Nanocellulose Market 2021: Driving Factors, Industry Growth, Key Vendors and Forecast to 2026
In the latest research report compiled by Global Market Insights, Inc., nanocellulose market size is likely to gain a notable uptick by 2026.
Delaware, United States – July 23, 2021 /MarketersMedia/ —
Nanocellulose market share is likely to gain a notable uptick following the traction for green materials in the form of nanostructures. Nanocellulose materials have gained momentum in light of attributes such as high aspect ratio, abundance, biocompatibility, renewability and better mechanical properties.
Lately, some of the emerging applications of nanocellulose in wastewater treatment, pickering emulsifiers, nanocomposites and wood adhesives have fared well for stakeholders eyeing to boost their portfolios.
Growth drivers of nanocellulose market are
• Strong product demand across the packaging industry
• Rising food & beverage industry across the globe
• Rising demand for technologically advanced sustainable product across various end-user industries
• Rapidly growing oil & gas industry in North America
• Rapidly growing personal care industry in Asia Pacific
Some of the industry trends and dynamics which are touted to help stakeholders gain an edge in the industry are delineated below:
Mega-trend for cellulose nanocrystals
Lately, cellulose nanocrystals have fueled the trend in the industry for they provide sustainable, low-cost and eco-friendly materials for a range of applications. Cellulose nanocrystals tend to possess of high surface area, high aspect ratio, liquid crystalline nature and high mechanical strength.
Traction for cellulose nanocrystals has surged in end-markets, including personal care products, food additives, paper and packaging, coating components and automotive. Cellulose nanocrystals have attracted attention for use as reinforcement in high-performance nanocomposites.
In a drive towards a sustainable environment, CNC is likely to redefine nanocellulose market outlook and boost the application of green materials, biodegradable materials on a global scale.
To access a sample copy or view this report in detail along with the table of contents, please click the link below: https://www.gminsights.com/request-sample/detail/2423
Prevailing challenges
Sustained demand for fossil fuel to produce carbon nanotubes dent the industry outlook as leading companies will eye to overcome the potential challenges in the form of high energy cost and environmental issues pertaining to chemical pretreatment.
A remarkable growth is projected in nanocellulose market size as nanomaterials are touted to expand their penetration in a slew of end-use applications. Nanocellulose-based products will boost their footfalls in food & beverages, oil & gas and personal care application portfolios.
About Global Market Insights Inc.
Global Market Insights Inc. headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights Inc.
Phone: 1-302-846-7766
Website: https://www.gminsights.com/pressrelease/nanocellulose-market
Source: MarketersMedia
Release ID: 89038194
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