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Nanocellulose - Global Market Trajectory & Analytics

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    Report

  • 237 Pages
  • July 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5008386

Global Nanocellulose Market to Reach $849.4 Million by 2025


A natural biomaterial extracted from plant cell wall, nanoceullulose is derived generally from disintegration of natural polymers or produced through bacterial action. Nanocellulose features numerous characteristics, with high strength, high surface area and superior stiffness among the most vital attributes. In addition, nanocellulose benefits from its low toxicity, biodegradability, and low weight. Amid the COVID-19 crisis, the global market for Nanocellulose is projected to reach US$849.4 Million by 2025, registering a compounded annual growth rate (CAGR) of 18.3% over the analysis period. United States represents the largest regional market for Nanocellulose, accounting for an estimated 35.8% share of the global total. The market, estimated at US$189.3 Million in 2022 is projected to reach US$307.5 Million by the close of the analysis period. China is expected to spearhead growth and emerge as the fastest growing regional market with a CAGR of 21.8% over the analysis period.

Growth in the global market is set to be driven by the constantly rising demand for sustainable products. The increasing awareness about the advantages and potential uses of nanocellulose, rising concerns over environmental degradation and growing demand for sustainable products are fueling demand for nanocellulose. The shortage of non-renewable or petroleum-based resources is also driving focus onto bio-based products and renewable materials such as nanocellulose. The global nanocellulose market is also favored by increasing support from governments and other organizations, especially in countries such as the US, Canada, Finland, Japan and Sweden, due to its renewable nature and its ability to reduce carbon footprint. Growing interest in using nanocellulose as an alternative to petroleum in the manufacture of synthetic polymers and chemicals has further added to the material`s popularity. Efforts are also underway to use nanocellulose in novel applications such as scaffolds in tissue engineering, artificial skin and cartilage, wound healing as well as vessel substitutes, to name a few. Demand for nanocellulose is led by North America and Europe primarily owing to interest in composites & packaging, personal care, food & beverages, paper and paperboard, coatings, and biomedicine. Canada is also one of the pioneers in the nanocellulose industry. The nation is credited as one of the earliest to set up a cellulose nanocrystals demonstration unit at the Domtar Windsor mill and has also set up a CNF plant on commercial scale.
Microfibrillated & Nanofibrillated Cellulose (MFC & NFC) Cellulose represents the largest product segment. MFC & NFC refer to cellulose fibers that are fibrillated to obtain cellulose microfibril units. Due to the bio-based nature and high strength capabilities, NFC finds used in nanocomposites for reinforcing purposes. Besides its superior strength and stiffness, NFC also benefits from biodegradability, higher surface areas, high reactivity and superior barrier properties. All of these factors are contributing to the high share of MFC & NFC cellulose segment. The market for Cellulose Nanocrystalline is forecast to grow the fastest over the analysis period. Cellulose Nanocrystalline, also known as CNC, are obtained from acid hydrolysis of cotton, wood, or other cellulose-rich sources, and used in cosmetics, medical devices as well as composites. The ability of CNCs to organize into a chiral nematic (cholesteric) liquid crystal phase with a helical arrangement has garnered considerable interest and research effort in the material. The potential market has led to several research efforts among the producers of CNC.

Select Competitors (Total 27 Featured):

  • Axcelon Biopolymers Corporation
  • Borregaard ASA
  • CelluForce, Inc.
  • Daicel FineChem Ltd.
  • Fpinnovations
  • FiberLean® Technologies Ltd.
  • GranBio Investimentos S.A.
  • Kruger, Inc.
  • Melodea Ltd.
  • Nippon Paper Industries Co., Ltd.
  • Oji Holdings Corporation
  • RISE Research Institutes of Sweden AB
  • Sappi Ltd
  • Stora Enso Oyj
  • UPM-Kymmene Oyj.

