Cellulose nanoparticles are a new class of cellulose material that are categorized by high aspect ratio, biodegradability, markedly developed specific surface, improved dispersion ability, and presence of proteolytic enzymes. Hence, they can be used as high-quality reinforcing fillers in polymers and biodegradable materials, as thickeners in dispersions, and also as drug carriers along with other applications.
Nanoparticles are extensively used in automotive body components and interiors, packaging, paper coatings, aerospace, construction, personal care, etc. The utility of cellulose nanoparticles arises from their mechanical properties, thermal properties, liquid crystallinity, rheological properties, and optical properties. Cellulose nanoparticles have contributed significantly to the automotive sector during the past decade. These nanoparticles are also used in packaging of food, electronics, and pharmaceuticals.
The cellulose nanoparticles market is segmented based on applications and regions. Applications are classified as high volume, low value, and novel applications. High volume applications comprise automotive-interiors, automotive-body components, and construction-cement, which include pre-stressed and pre-cast concrete. Low value applications consist of construction-air and water filtration, aerogels, and oil and gas industries. Cellulose nanoparticles are employed in organic light emitting diodes (OLEDS) and industrial viscosity modifiers.
Nanoparticles are widely used in diabetic medicines and other pharmaceutical tablets and capsules. They are used to protect food that is used as a low-calorie replacement for carbohydrates. They are also used as flavor carriers, thickeners, and suspension stabilizers in a wide variety of food products and are useful in the preparation of soups, crushes, fillings, gravies, wafers, puddings, chips, etc. Cellulose nanoparticles are super water-absorbent materials. They are used as antimicrobial films and components in superabsorbent polymers.
There is significant amount of research being conducted on nano-organized cellulose materials. Commercial growth of this market is projected owing to some very potential applications. Currently, the cellulose nanoparticle industry has reached an intermediary phase where it is slowly leaving laboratories and is being increasingly used in commercial markets. The industry is witnessing productive speculations from government affiliations and private companies and is projected to achieve new heights with growing applications in different fields.
Demand for cellulose nanoparticles is increasing in North America due to high demand from nanotechnology and nanomedicine. Growth in the automotive industry is expected to augment the cellulose nanoparticles market. Europe is expected to showcase a similar trend on account of presence of aerospace industries in countries such as Germany and Italy. Asia Pacific is expected to be the fastest-growing market across the globe on account of rising disposable income in countries such as China and India. Subsequently, growth in the automotive industry in the region is expected to augment the cellulose nanoparticles market. China is expected to be one of the leading regional markets across the globe owing to growth in construction and automotive industries. Akin to Asia Pacific, Latin America is expected to expand on account of growth in the construction industry in economies such as Brazil. Demand for cellulose nanoparticles is anticipated to be high in Middle East and Africa due to significant investments in the construction sector in countries in GCC and South Africa.
Some of the key players in the cellulose nanoparticles market include Cocosong Food Industries, Blue Goose Biorefineries Inc., Earthrise Nutritionals LLC, Bowil Biotech, Borregaard, Colorado School of Mines, and CelluComp Ltd.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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