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Nanocellulose Market

Nanocellulose Market, Size and Segment By type (MFC & NFC, CNC/NCC, Others), By raw material (Wood, Non-wood), By application (Pulp & Paper, Composites, Biomedical & Pharaceuticals, Electronics Sensors, Others), by Region Global Market Forecast 2022-2028

Report Id: SNS/C&M/1817 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Nanocellulose Market Size was valued at USD 262.44  million in 2021, and is expected to reach USD 1125.80 million by 2028, and grow at a CAGR of 21.5% over the forecast period 2022-2028.

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 Market Revenue Graph

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

Nanocellulose Market Segment Pie Chart

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

Nanocellulose Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 262.44 Million
Market Size by 2028 US$ 1125.80 Million
CAGR CAGR of 21.5% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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

 

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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The 5 steps process:

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Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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