Nanocrystalline Cellulose Market Growth, Analysis, Opportunities and Top Companies and Business Development Forecast
Derived from woody biomass, nanocrystalline cellulose are the
fundamental raw materials for natural cellulose which can be procured in
nanometers dimension. Nanocrystalline cellulose is processed into solid flake,
liquid, or gel forms. The nanocrystalline cellulose demand is rising across
various industries such as composites manufacturing, biomedical, and paper
processing. The increasing demand for the product in these industries is also
likely to boost the nanocrystalline cellulose market. The use of nanocrystalline
cellulose in paper commodities helps to enhance the bond strength for a pair of
fibers.
Some of the other end-user segments include personal care,
pharmaceuticals, food & beverages, etc. Promising end-user segments include
construction, textiles, and oil & gas. The nanocrystalline cellulose market
products find its use in industrial applications such as rheology modifiers.
Constant technological advancements, innovations made in pharmaceutical and
personal care industries, and increased focus on biodegradable commodities are
enhancing the nanocrystalline cellulose demand and, in turn, helping the
nanocrystalline cellulose market expand.
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Nanocrystalline cellulose products are often used in the packaging
sector because of their fully biodegradable nature. In addition to this,
globally they receive large attention because of their characteristics such as
biodegradability, biocompatibility, low toxic nature, and surface chemistry.
Large Capital Costs Could Impact Capacity Expansion in Production
Plants For Nanocrystalline Cellulose
Nanocrystalline cellulose is also popular because of
characteristics such as low density, a high degree of thermal stability and,
high tensile strength. One of the important properties of nanocrystalline
cellulose is its high surface area. This nature of products in the
nanocrystalline cellulose market helps combine strongly with elements such as
organic compounds, polymeric compounds and, water. n Nanocrystalline cellulose
market products do not pose any major environmental issues as well.
While the demand for nanocrystalline cellulose is high among many
end-user segments, the big capital costs have proven to be a hindrance to capacity
expansion. The capacity growth of production plants needs the connection of
advanced equipment as well as costly technology and quality management systems.
The unavailability of suitable instrumental infrastructure could impact
large-scale nanocrystalline cellulose production, which may also have a
negative impact on the nanocrystalline cellulose market
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When cellulose fibrils hydrolyzed with acids, it leads to the
production of commercial nanocrystalline cellulose, the nanocrystalline
cellulose which is produced from this process is free of any amorphous
particles. However, the commercial production of nanocrystalline cellulose is
still at a rudimentary stage.
Governments around the world are making investments in
nanomaterials research and other developmental activities. Countries such as
Canada, Australia, Sweden, and the U.S. have conducted research and development
activities to help promote the manufacturing of nanocrystalline cellulose on a
commercial scale in the past 10 years.
The nanocrystalline cellulose market is projected to expand
significantly during the forecast period of 2018-2026 because of the usage of
high-scale equipment. Manufacturers are looking to gain a competitive edge in
the nanocrystalline cellulose market by procuring advanced technologies. But
the optimization of the production process of nanocrystalline cellulose needs a
greater research.
There has been a significant increase in research on
nanocrystalline cellulose products recently. Nanotechnology innovations is a
crucial factor, which is driving the nanocrystalline cellulose market. Some of
the important players in the nanocrystalline cellulose market include
Borregaard, CelluForce, UPM, Nippon Paper Industries, and American Process Inc,
etc.
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Governments Worldwide Investing in Nanomaterials Research to
Promote Nanocrystalline Cellulose Manufacturing
An increase in the use of nanocrystalline cellulose in areas such
as biomedical construction, oil and gas industries, and packaging, are
estimated to drive the nanocrystalline cellulose market. Nanocrystalline
cellulose products worldwide are witnessing an increase in popularity because
they can be used in several end-user industries some of which include,
manufacturing, food and beverage, personal care, packaging etc,, and this could
have a further positive impact on the nanocrystalline cellulose market.
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