openPR Logo
Press release

Nanocellulose Technology Market Growth Opportunities Report 2025

04-17-2018 09:04 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research Reports

/ PR Agency: Transparency Market Research Reports
Nanocellulose Technology Market Growth Opportunities Report

The global nanocellulose technology market was valued around US$ 50 Mn in 2016 is anticipated to register a stable CAGR of over 30 % during forecast period of 2017 to 2025, according to a new report published by Transparency Market Research (TMR) titled “Nanocellulose Technology Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025”. Growth of the global nanocellulose technology market is driven by the extensive support and funding by the governments along with the rising demand from various end user industries such as composite manufacturing, paper processing, packaging and medical. The nanocellulose technology market concentrates in the North America region and it possesses market share of two fifth of the global nanocellulose technology market on the backdrop of increase in investments in nanocellulose projects , favorable government regulations and development in the composites and paper processing segments

Read Report Overview @
https://www.transparencymarketresearch.com/nanocellulose-technology-market.html

The demand for nanocellulose products market is primarily driven by the extensive support and government funding, especially in the developed regions such as North America and Europe. The rise in number of collaborative research projects made by the government, government supported organizations and educational institutes justify the same. Superior structural properties of nanocellulose as compared to its counterparts such as cellulose acetate and cellulose ether are expected to increase the demand for nanocellulose. Use of nanocellulose materials as the reinforcing agent in polymer nanocomposites is also propelling the demand for nanocellulose products

The potential applications of nanocellulose which are considered the key opportunities of nanocellulose technology market includes applications in the biomedical, pharmaceutical, textiles, oil recovery and constructions. Partnerships among the forest products industry and other manufacturing industries are likely to produce green nanocellulose based products which are environmentally sustainable to a large consumer market with competitive cost and performance. Tissue engineering, implantation, wound healing and antimicrobial therapy are acting as the key opportunities for the application of nanocellulose in biomedical sector. The use of nanocellulose based liquids as the fractional fluids is anticipated to be a potential application in the oil & gas industry

Economic barrier in the form of high capital cost is likely to hinder the market penetration power of nanocellulose products. Prices of nanocellulose products are higher than that of the substitute products and this may shift the buyer’s preference from nanocellulose. Bacterial nanocellulose which is a highly studied nanocellulose products, in these days have high cost owing to the need for advanced growth media and associated manufacturing costs.

Nanocellulose technology market has been segmented on the basis of product, end user and region. On the basis of product type, nanocellulose products can be classified as CNF (Cellulose Nano Fibrils), CNC (Cellulose Nano Crystals) and BNC (Bacterial Nano Cellulose). With the strong demand from the paper processing and composites industries, cellulose nano fibrils accounted for more than fifty percent of the market share in 2016. Unique properties of cellulose nano fibrils such as high surface area, unique morphology, low density, and high mechanical strength are driving the demand for cellulose nano fibrils. Manufacturers such as Innventia AB, Stora Enso and SAPPI announced that they would be investing high on the cellulose nano fibrils. In 2016, Oji Holdings Corporation successfully developed a nanofiber product which is made from phosphorylated cellulose nanofiber which has high transparency and viscosity.

In terms of end users, the global nanocellulose market can be classified as composites manufacturing, paper processing, food & beverage, paints & coatings, medical & pharmaceutical, personal care and others which includes oil & gas, textiles, and cement. Paper processing segment accounted for more than one fourth of the global nanocellulose technology market owing to the rise in demand for nanomaterial coated papers and films which find applications ranging up to advanced nano-electronics. The rise in demand among consumers for brighter, glossier and high quality paper is fuelling the expansion of the paper processing segment. In 2016, Nippon Paper Group invested a significant amount for enhancing the production volume by using the cellulose nano fibrils

In terms of region, North America lured most of the demand for nanocellulose products in 2016, accounting for over two fifth of the global nanocellulose technology market. This is attributable to the increasing government spending on nanocellulose, growing demand from paper processing and composites industries, presence of key manufacturers and focus towards sustainability. The Federal government supports the production of nanocellulose due to its reduced carbon footprint features. Growth in forest wood-based economy in Canada and states in the U.S, such as Minnesota, Michigan and Vermont provides easy accessibility to raw materials thereby boosting the nanocellulose technology market in North America. Ambient climatic conditions for pulpwood plantation, government funding and availability of high-end technology are the key factors contributing to the growth of nanocellulose technology market in the region.

