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Nanocellulose is a light solid substance obtained from plant matter which comprises nanosized cellulose fibrils. This new material is a pseudo-plastic and possesses the property of specific kinds of fluids or gels that are generally thick in normal conditions. It is generally produced from wood pulp though it can also be prepared from any cellulosic source material. Furthermore, nanocellulose has a wide range of applications, from cleaning of oil spills to usage in children’s toys. It can be used in pharmaceutical, food and medical industries. Likewise, this new material can also replace some petrochemical based products and is very likely to be cheaper than most other kinds of high-performance nanoscale materials. Moreover, it can be used as a food packaging material that prevents the spoiling of food contents and entry of oxygen in the food contents. Nanocellulose-based sensors could help in monitoring structures like bridges to detect their stress levels. In addition, when used in paper products, it helps to improve the fiber to fiber bond strength and acts as a barrier in grease-proof type papers. Owing to these properties, nanocellulose market is expected to grow in near future.
The factors such as increasing demand for sustainable products with improved material science, biodegradable & renewable nature along with thixotropic property of nanocellulose and unstable petrochemical prices are driving the global nanocellulose market. In addition, high economies of scale in nanocellulose manufacturing is also the key factor driving the nanocellulose market. Whereas, the factor such as strict government regulations is hampering the nanocellulose market growth.
The nanocellulose market is segmented by type, application and geography.
Based on type, the nanocellulose market is segmented into nanocrystalline cellulose (NCC), nanofibrillated cellulose (NFC) and bacterial cellulose (BC). NCC is cellulose in crystalline form, which is extracted from woody biomass and processed into a solid flake, liquid and gel forms. Several key features such as high strength, electro-magnetic response and a large surface area provide a basis for the manufacture of new and advanced materials using nanotechnology.
Various application were studied in the report such as composites & packaging, pulp & paper, biomedical & pharmaceuticals, electronics & sensors and others (oil & gas and personal care). As an additives nanocellulose can be used in papermaking to produce lighter and stronger paper. It can also alter the surface of material like paper, changing its permeability, flexibility and optical properties. Adding a little nanocellulose material to paper noticeably boosts its gloss. This factor has led to superior use of nanocellulose in this segment.
The nanocellulose market report is studied across the key countries of North America, Europe, Asia Pacific and Rest of the World. The Europe region accounted for the largest market share, due to the increasing demand for nanocellulose in end use applications in the European region and increasing investments in this market. Whereas, Asia Pacific is projected to witness the fastest growth rate during the forecast period.
Various key companies are involved in the global nanocellulose market such as Innventia, American Process, Fpinnovations, Celluforce, Stora Enso, Kruger Inc., Diacel Finechem Ltd., Borregard ASA, Nippon Paper, UPM-Kymmene OYJ, Melodea, Cellucomp, Blue Goose Refineries, Oji Holdings, VTT Technical Research Centre of Finland, Sappi and Weidmann Fiber Technology. Foremost companies have invested huge capital in mergers & acquisitions and research & development activities to develop advanced products in the market.
The nanocellulose market is segmented by type, application and geography. Based on technology, the anti-counterfeit packaging market is segmented into nanocrystalline cellulose (NCC), nanofibrillated cellulose (NFC) and bacterial cellulose (BC). NCC is cellulose in crystalline form, which is extracted from woody biomass and processed into a solid flake, liquid and gel forms. Several key features such as high strength, electro-magnetic response and a large surface area provide a basis for the manufacture of new and advanced materials using nanotechnology. Various application were studied in the report such as composites & packaging, pulp & paper, biomedical & pharmaceuticals, electronics & sensors and others (oil & gas and personal care). As an additives nanocellulose can be used in papermaking to produce lighter and stronger paper. It can also alter the surface of material like paper, changing its permeability, flexibility and optical properties. Adding a little nanocellulose material to paper noticeably boosts its gloss. This factor has led to superior use of nanocellulose in this segment. The nanocellulose market report is studied across the key countries of North America, Europe, Asia Pacific and Rest of the World. The Europe region accounted for the largest market share, due to the increasing demand for nanocellulose in end use applications in the European region and increasing investments in this market. Whereas, Asia Pacific is projected to witness the fastest growth rate during the forecast period.
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