Nanocellulose Market - Global Industry Analysis and Forecast 2015 - 2021
Persistence Market Research Pvt. Ltd
Nanocellulose [micro/nano fibrillated cellulose (MFC/NFC)] is a material made up of nano-sized cellulose fibrils with a high length to width (aspect) ratio. The typical dimensions ranges from 5-20 nm to severe micrometers. It is pseudo-plastic in nature and presents properties of gel and viscous liquid at normal conditions, but when agitated, become less viscous and can flow as well. This property is known as thixotropy. Owing to this property, nanocellulose is utilized in the wide number of applications.
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The market for nanocellulose is segmented on the basis of applications, such as petroleum and oil industry, construction, paper and pulp, biomedical applications, coatings and films, rheological modification applications, aerogels and composites. In addition, the market is segmented on the basis of manufacturing technology, such as nanocellulose produced by acid hydrolysis, high-pressure homogenization or Brown’s mass manufacturing method. Further, the market is segmented on the basis of geography, such as North America, Europe, Asia-Pacific and Rest ot the World (RoW). The North American market is the most lucrative market owing to extensive R&D. However, the European and Asia-Pacific regions are considered as the most promising markets in the upcoming future.