China's nano metal powder market size is predicted to grow at a compound annual rate of some 25%.
China's nano metal powder market size is predicted to grow at a compound annual rate of some 25%.

China's nano metal powder market size is predicted to grow at a compound annual rate of some 25%, to an estimated over RMB18 billion by 2020, according to Research and Markets.

At present, the overall yield is around 2,000 tons, which is mainly related to a short supply and high prices brought on by high technical requirements on nano metal powder. However, after decades of research and development, China has achieved independent supply of some nano metal powder like Cr, Ni, Ag, and Fe, with the output accounting for 4-6% of the global total. While improving production technology, the country is also actively studying and expanding the downstream demand. Apart from the military need, China has seen commercial operation in the civilian market segments, such as 3D printing, catalyst and thermal spraying.

Currently, there are more than 300 nanotechnology companies in China, but most of them are startup, while Siping GaoSida Nano takes the lead in China's nano metal powder industry with an annual revenue of RMB60-80 million. Hefei Kaier Nanometer Energy & Technology Co Ltd leads the industry in both revenue and profits, with the revenue of RMB70 million to RMB90 million and an approximately 35% gross margin, but its revenue mainly comes from non-metallic nanomaterials.

This story is reprinted from material from Research and Marketswith editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.