Global Nanocellulose Market To Record Protruding Growth With US$ 1,308.8 Million By 2027

April 2021 | Report Format: Electronic (PDF)

Restrictive packaging component legislation, popularity for petroleum goods, volatile petrochemical costs, plenteous raw resource provision, comprehensive investment opportunities in Nano-cellulose goods, as well as the innovative characteristics of Nano are among the key variables driving the worldwide Nano-cellulose industry. The rising price of R&D operations, a shortage of technical breakthroughs, a scarcity of knowledge regarding nano-cellulose throughout the globe's emerging nations, as well as governmental issues are the main factors impeding the worldwide nano-cellulose industry.

The growing foods and beverages sector, as well as growing health concerns, are expected to be significant factors driving the development of the cellulose fibers industry. This is mostly because nanocellulose is increasingly being used as binder, flavoring drivers, particularly solution modifiers. Furthermore, the developing manufacturing sector, as well as the expanding demand for sustainable packing products, will drive business expansion throughout the projected timeline. Nevertheless, a paucity of public knowledge, as well as a scarcity of product uniformity, are anticipated to stymie the expansion of the nanocellulose industry.

Because of enhanced cellulose fiber understanding, Europe is likely to have the largest and fastest-growing nanocellulose sector across the predicted period. As a consequence, the usage of nanocellulose in a range of sectors has increased, increasing the region's economy. The rising understanding of healthcare, wellbeing, and attractiveness, including the expanding usage of nanocellulose for a compounds ingredient in cosmetics including fingernails, hairs, eyelashes, eyebrows, are all contributing to the region's industrial expansion.

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Nanocellulose Market Report Highlights

• CellForce announced in February 2019 that it had already renovated its CNC factory in Montreal that would have a manufacturing output of 300 tons annually.
• Sappi Ltd, for example, created Verve, a disintegrating wood fiber trademark, in October 2018 to expand its dominance in the disintegrating hardwood pulp industry.
• GranBio struck a collaboration agreement alongside an Indian business called Birla Carbo in 2020 to offer biomass-based replacements for activated carbon which is a viscous biomaterial utilized early in the latex and tire industries.

NANOCELLULOSE MARKET SEGMENTATION

The research report published by Market Research Strategy contains industry segments, as below-

Nanocellulose Type Outlook (Revenue, USD Million, 2016 - 2027)

• CNC/NCC
• MFC & NFC
• Others (BNC, ANC, TC, and CNY)

Nanocellulose Application Outlook (Revenue, USD Million, 2016 - 2027)

• Electronics Sensors
• Composites
• Pulp & Paper
• Biomedical & Pharmaceuticals
• Others

Nanocellulose Raw Material Outlook (Revenue, USD Million, 2016 - 2027)

• Wood
• Non-wood

Nanocellulose Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America (U.S., and Canada)
• Europe (Germany, U.K., France, Italy, Spain etc.)
• Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
• South America (Brazil, Mexico, Argentina etc.)
• Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)

List of Key Players- Nanocellulose Market

• Sappi Ltd.
• Eurofins Scientific Se (Luxembourg)
• University of Maine
• Rise Innventia AB
• Oji Holdings Corporation
• Norske Skog ASA
• Nippon Paper Industries Co. Ltd
• Melodea Ltd
• Fiberlean Technologies
• Daicel Finechem Ltd
• Chuetsu Pulp & Paper Co. Ltd
• CelluForce
• CelluComp
• Borregaard
• Axcelon Biopolymers Corporation
• American Process International LLC

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