Press release
Nanocellulose Market Revenue, Business Opportunities and Forecast Worldwide by Key Manufacturers- FiberleanTechnologies, Borregaard, Celluforce Inc, American Process Inc, Oji Holdings Corporation
Global Nanocellulose Market 2022-2026, 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.Download FREE Sample Research Report of Nanocellulose Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=401530
The nanocellulose market size is expected to grow from USD 346 million in 2021 to USD 963 million by 2026, at a CAGR of 22.7% during the forecast period.
The report provides a comprehensive analysis of company profiles listed below:
• FiberleanTechnologies (UK)
• Borregaard (Norway)
• Nippon Paper Group (Japan)
• Celluforce Inc. (Canada)
• Kruger Inc. (Canada)
• Stora Enso (Finland)
• RISEInnventia (Sweden)
• American Process Inc. (US)
• FPInnovations (Canada)
• UPM (Finland)
• Melodea (Israel)
• Cellucomp (Scotland)
• Blue Goose Refineries (Canada)
• Oji Holdings Corporation (Japan)
• VTT (Finland)
• SAPPI (South Africa).
"MFC & NFC segment is expected to grow at the highest rate during the forecast period."
MFC & NFC is the fastest-growing type of nanocellulosein the overall market. They have a low price, outstanding reinforcing potential, high viscosity & yield stress along with high water holding capacity. These properties of MFC & NFC are expected to help their rapid growth in the coming years. On the other hand, NCC helps to enhance various properties such as strength and shine of the materials that it is added to. Hence, the NCC type of nanocellulose is expected to grow at the second-highest rate during the forecast period.
"Wood-based nanocellulose are utilized at large scale in manufacture of non-woven fabric materials"
Wood currently holds the lion's share in the market. Easy availability of the raw material resource across the globe along with support from governments to improve the value proposition from their forest resources has propelled the utilization of wood for manufacture of nanocellulose.
"Composites to be the fastest-growing application of nanocellulose market during the forecast period."
Nanocellulose can be used as a filler or reinforcement in composite materials. Nanocellulose possess outstanding properties compared to Kevlar or steel wires, which are commonly used as reinforcements in composite materials. Moreover, nanocellulose reinforcement composite materials reduce the weight and retain the performance of final products.
"Europe is expected to register the highest growth during the forecast period."
Europe is expected to register the highest growth during the forecast period due to the vast pulp & paper industry. The region consists of countries such as Finland, Sweden, and Norway, which are among the largest pulp producing countries in the world. These countries of the area are providing substantial growth opportunities for the nanocellulose market in pulp & paper applications.
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Competitive Landscape of Nanocellulose Market:
1 Overview
2 Market Ranking Analysis
2.1 Ranking Of Key Market Players, 2021
3 Company Evaluation Quadrant Matrix: Definitions And Methodology, 2021
3.1 Star
3.2 Emerging Leaders
3.3 Pervasive
3.4 Participants
4 Competitive Scenario
4.1 Fiberlean Technologies
4.2 Borregaard
4.3 Nippon Paper Industries
4.4 Celluforce Inc.
4.5 Kruger Inc.
Research Coverage:
The market study covers the nanocellulose market and its segments. It aims at estimating the market size and the growth potential of this market on the basis of type, raw material, application, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
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