Global Nanocellulose Market, By Type (Microfibrillated Cellulose & Nanofibrillated Cellulose, Cellulose Nanocrystal/Nanocrystallin Cellulose, Others), Application (Paper Processing, Composites & Packaging, Paints and Coatings, Oil and Gas, Biomedical & Pharmaceuticals, Electronics & Sensors, Food & Beverages), Distribution Channel (Online, Offline), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Nanocellulose Market
Nanocellulose market will grow at a rate of 18.15% for the forecast period of 2021 to 2028. Rising strong product demand across the packaging industry is a vital factor driving the growth of nanocellulose market.
Nanocellulose is obtained from plants and plant matter that can be described as a light weight solid substance which includes nanosized cellulose fibrils. The material obtained has numerous characteristics of glue like substance in normalized conditions, which is a conductor of electricity and is transparent in colour and the tensile strength of said substance is very high and is non-toxic in nature.
Rising food and beverage industry across the globe is the vital factor escalating the market growth, also increasing demand for technologically advanced sustainable product across various end-user industries, extensive growing oil and gas industry in North America, rapidly growing personal care industry in Asia Pacific, rising demand for eco-friendly paints, composites, and coatings, rising demand in healthcare applications such as bio-barriers, antimicrobial films, bio-polymers, sanitary napkins, tampons, and wound dressing due to enhanced absorbent properties, increasing requirement for commercial production is creating a need for technological developments in the industry to commercialize the product and rising large number of capital investors along with efficient supply chain are the major factors among others driving the nanocellulose market. Moreover, rising technological advancements and increasing modernization in the production techniques will further create new opportunities for the nanocellulose market in the forecast period of 2021- 2028.
However, rising need for specific instruments and machinery for the extraction and obtainment of the material, increased product prices, lack of standardization and regulations and lack of consumer awareness are the major factors among others acting as restraints, and will further challenge the growth of nanocellulose market in the forecast period mentioned above.
This nanocellulose market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on nanocellulose market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Nanocellulose Market Scope and Market Size
Nanocellulose market is segmented on the basis of type, application and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on type, the nanocellulose market is segmented into microfibrillated cellulose and nanofibrillated cellulose, cellulose nanocrystal/nanocrystallin cellulose and others. Others have been further segmented into cellulose micelles, cellulose whiskers, bacterial nanocellulose, cellulose filaments and cellulose crystallites.
- On the basis of application, the nanocellulose market is segmented into paper processing, composites and packaging, paints and coatings, oil and gas, biomedical & pharmaceuticals, electronics and sensors and food & beverages.
- The nanocellulose market is also segmented on the basis of distribution channel into online and offline.
Global Nanocellulose Market Country Level Analysis
Nanocellulose market is analysed and market size, volume information is provided by country, type, and application and distribution channel as referenced above.
The countries covered in the nanocellulose market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the nanocellulose market due to high consumption potential, rising production capacities, increasing economic growth rate, increasing demand for lightweight passenger cars and rising consumer spending on cosmetics and personal care products in this region. Asia-Pacific is the expected region in terms of growth in the nanocellulose market due to rising number of light weight and heavy duty vehicles on road, increased technological advancement and its high adoption rate,, rising demand for eco-friendly paints, composites, and coatings, rising demand in healthcare applications such as bio-barriers, antimicrobial films, bio-polymers, sanitary napkins, tampons, and wound dressing due to enhanced absorbent properties in this region.
The country section of the nanocellulose market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Nanocellulose Market Share Analysis
Nanocellulose market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to nanocellulose market.
The major players covered in the nanocellulose market report are FPInnovations, CelluForce, Stora Enso, Kruger Inc., DAICEL FINECHEM LTD., Borregaard, NIPPON PAPER INDUSTRIES CO. LTD., UPM., Melodea Ltd., CelluComp, Blue Goose Biorefineries Inc., Oji Holdings Corporation., VTT, Sappi., Weidmann Holding AG, BioVision Technologies Inc., J. RETTENMAIER & SÖHNE GmbH + Co KG, Novozymes, INEOS AG, Triveni Interchem Private Limited (Group Of Triveni Chemicals)., Asahi Kasei Corporation., and BASF SE. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.