Nanocellulose Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Nanocellulose Market
The Nanocellulose market size was valued at USD 291.53 million in 2019. The market is projected to grow from USD 1,053.09 million in 2027, exhibiting a CAGR of 19.9% during the forecast period of 2020-2027.
The COVID-19 pandemic negatively impacted the nanocellulose market because of disruptions in global deliver chains, tough paintings shortages, and halted production sports activities. Industries counting on nanocellulose, collectively with packaging, textiles, and vehicle, experienced slowdowns, lowering call for. Additionally, research and development sports in nanocellulose applications confronted delays due to lockdowns and restricted access to laboratories. Economic uncertainty in addition limited investments in sustainable materials like nanocellulose. The decreased business output and interruptions in transportation furthermore affected raw fabric availability and exports, hindering marketplace boom. However, healing started out as industries resumed operations, driven through growing demand for sustainable and biodegradable answers positioned up-pandemic.
A key style inside the nanocellulose marketplace is its developing use in sustainable packaging solutions. With developing environmental issues and stricter suggestions on single-use plastics, industries are moving in the direction of biodegradable and renewable substances. Nanocellulose, derived from herbal fibers, gives exquisite energy, slight-weight houses, and eco-friendliness, making it a really perfect opportunity to traditional packaging materials. Innovations in nanocellulose-primarily based films and coatings, which give barrier homes in competition to moisture and oxygen, are gaining traction in food and beverage packaging. This fashion aligns with the growing patron desire for sustainable merchandise and the worldwide push inside the course of a spherical economic system, using market growth.
One major using factor for the nanocellulose market is the growing call for sustainable and eco-friendly materials throughout industries. As environmental issues develop and guidelines on plastic usage tighten, industries are increasingly adopting biodegradable options. Nanocellulose, derived from renewable assets like wooden pulp, offers outstanding mechanical properties, low weight, and recyclability, making it best for packaging, paper, composites, and clinical applications. Additionally, its use in lightweight automobile and aerospace additives helps strength performance. The global shift closer to a round economic system and inexperienced materials in addition boosts call for, positioning nanocellulose as a key answer for reducing environmental impact and promoting sustainability.
Comprehensive Analysis of Nanocellulose market
The Nanocellulose market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by type include micro fibrillated cellulose, cellulose nanofibrils, cellulose nanocrystals, bacterial cellulose, and others, application include cement & composite materials, textiles & nonwovens, paper & packaging, food products, cosmetics & toiletries, filter materials, and others.
The Europe location lead the Nanocellulose market share percentage via benefitting a marketplace size of USD 108.77 million due to the abundance availability of wood in the Eastern Europe region and regulations on single-use plastic packaging.
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Celluforce, Stora Enso, Norske Skog ASA, The University of Maine, Research Institutes of Sweden, GranBio.
September 2020: CelluForce signed a ten-12 months commercial settlement with a multinational cosmetics enterprise for the different deliver of CNC. To meet growing demand, CelluForce plans to construct a larger plant. The MNC, granted global exclusivity for CNC-based cosmetics, will progressively launch new merchandise during the settlement length.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2016-2027
CAGR 19.9% (2020-2027)
Revenue Forecast in 2027 USD 1,053.09 million
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Volume (Tons); Value (USD Million)
Segmentation By Type, Application and By Geography
By Type
Microfibrillated Cellulose (MFC)
Cellulose Nanofibrils (CNF)
Cellulose Nanocrystals (CNC)
Bacterial Cellulose (BC)
Others
By Application
Cement & Composite Materials
Textiles & Nonwovens
Paper & Packaging
Food Products
Cosmetics & Toiletries
Filter Materials
Others
By Geography
North America
By Application
By Country
U.S. (By Application)
Canada (By Application)
Europe
By Application
By Country
Germany (By Application)
France (By Application)
UK (By Application)
Italy (By Application)
Spain (By Application)
Rest of Europe (By Application)
Asia Pacific
By Application
By Country
China (By Application)
Japan (By Application)
South Korea (By Application)
India (By Application)
Rest of Asia Pacific (By Application)
Rest of World
By Application
By Country
Brazil (By Application)
UAE (By Application)
Others (By Application)
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.
