SILVER NITRATE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Silver Nitrate Market, By Grade (Industrial Grade, Pharmaceutical Grade, Analytical Grade, and Others), By Application (Photography, Healthcare, Electronics, Mirrors, Solar Energy, and Others), By End Use Industry (Electrical & Electronics, Glass & Ceramics, Medical & Healthcare, Photography, Textile, and Others), By Sales Channel (Direct Sales, and Indirect Sales), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Recent Developments

New product launches

In January 2022, Ricca Chemical is a chemical company launched the low-iron silver nitrate for use in manufacturing solar cells. The product improves cell efficiency.
In March 2021, Yinxing Chem is a chemical company launched new pharmaceutical grade silver nitrate crystal for wound care applications. The product has high purity and improves healing.
In May 2020, Shaanxi Kaida Chemical EngineerinAg launched nano-grade silver nitrate for use in conductive inks and printed electronics. The smaller particle size enhances properties.

Acquisition and partnerships

In October 2022, Tongling acquired Jiangsu Shangyong New Material are the are a scientific and technical manufacturer company to expand production capacities of silver nitrate. This acquisition is expected to increase the production of silver nitrate, which is used in various applications such as wound care, solar cells, and printed electronics.
In December 2021, Fujifilm partnered with Roche on wound care solutions using Fujifilm's silver nitrate antimicrobial dressings.
In September 2020, Umicore is a multinational materials technology company partnered with Solvay is a Belgian multinational chemical company, on developing silver nitrate pastes for solar cell applications.