Global Nanocellulose Market 2023-2027
The nanocellulose market is forecasted to grow by USD 276.36 mn during 2022-2027, accelerating at a CAGR of 14.37% during the forecast period. The report on the nanocellulose market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for nanocellulose in packaging applications, advancements in nanotechnology for producing nanocellulose, and increasing demand for lightweight materials.
Technavio's nanocellulose market is segmented as below:
By Product
- Nano-fibrillated cellulose
- Nano-crystalline cellulose
- Bacterial nanocellulose
By Type
- Composites
- Paper processing
- Oil and gas
- Paints and coatings
- Others
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the increasing use of nanocellulose in pharmaceutical industry as one of the prime reasons driving the nanocellulose market growth during the next few years. Also, growing demand for green alternatives to non-renewable materials and growing use of nanocellulose in oil and gas industry will lead to sizable demand in the market.
The report on the nanocellulose market covers the following areas:
- Nanocellulose market sizing
- Nanocellulose market forecast
- Nanocellulose market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading nanocellulose market vendors that include American Process International LLC, Asahi Kasei Corp., Axcelon Biopolymers Corp., Blue Goose Biorefineries Inc., Borregaard ASA, CelluComp Ltd., CelluForce Inc., Daio Paper Corp., FiberLean Technologies Ltd., GranBio Investimentos SA, GS Alliance Co. Ltd., Kruger Inc., Nature Costech Co. Ltd., Nippon Paper Industries Co. Ltd., Oji Holdings Corp., RISE Research Institutes of Sweden, Sappi Ltd., Stora Enso Oyj, UPM Kymmene Corp., and Weidmann Holding AG. Also, the nanocellulose market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.