Global Nanocellulose Materials Market Size study, by Type (Cellulose Nanofibrils, Cellulose Nanocrystals, Bacterial Cellulose, Microfibrillated Cellulose, Others) by Application and Regional Forecasts 2022-2032

Description

Global Nanocellulose Materials Market is valued at approximately USD 582.29 million in 2023 and is anticipated to grow with a healthy growth rate of more than 20.02% over the forecast period 2024-2032. Nanocellulose (NC), derived from abundant cellulosic biomass such as wood pulp, agricultural crops, and organic waste, offers high tensile strength, biocompatibility, and a high aspect ratio, making it highly desirable across various sectors including medical, construction, and aerospace. The renewable nature of nanocellulose positions it as a promising substitute for petroleum-derived materials in films, coatings, composites, and packaging, aligning with global initiatives to reduce plastic consumption. The rising demand from the pulp and paper industry, which benefits from the strength and improved qualities imparted by nanocellulose, is driving market growth. For example, wrapping papers, a significant product within this sector, benefit from the enhanced strength and print quality offered by nanocellulose.

The market is expanding due to its applications in the packaging industry. The integration of nanoparticles into polymers, known as 'active packaging,' enhances sustainability. This trend is exemplified by collaborations like that of Rutgers University's Department of Food Science with ProAmpac in January 2022 to develop nanocellulose-based food packaging. However, the high production costs associated with nanocellulose due to the need for advanced technology and technical expertise pose significant challenges to market growth. For instance, the cost to isolate nanofibers from cellulose and sludge is estimated to be $148 and $113 respectively, according to the Taylor & Francis Group.

In 2023, Asia-Pacific dominates the Global Nanocellulose Materials Market in terms of revenue and is projected to witness fastest growth during the forecast period 2024-2032. The region's leadership is fueled by extensive research and development activities, particularly in countries like Japan, China, and South Korea. These nations are at the forefront of technological innovation and commercialization of nanocellulose materials due to their robust manufacturing capabilities and significant investments in sustainable technologies. Moreover, increasing environmental awareness and stringent regulations on plastic use drive the demand for eco-friendly alternatives, further boosting the market for nanocellulose materials in Asia-Pacific. The region's proactive stance in adopting advanced materials for various applications underscores its pivotal role in shaping the global nanocellulose market landscape.

Major market players included in this report are:

Sappi
NIPPON PAPER INDUSTRIES CO., LTD.
GranBio
DKS Co. Ltd.
Kao Corporation
SEIKO PMC CORPORATION
CelluForce
Kruger Inc.
Anomera, Inc.
ANPOLY INC.
CelluComp Ltd
Blue Goose Biorefineries Inc.
Stora Enso
Borregaard
American Process Inc.

The detailed segments and sub-segment of the market are explained below:

By Type:

Cellulose Nanofibrils (CNF)
Cellulose Nanocrystals (CNC)
Bacterial Cellulose (BC)
Microfibrillated Cellulose (MFC)
Others

By Application:

Food and Beverage
Personal Care and Cosmetics
Pulp and Paper
Composites
Pharmaceutical and Biomedical
Electronics
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Nanocellulose Materials Market Executive Summary

1.1. Global Nanocellulose Materials Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Nanocellulose Materials Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Nanocellulose Materials Market Dynamics

3.1. Market Drivers
- 3.1.1. Growing demand from pulp and paper industry
- 3.1.2. Increasing applications in packaging industry
3.2. Market Challenges
- 3.2.1. High production costs
- 3.2.2. Technical expertise and technology requirements
3.3. Market Opportunities
- 3.3.1. Emerging processing technologies
- 3.3.2. Expansion in cosmetic formulations and oilfield chemistry

Chapter 4. Global Nanocellulose Materials Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Nanocellulose Materials Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Nanocellulose Materials Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Cellulose Nanofibrils (CNF)
- 5.2.2. Cellulose Nanocrystals (CNC)
- 5.2.3. Bacterial Cellulose (BC)
- 5.2.4. Microfibrillated Cellulose (MFC)
- 5.2.5. Others

Chapter 6. Global Nanocellulose Materials Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Nanocellulose Materials Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Food and Beverage
- 6.2.2. Personal Care and Cosmetics
- 6.2.3. Pulp and Paper
- 6.2.4. Composites
- 6.2.5. Pharmaceutical and Biomedical
- 6.2.6. Electronics
- 6.2.7. Others

Chapter 7. Global Nanocellulose Materials Market Size & Forecasts by Region 2022-2032

7.1. North America Nanocellulose Materials Market
- 7.1.1. U.S. Nanocellulose Materials Market
  - 7.1.1.1. Type breakdown size & forecasts, 2022-2032
  - 7.1.1.2. Application breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Nanocellulose Materials Market
7.2. Europe Nanocellulose Materials Market
- 7.2.1. U.K. Nanocellulose Materials Market
- 7.2.2. Germany Nanocellulose Materials Market
- 7.2.3. France Nanocellulose Materials Market
- 7.2.4. Spain Nanocellulose Materials Market
- 7.2.5. Italy Nanocellulose Materials Market
- 7.2.6. Rest of Europe Nanocellulose Materials Market
7.3. Asia-Pacific Nanocellulose Materials Market
- 7.3.1. China Nanocellulose Materials Market
- 7.3.2. India Nanocellulose Materials Market
- 7.3.3. Japan Nanocellulose Materials Market
- 7.3.4. Australia Nanocellulose Materials Market
- 7.3.5. South Korea Nanocellulose Materials Market
- 7.3.6. Rest of Asia Pacific Nanocellulose Materials Market
7.4. Latin America Nanocellulose Materials Market
- 7.4.1. Brazil Nanocellulose Materials Market
- 7.4.2. Mexico Nanocellulose Materials Market
- 7.4.3. Rest of Latin America Nanocellulose Materials Market
7.5. Middle East & Africa Nanocellulose Materials Market
- 7.5.1. Saudi Arabia Nanocellulose Materials Market
- 7.5.2. South Africa Nanocellulose Materials Market
- 7.5.3. Rest of Middle East & Africa Nanocellulose Materials Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. CelluForce
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Kruger Inc.
- 8.3.3. Anomera, Inc.
- 8.3.4. ANPOLY INC.
- 8.3.5. DKS Co. Ltd.
- 8.3.6. Kao Corporation
- 8.3.7. SEIKO PMC CORPORATION
- 8.3.8. Blue Goose Biorefineries Inc.
- 8.3.9. Stora Enso
- 8.3.10. Borregaard
- 8.3.11. American Process Inc.
- 8.3.12. Sappi
- 8.3.13. NIPPON PAPER INDUSTRIES CO., LTD.
- 8.3.14. GranBio

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes