Mesh Nozzle Plates Market – Industry Insights by Application and Region, 2028A Chapter by Markets InsightsThe global mesh nozzle plates market size was valued at USD 28.8 million in 2020 and is estimated to expand at a compound annual growth rate (CAGR) of 6.1% from 2021 to 2028.The global Mesh Nozzle Plates Market size is anticipated to reach USD 45.7 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a lucrative CAGR of 6.1% from 2021 to 2028. The key factors driving the market include rising technological advancements and varied applications of mesh nozzle plate in industries including agriculture electronics, medical, and cosmetic. The COVID-19 pandemic led to logistical hurdles, low demand, and decreased marketing activities for the mesh nozzle plates. However, it did not affect the growing underlying demand for high precision, high quality, and micro components in various healthcare applications including medical devices such as nebulizers, and flow control systems. In fact, as per a 2020 review article published in the Journal of Personalized Medicine, vibrating mesh nebulizers offer an optimal method of aerosol delivery for ventilated patients, especially amid the COVID-19 pandemic. The use of cost-effective and effective raw materials to bring down overall costs and increase product efficacy is expected to drive the market. Although metals and alloys dominate the market, the use of engineered plastics is estimated to increase over time. For example, MicroBase, based in Taiwan, develops and markets micromachining technology that includes micro-electroforming, laser material processing, and mass production. The company has developed an innovative encapsulated mesh module technology using polyimide and PZT vibrating element to improve aerosol drug delivery in nebulizers. The diversified applications of mesh nozzle plates in a large range of industries are expected to fuel its demand over the forecast period. This includes piezoelectric components in sensors & communication devices, spray head nozzle plates in agricultural & other industrial applications, flow control discs, and inkjet printer nozzle plates, among others. With rising product developments and manufacturing technologies, these industries are anticipated to increase, thereby contributing to market growth. Related Press Release@ Mesh Nozzle Plates Market Report Mesh Nozzle Plates Market Report Highlights
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