Nanocellulose Material Market Size-By Type, By Raw Material, By Application-Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Nanocellulose Material Market Overview
According to SPER Market Research, the Global Nanocellulose Material Market is estimated to reach USD 3.36 billion by 2032 with a CAGR of 22.96%. Nanocellulose is suitable for producing a wide range of products due to its various properties such as increased paper machine efficiency, better filler content, lighter base mass, and higher freeness. The food and beverage industries, as well as the paper and pulp industries, are major drivers of product growth in the country. The increasing awareness and insistence on highly advanced sustainable products, as well as paper-based packaging in the food and beverage industries, is driving demand in the country.
Impact of COVID-19 on the Global Nanocellulose Material MarketThe nanocellulose market has grown at an unprecedented rate over the last decade, with researchers and companies working to develop novel applications for these materials. Furthermore, the demand for sustainability increased the demand for bio-based materials such as nanocellulose in the production of composites and packaging products. However, the pandemic had a significant impact on the demand for nanocellulose, particularly in the paper and pulp industries.
Scope of the Report:Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Type, By Raw Materials, By Application.
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered Blue Goose Refineries,Borregaard AS, Cellu Force, CelluComp, Fiber Lean, GranBio Technologies, Kruger INC, Melodea Ltd, NIPPON PAPER INDUSTRIES CO.
Global Nanocellulose Material Market Segmentation:
By Type: Based on the Type, Global Nanocellulose Material Market is segmented as; MFC & NFC, CNC/NCC, BNC, TC, ANC, CNY, Others.
By Raw Material: Based on the Application, Global Nanocellulose Material Market is segmented as; Wood, Non-Wood
By Application: Based on the Technology, Global Nanocellulose Material Market is segmented as; Pulp & Paper, Composites, Biomedical & pharmaceuticals, Electronic Sensor, Cosmetics, Oil, Gas, Food & Beverage, Others.