Nanocellulose Market Steady Growth to be witnessed by 2020 to 2027

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List of Significant Manufacturers in the Nanocellulose Market include:

Nippon Paper Industries Co., Ltd.
Fiberlean Technologies
GranBio
Borregard Group
Celluforce
Kruger Inc.
Stora Enso Oyj
Oji Holdings Corporation
VTT Technical Research Centre of Finland Ltd.
FPInnovations

Nanocellulose Market Drivers and Restraints:

The global nanocellulose market is projected to witness a strong growth in the upcoming years due to the widespread application of the nanocellulose in different industries, including pharmaceutical, paper & pulp, cosmetics, electronics, and oil & gas, among other. Various beneficial properties of nanocellulose including, higher transparency and flexibility, ease to dispose, and high mechanical strength, are surging the growth of the nanocellulose market. Increasing environmental concerns and the growing inclination of companies towards the use of bio-based products are further boosting the demand for nanocellulose.

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The growing food & beverage industry and the rising health concern are projected to be a major factor fuelling the growth of the nanocellulose market. This is mainly owing to the rising use of nanocellulose as flavor carriers, thickeners, and suspension stabilizers. In addition to this, the increasing packaging industry, coupled with the increasing need for sustainable packaging materials, will further propel the market growth in the upcoming years. On the other hand, the lack of awareness among consumers and lack of product standardization will restraint the growth of the nanocellulose market.

Segmentation: Nanocellulose Market

Nanocellulose Market: By Type

Agricultural Nanocellulose MFC & NFC
CNC/NCC
Others

Nanocellulose Market: By Application

Pulp & Paper
Composites
Biomedical & Pharmaceuticals
Electronics Sensors
Others

Nanocellulose Market: By Region

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)Â

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