KEY FINDINGS The global nano cellulose market is estimated to record a CAGR of 18.05%, during the forecast period of 2021 to 2028. The region’s primary market growth drivers include, the growing use of packaging flexibility aids and the exceptional properties of nano cellulose.
MARKET INSIGHTS Nano cellulose is characterized by a group of materials defined as possessing at least one of its fibrous dimensions, on a nano-scale. As per the European Union, nano cellulose is an organically mass-produced material comprising particles with over more than half the number of particles and one or more external dimensions, in the distribution quantity, ranging from the size of 1 nm to 99 nm. Nano cellulose provides excellent properties such as, mechanical, thermal, and structural.As a result, they are adopted in myriad applications including, oil and gas, coating, paper processing, and composites.
Nano cellulose’s demand across biomedical and material science applications has accelerated over the years, owing to its renewable nature. For instance, the rapid growth in residential construction, especially in developing countries, is projected to bolster the need for paints and coatings, thereby augmenting the nano cellulose market growth.
REGIONAL INSIGHTS The global nano cellulose market growth is evaluated across the Asia Pacific, Europe, North America, and the rest of the world.The significant rise in the number of production endeavors of cellulose nanomaterials (CN) in the Asia Pacific, and the focus on research and development for mass-scale production drive the region’s market growth.
Hence, the Asia Pacific is anticipated to be the fastest-growing market, over the forecast period.
COMPETITIVE INSIGHTS The global nano cellulose market is consolidated, with the market share predominantly influenced by the production capacity.Besides, market players continually compete based on research and development.
The coverage of nano cellulose’s end-user firms is substantially high.However, presently enterprises are striving to enter new applications.
Therefore, the degree of industrial rivalry is anticipated to be moderately high, during the forecast years. Some of the leading companies operating in the market include, Melodea Ltd, American Process Inc, Norse Skog AG, Sappi Ltd, etc.
Our report offerings include: • Explore key findings of the overall market • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges) • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions • Market Segmentation cater to a thorough assessment of key segments with their market estimations • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc. • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc. • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Companies mentioned 1. AMERICAN PROCESS INC 2. AXCELON BIOPOLYMERS CORPORATION 3. BORREGARD 4. CELLUCOMP 5. CELLUFORCE 6. CHUETSU PULP & PAPER CO LTD 7. DAICEL FINECHEM LTD 8. FIBERLEAN TECHNOLOGIES 9. MELODEA LTD 10. NIPPON PAPER INDUSTRIES CO LTD 11. NORSE SKOG AG 12. OJI HOLDINGS CORPORATION 13. RISE INNVENTIA AB 14. SAPPI LTD 15. UNIVERSITY OF MAINE
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