Press release
Comprehensive analysis on Nanocellulose Market | Key Players are Sappi, Stora Enso, American Process Inc, FPInnovations, Kruger Inc.
Nanocellulose Market
2016 Market Size – USD 87.5 million
Compound annual Growth Rate (CAGR)- 33.9%
2024 Forecast Value – USD 1 Billion +
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Nanocellulose industry is driven by its applications in the food & beverage packaging materials, due to its exceptional characteristics which help prevent the food content spoilage and blocks the oxygen entry in it. Moreover, the product is used to substitute polystyrene-based foams and also helps improving the shelf life, thus improving the overall food quality.
Key Highlights of this report:
Base Year: 2018
Growth Projections – 2019-2025
Historical data coverage: 2015 to 2018
Number of Pages – 105
Data Tables – 24
Nanocrystalline cellulose is an important product segment with a revenue exceeding USD 30 billion in 2016. The growth of this segment's market will be augmented by its eco-friendly and renewable nature. The high chemical reactivity of the surface of nanocrystalline cellulose makes it ideal for various applications. Their high heat stability also allows its usage in high temperature applications. Bacterial nanocellulose segment is likely to witness the highest CAGR of more than 40% during the forecast timeframe and its market will be close to USD 30 million in 2024.
Growth Drivers of Nanocellulose Market:
1. Global drivers
- Strong product demand across packaging industry
- Rising food & beverage industry across the globe
- Rising demand for technologically advanced sustainable product across various end-user industries
2. Regional drivers
- Rapidly growing oil & gas industry in North America
- Rising personal care industry in Asia Pacific
Companies Profiled based on Business Overview, Financial Data, Product Landscape, Strategic Outlook & SWOT Analysis:
• Innventia AB
• Sappi Ltd.
• Borregard ASA
• CelluForce Inc
• Fpinnovations
• American Process Inc
• Kruger Inc
• Daicel FineChem Ltd
• Nippon Paper Group Inc
• Melodea Ltd
• J. Rettenmaire & Sohne GmBH (JRS)
• Asahi Kasei Corporation
• CelluComp Ltd.
• Nippon Paper Group
• STORA ENSO
Proliferation of the Asia Pacific food & beverage industry will be a major growth enabler for the nanocellulose market as the product has been witnessing increased usage as a food packaging material. Nanocellulose is also used as suspension stabilizer, flavor carrier, and as a thickener in processed food items.
Nanocellulose Market Segmentation:
Chapter 4. Nanocellulose Market, Product by Application
4.1. Global nanocellulose market share product by application, 2016 & 2024
4.2. Nanofibrillated Cellulose
4.2.1. Market estimates and forecasts by application, 2013 – 2024
4.2.1.1. Composites
4.2.1.2. Paper Processing
4.2.1.3. Food & Beverages
4.2.1.4. Paints & Coatings
4.2.1.5. Oil & Gas
4.2.1.6. Personal Care
4.2.1.7. Others
4.2.2. Market estimates and forecasts by region, 2013 – 2024
4.3. Nanocrystalline Cellulose
4.3.1. Market estimates and forecasts by application, 2013 – 2024
4.3.1.1. Composites
4.3.1.2. Paper Processing
4.3.1.3. Food & Beverages
4.3.1.4. Paints & Coatings
4.3.1.5. Oil & Gas
4.3.1.6. Personal Care
4.3.1.7. Others
4.3.2. Market estimates and forecasts by region, 2013 – 2024
4.4. Bacterial Nanocellulose
4.4.1. Market estimates and forecasts by application, 2013 – 2024
4.4.1.1. Composites
4.4.1.2. Paper Processing
4.4.1.3. Food & Beverages
4.4.1.4. Paints & Coatings
4.4.1.5. Oil & Gas
4.4.1.6. Personal Care
4.4.1.7. Others
4.4.2. Market estimates and forecasts by region, 2013 – 2024
Chapter 5. Nanocellulose Market, By Application
5.1. Global nanocellulose market share by application, 2016 & 2024
5.2. Composites
5.2.1. Market estimates and forecasts, 2013 - 2024
5.2.2. Market estimates and forecasts by region, 2013 – 2024
5.3. Paper processing
5.3.1. Market estimates and forecasts, 2013 - 2024
5.3.2. Market estimates and forecasts by region, 2013 – 2024
5.4. Food & beverage
5.4.1. Market estimates and forecasts, 2013 - 2024
5.4.2. Market estimates and forecasts by region, 2013 – 2024
5.5. Paints & coatings
5.5.1. Market estimates and forecasts, 2013 - 2024
5.5.2. Market estimates and forecasts by region, 2013 – 2024
5.6. Oil & gas
5.6.1. Market estimates and forecasts, 2013 - 2024
5.6.2. Market estimates and forecasts by region, 2013 – 2024
5.7. Personal care
5.7.1. Market estimates and forecasts, 2013 - 2024
5.7.2. Market estimates and forecasts by region, 2013 – 2024
5.8. Others
5.8.1. Market estimates and forecasts, 2013 - 2024
5.8.2. Market estimates and forecasts by region, 2013 – 2024
Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/nanocellulose-market
Research Methodology:
At Global Market Insights, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:
• Definition and scope of research
• Market dynamics, growth drivers and industry pitfalls
• Regulatory and political guidelines for the industry
• Demographics and statistical data
All the above factors are identified and analyzed in detail, with their present and expected market impact, which is quantified and used to derive market growth expectation. Market forecast is built using statistical analysis with models built around time-variance, regression and correlation analytics.
Significant emphasis is put on primary research, which serves the dual role or not only validating our findings but also obtaining penetrating market insights, which help us gain more clarity regarding business environment and competitive leverage. Notable participants in our primary research process include:
• Leadership figures such as CEOs, CSOs, VPs etc. in key companies
• Supply-chain participants, distributors and domain experts
• Key customers and B2B clients
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Corporate Sales, USA
Global Market Insights, Inc.
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