Nanocellulose Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024

Description

The nanocellulose market is poised for substantial growth, with revenues projected to increase from $593.6 million in 2024 to $2,170.8 million by 2030, reflecting a compound annual growth rate (CAGR) of 24.1%. This expansion is driven by the rising demand for bio-based products across various industries, including packaging, personal care, construction, and automotive. Nanocellulose's attributes-such as low weight, high strength, and biodegradability-make it an ideal material for sustainable applications. Additionally, increasing environmental awareness and the shift toward a circular economy are propelling the adoption of renewable materials like nanocellulose.

Key Insights

Nanofibrils cellulose (NFC) and microfibrillated cellulose (MFC) are expected to dominate the market, holding a 45% share in 2024, with a CAGR of 24.6% during the forecast period.

Wood remains the primary raw material, accounting for 65% of the market share in 2024, due to its abundance and suitability for nanocellulose production.

The pulp and paper industry is the largest application segment, anticipated to grow at a CAGR of 25.0% from 2024 to 2030, as nanocellulose enhances paper strength and reduces production costs.

Europe leads the market with a 40% share in 2024, driven by significant investments in R&D and a strong demand for eco-friendly packaging materials.

The Asia-Pacific region is projected to experience the fastest growth, with a CAGR of 24.7% from 2024 to 2030, fueled by the expansion of the packaging, composites, and automotive industries.

Extensive research and development efforts are underway to enhance the properties and functionalities of nanocellulose, broadening its application scope across various sectors.

The increasing preference for green and sustainable materials is a significant driver, as nanocellulose offers a renewable and biodegradable alternative to traditional materials.

Despite its abundance, the high production costs of nanocellulose, due to technical complexities and expensive machinery, pose challenges to market growth.

The market is consolidated, with key players focusing on product innovation and strategic collaborations to strengthen their market position.

Government regulations promoting sustainable materials and increasing consumer awareness about environmental issues are expected to further drive the adoption of nanocellulose in the coming years.

Product Code: 13180

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by nanocellulose type
- 1.4.2. Market size breakdown, by raw material
- 1.4.3. Market size breakdown, by application
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Revenue, by Nanocellulose Type (2019-2030)
6.3. Market Revenue, by Raw Material (2019-2030)
6.4. Market Revenue, by Application (2019-2030)
6.5. Market Revenue, by Region (2019-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Revenue, by Nanocellulose Type (2019-2030)
7.3. Market Revenue, by Raw Material (2019-2030)
7.4. Market Revenue, by Application (2019-2030)
7.5. Market Revenue, by Country (2019-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Revenue, by Nanocellulose Type (2019-2030)
8.3. Market Revenue, by Raw Material (2019-2030)
8.4. Market Revenue, by Application (2019-2030)
8.5. Market Revenue, by Country (2019-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Revenue, by Nanocellulose Type (2019-2030)
9.3. Market Revenue, by Raw Material (2019-2030)
9.4. Market Revenue, by Application (2019-2030)
9.5. Market Revenue, by Country (2019-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Revenue, by Nanocellulose Type (2019-2030)
10.3. Market Revenue, by Raw Material (2019-2030)
10.4. Market Revenue, by Application (2019-2030)
10.5. Market Revenue, by Country (2019-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Revenue, by Nanocellulose Type (2019-2030)
11.3. Market Revenue, by Raw Material (2019-2030)
11.4. Market Revenue, by Application (2019-2030)
11.5. Market Revenue, by Country (2019-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Revenue, by Nanocellulose Type (2019-2030)
12.3. Market Revenue, by Raw Material (2019-2030)
12.4. Market Revenue, by Application (2019-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Revenue, by Nanocellulose Type (2019-2030)
13.3. Market Revenue, by Raw Material (2019-2030)
13.4. Market Revenue, by Application (2019-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Revenue, by Nanocellulose Type (2019-2030)
14.3. Market Revenue, by Raw Material (2019-2030)
14.4. Market Revenue, by Application (2019-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Revenue, by Nanocellulose Type (2019-2030)
15.3. Market Revenue, by Raw Material (2019-2030)
15.4. Market Revenue, by Application (2019-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Revenue, by Nanocellulose Type (2019-2030)
16.3. Market Revenue, by Raw Material (2019-2030)
16.4. Market Revenue, by Application (2019-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Revenue, by Nanocellulose Type (2019-2030)
17.3. Market Revenue, by Raw Material (2019-2030)
17.4. Market Revenue, by Application (2019-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Revenue, by Nanocellulose Type (2019-2030)
18.3. Market Revenue, by Raw Material (2019-2030)
18.4. Market Revenue, by Application (2019-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Revenue, by Nanocellulose Type (2019-2030)
19.3. Market Revenue, by Raw Material (2019-2030)
19.4. Market Revenue, by Application (2019-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Revenue, by Nanocellulose Type (2019-2030)
20.3. Market Revenue, by Raw Material (2019-2030)
20.4. Market Revenue, by Application (2019-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Revenue, by Nanocellulose Type (2019-2030)
21.3. Market Revenue, by Raw Material (2019-2030)
21.4. Market Revenue, by Application (2019-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Revenue, by Nanocellulose Type (2019-2030)
22.3. Market Revenue, by Raw Material (2019-2030)
22.4. Market Revenue, by Application (2019-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Revenue, by Nanocellulose Type (2019-2030)
23.3. Market Revenue, by Raw Material (2019-2030)
23.4. Market Revenue, by Application (2019-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Revenue, by Nanocellulose Type (2019-2030)
24.3. Market Revenue, by Raw Material (2019-2030)
24.4. Market Revenue, by Application (2019-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Revenue, by Nanocellulose Type (2019-2030)
25.3. Market Revenue, by Raw Material (2019-2030)
25.4. Market Revenue, by Application (2019-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Revenue, by Nanocellulose Type (2019-2030)
26.3. Market Revenue, by Raw Material (2019-2030)
26.4. Market Revenue, by Application (2019-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Revenue, by Nanocellulose Type (2019-2030)
27.3. Market Revenue, by Raw Material (2019-2030)
27.4. Market Revenue, by Application (2019-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Revenue, by Nanocellulose Type (2019-2030)
28.3. Market Revenue, by Raw Material (2019-2030)
28.4. Market Revenue, by Application (2019-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. FiberLean Technologies Ltd.
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. Borregaard AS
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. Nippon Paper Industries Co. Ltd.
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. CelluForce Inc.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. Melodea Ltd.
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. CelluComp Ltd.
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. Kruger Inc.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. American Process Inc.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. FPInnovations
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. UPM-Kymmene Corporation
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
30.11. OJI Holdings Corporation
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
30.12. Norske Skog ASA
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports

Nanocellulose Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)