Nanocellulose is a lightweight material processed from plant cellulose or wood pulp. Nanocellulose is produced through chemical or mechanical treatment of cellulose—a biopolymer material abundantly available in nature. Nanocellulose finds wide application across various industries, owing to characteristics such as superior mechanical, thermal, rheological, and structural properties. Unique properties of nanocellulose include high aspect ratio, biodegradability, high strength, and low density.

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Nanocellulose Market Outlook – Increasing Demand for Durable and Light Weight Materials across Industries Fueling Market Growth

Rapidly growing pharmaceuticals and packaging industries is one the major factors underpinning growth of the global nanocellulose market. Asia Pacific is one of the major contributors in the nanocellulose market. This is mainly attributed to the booming industries in developing countries such as India and China. The Indian pharmaceuticals industry accounted for total revenue of US$ 31 billion in 2016. This is augmented by various government initiatives such as Make In India, which has attracted many foreign investors in the region.

Nanocellulose is made from a tightly bonded group of needle-like crystals that makes it incredibly hard. As compared to steel, the strength-to-weight ratio of nanocellulose is eight times higher, making it an ideal material for building strong and light body armor. In the production of nanocellulose, the first stage includes removal of non-cellulose impurities from the wood pulp with the help of a high pressure homogenizer.

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Research and development for increasing the area of application is one of the key strategy adopted by the top players in nanocellulose market. Innovative products such as aerogels, bioactive materials composites, and inorganic/organic hybrid materials are under development. Research is also being carried out for using Nanocellulose in the manufacturing of vehicles, owing to properties such as lightweight and high strength.

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