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[Latest] Global Nano-metal Oxides Market Size/Share Worth USD 2.0 Billion by 2030 at a 7.53% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)



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Sandy, Utah, USA, Jan. 30, 2023 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Nano-metal Oxides Market Size, Trends and Insights By Type (Aluminium oxide, Titanium dioxide, Copper oxide, Magnesium oxide, Zinc oxide, Others), By End User (Building and construction, Healthcare, Automotive, Optics & electronics, Ceramic & glass, Personal care, Paints & coatings, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” in its research database.

“According to the latest research study, the demand for global Nano-metal oxides Market size & share was valued at approximately USD 1.0 Billion in 2021 and is expected to reach USD 1.11 billion in 2022 and is expected to reach a value of around USD 2.0 Billion by 2030, at a compound annual growth rate (CAGR) of about 7.53% during the forecast period 2022 to 2030.”

Nanometal oxide is tiny metal particles, including titanium, aluminium, zinc, magnesium, and others. It has a diameter of fewer than 100 nanometers. It is a white powder extracted from oxidizing zinc oxide particles. It has high catalytic and a high surface area, predominantly used in various end-use industries such as rubber, paints and coatings, personal care and cosmetics, textile, and others.

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Market Dynamics

Robust demand from the cosmetics industry 

The cosmetics and personal care sector is one of the emerging sectors across the globe where zinc nano-metal oxides are extensively used to formulate various skincare and body care products such as lotions, sunscreen, gels, and moisturizers which will protect the skin from U.V. rays. Therefore, the growing demand from the cosmetics and personal care industry has increased the potential sales of nanometal oxides in the market.  


Side effects associated with nano-metal oxides

There are numerous uses for nano-metal oxides in various end-use industries. However, inhaling nanometal oxides will hurt the health and cause lung damage and skin cancer. For instance, according to an article published by Cancer Council, zinc oxide nanoparticles (commonly used sunscreen active ingredients) do not reach viable skin cells; instead, they remain on the skin’s surface and in the outer layer of the skin composed of non-viable cells. These factors are restraining the overall growth of the nano-metal oxides market

(A free sample of the Nano-metal oxides report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
  • The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
  • About 220+ Pages Research Report (Including Recent Research)
  • Provide detailed chapter-by-chapter guidance on the Request
  • Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
  • Includes Tables and figures have been updated
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis 
  • Custom Market Insights (CMI) research methodology

(Please note that the Nano-metal oxides report sample has been modified to include the COVID-19 impact study before delivery.)

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Growing demand from the construction sector 

The factors such as the rise in population across the globe, rising infrastructure activity, increasing urbanization, industrialization, and others propelling the construction sector where nano-metal oxides are used as a coating, preservative, and protecting layer. The nano-metal oxides market has witnessed significant growth owing to the increased demand for paint and coating from architectural paints. For instance, Nanophase Technologies Corporation offers NanoArc Zinc Oxide, which can absorb U.V. light to provide enduring film protection in exterior architectural paint. Together, these factors are projected to create remunerative opportunities for the future expansion of the nano-metal oxides market.


Advancement of technology 

 The adoption of nanotechnology in the formulation of nano zinc particles may be considered a challenging facto and adverse effect on human health, hampering the growth of the nano-metal oxides market. Therefore, these factors are expected to inhibit the growth of nanometal oxides in the market.

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 Report Highlights.

The segment includes aluminium oxide, titanium dioxide, copper oxide, magnesium oxide, zinc oxide, and others based on product type. The zinc oxide type segment dominated the market in 2021 and is expected to grow with a total share of 28% over the forecast period. The zinc oxides are used for topical skincare products such as calamine lotion, diaper rash creams, and sunscreen. This is anticipated to increase the industrial sector’s demand for nanometal oxide. In addition, during the forecast period, the growing demand for kiln furnaces from the building and construction sector and the manufacturing industry have witnessed significant growth for the metal oxide nanoparticle market.

Based on Application, the segment includes building and construction, healthcare, automotive, optics & electronics, ceramic & glass, personal care, paints & coatings, and others. It is expected that the global personal care and cosmetics industry segment to hold a dominant position during 2022 -2031 and grow at a CAGR of 7.98%. 

The consumer uses nano-metal oxides-containing cosmetics products such as lotions, creams, foundations, and many others due to their U.V. protection ability. Therefore, the demand for nanometal oxide will grow in the cosmetics industry during the forecast period.

Key questions answered in this report:

  • What is the size of Nano-metal oxides market and what is its expected growth rate?
  • What primary driving factors push the Nano-metal oxides market forward?
  • What are the Nano-metal oxides Industry’s top companies?
  • What are the different categories that the Nano-metal oxides Market caters to?
  • What will be the fastest-growing segment or region?
  • In the value chain, what role do essential players play?
  • What is the procedure for getting a free copy of the Nano-metal oxides market sample report and company profiles?

