Dublin, May 03, 2023 (GLOBE NEWSWIRE) -- Maximize Market Research, a global Material & Chemical market research firm has published competitive intelligence and market research report on the “Cellulose Nanocrystals Market“. The Cellulose Nanocrystals Market size was valued at USD 320.6 Bn in 2022. The total Cellulose Nanocrystals Market revenue is expected to grow at a CAGR of 23.3 percent from 2022 to 2029, reaching USD 1080.8 Bn during the forecast period.
| Market Size in 2022 | USD 320.6 Bn |
| Market Size in 2029 | USD 1080.8 Bn |
| CAGR | 23.3 percent (2022-2029) |
| Forecast Period | 2023-2029 |
| Base Year | 2022 |
| Number of Pages | 260 |
| No. of Tables | 125 |
| No. of Charts and Figures | 115 |
| Segment Covered | By End-Use, Application, Source, Grade, Crystal Type, and Manufacturing Process |
| Regional Scope | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Report Coverage | Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis. |
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Cellulose Nanocrystals Market Scope and Research Methodology
The report includes a detailed analysis of the Cellulose Nanocrystals Market. The competitive analysis in the report includes a company overview, financial performance, product portfolio, and strategies of the key players in the Cellulose Nanocrystals industry. Key insights provided in the report are the major drivers of the Cellulose Nanocrystals Market, the challenges faced by the market participants, and growth prospects in the Cellulose Nanocrystals Market across the world. The Cellulose Nanocrystals Market report covers a detailed analysis of the investments of market players to increase their global presence in the industry, which makes it an investor’s guide.
The segments covered in the report are End-Use, Application, Source, Grade, Crystal Type, and Manufacturing Process. Primary and Secondary research method was used to collect data for the Cellulose Nanocrystals market report. Primary research was conducted to validate the findings from the secondary research method. The Cellulose Nanocrystals size was estimated by using a bottom-up approach.
Cellulose Nanocrystals Market Overview
Cellulose Nanocrystals are a type of nanomaterial derived from cellulose, which is the most abundant biopolymer. Cellulose Nanocrystals are unique nanomaterial’s derived from the abundant and inexhaustible natural polymer, cellulose. These nanomaterial’s have significant interest due to their rheological properties.
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Increased demand for sustainable and eco-friendly products to boost the Cellulose Nanocrystals Market growth
Increasing awareness about environmental concerns and the need for sustainable development is expected to boost market growth. Increasing demand for Cellulose Nanocrystals from the packaging industry to improve their mechanical strength and barrier properties significantly contribute for the growth of Cellulose Nanocrystals Market. Growing use in the aerospace and automotive industries, where lightweight materials are essential and is expected to boost the Cellulose Nanocrystals market growth. Advancements in production Crystal Type and Emerging Applications for Cellulose Nanocrystals is expected to boost the market growth.
Competition from other Nanomaterials, such as carbon nanotubes, Graphene, and Nano clays is expected to restrain the Cellulose Nanocrystals Market growth.
North America region to dominate the Cellulose Nanocrystals Market over the forecast period
High demand for Cellulose Nanocrystals in the region is expected to boost the regional market growth over the forecast period. Presence of several key players and research institutions, growing demand for eco-friendly materials in various industries significantly contribute for the growth of the market. Europe has a well-established infrastructure for research and development, and is expected to dominate the market over the forecast period. Increasing demand for sustainable materials in Asia Pacific is expected to fuel the regional Cellulose Nanocrystals Market growth.
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Cellulose Nanocrystals Market Segmentation
By End-Use:
- Packaging
- Composites
- Biomedicine
- Textiles
- Personal Care
- Electronics
- Others
By Application:
- Reinforcing Agent
- Barrier Agent
- Rheology Modifier
- Coating Agent
- Drug Delivery
- Optical Films
- Others
By Source:
- Wood-Based
- Non-Wood Based
- Ramie
- Sisal
- Valonia/Cladophora
- Tunicates
- Bacteria
By Grade;
- Technical Grade
- Pharmaceuticals Grade
- Food Grade
By Crystal Type:
- Cellulose Nanocrystals(CNCs)
- Bacterial Nanocrystals(BNCs)
- Tunicate Nanocrystals(TNCs)
By Manufacturing Process:
- Acid Hydrolysis
- Enzymatic Hydrolysis
- Others
Cellulose Nanocrystals Market Key Players include
- Cellu Force
- Fiber Lean
- Nippon Paper Industries Co. Ltd.
- Kruger Inc.
- Borregaard AS
- CelluComp
- Melodea Ltd.
- Blue Goose Refineries
- GranBio Technologies
- Stora Enso Biomaterials
- Sappi
- American Process Inc
- Stora Enso
- Melodea
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Key questions answered in the Cellulose Nanocrystals Market are:
- What is Cellulose Nanocrystals Market?
- What was the Cellulose Nanocrystals market size in 2021?
- What is the expected Cellulose Nanocrystals market size by 2029?
- What is the growth rate of the Cellulose Nanocrystals Market?
- Which are the factors expected to drive the Cellulose Nanocrystals market growth?
- Which segment dominated the Cellulose Nanocrystals market growth?
- What is the demand pattern for the Cellulose Nanocrystals market?
- Which region held the largest share in the Cellulose Nanocrystals market?
- Who are the key players in the Cellulose Nanocrystals market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by End-Use, Application, Source, Grade, Crystal Type, Manufacturing Process and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:
Nitrocellulose Market: The total market size was valued at USD 537.76 Mn in 2022, and it is expected to reach USD 831.84 Mn by 2029 with a CAGR of 6.43 percent during the forecast period. Wide range of applications and Increasing the Platform for E-Commerce is expected to boost the market growth.
Cellulose Sponge Market: The total market size is expected to grow at a CAGR of 4 percent during the forecast period and is expected to reach USD 3.64 Bn by 2029. Increasing demand for cellulose sponge in various industries and household applications is expected to boost the market growth.
Cellulose Films Market: The total market size is expected to reach 1109.83 USD Mn in year 2029, at a CAGR of 5.1 percent during the forecast period. The supportive government policies for the chemical industry and consumer awareness are expected to boost the market growth.
Carboxymethyl Cellulose Market: The total market size was valued USD 1.86 Bn in 2021 and is expected to reach at USD 2.77 Bn by the end of 2029, growing at a CAGR of 5.1 percent during the forecast period. Escalating demand for ready-to-eat and low-fat food is expected to boost the market growth.
Microcrystalline Cellulose Market: The total market size is expected to reach 1488.22 USD Mn by 2029, at a CAGR of 6.4 percent during the forecast period. Growing pharmaceutical industry is expected to boost the market growth.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
