Increasing Demand for Durable and Light Weight Materials across Industries Fueling Nanocellulose Market Growth
Nanocellulose is a light solid
substance derived from plant matter that is made up of nanosized cellulose
fibres. The Nanocellulose Market is divided into three sections: end-user
industry, product type, and geography. The market is divided into five end-user
industries: paper processing, paints and coatings, oil and gas, food and
beverage, composites, pharmaceutical and cosmetics, and other end-user
industries. The market is divided by product type into Nanofibrillated
Cellulose, Nanocrystalline Cellulose, Bacterial Cellulose, Microfibrillated
Cellulose, and Other Product Types. The market is divided into four regions:
Asia-Pacific, North America, Europe, and the Rest of the World. The report also
includes market sizes and forecasts for the nanocelluose market in 13 major
regions.
Cellulose nanofibrils (CNF) are
another term for nanofibrillar cellulose (NFC). Cellulose nanofibrils are
advanced biomaterials derived primarily from renewable agricultural and forest
resources that have demonstrated outstanding performance in composites.
Nanocellulose-based sensors are used to monitor structural stress levels, such
as bridges. Nanocellulose is also used in food packaging as an alternative to
polystyrene-based foams. It prevents food wastage and oxygen penetration in the
food contents. Nanocellulose powder is used in pharmaceutical formulations in
the biomedicine industry. In the cosmetics industry, nanocellulose is used as a
composite coating agent in hair, nails, brows, and eyelashes.
One of the major factors driving
the global
nanocellulose market is the rapidly expanding pharmaceutical and
packaging industries. Asia Pacific is a significant contributor to the
nanocellulose market. This is primarily due to the thriving industries in
developing countries like India and China.
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