North America Nanocellulose Market 2021-2028

MARKET OUTLOOK

The report intimates that the North American nanocellulose market is estimated to progress at a CAGR of 17.77% in the reviewed years 2021-2028. The United States and Canada shape the market in this region.
In Canada, the profitable business policies and robust R&D infrastructure has resulted in the rapid growth of the manufacturing industries. Moreover, the automotive sector has united with the North American Free Trade Agreement to propel manufacturing activities across the country. This step will further enhance the automotive industry in the near future, further surging the consumption of nanocellulose in the automotive industry operations during the assessed period 2021-2028.

Additionally, the cosmetic industry is another primary industry driving the demand for nanocellulose. Among the products, the rising demand for face creams and hair dyes are mainly motivating the need for nanocellulose. Moreover, the consumers are shifting preferences towards premium skincare products, primarily for high-quality natural ingredients. This strong growth is likely to augment the cosmetic industry, further positively impacting the demand for nanocellulose. Thus, the factors mentioned above are likely to motivate the development of the nanocellulose market across Canada.

Similarly, the cosmetic and personal care industry in the United States is proliferating, further contributing to the country’s economy. Here, the purchasing power growth among the consumers has led to the demand for premium beauty products supporting natural ingredients. This growth is further predicted to enhance the demand for nanocellulose in the cosmetic industry, thereby widening the scope and development of the nanocellulose market in the country.

COMPETITIVE OUTLOOK

The eminent competitors in the market comprise Oji Holdings Corporation, Nippon Paper Industries Co Ltd, Norse Skog AG, RISE Innventia AB, Fiberlean Technologies, CelluForce, and Melodea Ltd.

1. North America Nanocellulose Market - Summary

2. Industry Outlook

2.1. Market Definition
2.2. Key Insights
2.2.1. Bacterial Cellulose (Bc) is Expected to Grow With Highest Cagr
2.2.2. Demand for Usage of Bacterial Cellulose in Packaging
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Market Drivers
2.6.1. Excellent Properties of Nanocellulose
2.7. Market Restraints
2.7.1. Financial Hurdles Delaying Market Growth
2.7.2. Absence of Buyer Awareness
2.8. Market Opportunities
2.8.1. Surge in Adoption of Flexible Aids
2.9. Impact of Covid-19 on Nanocellulose Market

3. North America Nanocellulose Market Outlook - by Product

3.1. Nanofibrillated Cellulose (Nfc)
3.2. Nanocrystalline Cellulose (Ncc)
3.3. Bacterial Cellulose (Bc)
3.4. Microfibrillated Cellulose (Mfc)
3.5. Other Product Types

4. North America Nanocellulose Market Outlook - by End-User

4.1. Paper Processing
4.2. Paints & Coatings
4.3. Oil and Gas
4.4. Food & Beverage
4.5. Composites
4.6. Pharmaceuticals and Cosmetics
4.7. Other End-Users

5. North America Nanocellulose Market - Regional Outlook

5.1. United States
5.2. Canada

6. Competitive Landscape

6.1. American Process Inc
6.2. Axcelon Biopolymers Corporation
6.3. Borregard
6.4. Cellucomp
6.5. Celluforce
6.6. Chuetsu Pulp & Paper Co Ltd
6.7. Daicel Finechem Ltd
6.8. Fiberlean Technologies
6.9. Melodea Ltd
6.10. Nippon Paper Industries Co Ltd
6.11. Norse Skog AG
6.12. OJI Holdings Corporation
6.13. Rise Innventia Ab
6.14. Sappi Ltd
6.15. University of Maine

7. Methodology & Scope

7.1. Research Scope & Deliverables
7.2. Sources of Data
7.3. Research Methodology

List of Tables

Table 1: North America Nanocellulose Market, by Country, 2021-2028 (In $ Million)
Table 2: Market Attractiveness Index
Table 3: Vendor Scorecard
Table 4: North America Nanocellulose Market, by Country, 2021-2028 (In $ Million)
Table 5: North America Nanocellulose Market, by Product, 2021-2028 (In $ Million)
Table 6: North America Nanocellulose Market, by End-User, 2021-2028 (In $ Million)

List of Figures

Figure 1: Porter's Five Forces Analysis
Figure 2: North America Nanocellulose Market, by Nanofibrillated Cellulose (Nfc), 2021-2028 (In $ Million)
Figure 3: North America Nanocellulose Market, by Nanocrystalline Cellulose (Ncc), 2021-2028 (In $ Million)
Figure 4: North America Nanocellulose Market, by Bacterial Cellulose (Bc), 2021-2028 (In $ Million)
Figure 5: North America Nanocellulose Market, by Microfibrillated Cellulose (Mfc), 2021-2028 (In $ Million)
Figure 6: North America Nanocellulose Market, by Other Product Types, 2021-2028 (In $ Million)
Figure 7: North America Nanocellulose Market, by Paper Processing, 2021-2028 (In $ Million)
Figure 8: North America Nanocellulose Market, by Paints & Coatings, 2021-2028 (In $ Million)
Figure 9: North America Nanocellulose Market, by Oil and Gas, 2021-2028 (In $ Million)
Figure 10: North America Nanocellulose Market, by Food & Beverage, 2021-2028 (In $ Million)
Figure 11: North America Nanocellulose Market, by Composites 2021-2028 (In $ Million)
Figure 12: North America Nanocellulose Market, by Pharmaceuticals and Cosmetics, 2021-2028 (In $ Million)
Figure 13: North America Nanocellulose Market, by Other End-Users, 2021-2028 (In $ Million)
Figure 14: North America Nanocellulose Market, Regional Outlook, 2021 and 2028 (In %)
Figure 15: United States Nanocellulose Market 2021-2028 (In $ Million)
Figure 16: Canada Nanocellulose Market 2021-2028 (In $ Million)