SMR: Global Nanocrystalline Cellulose Market size, Trends and value 2020
Rising applications in packaging and composites industry coupled with government initiatives and increasing investment for nanocrystalline cellulose drives the demand for nanocrystalline cellulose market.
Cellulose is a complex polysaccharide consisting large number of glucose units arranged linearly. Cellulose is raw material polymer used in the form of paper, cotton, board, flax etc. It is also used in production of artificial cellulose based films and threads. Nanocellulose is nano structured cellulose that includes nanocrystalline cellulose, bacterial Nanocellulose, microfibrillated cellulose. Nanocrystalline cellulose is derived from acid hydrolysis of cellulose and depends on origin and morphology of cellulose used. High strength, distinctive optical properties, nanoscale dimension, high surface area and modules are the properties enhancing its widespread applications. Nanocrystalline cellulose is rod like rigid crystals, with diameter of 10 to 20 nm. Nanocrystalline cellulose can be in the form of semisolid, liquid, gel or solid flakes.
Growing concern for sustainability, variable petroleum price and manufacturing cost has fuel the growth of nanocrystalline cellulose market. Another factor that contributes to the splendid growth of nanocrystalline cellulose market is unique morphology of nanocrystalline cellulose like high surface area, orientation and alignment, low toxic level and mechanical reinforcement. Nonetheless economical crisis and lack in technology leads to high cost which likely to hamper the growth of nanocrystalline cellulose market.
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The report provides a comprehensive view on the nanocrystalline cellulose market we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the nanocrystalline cellulose market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.
The key end applications for the nanocrystalline cellulose market have been segmented as nanostructures, nanocomposite films, drug delivery and protein immobilization among others. Nanocomposite films are further segmented has monolayer films and multilayer films. Nanostructures followed by nanocomposite are the emerging segments owing to wide range of end user applications. Drug delivery and protein immobilization continues to gain traction during the years to come.
Geographically, nanocrystalline cellulose market has been segmented into North America. Middle East, Asia, Africa, Latin America. North America dominates the nanocrystalline cellulose market due to technological advancements and growing demand. Moreover, Asia Pacific has a huge stake in developing market for nanocrystalline cellulose market.
The key players for the nanocellulose market include Innventia AB, Sappi Ltd, Borregard ASA, CelluForce Inc, Fpinnovations, American Process Inc., Kruger Inc., Diacel Finechem Ltd., Nippon Paper Group Inc., Melodea Ltd., J. Rettenmaire & Sohne GmBH (JRS) and UPM-Kymmene OYJ.
The report segments of the nanocrystalline cellulose market into:
Nanocrystalline Cellulose Market: Application Segment Analysis
Nanocrystalline Cellulose Market: Regional Segment Analysis
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