What`s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to the digital archives
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • An Introduction to Nanocellulose
  • Select Features of CNC and CNF
  • Stiffness of Nanocellulose Vis-a-vis Other Alternatives
  • Types of Nanocelluose
  • Cellulose Nanofibrils
  • Cellulose Nanocrystals
  • Select Properties of CNC and CNF
  • Production Process of Nanocellulose
  • Applications of Nanocellulose
  • A List of Applications for Nanocellulose in Biotechnological and Industrial Sectors
  • Nanocelluose Market: Growth Prospects and Outlook
  • MFC & NFC Cellulose: The Largest Nanocellulose Segment
  • Composites & Packaging Application Leads Nanocellulose Market
  • Developed Regions Lead Nanocellulose Market Growth
  • Recent Market Activity
  • Nanocellulose - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
  • Axcelon Biopolymers Corporation (Canada)
  • Borregaard ASA (Norway)
  • CelluForce, Inc. (USA)
  • Daicel FineChem Ltd. (Japan)
  • Fpinnovations (Canada)
  • FiberLean® Technologies Ltd. (UK)
  • GranBio Investimentos S.A. (Brazil)
  • Kruger, Inc. (Canada)
  • Melodea Ltd. (Israel)
  • Nippon Paper Industries Co., Ltd. (Japan)
  • Oji Holdings Corporation (Japan)
  • RISE Research Institutes of Sweden AB (Sweden)
  • Sappi Ltd (South Africa)
  • Stora Enso Oyj (Finland)
  • UPM-Kymmene Oyj (Finland)
3. MARKET TRENDS & DRIVERS
  • Rising Demand for Sustainable Products Featuring Improved Material Science Drives Nanocellulose Market
  • Global Greenhouse Gas Emissions by Economic Sector
  • Growing Awareness about Potential Benefits and Uses of Nanocelluose Spells Opportunities for the Market
  • Non-Toxicity: A Critical Attribute Driving Adoption of Nanocellulose Products
  • Packaging Industry’s Transition towards Eco-Friendly Materials Augurs Well for Nanocellulose Market
  • Trend towards Green Packaging Augurs Well for Nanocellulose Demand: Global Green Packaging Market (In US$ Billion) for the Years 2018, 2021, 2023 & 2025
  • Auto Industry Focus on Reducing Vehicular Weight Shifts Focus onto Nanocellulose
  • Average Vehicle Weight (in Pounds) for the Years 2015, 2020 and 2028
  • Emission Control Legislations in Select Regions/Countries
  • Emissions Target (In Grams per Mile) and Fuel Efficiency Target (In Miles per Gallon) Established by CAFE Standards for the Years 2018-2025
  • Automobile Production Trends to Impact Demand for Nanocellulose
  • Global Passenger Car Production (In Million Units) for the Years 2010, 2016, 2020, and 2024
  • Global Passenger Car Sales (In Million Units) for the Years 2010-2024
  • Rapid Growth of Medical & Personal Care Industries to Boost Nanocellulose Market Prospects
  • Growing Research on Nanocellulose for Biomedical Applications
  • Number of Publications on Nanocellulose for Biomedical Applications by Database (2010-2018)
  • Nanocellulose Emerges as a Green Alternative for Petroleum-based Plastics
  • Global Plastic Production in Million Metric Tons for the Years 1950 through 2020
  • Rising Use of Nanocellulose in Oil & Gas Industry
  • Global Crude Oil Demand in Billion Barrels for the Years 2010 through 2019
  • Global Oil Production: Percentage Breakdown of Production Volume by Onshore, Offshore, and Offshore Deepwater Activity for the Years 2011, 2015 and 2019
  • Nanocellulose Use in Composites Presents Considerable Growth Potential
  • Growth in Nanocoatings Augurs Well for Nanocellulose Technology
  • Global Nanocoatings Market in US$ Million for 2018, 2020, 2022 and 2024
  • CNF Holds Tremendous Potential for Application in Varied Areas
  • NCC: The Cellulosic Nanomaterial with Most Promising Applications
  • Increasing Funding for Nanocellulose Research and Rise in Partnerships for Nanocellulose Development Support Market Growth
  • Select Innovations in Nanocellulose Space
  • EU-Funded Research to Develop Nanocellulos-based Smart Paper for Printed Electronics
  • Researchers Develop Nanocellulose Threads
  • Nanocellulose Finds Use in Creation of Novel Implants from 3D Printers
  • Potential Role of Nanocellulose-based Scaffolds in Tissue Engineering
  • Need for High-End Machinery, Expertise and Product Standardization & Regulatory Hurdles: Key Market Challenges
4. GLOBAL MARKET PERSPECTIVEIII. MARKET ANALYSIS
UNITED STATES
  • Nanocellulose Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
CANADA
JAPAN
  • Nanocellulose Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
CHINA
  • Nanocellulose Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
EUROPE
  • Nanocellulose Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
FRANCE
  • Nanocellulose Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
GERMANY
  • Nanocellulose Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
ITALY
UNITED KINGDOM
  • Nanocellulose Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
  • REST OF EUROPE TABLE 88: Rest of Europe Recent Past, Current & Future Analysis for Nanocellulose by Product Segment - MFC & NFC, Nanocrystalline Cellulose and Other Product Segments - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
ASIA-PACIFIC
  • Nanocellulose Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
REST OF WORLD
IV. COMPETITION
  • Total Companies Profiled: 27

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Axcelon Biopolymers Corporation
  • Borregaard ASA
  • CelluForce, Inc.
  • Daicel FineChem Ltd.
  • Fpinnovations
  • FiberLean® Technologies Ltd.
  • GranBio Investimentos S.A.
  • Kruger, Inc.
  • Melodea Ltd.
  • Nippon Paper Industries Co., Ltd.
  • Oji Holdings Corporation
  • RISE Research Institutes of Sweden AB
  • Sappi Ltd
  • Stora Enso Oyj
  • UPM-Kymmene Oyj.