regional Insights

Asia-Pacific had the highest market share in 2021 and is predicted to grow at the highest CAGR during the analysis period due to the rising need from electronics and electricals and energy storage industries. Also, the region has the largest share of the demand for nano copper oxide.

Leading Competitors
The prominent players in the global nano copper oxide market are:
? Yong-Zhen Technomaterial
? Sun Innovations
? Sigma Aldrich
? Sisco Research Laboratories
? Reade Advanced Materials
? Quantumsphere
? Ionic Liquids Technologies
? Nanotechnology
? Nanjing Emperor Nano Material
? Beijing Nachen S&T
? Others
Segmentation Analysis
The global nano copper oxide market segmentation focuses on End User, and Region.
Segmentation on the basis of End User
? Catalysts
? Electricals and Electronics
? Energy Storage
? Paints & Coatings
? Others

Segmentation on the basis of Region
? North America
? The U.S.
? Canada
? Mexico
? Europe
? Western Europe
? The UK
? Germany
? France
? Italy
? Spain
? Rest of Western Europe
? Eastern Europe
? Poland
? Russia
? Rest of Eastern Europe
? Asia Pacific
? China
? India
? Japan
? Australia & New Zealand
? ASEAN
? Rest of Asia Pacific
? Middle East & Africa (MEA)
? UAE
? Saudi Arabia
? South Africa
? Rest of MEA
? South America
? Brazil
? Argentina
? Rest of South America