DUBLIN--(BUSINESS WIRE)--The "Nanocellulose Market by Type, Application, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The nanocellulose market is projected to reach USD 661.3 million by 2023, at a CAGR of 18.4% from USD 284.7 million in 2018.
One of the significant factors driving the growth of the nanocellulose market is the increasing demand for sustainable products. In addition, private and government funding in the developed countries is expected to drive the demand for nanocellulose. However, regulatory barriers can curtail the growth of the nanocellulose market.
Based on application, the pulp & paper segment is estimated to account for the largest share of the nanocellulose market in 2018, in terms of value and volume. Nanocellulose can be used as additives in papermaking to produce lighter and stronger paper. In addition, the nanocellulose imparts enhanced properties such as less porosity, higher quality.
The rising demand for nanocellulose from the European region is a significant factor driving the nanocellulose market. The nanocellulose market in the European region is projected to be the largest during the forecast period, in terms of value and volume. Finland and Sweden are the key markets for nanocellulose in the European region.
The increasing demand for nanocellulose for paper & pulp application is projected to fuel the growth of the nanocellulose market in the region. High-end applications such as biomedical & pharmaceuticals are also expected to drive the market for nanocellulose during the forecast period.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Nanocellulose Market, By Type
7 Nanocellulose Market, By Application
8 Nanocellulose Market, By Region
9 Competitive Landscape
10 Company Profiles
American Process Blue Goose Refineries Borregard ASA Cellucomp Celluforce Diacel Finechem Ltd. Fpinnovations Innventia Kruger Inc. Melodea Nippon Paper Oji Holdings Sappi Stora Enso UPM-Kymmene OYJ VTT Technical Research Centre of Finland Weidmann Fiber TechnologyFor more information about this report visit https://www.researchandmarkets.com/research/l5g453/661_million?w=4