In Norway and Sweden, manufacturers are striving to produce bacterial nanocellulose which is in a nascent phase. Rise in awareness regarding the usage of environment-friendly products in the developing countries of Asia Pacific has contributed to the growth of the nanocellulose technology market in the region. In Latin America, the nanocellulose technology market is still in the early stage of development. In terms of consumption of nanocellulose materials, Middle East & Africa remains less significant due to the lack of awareness regarding biomaterials and their applications in the region. Across the region, demand for cellulose nano fibrils is high owing to the easy manufacturing process compared to the cellulose nano crystals and bacterial nano cellulose.

Request to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1678

Key players profiled in the global nanocellulose technology market includes Borregaard, UPM-Kymmene Corporation, CelluForce, American Process Inc, Nippon Paper Industries, Co.Ltd, Axcelon Biopolymers Corporation, Innventia AB, Melodea Ltd, Oji Holdings Corporation, Stora Enso, Daicel Finechem Ltd and Sappi Global. Collaborative agreements between the manufacturers and production capacity expansion are the key market strategies opted by the nanocellulose manufacturers. Borregaard, a key player in the nanocellulose technology market, head quartered in Norway has made substantial progress in the nanocellulose business sector with the implementation of new energy strategy which reduces the emission of carbon dioxide. In 2017, Borregaard invested a portion of its capital amount for enhancing the production of specialty cellulose.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Nanocellulose Technology Market Growth Opportunities Report 2025 here

News-ID: 1020408 • Views:

More Releases from Transparency Market Research Reports

High Purity Quartz Market - Global Industry Report, 2030
High Purity Quartz Market: Introduction Albany, NY - The global high purity quartz market was valued at ~US$ 800 Mn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global high purity quartz market is driven by increase in demand for high purity quartz in the global semiconductor industry. Asia Pacific accounts for a major share of the global high purity quartz market,
Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers. The demand for crude oil is increasing
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027 Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon

All 5 Releases


More Releases for Nano

Vanadium Carbide Powders Market 2021 Analysis by Global Manufacturers: BiKe New …
Vanadium Carbide Powders Market Report provides detailed analysis of Growth Factors of the market as well as it gives an analysis of the Market size, Latest trends, SWOT Analysis by Regions and Forecasted market research data until 2026. The Vanadium Carbide Powders market report has studied key opportunities in the market and influencing factors which are useful to the business. The report also maps the qualitative and quantitative impact of
Internet of Nano Things Market Device Type (Nano Processors, Nano Sensors, Nano …
Internet of Nano Things is the integration of nanoscale devices with existing communication network with high-speed internet. It comprises miniature sensors connected to each other via Nano network to get data from objects. The evolution of Nanotechnologies, Internet of Things (IoT), Nano machines, and Internet of Nano things (IoNT) is expected to have immense impact on advanced development in every field such as smart homes, smart cities, and others. The
North America Nano PLC Market Growing at 15.8% CAGR to 2027 | By Type - Fixed Na …
North America Nano PLC Market Forecast to 2027 - COVID-19 Impact and Global Analysis" report added to ReportsWeb has covered and analyzed the potential of Global North America Nano PLC Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along
Nano Silver Market Size, Opportunity, Growth by Top Key Players Cambrios Technol …
Nano Silver MarketReport, published by Allied Market Research, forecasts that the global market is expected to garner $1,605 million by 2022, registering a CAGR of 20.5% during the period 2016 - 2022.It is anticipated that electrical & electronics segment would generate the highest revenue throughout the forecast period. In the year 2015, Asia-Pacific led the global market and is expected to maintain its position throughout the study period. Download PDF Report
Nano Gas Sensor Market analysis report- with Leading players, Applications and M …
Nano Gas Sensor Market Worldwide Market Reports has announced the addition of the “Global Nano Gas Sensor Industry Market Research Report”, The report classifies the global Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. Nano Gas Sensor Market provides market information about Top Manufacturers, Market segmentation, Types, Application and Regions. Powder Packing Machines Market also share Market capacity, Production, Revenue, Market
Global Nano Drones Market 2018-2025 | Advance Technology, Future Guidelines, Stu …
The recently published report titled Global Nano Drones Industry 2018 Market Research Report is an in depth study providing complete analysis of the industry for the period 2018 – 2025. It provides complete overview of Global Nano Drones Market considering all the major industry trends, market dynamics and competitive scenario. The Global Nano Drones Industry Report 2018 is an in depth study analyzing the current state of the Global Nano Drones