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Global Nanocrystalline Cellulose Market 2018 Trends, Applications, Key Players and Forecast Analysis

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Nanocrystalline Cellulose Market Size, By Source (Plants (Wood Pulp, Cotton Fiber), Algae, Bacteria, Turnicates), By Application (Biosensing, Barrier Films, Chemical Grafting, Flexible Panels, Toughened Paper), By End-Use Industry (Automotive, Const
Global Nanocrystalline Cellulose Market 2018 Trends, Applications, Key
Players and Forecast Analysis
Nanocrystalline Cellulose Market is expected to make a huge positive impact on
various end-user industry verticals, due to its unique properties such as controlled
release, high aspect ratio, and good water uptake etc.
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Nanocrystalline Cellulose Market: Market Dynamics
Nanocrystalline cellulose market is mainly driven by rising product consumption for
various end-use industries such as mining, automotive, and paper & pulp, etc.
Increasing consumption of nanocrystalline cellulose based composites in the
manufacture of automotive accessories such as headliners, headlamps, and cushions
is expected to drive the global market significantly. Moreover, rising product
consumption in paper processing applications is also another major driver for the
growth of the market.
Increasing product consumption in the oil & gas industry is also one of the major
factors assisting the growth of the market over the coming years. Nanocrystalline
cellulose can be used as a rheology modifier, thickener, and viscosifier in drilling
muds. The product also finds its applications in the paints & coatings industry as a
functional additive to change rheological properties.
The nanocrystalline cellulose market is majorly threatened by the availability of
substitutes such as cellulose ethers and microcrystalline cellulose. Moreover, the
market can further be restricted by unfavorable environmental regulations over the
next few years.
Nanocrystalline Cellulose Market: By Application
Nanocrystalline cellulose market for toughened paper is expected to have the
dominant market share throughout the forecast period. Nanocrystalline cellulose
enhances the fiber bond strength along with providing higher reinforcement on paper
materials. Additionally, nanocrystalline cellulose adds higher filler content and also
provide better optical properties. Due to these properties, the players in paper & pulp
sectors are highly preferring nanocellulose crystalline materials for the manufacture
of toughened paper. This factor is expected to enhance the product demand, and help
the market growth over the coming years.
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Nanocrystalline Cellulose Market: By Region
North America and Europe are predicted to dominate the global market over the entire
projected period. The U.S. regional market majorly attributes to the overall product
demand in North America. Huge industrial base, coupled with rising oil & gas
production in the U.S. is the major factor attributing to the North America
nanocrystalline cellulose market share over the projected period. Europe is majorly
dominated by the countries present in Western Europe, owing to the product demand
from paper & pulp, and plastic end-use industries.
Asia Pacific nanocrystalline market is anticipated to become the major market
shareholder by the end of 2025. The regional market size is primarily attributed by
China and Japan. Huge industrial growth in these two countries, along with India is
significantly impacting the Asia Pacific regional market over the projected period.
Nanocrystalline Cellulose Market: Competitive Landscape
Some of the prime players in the global nanocrystalline cellulose market
include Celluforce, American Process Inc, Daicel Corporation, Asahi Kasei
Corporation, Cellucomp Ltd and Innventia AB among several others.
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Author
Arvel Ordish
Arvel Ordish16   documents Email
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