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KEY FINDINGS
The North America nano cellulose market is evaluated to grow with a CAGR of 17.61% during the forecast years of 2021 to 2028. The region's key market growth drivers include, the rising aerospace industry, the growing demand for hair dyes and face creams, and the augmenting economy.
MARKET INSIGHTS
The North America nano cellulose market growth is analyzed by assessing Canada and the United States. Canada's economy is highly developed and diverse. Besides, the nation also observed a 2% growth in its gross domestic products (GDP), in 2018. The country's manufacturing industries are augmenting rapidly due to viable research and development infrastructures, and profitable business policies, particularly for global and domestic markets. However, the automotive market's value decreased by more than 8% in 2018, compared to 2017. As a result, in order to bolster Canada's manufacturing activities, the country's automotive division has been associated with the North American Free Trade Agreement (NAFTA). This is projected to considerably influence the nation's automotive industry over the upcoming years.
On the other hand, in 2017, Canada's aerospace sector contributed more than $12 billion to the GDP, with nearly 70% activities linked to aerospace manufacturing and the rest accounting for MRO. The nation is the third-largest, worldwide, in terms of civil aircraft production. Similarly, Canada also harbors the third place in helicopter production, and the second place in business aircraft production, across the globe. Hence, these factors are anticipated to drive the nano cellulose market growth, during the forecast period.
COMPETITIVE INSIGHTS
Key players operating in the market include, American Process Inc, Celluforce, Melodea Ltd, Rise Inventia AB, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments