Nanocellulose Market Segmentation:
Type Segment Analysis
The nano-fibrillated cellulose segment is estimated to gain the largest market share in the year 2035. The growth of the segment can be attributed to the radically expanding production of cement globally as well as the growing utilization of nano-fibrillated cellulose in the cement industry, owing to their easy availability, higher tensile strength, large surface area, and potential to enhance the durability of cement composites. China the largest producer of the most cement in the world produced around 2.1 billion metric tons in 2022. Moreover, the heightening demand for NFC from numerous end-use industries including food and beverage, oil & gas, aerospace, automotive, and personal care industries which are expanding exponentially.
End-user Segment Analysis
The pulp & paper segment is expected to garner a significant share in the year 2035. The factors applicable for growth of the segment include the growing demand for paper globally owing to its increasing demand for end-products such as books, diapers, paper towels, napkins, newspapers, magazines, maps, toilet tissue and from many end-use industries such as the packaging industry, just to name a few. The data from the International Energy Agency (IEA) revealed that paper production worldwide is forecasted to grow by 1.2% annually.
The biomedical segment is estimated to garner the highest share in the forecast period owing to the radically surging investment in the development of materials, therapies, devices, technology, systems, methods, and processes to facilitate the understanding of human disease, or its, monitoring, prevention, diagnosis, and treatment.
Our in-depth analysis of the global market includes the following segments:
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