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2022−2030
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
  • Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Regional Snapshots

Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Asia-Pacific is the dominant region in the nanometal oxide market, growing at a CAGR of 8.56% during the forecast period. This region is also anticipated to maintain its dominance throughout the forecast period. Countries such as China, Japan, India, and others have significantly contributed to the growth of the nano-metal oxides market in the region. Critical factors for developing pharmaceutical, cosmetics, and personal care products, the medical sector, agriculture, and other end-use industries have surged the demand for nano zinc oxide. 

Furthermore, the pharmaceutical sector is one of the booming sectors in India. For instance, according to a report published by NITI Aayog in March 2021, India’s healthcare industry has been growing at a Compound Annual Growth Rate (CAGR) of around 22% since 2016. This rate is expected to reach USD 372 billion in 2022. These factors together increase the usage of nano-metal oxides, especially zinc metal oxide, in the growing pharmaceutical industry for formulating various creams, lotions, sunscreen creams, and many others.

Report Scope

Feature of the Report Details
Market Size in 2021 USD 1.0 Billion
Projected Market Size in 2030 USD 2.0 Billion
CAGR Growth Rate 7.53% CAGR
Base Year 2021
Forecast Period 2022-2030
Prominent Players EPRUI Biotech Co. Ltd., Hongwu International Group Ltd, Intelligent Materials Pvt. Ltd. (Nanoshel), Meliorum Technologies Inc., Merck KGaA, Nanophase Technologies Corporation, NanoResearch Elements Inc., SkySpring Nanomaterials Inc., Star Grace Mining Co. Ltd., TCT Nanotech., Reinste, American Elements, Xuan Cheng Jing Rui New Material Co. Ltd, and Others
Key Segment By Type, End User, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfill your requirements for research.

Key Players 

  • EPRUI Biotech Co. Ltd.
  • Hongwu International Group Ltd
  • Intelligent Materials Pvt. Ltd. (Nanoshel)
  • Meliorum Technologies Inc.
  • Merck KGaA
  • Nanophase Technologies Corporation
  • NanoResearch Elements Inc.
  • SkySpring Nanomaterials Inc.
  • Star Grace Mining Co. Ltd. 
  • TCT Nanotech.
  • Reinstate
  • American Elements
  • Xuan Cheng Jing Rui New Material Co. Ltd
  • Others

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Browse the full “Nano-metal oxides Market Size, Trends and Insights By Type (Aluminium oxide, Titanium dioxide, Copper oxide, Magnesium oxide, Zinc oxide, Others), By End User (Building and construction, Healthcare, Automotive, Optics & electronics, Ceramic & glass, Personal care, Paints & coatings, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share Outlook, and Forecast 2022–2030” Report at

Key Findings: 

  • The zinc oxide type segment dominated the market in 2021 and is expected to grow over the forecast period with a total market share of 28%.
  • The personal care application segment will hold a dominant position from 2022 -2031 and grow at a CAGR of 7.56% during the forecast period.
  • Asia-Pacific is the dominant region in the nano-metal oxides market and growing at a CAGR of 8.56%.

Segments covered in the report

By Type

  • Aluminum oxide
  • Titanium dioxide
  • Copper oxide
  • Magnesium oxide
  • Zinc oxide
  • Others

By End Use 

  • Building and Construction
  • Healthcare
  • Automotive
  • Optics & Electronics
  • Ceramic & glass
  • Personal care
  • Paints & coatings
  • Others

On the basis of Geography

North America

  • The U.S.
  • Canada
  • Mexico


  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

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Key Insights from Primary Research/Key Insights & Findings from the report:

  • As per the analysis shared by our primary respondents, the Nano-metal oxides market is expected to grow annually at a CAGR of around 10.5 %.
  • Through primary research, it was established that the Nano-metal oxides market was valued at around USD 1.5 Billion in 2021.
  • Based on type segmentation, gas chromatography (GC) and high-performance liquid chromatography (HPLC) were predicted to show maximum market share in the year 2021.
  • The key factor driving the market is the legalization of cannabis use for recreational and medical purposes will be the primary force behind future market trends.
  • The “North America” region will lead the global Nano-metal oxides market during the forecast period 2022 to 2030.

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This Nano-metal oxides Market Research/Analysis Report Contains Answers to the following Questions.

