Key Players
Market Synopsis
According to MRFR analysis, the global magnetite nanoparticles market Share is expected to reach over USD 112.43million by the end of 2027 at a CAGR of 10.9%.
Magnetite nanoparticles—synthesized from magnetite (Fe3O4) iron ore—exhibit super magnetic property at ambient temperatures. These nanomaterials are witnessing growing interest from the biomedical research sector due to their biocompatibility and their super magnetic properties. Scientists have undertaken various research activities to explore the potential application of magnetic nanoparticles in cancer treatment, microfluidics, in vivo imaging, and drug delivery. Furthermore, the possible use of magnetic nanoparticles to improve data storage systems in the electronics industry is expected to boost the product demand over the forecast period.
Segmentation
By Application
This segment is divided into bio-medical, electronics, wastewater treatment, and others.
By Region
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