Press release
Nanocellulose Market Will Reach At CAGR Of 29.54% Between 2017-2021
Nanocellulose is a renewable material derived from wood fibers. At least one of the dimensions of nanocellulose is less than 100 nanometers. It has special characteristics such as lightweight, high strength, and durability. Compared to other materials based on fossil fuels, nanocellulose is a renewable and biodegradable material. Nanocellulose is of three types: nano-fibrillated cellulose, nano-crystalline cellulose, and bacterial cellulose. Nanocellulose is used in coatings, paper processing, oil and gas, and composites. It is also gaining momentum in the medical sector.
Technavios analysts forecast the global nanocellulose market to grow at a CAGR of 29.54% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global nanocellulose market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Nanocellulose Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Borregaard
CelluForce
Daicel
NIPPON PAPER INDUSTRIES
RISE
Sappi
Other prominent vendors
AmericanProcess
Kruger
Melodea
Market driver
Growing demand in packaging applications
For a full, detailed list, view our report
Market challenge
High cost of manufacturing
For a full, detailed list, view our report
Market trend
Increasing use of nanocellulose in pharmaceutical industry
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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