Deerfield Beach, FL -- (SBWIRE) -- 11/28/2016 -- How Big is the Nanocellulose market?
The global nanocellulose market is expected to exceed more than US$ 700 million by 2023; Growing at a CAGR of more than 33% in the given forecast period.
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Nanocellulose is a light-weight substance which is obtained from plant cellulose or wood pulp. The term usually refers to cellulose derivative nanofibrils which can be short rod shaped, long ribbon like or thread shaped. Nanocellulose is obtained through chemical or mechanical action of cellulose, a bio-polymer substance profusely obtainable across the world. Nanocellulose presents immense expansion potential owing to its superior mechanical, rheological, thermal and structural properties Vis a visa other cellulose based derived and nanomaterials. Unique property of nanocellulose includes high strength and low density, biodegradability and high aspect ratio.
The major driving factors of Nanocellulose Market are as follows:
-Better quality structural properties of nano cellulose compared to its counter parts.
-Largesupport and funding from government projected to enhance Nanocellulose market
The restraining factors of Nanocellulose market are as follows:
-Technical and economic difficulty coupled with low customer awareness this hampers market growth.
The nanocellulose market is segmented on the lines of its product, end user and end user. Based on product segmentation it covers nanocrystalline cellulose, nanofibrillated cellulose and bacterial nanocellulose. Under end user segmentation it covers the nanocellulose market's geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
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This report provides:
1) An overview of the global market for nanocellulose and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2023.
3) Identifications of new market opportunities and targeted promotional plans for nanocellulose.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The scope of the report includes a detailed study of global and regional markets for Nanocellulose Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include CelluForce Inc., American Process Inc., Innventia AB, UPM-Kymmene Oyj, Stor Enso Oyj, DAICEL FINECHEM Ltd., and Nippon Paper Industries Co. Ltd. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry's most influential players.
Nanocellulose Market has been segmented as below:
By Product Segment Analysis:
- Nanocrystalline cellulose
- Nanofibrillated cellulose
- Bacterial nanocellulose
By End-user Analysis:
- Oil & gas
- Personal care
- Paper processing
- Paints & coatings
- Food & beverages
- Others (Including biomedical, electronics, pharmaceutical, etc.)
By Regional Analysis :
Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all nanocellulose market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of nanocellulose data.
4) Assess your competitor's refining portfolio and its evolution.
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