Nanocellulose Market Size, Growth, Sales, Upcoming Trends, Challenges and Future Opportunities 2032

Nanocellulose Market Size- By Raw Material, By Product Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Nanocellulose Market Size- By Raw Material, By Product Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Published: Dec 2022 Report ID: CHEM2222 Pages: 1 - 228 Formats*:     
Category : Chemical & Materials
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Global Nanocellulose Market Overview:

According to SPER Market Research, the Global Nanocellulose Market is estimated to reach USD 3.36 billion by 2032 with a CAGR of 22.96%. 

A cellulose derivative derived from wood pulp is called nanocellulose. By applying strong shear stresses mechanically, the substance is separated from the wood. For instance, it is made using microfluidizers, grinders, high-pressure homogenizers, ultrasonic homogenizers, and so on. These nanoparticles are perfect for use in composites because they are very strong, light, and electrically conductive. The strength of a nanocomposite with a nanocellulose component makes it suitable for producing bullet-proof items. A great cement ingredient, it also has a low density, good aspect ratio, and is hard. The Technical Association of the Pulp and Paper Industry (TAPPI) claims that the rise in patent applications and research publications demonstrates the widespread interest in this particular kind of nanomaterial. 

Impact of COVID-19 on the Global Nanocellulose Market  
Businesses were unable to operate as a result of the corona virus epidemic, which led to a dramatic drop in sales. In the post-pandemic period, however, the restart of manufacturing facilities and advancements in research industry have supported the industry's comeback. Business expansion has also been aided by government financing for several research initiatives to promote the use of nanocellulose. Since researchers and businesses have been working on the creation of fresh uses for these materials, the nanocellulose industry has experienced unheard-of growth. Furthermore, the need for sustainability encouraged manufacturers of composite materials and packaging goods to use bio-based materials like nanocellulose. The market for nanocellulose, particularly from the paper and pulp industries, suffered a significant setback as a result of the pandemic. The use of nanocellulose dropped as paper became less popular and consumers restricted their reading to touch media like magazines and newspapers. However, the businesses began producing PPE like masks and gowns using nonwovens composed of pulp, which revived demand for nanocellulose since it gave these items reduced porosity and hydrophilicity.



Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2032
 Base year considered 2021
 Forecast period 2022-2032
 Segments coveredBy Raw Material, By Product Type, By Application
 Regions coveredNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa
 Companies CoveredBlue Goose Refineries, Borregaard AS, CelluComp, Cellu Force, Fiberlean Technologies, GranBio Technologies, Kruger Inc., Melodea Ltd., Nippon paper industries Co. Ltd., Norske Skog ASA, Research Institutes of Sweden, Stora Enso Biomaterials.
Global Nanocellulose Market Segmentation:

By Raw Material: Based on the Raw material, Global Nanocellulose Market is segmented as; Non-Wood, Wood.

By Product Type: Based on the Product Type, Global Nanocellulose Market is segmented as; Bacterial Nanocellulose, Composites, Electronics, Food and Beverage, Nanocrystalline Cellulose, Nano-fibrillated Cellulose, Oil and Gas, Personal Care, Others.

By Application:
Based on the Application, Global Nanocellulose Market is segmented as; Biomedical & Pharmaceuticals, Composites, Cosmetics, Electronics Sensors, Food & Beverages, Oil & Gas, Paints & Coatings, Paper Processing, Personal Care, Pulp, Others.

By Region: The U.S. is the largest market in North America for nano-cellulose and contributes significantly to worldwide revenue. The usage of MFC (Micro fibrillated Cellulose) and CNF (Cellulose Nanofibers) in the creation of functional food items has tremendously benefited Americans' concern for their health, which has increased demand for nano-cellulose in the nation. The rise of the country's products is mostly driven by the food and beverage, paper, and pulp industries. Increased awareness of and demand for cutting-edge sustainable products, combined with paper-based packaging in the food and beverage sectors, are the main factors driving demand in the nation.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation

3. Executive Summary

4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global Nanocellulose Market 

5. Market variables and outlook
5.1. SWOT analysis 
5.1.1 Strengths 
5.1.2 Weaknesses 
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis 
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape 
5.2.4 Technological landscape 
5.2.5 Environmental landscape 
5.2.6 Legal landscape 
5.3. PORTER’S five forces analysis 
5.3.1 Bargaining power of suppliers 
5.3.2 Bargaining power of Buyers 
5.3.3 Threat of Substitute 
5.3.4 Threat of new entrant 
5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Global Nanocellulose Market, By Raw Material, 2019-2032 (USD Million)
6.1.  Non-Wood
6.2.  Wood

