Nanocrystalline Cellulose Market Forecasts to 2028 – Global Analysis By Type (Bacterial Cellulose (BC), Nanofibrillated Cellulose (NFC), Nanocrystalline Cellulose (NCC), Microfibrillated Cellulose (MFC) and Other Types), Raw Material (Wood and Non Wood),

Nanocrystalline Cellulose Market Forecasts to 2028 – Global Analysis By Type (Bacterial Cellulose (BC), Nanofibrillated Cellulose (NFC), Nanocrystalline Cellulose (NCC), Microfibrillated Cellulose (MFC) and Other Types), Raw Material (Wood and Non Wood), Grade, Form, Source, Application and By Geography

According tStratistics MRC, the Global Nanocrystalline Cellulose Market is accounted for $353.88 million in 2022 and is expected treach $1,056.68 million by 2028 growing at a CAGR of 20.0% during the forecast period. Cellulose nanocrystals are unique nanmaterials derived from the most abundant and almost inexhaustible natural polymer, cellulose. They are a cellulose derivative that may be made by acid hydrolyzing cellulose. Nanocrystalline cellulose alsknown as cellulose nanowhiskers. They are needle-shaped cellulose particles. It is employed tstabilize nanparticles with particular functionalities for certain applications. The high permeability of amorphous materials and the low losses of ferrite materials are combined in nanocrystalline materials. They exhibit greater potency, hardness, diffusivity, corrosion resistance, and fatigue resistance. It offers benefits including high strength, effective oxygen barrier, low density, mechanical attributes, and biocompatibility.

According tCEPI (Confederation of European Paper), paper and board consumption surged by 5.8% and production increased by 6.1% within the same period, while paper mill operating rates increased t90.0% from 85.0% in 2020.

Market Dynamics:

Driver:

Raising demand for alternative products

Nanocellulose is added tgive the product attributes including biodegradability, transparency, flexibility, high mechanical strength and stiffness, low toxicity, low weight, and barrier qualities. Because of its improved qualities, nanocrystalline cellulose can substitute petroleum-based packaging, metallic parts, and other non-renewable materials. These factors have positively impacted the growth of the market.

Restraint:

Strict regulations

Certain nation’s regulatory frameworks act as market inhibitors for nanocrystalline products. The market's expansion is being severely hampered by the ambiguous laws in different nations and the shifting rules on the many emerging economies.

Opportunity:

Growing interest in health issues

Due tgrowing public awareness of the risks that toxic chemical goods pose thuman health and the environment, more attention is being paid tthe product's manufacturing process. They are renewable and biodegradable in nature because cellulose nanocrystals are made from naturally existing cellulose fibers. Due ttheir reactive characteristics and tolerance tstomach acid, they offer a great deal of promise for application in diets. These elements are accelerating the market's expansion.

Threat:

Product standardization problems

Achieving product standards for nanocrystalline cellulose is still a process that businesses are going through. Cellulose material’s structure, surface characteristics, and functionality need tbe better characterized. Maintaining good quality is difficult since these products are mass-produced. The market's expansion is being hampered by these factors.

Covid-19 Impact

The market for nanocrystalline cellulose stayed stable during the epidemic. The biological and pharmaceutical industries have experienced an upsurge in demand for nanocrystalline cellulose. Agricultural waste and nanocellulose-based materials from paper businesses contributed significantly tthe availability of a wide range of cellulose-based goods for the general public and healthcare professionals. Shortages of personal protection equipment (PPE) increased demand of the market.

The nanofibrillated cellulose (NFC) segment is expected tbe the largest during the forecast period

The nanofibrillated cellulose (NFC) segment is estimated thave a lucrative growth, due teasy availability and improved tensile properties. It is useful for a variety of commodities because tits diverse properties, including lighter basic mass, greater filler content, enhanced paper machine efficiency, and higher freeness. It’s high crystalline, greater purity, improved mechanical strength and antibacterial properties are driving the segment’s growth.

The paper & paperboard segment is expected thave the highest CAGR during the forecast period

The paper & paperboard segment is anticipated twitness the fastest CAGR growth during the forecast period, due tits high strength and low density. They were successfully prepared from waste newspapers through a simple pre-treatment and hydrolysis process. It has a high value utilization of secondary fiber. Improved strength and durability are fuelling the segment’s growth.

Region with largest share:

North America is projected thold the largest market share during the forecast period owing tincreased infrastructure projects. The usage of nanocellulose in the creation of functional food items has substantially benefited from American’s concern for their health. The region's expanding food and beverage, oil and gas, paints & coatings, construction, and other businesses, together with significant government investments are driving up market demand.

Region with highest CAGR:

Europe is projected thave the highest CAGR over the forecast period, owing tthe growing demand for pulp and paper. Europe is anticipated tbe the largest consumer of nanocellulose due tits high consumption potential, rising manufacturing capacity, rising economic development rate, growing need for lightweight passenger cars, desire for environmentally friendly food and beverage packaging and restrictions on single-use plastic packaging.

Key players in the market

Some of the key players profiled in the Nanocrystalline Cellulose Market include NIPPON PAPER INDUSTRIES CO LTD, Stora EnsBiomaterials, Kruger INC, CelluForce, CelluComp, FiberLean Technologies, Melodea Ltd, Borregaard AS, Axcelon Biopolymers Corporation, GranBiTechnologies, Chuetsu Pulp and Paper Co, Blue Goose Refineries, Daicel Finechem Ltd, Norske Skog ASA, Sappi Ltd, University of Maine, Oji Holdings Corporation, American Process Inc, UPM and RISE Innventia AB.

Key Developments:

In February 2023, FiberLean.com launched an entirely new website featuring innovative, productive, and game-changing advantages from their scalable MFC (micro-fibrillated cellulose) Modules. The site showcases a portfoliof unique formulations, equipment, and knows how tconvert brown board grades tWhite Top without spending millions.

In February 2023, Nippon Paper Industries Co., Ltd announced the establishment of a manufacturing and sales subsidiary in Hungary for CMC (carboxymethyl cellulose, product name: SUNROSE MAC®), which is one of the materials used for lithium-ion battery (LiB) anodes in electric vehicles (EV), tjoin its rapidly growing supply chain system in Europe.

In September 2020, CelluForce announced the signature of a commercial agreement that will generate multi-million-dollar sales over 10 years. The deal, signed with a multinational company in the cosmetics sector, will require the construction of a new, larger-capacity plant in the near future. Under the terms of the agreement, the multinational customer is granted a worldwide exclusivity for the commercialization of CNC-based cosmetics products.

Types Covered:
• Bacterial Cellulose (BC)
• Nanofibrillated Cellulose (NFC)
• Nanocrystalline Cellulose (NCC)
• Microfibrillated Cellulose (MFC)
• Other Types

Raw Materials Covered:
• Wood
• Non Wood

Grades Covered:
• Industrial Grade Nanocrystalline Cellulose
• Pharmaceutical Grade Nanocrystalline Cellulose
• Food Grade Nanocrystalline Cellulose

Forms Covered:
• Liquid
• Powder

Sources Covered:
• Hardwood Pulp
• Softwood Pulp

Applications Covered:
• Composites
• Pharmaceuticals
• Paper & Paperboard
• Electronics
• Food & Beverages
• Paints & Coatings
• Textiles & Nonwovens
• Cosmetics & Toiletries
• Filter Materials
• Oil & Gas
• Packaging
• Other Applications

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements