Magnetite Nanoparticles Market Report by Type (Iron Based, Cobalt Based), Physical Form (Nanopowder, Solution, Dispersion), Application (Bio-medical, Electronics, Wastewater Treatment, Energy, and Others), and Region 2024-2032

Magnetite Nanoparticles Market Report by Type (Iron Based, Cobalt Based), Physical Form (Nanopowder, Solution, Dispersion), Application (Bio-medical, Electronics, Wastewater Treatment, Energy, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A5493
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Market Overview:

The global magnetite nanoparticles market size reached US$ 81.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 191.4 Million by 2032, exhibiting a growth rate (CAGR) of 9.6% during 2024-2032.

Report Attribute
 Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023 US$ 81.9 Million
Market Forecast in 2032 US$ 191.4 Million
Market Growth Rate 2024-2032 9.6%


Magnetite nanoparticles (NPs) are structures composed of different metallic elements, such as iron, cobalt, nickel, and platinum, or metal alloys, which exhibit superparamagnetic properties at ambient temperatures. Their compact size and non-toxic properties make them viable for applications in catalysis, biosensors, ferrofluids, magnetic separations, and magnetic resonance imaging (MRI) contrast agents. Due to their high coercivity, low curie temperature, and excellent magnetic susceptibility, magnetite NPs have now become an important element in developing novel biomedical applications. They are consequently used in nanotoxicology and magnetic nanotechnology research and development (R&D) across the globe.

Magnetite Nanoparticles Market

Magnetite Nanoparticles Market Trends:

Magnetite NPs find extensive applications in cancer therapy, drug nanocarriers (NCs), targeted delivery systems, and diagnosis involving two guided NPs as nanoprobes and contrast agents. This, in confluence with the increasing prevalence of chronic diseases and the rising need for improved diagnostic modalities and personalized treatments, represents one of the key factors bolstering the market growth. Moreover, magnetic NPs are gaining traction in magnetic bio-separation and detection of biological entities, such as cells, proteins, nucleic acids, enzymes, bacteria, and viruses. Besides this, as the magnetic properties of magnetite NPS can efficiently remove contaminants from wastewater, they are considered suitable for wastewater treatment processes, including flocculation, demulsification, adsorption, filtration, and photocatalytic activities. In addition, rapidly diminishing freshwater resources and the growing wastewater complexities are driving the demand for magnetic NPs. Apart from this, researchers are focusing on obtaining functionalized magnetite NPs via green chemistry to reduce environmental pollution. Such developments are anticipated to aid the usage of magnetite NPs in various industrial applications and medical practices to improve the quality of life of the patients.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global magnetite nanoparticles market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, physical form and application.

Breakup by Type:

Magnetite Nanoparticles Market By Type

  • Iron Based
  • Cobalt Based
     

Breakup by Physical Form:

  • Nanopowder
  • Solution
  • Dispersion
     

Breakup by Application:

  • Bio-medical
  • Electronics
  • Wastewater Treatment
  • Energy
  • Others
     

Breakup by Region:

Magnetite Nanoparticles Market By Region

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being American Elements, Cytodiagnostics Inc., Merck KGaA, Nano Research Elements Inc., nanoComposix (Fortis Life Sciences), Nanografi Nano Technology, Nanoshel LLC, Reade International Corp., SkySpring Nanomaterials Inc., Strem Chemicals Inc. and US Research Nanomaterials Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Type, Physical Form, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered American Elements, Cytodiagnostics Inc., Merck KGaA, Nano Research Elements Inc., nanoComposix (Fortis Life Sciences), Nanografi Nano Technology, Nanoshel LLC, Reade International Corp., SkySpring Nanomaterials Inc., Strem Chemicals Inc. and US Research Nanomaterials Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global magnetite nanoparticles market was valued at US$ 81.9 Million in 2023.

We expect the global magnetite nanoparticles market to exhibit a CAGR of 9.6% during 2024-2032.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for magnetite nanoparticles.

The rising demand for magnetite nanoparticles in developing novel biomedical applications, owing to their high coercivity, low curie temperature, and excellent magnetic susceptibility properties, is primarily driving the global magnetite nanoparticles market.

Based on the type, the global magnetite nanoparticles market can be segmented into iron based and cobalt based. Currently, iron based holds the majority of the total market share.

Based on the physical form, the global magnetite nanoparticles market has been divided into nanopowder, solution, and dispersion. Among these, nanopowder currently exhibits a clear dominance in the market.

Based on the application, the global magnetite nanoparticles market can be categorized into bio-medical, electronics, wastewater treatment, energy, and others. Currently, bio-medical accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global magnetite nanoparticles market include American Elements, Cytodiagnostics Inc., Merck KGaA, Nano Research Elements Inc., nanoComposix (Fortis Life Sciences), Nanografi Nano Technology, Nanoshel LLC, Reade International Corp., SkySpring Nanomaterials Inc., Strem Chemicals Inc., and US Research Nanomaterials Inc.

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Magnetite Nanoparticles Market Report by Type (Iron Based, Cobalt Based), Physical Form (Nanopowder, Solution, Dispersion), Application (Bio-medical, Electronics, Wastewater Treatment, Energy, and Others), and Region 2024-2032
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