Global Market for Nanocellulose to Reach 530.0 Million by 2020, Growing at CAGR of 30% by 2020
Nanocellulose is extracted from wood pulp or plant cellulose. Nanocellulose is nothing but consequent nano-fibrils. These nano-fibrils are of different shapes such as ribbon-like, thread-shaped or short rod-shaped. The nanocellulose involves mechanical as well chemical treatment process. This material is highly structural. It poses unique properties of high tensile strength, excellent compatibility and biodegradable. Due to this scalability, it is highly employed in several applications and further expected to expand with a remarkable CAGR in near future.
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