Increasing demand for
renewable and biodegradable natural materials to drive the growth of global
nanocrystalline cellulose market through 2024
According to
TechSci Research report, “Global Nanocrystalline
Cellulose Market By Type, By Source, By Grade, By Form, By
Application, By Region, Competition, Forecast & Opportunities, 2024”, global nanocrystalline cellulose market is expected to
grow at a formidable rate during the forecast period. Nanocrystalline cellulose
is witnessing adoption in various industries on account of its high tensile
strength, optical properties, flexibility, high aspect ratio, stiffness,
chemical reactivity, non-toxicity, biodegradability and others. Moreover, increasing
technological advancements, innovations in material science and nanotechnology,
growth of personal care industries and focus on biodegradable packaging options
are further fueling the demand for nanocrystalline cellulose, globally. However, cost of machinery,
raw material, other substitute products and use of ordinary cellulose, are
likely to hamper the growth of the market during forecast period.
Browse market data Tables
and Figures spread through 110 Pages and an
in-depth TOC on
" Global Nanocrystalline
Cellulose Market"
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Global
nanocrystalline cellulose market is segmented based on type, source, grade,
form, application, region and company. Based on application, the market can be
categorized into composites manufacturing, paper processing,
food & beverage, paints & coatings, medical & pharmaceuticals, personal
care and others. Paper processing sector is the largest end-user segment of nanocrystalline
cellulose. This can be attributed to the high fiber bond strength, higher
filler content and better optical properties of nanocrystalline cellulose.
Nippon
Paper Industries Co., Ltd., Axcelon Biopolymers Corporation, Celluforce Inc.
Diacel Finechem Ltd., American Process Inc, Innventia AB, Borregaard Asa, Asahi
Kasei Corporation, Cellucomp Ltd., Sappi Ltd. and others are some of the
leading players operating in global nanocrystalline cellulose market. Companies
operating in the market are using organic strategies such as product launches,
mergers and collaborations to boost their share.
“North America and Europe are the
leaders in global nanocrystalline
cellulose market. However, Asia-Pacific is expected to be the largest and
fastest growing market for nanocrystalline cellulose by the end of the forecast
period. Growth of nanocrystalline cellulose market in Asia-Pacific can be
attributed to growing personal care, pharmaceutical, food & beverage and
paper processing industries in the region.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Global Nanocrystalline Cellulose Market By
Type, By Source, By Grade, By Form, By
Application, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global nanocrystalline cellulose
market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in global nanocrystalline
cellulose market.
Contact
Mr. Ken Mathews
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New York – 10017
Tel: +1-646-360-1656
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