- 4.3. Latest Technological Advancement
- 4.4. Insights on Regulatory Scenario
- 4.5. Porters Five Forces Analysis
- 5. Qualitative Insights on Impact of COVID-19 on Global Nanocellulose Market
- 5.1. Supply Chain Analysis & Challenges due to COVID-19
- 5.2. Steps taken by Government / Companies to Overcome this Impact
- 5.3. Potential Challenges and Opportunities due to COVID-19 Outbreak
- 6. Global Nanocellulose Market Analysis, Insights and Forecast, 2016-2027, by Type
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast (Value & Volume)
- 6.2.1. Microfibrilated Cellulose (MFC)
- 6.2.2. Cellulose Nanofibrils (CNF)
- 6.2.3. Cellulose Nanocrystals (CNC)
- 6.2.4. Bacterial Cellulose (BC)
- 6.2.5. Others
- 7. Global Nanocellulose Market Analysis, Insights and Forecast, 2016-2027, by Application
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast (Value & Volume)
- 7.2.1. Cement & Composite Materials
- 7.2.2. Textiles & Nonwovens
- 7.2.3. Paper & Packaging
- 7.2.4. Food Products
- 7.2.5. Cosmetics & Toiletries
- 7.2.6. Filter Materials
- 7.2.7. Others
- 8. Global Nanocellulose Market Analysis, Insights and Forecast, 2016-2027, by Region
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast (Value & Volume)
- 8.2.1. North America
- 8.2.2. Europe
- 8.2.3. Asia pacific
- 8.2.4. Rest of World
- 9. North America Nanocellulose Market Analysis, Insights and Forecast, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast –
- 9.2.1. By Type (Value & Volume)
- 9.2.1.1. Microfibrilated Cellulose (MFC)
- 9.2.1.2. Cellulose Nanofibrils (CNF)
- 9.2.1.3. Cellulose Nanocrystals (CNC)
- 9.2.1.4. Bacterial Cellulose (BC)
- 9.2.1.5. Others
- 9.2.2. By Application (Value & Volume)
- 9.2.2.1. Cement & Composite Materials
- 9.2.2.2. Textiles & Nonwovens
- 9.2.2.3. Paper & Packaging
- 9.2.2.4. Food Products
- 9.2.2.5. Cosmetics & Toiletries
- 9.2.2.6. Filter Materials
- 9.2.2.7. Others
- 9.2.3. By Country (Value & Volume)
- 9.2.3.1. U.S.
- 9.2.3.1.1. By Application
- 9.2.3.2. Canada
- 9.2.3.2.1. By Application
- 10. Europe Nanocellulose Market Analysis, Insights and Forecast, 2016-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast –
- 10.2.1. By Type (Value & Volume)
- 10.2.1.1. Microfibrilated Cellulose (MFC)
- 10.2.1.2. Cellulose Nanofibrils (CNF)
- 10.2.1.3. Cellulose Nanocrystals (CNC)
- 10.2.1.4. Bacterial Cellulose (BC)
- 10.2.1.5. Others
- 10.2.2. By Application (Value & Volume)
- 10.2.2.1. Cement & Composite Materials
- 10.2.2.2. Textiles & Nonwovens
- 10.2.2.3. Paper & Packaging
- 10.2.2.4. Food Products
- 10.2.2.5. Cosmetics & Toiletries
- 10.2.2.6. Filter Materials
- 10.2.2.7. Others
- 10.2.3. By Country (Value & Volume)
- 10.2.3.1. Germany
- 10.2.3.1.1. By Application
- 10.2.3.2. France
- 10.2.3.2.1. By Application
- 10.2.3.3. UK
- 10.2.3.3.1. By Application
- 10.2.3.4. Italy
- 10.2.3.4.1. By Application
- 10.2.3.5. Spain
- 10.2.3.5.1. By Application
- 10.2.3.6. Rest of Europe
- 10.2.3.6.1. By Application
- 11. Asia Pacific Nanocellulose Market Analysis, Insights and Forecast, 2016-2027
- 11.1. Key Findings / Summary
- 11.2. Market Analysis, Insights and Forecast –
- 11.2.1. By Type (Value & Volume)
- 11.2.1.1. Microfibrilated Cellulose (MFC)
- 11.2.1.2. Cellulose Nanofibrils (CNF)
- 11.2.1.3. Cellulose Nanocrystals (CNC)
- 11.2.1.4. Bacterial Cellulose (BC)
- 11.2.1.5. Others
- 11.2.2. By Application (Value & Volume)
- 11.2.2.1. Cement & Composite Materials
- 11.2.2.2. Textiles & Nonwovens
- 11.2.2.3. Paper & Packaging
- 11.2.2.4. Food Products
- 11.2.2.5. Cosmetics & Toiletries
- 11.2.2.6. Filter Materials
- 11.2.2.7. Others
- 11.2.3. By Country (Value & Volume)
- 11.2.3.1. China
- 11.2.3.1.1. By Application
- 11.2.3.2. Japan
- 11.2.3.2.1. By Application
