Nanocellulose Market - Global Industry research Report, 2014 – 2020
Nanocellulose a versatile material derived from wood fiber. Owing to some unique properties, nanocellulose has applications in various sectors. Nanocellulose is renewable, biodegradable, and non toxic material. Various forms of nanocellulose are manufactured and have different applications, Major forms include Nanofibrillated cellulose (NFC), Nanocrystalline cellulose (NCC), Bacterial cellulose (BC). NCC is found to be stronger than carbon fiber and also possesses unique optical and electrical properties. Some of the key properties of nanocellulose are mentioned as follows:
- Nanocellulose is strong and light weight
- Nanocellulose is electrically conductive
- Nanocellulose is also proven to be non toxic
- Nanocellulose can be manufactured in large quantities at low costs as compared to standard plant-based materials
- Nanocellulose is prepared from cellulose which is one of the most abundant raw materials.
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Currently majority of the applications of nanocellulose are confined to composites, paints, and coatings. Healthcare related applications account for only 5% to 10% of the total nanocellulose applications. In healthcare, nanocellulose applications include antimicrobial films, bio-barriers, bio-polymers and water absorbent pads. Nanocellulose has been used as a tablet binder in pharmaceutical companies. Gradually nanocellulose application is increasing in sanitary napkins, tampons, advanced wound dressing owing to absorbent properties. Nanocellulose thus can play a vital role in developing the existing healthcare products. As more and more research activities are carried out across the globe, the market will be seeded with newer products. Besides being environmentally friendly, the acceptance of nanocellulose based products is bound to increase. Combined effect of these factors will be a dynamically growing nanocellulose market. The market will however be impeded by inadequate knowledge of optimized process for large scale production. Although research has been carried out in the area of nanocellulose application, few initiatives have been taken to optimize large scale nanocellulose production. As the nanocellulose industry prospers, the need for industrial production will bring in new manufacturing processes.
As nanocellulose is a substitute for existing products, reliable and reproducible data must be available for building trust and commercialization of nanocellulose based products. Research institutes and nanocellulose manufacturers will play a major role to overcome this barrier. Appropriate product positioning and promotional activities will guide the customers toward adoption of nanocellulose. Increasing awareness of application of nanocellulose in various pharmaceutical products will accelerate the replacement of older materials with nanocellulose, resulting in evolution of improved products. Being a new product, onus will lie on the initial members of the value chain to build efficient and cost effective raw material alternatives.
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