Global Nanocellulose Industry Analysis, Size, Share, Growth, Trends and Forecast to 2023

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Nanocellulose is a cellulose derived product that offers higher structural, mechanical, and rheological properties compared to its counterparts. Its unique properties include low gas permeability, high tensile strength, biodegradability, rheological modification, and high water vapor transmission rate. Nanocellulose is employed in numerous end-user industries such as composites, paper processing, food & beverages, paints & coatings, and oil & gas. North America and Europe are the leading regions in terms of demand for nanocellulose. These regions are expected to maintain their leading positions during the forecast period.

The report estimates and forecasts the nanocellulose market on the global, regional, and country level. The study provides forecast from 2015 to 2023 based on volume (Tons) and revenue (US$ Thousand). The report comprises an exhaustive value chain analysis, which provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage. The study includes drivers and restraints for the nanocellulose market along with their impact on demand during the forecast period. The report analyzes opportunities in the nanocellulose market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources.

The report includes Porter’s Five Forces Model to determine the degree of competition in the nanocellulose market. The report comprises a qualitative write-up on market attractiveness analysis, wherein end-users and countries have been analyzed based on attractiveness. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive general attractiveness of the market. The report includes price trend analysis for raw materials (wood pulp) and nanocellulose from 2014 to 2023.

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The study provides a comprehensive view of the nanocellulose market by dividing it into product segments such as nanofibrillated cellulose, nanocrystalline cellulose, and bacterial nanocellulose. In terms of end-user, the global nanocellulose market has been segmented into composites, paper processing, food & beverages, paints & coatings, oil & gas, personal care, and others. Product segments and end-users have been analyzed based on historic, present, and future trends, and the market has been estimated from 2015 to 2023 in terms of volume (Tons) and revenue (US$ Thousand).

Regional segmentation includes the current and forecast demand for nanocellulose in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Additionally, the report comprises country-level analysis in terms of volume and revenue for product and end-user segments. Key countries such as the U.S., Germany, Italy, the U.K., France, Spain, Japan, China, Japan, and South Africa have been included in the study. Market segmentation includes demand for individual products and end-users in all the regions and countries.

The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include CelluForce Inc., American Process Inc., Innventia AB, UPM-Kymmene Oyj, Stor Enso Oyj, DAICEL FINECHEM Ltd., and Nippon Paper Industries Co. Ltd. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview.

Secondary research sources that were typically referred to include, but were not limited to company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.

In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents bulk of the research efforts, supplemented by an extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team’s expertise and market understanding.

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This report segments the global nanocellulose market as follows:

Nanocellulose Market – Product Segment Analysis

Nanofibrillated cellulose
Nanocrystalline cellulose
Bacterial nanocellulose

Nanocellulose Market – End-user Analysis

Composites
Paper processing
Food & beverages
Paints & coatings
Oil & gas
Personal care
Others (Including biomedical, electronics, pharmaceutical, etc.)

Nanocellulose Market – Regional Analysis

North America
U.S.
Rest of North America
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

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