Chemical & Materials
The global magnetite nanoparticles market size reached US$ 81.9 Million in 2023. The increasing prevalence of chronic diseases and the surging need for personalized treatments represent another major growth-inducing factor. Besides this, magnetite NPs are used in wastewater treatment processes, including demulsification, flocculation, adsorption, filtration, and photocatalytic activities. This, coupled with the increasing product utilization in bio-separation and detection of biological entities, such as proteins, nucleic acids, cells, enzymes, bacteria, and viruses, is positively influencing the market growth.
As per the analysis by IMARC Group, the top magnetite nanoparticles companies are engaging in collaborations and mergers and acquisitions to strengthen their market foothold. For instance, in February 2019, nanoComposix made an agreement with CliniSciences to expand its distribution of materials and technologies to customers across Europe. Besides this, various leading market players are focusing on obtaining functionalized magnetite nanoparticles (NPs) using green chemistry to reduce environmental pollution. They are also investing in research and development (R&D) activities to develop advanced applications of magnetite NPs. This is escalating the adoption of magnetite NPs in cancer therapy, drug nanocarriers (NCs), targeted delivery systems, and diagnostic procedures. the market to reach US$ 191.4 Million by 2032, exhibiting a growth rate (CAGR) of 9.6% during 2024-2032.
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The global magnetite nanoparticles market has several major players, including 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. More information about these companies has been provided below.
Establishment: |
1990 |
Headquarters: |
California, the United States |
Website: |
https://www.americanelements.com/ |
American Elements is a global manufacturer and distributor of advanced materials. It specializes in producing high-purity metals, chemicals, and materials for a wide range of industries, including aerospace, defense, energy, and electronics. It also offers a wide variety of products, including rare earth metals and alloys, high-purity metals and chemicals, ceramics, semiconductors, and nanomaterials. The company has a large catalog of over 15,000 products and can also produce custom materials to meet specific customer requirements. In addition to manufacturing, American Elements provides research and development services for customers seeking to develop new materials or improve existing ones.
Establishment: |
2009 |
Headquarters: |
Ontario, Canada |
Website: |
https://www.cytodiagnostics.com/ |
Cytodiagnostics Inc. is a biotechnology company that specializes in the development and manufacturing of gold nanoparticles and related products for use in the life sciences and diagnostics industries. It offers a range of gold nanoparticles of various sizes and shapes, as well as functionalized nanoparticles for use in applications such as bioimaging, drug delivery, and biosensors. The company also provides a variety of related products and services, including antibodies, assay kits, and contract research services. Cytodiagnostics is well known for its expertise in gold nanoparticle synthesis and surface functionalization.
Establishment: |
1668 |
Headquarters: |
Darmstadt, Germany |
Website: |
https://www.merckgroup.com/en |
Merck KGaA, also known as simply Merck, is a multinational pharmaceutical, life sciences, and performance materials company that is known for its innovative research and development programs. The company invests heavily in research and development, with a focus on the areas of oncology, neurology, and immunology. It has a strong pipeline of new drugs in development and has brought many innovative products to market, such as the cancer drug Erbitux and the multiple sclerosis drug Rebif. It also produces high-tech materials for use in the electronics, cosmetics, and automotive industries. In addition to pharmaceuticals, Merck is also a leading producer of laboratory chemicals, reagents, and equipment.
Headquarters: |
California, the United States |
Website: |
https://www.nanorh.com/ |
Nano Research Elements Inc. is a company that specializes in the production and supply of advanced nanomaterials, including graphene, carbon nanotubes, and other nanomaterials. It provides a wide range of high-quality nanomaterials that are used in various industries, including electronics, aerospace, medical, energy, and defense. The company's products are known for their exceptional quality, purity, and consistency, and are manufactured using advanced technologies.
Establishment: |
2020 |
Headquarters: |
Massachusetts, the United States |
Website: |
https://www.fortislife.com/ |
Fortis Life Sciences specializes in the development and manufacturing of nanomaterials for various applications. The company produces a wide range of nanoparticles, including metal nanoparticles such as gold, silver, and copper, metal oxide nanoparticles such as titanium dioxide and zinc oxide, and carbon-based nanoparticles such as fullerenes and carbon nanotubes. These nanoparticles find applications in several fields, including biomedicine, electronics, energy, and environmental remediation. Moreover, in 2021 Fortis also acquired nanoComposix, a premium nanomaterials company focused on solutions for assay development and diagnostics to strengthen its market foothold.
Establishment: |
2011 |
Headquarters: |
Istanbul, Turkey |
Website: |
https://nanografi.com/ |
Nanografi Nano Technology specializes in the production and distribution of a wide range of advanced nanomaterials, including graphene, metal nanoparticles, metal oxide nanoparticles, and carbon nanotubes. It offers high-quality nanomaterials for various applications, including biomedicine, electronics, energy, and environmental remediation. For instance, the company's metal nanoparticles are used in sensors, catalysts, and electronic devices, while its carbon nanotubes are used in composites and coatings. The company also uses various advanced techniques, such as chemical vapor deposition, sol-gel synthesis, and laser ablation, to produce nanomaterials with excellent quality and consistency.
Establishment: |
2005 |
Headquarters: |
Delaware, the United States |
Website: |
https://www.nanoshel.com/ |
Nanoshel LLC is a leading supplier of high-quality nanomaterials worldwide. It provides a wide range of nanomaterials, including metal nanoparticles, metal oxide nanoparticles, graphene, carbon nanotubes, and quantum dots to electronics, energy, healthcare, and environmental remediation industries. The company uses advanced techniques, such as chemical vapor deposition, sol-gel synthesis, and laser ablation, to produce nanomaterials with excellent quality and consistency. Besides, Nanoshel LLC also provides custom synthesis services to meet the specific needs of its customers.
Establishment: |
1773 |
Headquarters: |
California, the United States |
Website: |
https://www.reade.com/ |
Reade International Corp. is a global company specializing in the manufacturing, processing, and distribution of a wide range of specialty chemical solids, including powders, pellets, and granules. It offers a diverse range of products for various industries, including aerospace, automotive, ceramics, electronics, healthcare, and plastics. The company's products include specialty metals, oxides, salts, and compounds, as well as nanomaterials, such as metal nanoparticles, metal oxide nanoparticles, and carbon nanotubes. In addition to its product offerings, Reade International Corp. is committed to sustainability and responsible sourcing.
Establishment: |
2007 |
Headquarters: |
Texas, the United States |
Website: |
https://ssnano.com/home |
SkySpring Nanomaterials Inc. is engaged in the production and distribution of high-quality nanomaterials for various applications. It produces a wide range of nanomaterials, including metal nanoparticles, metal oxide nanoparticles, carbon nanotubes, and quantum dots. It uses advanced techniques, such as chemical vapor deposition, sol-gel synthesis, and laser ablation, to produce nanomaterials with excellent quality and consistency. SkySpring Nanomaterials Inc. also provides custom synthesis services to meet the specific needs of its customers.
Establishment: |
1964 |
Headquarters: |
Massachusetts, the United States |
Website: |
https://www.strem.com/ |
Strem Chemicals Inc. has grown to become a leading supplier of specialty chemicals worldwide. It manufactures catalysts, ligands, organometallics, metal carbonyls, and nanomaterials, such as metal nanoparticles and quantum dots that find applications in various fields, such as pharmaceuticals, petrochemicals, and electronics. The company uses advanced techniques, such as organometallic synthesis, metal vapor synthesis, and colloidal synthesis, to produce high-purity chemicals. Strem Chemicals Inc. also provides custom synthesis and contract manufacturing services to meet the specific needs of its customers.
Establishment: |
2010 |
Headquarters: |
Florida, the United States |
Website: |
https://www.us-nano.com/ |
US Research Nanomaterials Inc. is a leading manufacturer and supplier of various types of nanomaterials. It provides a wide range of high-quality nanoparticles, nanowires, and other advanced materials for research and industrial applications. The company offers a broad selection of nanomaterials, including metal nanoparticles, oxide nanoparticles, carbon nanotubes, quantum dots, and magnetic nanoparticles, among others. These materials have unique physical and chemical properties that make them suitable for a variety of applications, such as in electronics, energy, medicine, and environmental remediation. In addition to its products and services, US Research Nanomaterials works closely with regulatory agencies and industry associations to ensure that its products comply with applicable regulations and guidelines.
About Author:
Shree Basu Shree Basu is an experienced content writer with a passion for researching about diverse markets, ranging from technology to chemistry to agriculture. She has around two years of experience in different aspects of market research and has worked with multiple startups and enterprises in the B2B, B2C, and retail industries. In her free time, Shree enjoys reading, feeding stray animals, and watching crime documentaries. |
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