Dec 12, 2017   SOURCE: BusinessWire

Global Cellulose Nanoparticle Market (2017-2023): Surging Demand in Pharmaceutical & Cosmetic Industries - Research and Markets

The "Global Cellulose Nanoparticle Market Research Report Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report has been added to Research and Markets' offering.

The global cellulose nanoparticles market is anticipated to rise with a CAGR of about 29.4% during the forecast years 2016-2023.

Easy availability of raw material is driving the market growth in cellulose nanoparticle market. Other factors that includes increasing demand of cellulose nanoparticles in pharmaceutical and cosmetic industries, surging demand of cellulose nanoparticles in packaging applications and large utilization of cellulose nanoparticles as a composite in automotive industry also helps to back the market growth. However, lack of awareness towards cellulose nanoparticle products and manufacturing a high-performance product is a major challenge for the manufacturers.

On the basis of applications, the cellulose nanoparticle market has been segmented into high volume applications, low volume applications and novel applications. Based on high volume applications, the nanocellulose particle market is further sub segmented into automotive, construction-cement, packaging, personal care- hygiene and absorbent products, textile and other applications. On the basis of low volume application, the market is further sub segmented into aerogels, construction (air and water filter, insulation and soundproofing), personal care (pharmaceutical excipients and cosmetics) and other applications. Novel applications of cellulose nanoparticles include OLED, Photonic structure films and other novel applications. Among the application segments, high volume application segment that includes automotive, construction (cement), packaging and others dominates the market share. In automotive interior, Cellulose nanofibers are largely utilized in the production of nanoparticulate air filters. Thus high utilization of cellulose nanoparticles composites in the manufacturing of automotive components and interiors is driving the growth of this segment.

Companies Mentioned

  • Alberta Innovates
  • Basf Corp.
  • Bc Genesis Llc
  • Borregard
  • Bowil Biotech
  • Cellucomp Ltd.
  • Celluforce
  • Cocosong Food Industries Sdn. Bhd.
  • CP Kelco
  • Daicel Corp.
  • Earthrise Nutritionals Llc
  • Forest Product Laboratories
  • Melodia Ltd.
  • Nippon Paper Crecia Co. Ltd.
  • Zelfo Technologies.

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Global Cellulose Nano Particle Market By Region

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/43hz2g/global_cellulose