7. Global Nanocellulose Market, By Product Type, 2019-2032 (USD Million)
7.1. Bacterial Nanocellulose
7.2. Composites
7.3. Electronics
7.4. Food and Beverage
7.5. Nanocrystalline Cellulose
7.6. Nano-fibrillated Cellulose
7.7. Oil and Gas
7.8. Personal Care
7.9. Others

8. Global Nanocellulose Market, By Application, 2019-2032 (USD Million)
8.1. Biomedical & Pharmaceuticals
8.2. Composites
8.3. Cosmetics
8.4. Electronics Sensors 
8.5. Food & Beverages 
8.6. Oil & Gas 
8.7. Paints & Coatings 
8.8. Paper Processing 
8.9. Personal Care 
8.10. Pulp 
8.11. Others 

9. Global Nanocellulose Market, By Region, 2019-2032 (USD Million)
9.1. North America
9.1.1. United States
9.1.2. Canada
9.1.3. Mexico
9.2. Europe
9.2.1. Germany
9.2.2. United Kingdom
9.2.3. France
9.2.4. Italy
9.2.5. Spain
9.2.6. Rest of Europe
9.3. Asia-Pacific
9.3.1. China
9.3.2. Japan
9.3.3. India
9.3.4. Australia
9.3.5. South Korea
9.3.6. Rest of Asia-Pacific
9.4. South America
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Rest of South America
9.5. Middle East & Africa
9.5.1. Kingdom of Saudi Arabia 
9.5.2. United Arab Emirates
9.5.3. Rest of Middle East & Africa

10. Company Profiles
10.1. Blue Goose Refineries
10.1.1. Company details 
10.1.2. Financial outlook
10.1.3. Product summary 
10.1.4. Recent developments

10.2. Borregaard AS
10.2.1. Company details 
10.2.2. Financial outlook
10.2.3. Product summary 
10.2.4. Recent developments

10.3. CelluComp
10.3.1. Company details 
10.3.2. Financial outlook
10.3.3. Product summary 
10.3.4. Recent developments

10.4. Cellu Force
10.4.1. Company details 
10.4.2. Financial outlook
10.4.3. Product summary 
10.4.4. Recent developments

10.5. Fiberlean Technologies
10.5.1. Company details 
10.5.2. Financial outlook
10.5.3. Product summary 
10.5.4. Recent developments

10.6. GranBio Technologies
10.6.1. Company details 
10.6.2. Financial outlook
10.6.3. Product summary 
10.6.4. Recent developments

10.7. Kruger Inc.
10.7.1. Company details 
10.7.2. Financial outlook
10.7.3. Product summary 
10.7.4. Recent developments

10.8. Melodea Ltd.
10.8.1. Company details 
10.8.2. Financial outlook
10.8.3. Product summary 
10.8.4. Recent developments

10.9. Nippon paper industries Co. Ltd.
10.9.1. Company details 
10.9.2. Financial outlook
10.9.3. Product summary 
10.9.4. Recent developments

10.10. Norske Skog ASA
10.10.1. Company details 
10.10.2. Financial outlook
10.10.3. Product summary 
10.10.4. Recent developments

10.11. Research Institutes of Sweden
10.11.1. Company details 
10.11.2. Financial outlook
10.11.3. Product summary 
10.11.4. Recent developments

10.12. Stora Enso Biomaterials
10.12.1. Company details 
10.12.2. Financial outlook
10.12.3. Product summary 
10.12.4. Recent developments

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3


Frequently Asked Questions About This Report
The Nanocellulose Market is projected to reach USD 3.36 billion by 2032, growing at a CAGR of 22.96% during the forecast period.
The Nanocellulose Market grew in market size from 2021. The Market is expected to reach USD 3.36 billion by 2032, at a CAGR of 22.96% during the forecast period.
The Nanocellulose Market CAGR of 22.96% during the forecast period.
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The Nanocellulose Market size is USD 3.36 billion from 2022 to 2032.
The Nanocellulose Market segment is Covered By Raw Material, By Product Type, By Application.
The North America and Europe region is anticipated to have the highest market share in the Nanocellulose Market.
The key players in the market include Companies Covered Blue Goose Refineries, Borregaard AS, CelluComp, Cellu Force, Fiberlean Technologies, GranBio Technologies, Kruger Inc., Melodea Ltd., Nippon paper industries Co. Ltd., Norske Skog ASA, Research Institutes of Sweden, Stora Enso Biomaterials.
The strength of a nanocomposite with a nanocellulose component makes it suitable for producing bullet-proof items. A great cement ingredient, it also has a low density, good aspect ratio, and is hard.
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