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Nanocrystalline Cellulose Market - The Biggest Opportunity Of 2028

02-26-2020 02:33 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

Nanocrystalline Cellulose Market

Nanocrystalline Cellulose Market

According to the report by Quince Market Insights, the Nanocrystalline Cellulose Market is expected to promise high growth owing to the increasing demand rise in the utilization of biodegradable products in recent years. Increasing demand from end-use industries including paper processing, food & beverages, medical & pharmaceutical, personal care, composites manufacturing, paints & coatings, and others is expected to drive the growth of the market.

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Understanding the chemistry and uses of Nanocrystalline cellulose (NCC)
Nanocrystalline cellulose (NCC) is the building block of natural cellulose. It is obtained from the cellulose of wood and various plants. NCC exhibits various properties, such as high aspect ratio, non-toxicity, high level of water uptake & uphold, complex fiber networks, and biodegradability, among many others. NCC has wide usage, as it improves tensile strength, stiffness, and surface smoothness.

Based on end-user, the global nanocrystalline cellulose market has been segmented into paper processing, food & beverages, medical & pharmaceutical, personal care, composites manufacturing, paints & coatings, and others. Paper processing is the major end-user, as NCC improves the fiber-to-fiber bond used as a barrier in grease-proof type papers.

Nanocrystalline cellulose products have various medical applications, such as drug delivery systems, medical implants, wound healing, cardiovascular disease, tissue engineering, and antibacterial/antimicrobial activities.

Important Factors Impacting Market Growth:
o The rise in the utilization of biodegradable products
o Growth of end-use industries

Regional segmentation and analysis to understand growth patterns
Based on region, the nanocrystalline cellulose market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. Some of the major markets in North America and Western Europe are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major North American and Western European companies are headquartered in this market. These regions have witnessed a number of transitions from end-use industries in terms of the production of chemicals and their respective applications.

The Asia Pacific and the Middle East are expected to register substantial growth in the nanocrystalline cellulose market during the forecast period. This demand is with regard to the growth of major end-use industries such as paper processing, food & beverages, medical & pharmaceutical, personal care, composites manufacturing, paints & coatings, and others. Major Asia-Pacific countries include China, South Korea, Japan, India, Australia, etc. The Middle East is composed of the UAE, Saudi Arabia, Iran, Israel, Egypt, etc. With operations by major chemical giants in the region, Eastern Europe was dominated largely by Russia and Turkey. Rest the World that includes South America and Africa has a strong potential for the nanocrystalline cellulose market. There have been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the nanocrystalline cellulose market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. CelluForce
2. Borregaard
3. American Process Inc
4. Nippon Paper Industries Co.Ltd
5. Melodea Ltd
6. Stora Enso
7. and Sappi

Market Segmentation:
By End User:
o Paper Processing
o Food & Beverage
o Medical & Pharmaceutical
o Personal Care
o Composites Manufacturing
o Paints & Coatings
o Others
By Region:
o North America
o By Country (US, Canada, Mexico)
o By End-User
o Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By End-User
o Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By End-User
o Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By End-User
o Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By End-User
o Rest of the World
o By Region (South America, Africa)
o By End-User

Reasons to Buy This Report:
o Market size estimation of the global nanocrystalline cellulose market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:

QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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