Press release
What's driving the Nanocellulose Market Growth? Key Company Profiled in Sappi, Stora Enso, Kruger Inc., American Process Inc, FPInnovations
Nanocellulose Market
Global nanocellulose market to surpass a billion-dollar frontier by 2024, with an estimated CAGR of 33.9% over 2017-2024. In an era where adoption of renewable, sustainable, and biodegradable energy sources is perpetually promulgated, nanocellulose market stands as a major beneficiary, given that the substance is obtained from plant & wood fibers.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2423
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. The high growth in the Asia Pacific food & beverage industry can be attributed to increasing income levels, changing lifestyle trends, and rising popularity of processed and easy-to-eat food products among the region's population.
The Asia Pacific food & beverage industry recorded a turnover of more than USD 3 trillion in 2016 with an expected year-on-year growth of around 11% in the coming years. This high growth is likely to increase nanocellulose demand in the region as a non-toxic, eco-friendly, and low-cost substitute to other petrochemical based packaging materials.
Company profiled in this report 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
Browse Report Summery @ https://www.gminsights.com/industry-analysis/nanocellulose-market
The Chinese food & beverage industry has been growing with an average yearly growth rate of 30% between 2009 to 2014. With a turnover of more than USD 440 billion in 2015, it is the second-fastest growing food & beverage industry in the Asia Pacific region and the largest food service industry in the world. This large food & beverage industry and fast growth rate is likely to transform the country into a key nanocellulose market across the globe.
Paper processing, personal care, composites, paints & coatings, oil & gas, and food & beverages are the major application segments in the global nanocellulose market. Among these food & beverage is a key application segment which will generate revenues close to USD 100 million in 2024.
Increasing demand for environment friendly and sustainable packaging materials from the fast-evolving food & beverage industry along with the products usage as a stabilizer, thickener, and flavor carrier in processed food items will lead to a fast growth rate for this application segment during the forecast period.
Nanocellulose Market, Product By Application
• Nanofibrillated Cellulose
• Nanocrystalline Cellulose
• Bacterial Nanocellulose
Nanocellulose Industry, By Application
• Composites
• Paper Processing
• Food & Beverages
• Paints & Coatings
• Oil & Gas
• Personal Care
• Others
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2423
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.
Some of the major players in the nanocellulose market include Melodea Ltd., Nippon Paper Group, Kruger, Daicel FineChem, Innventia, Sappi, American Process Inc., Asahi Kasei Corporation, Stora Enso, CelluComp Ltd., and others.
Contact Us:
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
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.
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 What's driving the Nanocellulose Market Growth? Key Company Profiled in Sappi, Stora Enso, Kruger Inc., American Process Inc, FPInnovations here
News-ID: 1795879 • Views: …
More Releases from global market insights
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers.
Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several…
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies.
Meanwhile, yet other company, Boston Metal has declared having raised over USD 20…
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against…
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses.
Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet…
More Releases for Nanocellulose
Nanocellulose Technology Market 2021 | Detailed Report
Global Nanocellulose Technology Market 2021-2027, 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 in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.
Get Free Sample PDF (including full TOC, Tables and Figures)…
Nanocellulose Technology Market 2021 | Detailed Report
Nanocellulose Technology Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027.
Get Free Sample PDF (including full TOC, Tables and Figures) of Nanocellulose Technology Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4948455
The report provides a comprehensive analysis of company profiles listed below:
- Celluforce
- University of Maine
- The US…
Nanocellulose Market: Competitive Dynamics & Global Outlook 2025
LP INFORMATION recently released a research report on the Nanocellulose market analysis and elaborate the industry coverage, current market competitive status, and market outlook and forecast by 2025. Moreover, it categorizes the global Nanocellulosemarket by key players, product type, applications and regions,etc.
The main objective of this market research is to help the readers understand the structure of Nanocellulosemarket, market definition, overview, industry opportunities and trends, investment strategy with forceful…
Nanocellulose Market Analysis and Forecast 2025
Rapidly growing pharmaceuticals and packaging industries is one the major factors underpinning growth of the global nanocellulose market. Asia Pacific is one of the major contributors in the nanocellulose market. This is mainly attributed to the booming industries in developing countries such as India and China. The Indian pharmaceuticals industry accounted for total revenue of US$ 31 billion in 2016. This is augmented by various government initiatives such as Make…
Nanocellulose Market Future and Trends 2025
Nanocellulose is a lightweight material processed from plant cellulose or wood pulp. Nanocellulose is produced through chemical or mechanical treatment of cellulose—a biopolymer material abundantly available in nature. Nanocellulose finds wide application across various industries, owing to characteristics such as superior mechanical, thermal, rheological, and structural properties. Unique properties of nanocellulose include high aspect ratio, biodegradability, high strength, and low density. Nanocellulose can be employed in virtually every field. It…
Nanocellulose Market - Research Report
Nanocellulose is a lightweight material obtained from wood pulp or plant cellulose. The term generally refers to cellulose derived nanofibrils that can be long ribbon-like, short rod-shaped or thread-shaped. Nanocellulose is obtained through mechanical or chemical treatment of cellulose, a biopolymer material abundantly available across the globe. Nanocellulose offers immense growth potential owing to its superior mechanical, thermal, rheological, and structural properties vis-à-vis other cellulose-based derivatives and nanomaterials. Unique properties…
