Report Id: SNS/C&M/1817 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Nanocellulose Market Size was valued at USD 318.86 million in 2022, and is expected to reach USD 1514.36 million by 2030, and grow at a CAGR of 21.5% over the forecast period 2023-2030.
Nanocellulose is a solid material made from plants that is made up of tiny fibres of cellulose. It is a lightweight material that looks like plastic and has special gels or fluids that are thick in normal conditions. It can be made from any cellulosic material, but most of the time it is made from wood pulp. It is a strong, biodegradable, lightweight, cost-effective, stretchable, optical, and economical material of the future that can be used to make solar cells, generators, touch sensors, mobile phones, computers, and other consumer goods. It is also a renewable material.
Nanocellulose is also getting better properties, like being stable in size and temperature and being able to hold a lot of water. This means that it could be used in paints and coatings, paper and board, personal care, oil and gas, composites and packaging, and other places. Aside from that, nanocellulose has properties like fast viscosity recovery, extreme shear thinning, better particle dispersion, and particle stabilisation, which makes it a great choice for many reinforcement applications.
Market Dynamics:
Drivers:
Demand for sustainable products is growing, and material science is getting better.
Nanocellulose research in developed countries is paid for by both private and public money.
Increasing the production and sales of cars, growing the cosmetics market, and making people's lives better.
Restraints:
Costs of making things go up
Rules and regulations
Opportunity:
Pay attention to making vehicles lighter.
Innovative Nanocellulose Applications
Putting together public-private partnerships
Bringing more attention to the possible uses of nanocellulose
Challenge:
Standardization of products
Need for High-Tech Equipment and Know-How
Lack of awareness
Impact of Covid-19:
In the last ten years, the nanocellulose market has grown at a rate that has never been seen before. Researchers and companies are looking into new ways to use these materials. Also, the need for sustainable products drove the need for bio-based materials like nanocellulose, which are used to make composites and packaging. But the pandemic hurt the need for nanocellulose a lot, especially in the paper and pulp industry. Nanocellulose use went down as people stopped using paper for things like magazines and newspapers and instead read things online. But the companies started making PPE like masks and gowns out of nonwovens made from pulp. This increased the demand for nanocellulose because it made the products less porous and water-repellent.
Key Players:
Nippon Paper Industries C0 Ltd, Rettenmaier & Sohne GmbH + Co KG , UPM, Daicel Finchem Ltd, Stora Enso,Celluforce, Sappi Ltd, Borregard, American Process Inc., Kruger Inc, and other players.
Market Segmentation
By Type
MFC & NFC
CNC/NCC
Others
By Raw Material
Wood
Non-wood
By Application
Pulp & Paper
Composites
Biomedical & Pharmaceuticals
Electronics Sensors
Others
Regional Analysis:
The Nanocellulose Market is broken up into Europe, North America, Latin America, the Middle East, Asia-Pacific, and Africa in terms of its location. During the forecast period, Asia-Pacific is expected to grow at a high CAGR due to the growth of composites and packaging and the auto industry. The number of people in the middle class is growing, and more and more people are buying lightweight cars. Also, they have access to cheap labour and raw materials, have low manufacturing costs, and have regulations that aren't too strict.
The Nanocellulose Market is expected to grow slowly in North America because production capacities are growing, demand is high, and the rate of economic growth is going up. The US and Canada are the main drivers of growth in this region, and they are expected to see a lot of demand over the next few years. The demand in this region is growing because the cosmetics and personal care industries are growing. The demand for this market in Europe is expected to grow at a fast rate. This is because countries like Italy, Poland, Germany, the UK, Spain, France, and Russia are spending more on innovation and their consumers have more money to spend. Latin American countries like Argentina, Colombia, and Brazil should see moderate growth because more and more people are spending money on cosmetics and personal care products.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 318.86 Million |
Market Size by 2030 | US$ 1514.36 Million |
CAGR | CAGR of 21.5% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By type (MFC & NFC, CNC/NCC, Others) • By raw material (Wood, Non-wood) • By application (Pulp & Paper, Composites, Biomedical & Pharaceuticals, Electronics Sensors, Others) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Nippon Paper Industries C0 Ltd, Rettenmaier & Sohne GmbH + Co KG , UPM, Daicel Finchem Ltd, Stora Enso,Celluforce, Sappi Ltd, Borregard, American Process Inc., Kruger Inc, and other players. |
DRIVERS | • Demand for sustainable products is growing, and material science is getting better. • Nanocellulose research in developed countries is paid for by both private and public money. • Increasing the production and sales of cars, growing the cosmetics market, and making people's lives better. |
Restraints | • Costs of making things go up • Rules and regulations |
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Nippon Paper Industries C0., Ltd (Japan), Rettenmaier & Sohne GmbH + Co KG (Germany) , UPM (Finland), Daicel Finchem Ltd (Japan), Stora Enso (Finland),Celluforce (U.S), Sappi Ltd (South Africa), Borregard (Norway), American Process Inc.(U.S) and Kruger Inc. (Canada).
Ans: In the last ten years, the nanocellulose market has grown at a rate that has never been seen before. Researchers and companies are looking into new ways to use these materials. Also, the need for sustainable products drove the need for bio-based materials like nanocellulose, which are used to make composites and packaging. But the pandemic hurt the need for nanocellulose a lot, especially in the paper and pulp industry. Nanocellulose use went down as people stopped using paper for things like magazines and newspapers and instead read things online.
Ans: Costs of making things go up and Rules and regulations are the restraints for Nanocellulose Market.
Ans: Nanocellulose Market Size was valued at USD 262.44 million in 2021, and expected to reach USD 1125.80 million by 2028, and grow at a CAGR of 21.5 % over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Nanocellulose Market Segment, By type
8.1 MFC & NFC
8.2 CNC/NCC
8.3 Others (BNC, TC, ANC, and CNY)
9.Nanocellulose Market Segment, By raw material
9.1 Wood
9.2 Non-wood
10.Nanocellulose Market Segment, By application
10.1 Pulp & Paper
10.2 Composites
10.3 Biomedical & Pharmaceuticals
10.4 Electronics Sensors
10.5 Others (cosmetics, oil & gas, and food & beverage)
11.Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profile
12.1 Nippon Paper Industries C0., Ltd (Japan)
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Rettenmaier & Sohne GmbH + Co KG (Germany)
12.3 UPM (Finland)
12.4 Daicel Finchem Ltd (Japan)
12.5 Stora Enso (Finland)
12.6 Celluforce (U.S)
12.7 Sappi Ltd (South Africa)
12.6 Borregard (Norway)
12.9 American Process Inc.(U.S)
12.10 Kruger Inc. (Canada)
13.Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
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