  • Which Manufacturing Technology is used for Nano-metal oxides? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Nano-metal oxides Market? What are Their Company Profile, Their Product Information, and Contact Information?
  • What Was the Global Market Status of the Nano-metal oxides Market? What Was Capacity, Production Value, Cost and PROFIT of the Nano-metal oxides Market?
  • What Is the Current Market Status of the Nano-metal oxides Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Nano-metal oxides Market by Taking Applications and Types in Consideration?
  • What Are Projections of the Global Nano-metal oxides Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
  • What Is Nano-metal oxides Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Nano-metal oxides Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Nano-metal oxides Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Nano-metal oxides Industry?

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Reasons to Purchase Nano-metal oxides Market Report

  • Nano-metal oxides Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
  • Nano-metal oxides Market report outlines market value (USD) data for each segment and sub-segment.
  • This report indicates the region and segment expected to witness the fastest growth and dominate the market.
  • Nano-metal oxides Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
  • The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
  • Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
  • The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
  • Nano-metal oxides Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.

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Reasons for the Research Report

  • The study provides a thorough overview of the global Nano-metal oxides market. Compare your performance to that of the market as a whole.
  • Aim to maintain competitiveness while innovations from established key players fuel market growth.

What does the report include?

  • Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Nano-metal oxides market analysis.
  • The competitive environment of current and potential participants in the Nano-metal oxides market is covered in the report, as well as those companies’ strategic product development ambitions.
  • According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
  • For each segment mentioned above, actual market sizes and forecasts have been given.

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Who should buy this report?

  •  Participants and stakeholders worldwide Nano-metal oxides market should find this report useful. The research will be useful to all market participants in the Nano-metal oxides industry.
  •  Managers in the Nano-metal oxides sector are interested in publishing up-to-date and projected data about the worldwide Nano-metal oxides market.
  •  Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Nano-metal oxides products’ market trends.
  •  Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. 

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Cannabis Testing Market Worth $4.0 billion | MarketsandMarkets™




CHICAGO, May 23, 2024 /PRNewswire/ — Cannabis Testing Market in terms of revenue was estimated to be worth $1.8 billion in 2024 and is poised to reach $4.0 billion by 2029, growing at a CAGR of 17.2% from 2024 to 2029 according to a new report by MarketsandMarkets™.

The important factors impacting market growth are legalization trends and rising medical applications for cannabis. Rising approvals for medical and recreational cannabis drive the regulations requiring product safety testing which in turn fuel the need for cannabis testing services. Additionally, the rise in the number of cannabis testing labs due to legalization is propelling the demand for analytical instruments is likely to uplift market growth in coming years.

Download an Illustrative overview:

Browse in-depth TOC on “Cannabis Testing Market”
439 – Tables
52 – Figures
378 – Pages

Cannabis Testing Market Scope:

Report Coverage


Market Revenue in 2024

$1.8 billion

Estimated Value by 2029

$4.0 billion

Growth Rate

Poised to grow at a CAGR of 17.2%

Market Size Available for


Forecast Period


Forecast Units

Value (USD Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Product & Software, By Service & By End User

Geographies Covered

North America, Europe, the Asia Pacific, Latin America and the Middle East & Africa

Report Highlights

Updated financial information / product portfolio of players

Key Market Opportunities

Untapped markets in emerging economies

Key Market Drivers

Increasing legalization of medical and recreational cannabis

Products segment held the highest estimated share of the cannabis testing market.

Based on product & software, the cannabis testing market is segmented into products (analytical instruments {chromatography instruments [liquid chromatography, gas chromatography & other chromatography instruments], spectroscopy instruments [mass spectrometry instruments & atomic spectroscopy instruments] & other analytical instruments} and consumables {chromatography columns, standards and CRMS, sample preparation products and other consumables) and software. The product segment accounted for the largest share of the cannabis testing market in 2023. Market growth is driven by technological advancements providing sophisticated tools for precise analysis, ensuring compliance and quality control, and the expanding legalization of cannabis products. Additionally, increasing requirements for potency labeling and pesticide screening fuel the demand for specialized consumables, further propelling growth in the cannabis testing market. For example, Thermo Fisher Scientific Inc. launched the Thermo Scientific SureSTART consumables portfolio consisting of vials, well plates, caps, inserts, kits, and mats to improve analytical performance and sample security for chromatography and mass spectrometry users in routine and research labs in clinical, food, pharma, biopharma, environmental, and academic sectors.

High growth of services segment attributed to potency testing services.

Based on service, the cannabis testing market is broadly segmented into terpene profiling, microbial analysis, residual solvent analysis, potency testing, heavy metal testing, pesticide screening, and other services. In 2023, potency testing accounted for the largest share of the cannabis testing services market. The high growth of this segment is due to stringent regulatory requirements ensuring accurate THC and CBD levels. This is crucial for product labeling, consumer safety, and compliance, driving demand from producers and dispensaries seeking to meet legal standards and provide reliable, high-quality products.

