one of the major factors hindering the growth of this market is High costs in comparison with silver. The costs involved in the application of silver nanoparticles restricts the market growth. High costs ranging from $1,500-$3,500 pertaining to silver nanoparticles and their processing have restricted their use thereby, impeding the market growth. Also, the chemical production of silver nanoparticles involves high cost, which discourages the vendors in the market from transitioning the products to higher performance or upgraded silver nanoparticles pastes and inks. Therefore, the reduction in the cost-in-use gap between silver and its nanoparticles calls for a rise in the price of silver, which decreases the demand.
Silver Nanoparticles marketMarket Challenge
- Dec 13, 2017-