Global Nanocellulose Report: Market Summary for 2016
Print this Article | Send to Colleague
Syndicate Market Research (Deerfield Beach, Fla., USA) promoted a recently completed for-purchase report on the current state of the nanocellulose market for the current year (2016). The summary was allowed to be published for promotion of the full report for the first time this past week, carried by multiple industry related news agencies. The summary explained that rising applications in packaging and composites industry, coupled with government initiatives and increasing investment for nanocrystalline cellulose (NC), are primary factors in what currently drives demand for the NC market.
The key end applications for the NC market have been segmented as nanostructures, nanocomposite films, drug delivery, and protein immobilization. Nanostructures followed by nanocomposites are the emerging segments owing to a wide range of end user applications. Drug delivery and protein immobilization are expected to continue gaining traction during the years to come.
Geographically, North America dominates the NC market due to technological advancements and growing demand. Asia Pacific also has a huge stake in the developing market for nanocrystalline cellulose.
The key players for the NC market, according to this report, include Innventia AB, Sappi, Borregard, CelluForce, Fpinnovations, American Process., Kruger, Diacel Finechem Nippon Paper, Melodea Ltd., J. Rettenmaire & Sohne GmBH (JRS), and UPM-Kymmene OYJ.
Another factor contributing to the current year's splendid growth of the global NC market is value realization of the unique morphology of nanocrystalline cellulose. Qualities like high surface area, orientation and alignment, low toxic level, and mechanical reinforcement. But economic crisis and lack in technological advancement, according to this report, could possibly lead to high costs that do not begin to fall soon. This would be likely to hamper the growth of the NC market.