Services take away the largest estimated share of the end-user segment.

Based on end users, the cannabis testing market is classified into segmented into product & software end users (cannabis testing laboratories {small-scale laboratories, medium-scale laboratories, large-scale laboratories} and research institutes) and service end users (cannabis drug manufacturers & dispensaries, cannabis cultivators/growers). In 2023, the service end users’ segment was predicted to account for the highest share of the global cannabis testing market. The large share of this end user segment is due to the rising consumer awareness of quality and safety, rising legalization of cannabis, stringent regulatory standards, and technological advancements in cannabis testing.

During the forecast period, North America displayed lucrative market growth.

North America accounted for the largest share of 65.5% of the cannabis testing market in 2023. The North American market is projected to reach a value of USD 2.6 billion by 2029 from an estimated value of USD 1.2 million in 2024, at a CAGR of 17.3% during the forecast period. The region leads the cannabis testing market due to stringent regulatory standards, robust infrastructure, and widespread legalization of cannabis for medical and recreational purposes. Additionally, North America’s advanced R&D capabilities and evolving consumer demand for quality assurance drive its prominence in this growing sector.

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Cannabis Testing Market Dynamics:


  1. Increasing legalization of medical and recreational cannabis
  2. Increasing use of cannabis for medicinal applications
  3. Technological advancements in testing technologies


  1. Lack of standardization
  2. Investment risks due to regularization


  1. Untapped markets in emerging economies
  2. Research collaborations


  1. High setup costs

Key Market Players of Cannabis Testing Industry:

The global cannabis testing market comprises many key market players competing for markets shares like Agilent Technologies, Inc. (US), Shimadzu Corporation (Japan), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), Waters Corporation (US), Restek Corporation (US), SGS SA (Switzerland), Merck KGaA (Germany), PerkinElmer, Inc. (US), Hamilton Company (US), Sigma Analytical Services (Canada), SC Labs (US), PharmLabs LLC (US), MCS, Inc. (US), ProVerde Laboratories (US), and Eurofins Scientific (Luxembourg).

The primary interviews conducted for this report can be categorized as follows:

  • By Respondent: Supply Side- 70%, and Demand Side – 30%
  • By Designation (Supply Side): Managers – 45%, CXOs & Directors – 30%, Executives- 25%
  • By Region: North America -40%, Europe -25%, Asia-Pacific -20%, Latin America -10%, MEA- 5%

Recent Developments:

  • In September 2023, Shimadzu Corporation launched the Brevis GC-2050 gas chromatograph used in various applications including cannabis testing.
  • In April 2023, SC Labs, one of the leading cannabis testing companies, acquired C4 Laboratories, one of the first Arizona cannabis labs, thus allowing it to be licensed and accredited in five states: California, Colorado, Michigan, Oregon, and Arizona.
  • In June 2022, Shimadzu Corporation launched the AA-7800 series atomic absorption spectrophotometers. The AA-7800 series is used for quality control in the raw material, food, and for inspecting water quality and hazardous substances in soil thus presenting an advantage in heavy metal testing of cannabis.

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Cannabis Testing Market – Key Benefits of Buying the Report:

The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall cannabis testing market and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market’s pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers: 

  • Analysis of key drivers (increasing legalization of medical and recreational cannabis, increasing use of cannabis for medicinal applications and technological advancements in testing technologies), restraints (lack of standardization and investment risks due to regularization), opportunities (untapped markets in emerging economies and research collaborations) and challenges (high setup costs) are influencing the growth of cannabis testing market.
  • Product Development/Innovation: Detailed insights on newly launched products of the cannabis testing market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the cannabis testing market across varied regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the cannabis testing market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players include Agilent Technologies, Inc. (US), Shimadzu Corporation (Japan), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), Waters Corporation (US), Restek Corporation (US), SGS SA (Switzerland), Merck KGaA (Germany), PerkinElmer, Inc. (US), Hamilton Company (US), Sigma Analytical Services (Canada), SC Labs (US), PharmLabs LLC (US), MCS, Inc. (US), ProVerde Laboratories (US), and Eurofins Scientific (Luxembourg) among others in the cannabis testing market.

Related Reports:

Drug Screening Market – Global Forecasts to 2029

Laboratory Proficiency Testing Market – Global Forecasts to 2028

Life Science Instrumentation Market – Global Forecasts to 2028

Digital PCR Market – Global Forecasts to 2028

Flow Cytometry Market – Global Forecasts to 2028

Get access to the latest updates on Cannabis Testing Companies and Cannabis Testing Industry Growth

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