- 11.2.3.3. South Korea
- 11.2.3.3.1. By Application
- 11.2.3.4. India
- 11.2.3.4.1. By Application
- 11.2.3.5. Rest of Asia Pacific
- 11.2.3.5.1. By Application
- 12. Rest of World Nanocellulose Market Analysis, Insights and Forecast, 2016-2027
- 12.1. Key Findings / Summary
- 12.2. Market Analysis, Insights and Forecast –
- 12.2.1. By Type (Value & Volume)
- 12.2.1.1. Microfibrilated Cellulose (MFC)
- 12.2.1.2. Cellulose Nanofibrils (CNF)
- 12.2.1.3. Cellulose Nanocrystals (CNC)
- 12.2.1.4. Bacterial Cellulose (BC)
- 12.2.1.5. Others
- 12.2.2. By Application (Value & Volume)
- 12.2.2.1. Cement & Composite Materials
- 12.2.2.2. Textiles & Nonwovens
- 12.2.2.3. Paper & Packaging
- 12.2.2.4. Food Products
- 12.2.2.5. Cosmetics & Toiletries
- 12.2.2.6. Filter Materials
- 12.2.2.7. Others
- 12.2.3. By Country (Value & Volume)
- 12.2.3.1. Brazil
- 12.2.3.1.1. By Application
- 12.2.3.2. UAE
- 12.2.3.2.1. By Application
- 12.2.3.3. Others
- 12.2.3.3.1. By Application
- 13. Competitive Analysis
- 13.1. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
- 13.1.1. Fiberlean Technologies
- 13.1.1.1. Overview,
- 13.1.1.2. Products & services,
- 13.1.1.3. SWOT analysis,
- 13.1.1.4. Recent developments,
- 13.1.1.5. strategies,
- 13.1.1.6. financials (based on availability)
- 13.1.2. Kruger, Inc.
- 13.1.2.1. Overview,
- 13.1.2.2. Products & services,
- 13.1.2.3. SWOT analysis,
- 13.1.2.4. Recent developments,
- 13.1.2.5. strategies,
- 13.1.2.6. financials (based on availability)
- 13.1.3. Borregard
- 13.1.3.1. Overview,
- 13.1.3.2. Products & services,
- 13.1.3.3. SWOT analysis,
- 13.1.3.4. Recent developments,
- 13.1.3.5. strategies,
- 13.1.3.6. financials (based on availability)
- 13.1.4. Nippon Paper Group
- 13.1.4.1. Overview,
- 13.1.4.2. Products & services,
- 13.1.4.3. SWOT analysis,
- 13.1.4.4. Recent developments,
- 13.1.4.5. strategies,
- 13.1.4.6. financials (based on availability)
- 13.1.5. Celluforce
- 13.1.5.1. Overview,
- 13.1.5.2. Products & services,
- 13.1.5.3. SWOT analysis,
- 13.1.5.4. Recent developments,
- 13.1.5.5. strategies,
- 13.1.5.6. financials (based on availability)
- 13.1.6. Stora Enso
- 13.1.6.1. Overview,
- 13.1.6.2. Products & services,
- 13.1.6.3. SWOT analysis,
- 13.1.6.4. Recent developments,
- 13.1.6.5. strategies,
- 13.1.6.6. financials (based on availability)
- 13.1.7. Norske Skog ASA
- 13.1.7.1. Overview,
- 13.1.7.2. Products & services,
- 13.1.7.3. SWOT analysis,
- 13.1.7.4. Recent developments,
- 13.1.7.5. strategies,
- 13.1.7.6. financials (based on availability)
- 13.1.8. The University of Maine
- 13.1.8.1. Overview,
- 13.1.8.2. Products & services,
- 13.1.8.3. SWOT analysis,
- 13.1.8.4. Recent developments,
- 13.1.8.5. strategies,
- 13.1.8.6. financials (based on availability)
- 13.1.9. Research Institutes of Sweden (RISE)
- 13.1.9.1. Overview,
- 13.1.9.2. Products & services,
- 13.1.9.3. SWOT analysis,
- 13.1.9.4. Recent developments,
- 13.1.9.5. strategies,
- 13.1.9.6. financials (based on availability)
- 13.1.10. GranBio
- 13.1.10.1. Overview,
- 13.1.10.2. Products & services,
- 13.1.10.3. SWOT analysis,
- 13.1.10.4. Recent developments,
- 13.1.10.5. strategies,
- 13.1.10.6. financials (based on availability)
- 13.1.11. CelluComp
- 13.1.11.1. Overview,
- 13.1.11.2. Products & services,
- 13.1.11.3. SWOT analysis,
- 13.1.11.4. Recent developments,
- 13.1.11.5. strategies,
- 13.1.11.6. financials (based on availability)
- 13.1.12. Other Key Players
- 13.1.12.1. Overview,
- 13.1.12.2. Products & services,
- 13.1.12.3. SWOT analysis,
- 13.1.12.4. Recent developments,
- 13.1.12.5. strategies,
- 13.1.12.6. financials (based on availability)
- 14. Strategic Recommendations
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook