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(Construction.IndustryNews247.Com, August 21, 2018 ) Industry Outlook & Trend Analysis.
The Nano cellulose Market was worth USD 100.67 million in 2014. Nano cellulose is a light solid, pseudo-plastic material derived from plants which contains Nano sized cellulose fibrils and are favored due to their supreme strength equal to Kevlar. Nano Cellulose is a completely renewable material and is perfect for making body armor. Due to its highly porous and absorbent nature it can be used as a dressing for wounds. The Nano-Cellulose market is driven by increasing petroleum prices and high energy intensity during the production of synthetic polymers and chemicals. Its wide range application in bio-degradable packaging, wound healing, artificial skin, etc. are creating greater opportunities for the Nano-Cellulose Market.
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Type Outlook & Trend Analysis
According to the type the Nano-cellulose market is divided into Cellulose nanocrystals, Cellulose Nano fibrils, cellulose nanocomposites, and others. Cellulose Nano fibrils are derived from renewable agricultural and forest resources. These have proved to have exceptional performance in composites. Nano fibrils market will hold the largest share in market by 2024.
Application Outlook & Trend Analysis
Based on application the market is segmented as Rheology Modifier, Flexible Electronics and Sensors, Composites and Packaging, Paper and Paper Board, Biomedicine and Others. Packing and Pharmaceuticals are growing rapidly and contributing to the growth of Nano Cellulose market. The Integration of nanomaterials in packing will help in reduction of food waste as it can preserve the freshness of food. Due to its high strength to weight ratio its usage in automobiles is been planned. The Nano Cellulose market is thus foreseen to have a lucrative growth during the forecast period.
Regional Outlook & Trend Analysis
According to the region, the Nano-Cellulose Market is segmented as North America, Asia-Pacific, Europe and Rest of World. Owing to technological advancements, focus on bio-degradable packing and advancements in healthcare industry, North America is the biggest market for Nano cellulose and is foreseen to rule. Europe will secure second position in terms of market growth for Nano cellulose. Due to presence of many developing countries and their exponential growth rate, Asia-Pacific region will grow steadily during the forecast period.
Competitive Insights
The leading players in market are Borregard ASA, CelluForce Inc, Innventia AB, Sappi Ltd, Kruger Inc, Diacel Finechem Ltd, Nippon Paper Group Inc, J. Rettenmaire & Sohne GmBH (JRS), UPM-Kymmene OYJ, Fpinnovations, American Process Inc and Melodea Ltd.The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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The Nano cellulose Market is segmented as follows-
By Type:
Cellulose nanocrystals
Cellulose Nano fibrils
Cellulose nanocomposites
Others
By Application:
Rheology Modifier
Flexible Electronics and Sensors
Composites and Packaging
Paper and Paper Board
Biomedicine
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
South Africa
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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Qurate Business Intelligence
Nehal Chinoy
+919881074592
nehal@qurateresearch.com
Source: EmailWire.Com 
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