Enjoy complimentary customisation on priority with our Enterprise License!
The nanocellulose market size is forecast to increase by USD 276.36 million between 2022 and 2027, accelerating at a CAGR of 14.37%. In 2017, Germany held the largest market share, projecting an annual revenue of USD 37.47 million. The report provides market size, historical data spanning from 2017 to 2021, and future projections, all presented in terms of value in (USD million) for each of the mentioned segments. Presently, the majority of packaging materials derive from glass, aluminum, tin, and petroleum-based synthetic resins, prompting both economic and environmental apprehensions. Manufacturers of packaging materials employ various cellulosic materials across multiple applications, including packaging materials, containers, primary and secondary packaging, as well as flexible and rigid packaging. When cellulosic packaging materials supplant paper-based alternatives, they confer benefits such as reduced weight and enhanced sustainability.
To learn more about this report, Download Report Sample
The report includes a comprehensive outlook on the Market, offering forecasts for the industry segmented by Product, which comprises Nano-fibrillated cellulose, Nano-crystalline cellulose, and Bacterial nanocellulose). Additionally, it categorizes Type into Composites, Paper processing, Oil and gas, Paints and coatings, and Others and covers Geography regions, including Europe, North America, APAC, South America, and Middle East and Africa.
The nano-fibrillated cellulose segment was the largest segment and was valued at USD 127.66 million in 2017. The nano-fibrillated cellulose segment is estimated to witness significant growth during the forecast period.NFC is highly regarded for its excellent barrier properties. Nano-fibrillated cellulose forms a dense network and exhibits excellent gas barrier performance. This makes NFC a suitable additive for packaging materials, providing better protection against moisture, oxygen, and other unwanted substances. The Paper & pulp industry uses NFC to improve paper properties such as strength, optical properties, and printability. NFC has applications in the food and beverage industry. Owing to its high surface area and ability to absorb water. NFC can be used as a food thickener, stabilizer, or emulsifier. It helps improve texture, extend shelf life, and increase the stability of food formulations. Such factors are expected to stimulate the demand for NFC, which is expected to drive the growth of the nano-fibrillated cellulose segment of the global market during the forecast period
Europe is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Europe attaches great importance to sustainability and environmental protection. Derived from renewable resources such as wood pulp, it is well aligned with regional goals to reduce dependence on non-renewable materials and reduce the industry's carbon footprint. Strict regulations and policies regarding the use of traditional materials and chemicals are prompting the industry to explore alternative materials such as nanocellulose.
Moreover, growing interest in renewable energy sources is a major driver in Europe. Nanocellulose-based materials can be used in energy storage devices such as supercapacitors and batteries owing to their high surface area and excellent mechanical properties. This technology has the potential to revolutionize the energy storage sector by providing a more efficient and sustainable solution. Thus, such factors are expected to stimulate the demand, which is anticipated to fuel the growth of the regional market during the forecast period.
To understand geographic trends Download Report Sample
The Market is witnessing dynamic growth driven by the demand for sustainable bio-based products across various industries. Nanocellulose, including Microfibrillated Cellulose (MFC), Cellulose Nanofibers (CNF), and Nano Fibrillated Cellulose (NFC), offers unique properties and applications in diverse sectors such as automotive, food & beverage, paper & pulp, and pharmaceuticals. With its ability to replace petroleum-based packaging and metallic components, nanocellulose contributes to weight reduction in vehicles, enhancing fuel efficiency in the automotive industry. However, regulatory barriers pose challenges to market expansion, despite efforts towards product standardization. As research advances in areas like Bacterial Nanocellulose, the market is poised for further growth, offering sustainable solutions for composites, paints, coatings, and pharmaceuticals, driving innovation and sustainability in bio-based product development.
Growing demand for nanocellulose in packaging applications is the key factor driving the growth of the market. Currently, most packaging materials are made from glass, aluminum, tin, and petroleum-based synthetic resins. These materials raise economic and environmental concerns. Manufacturers of packaging materials use many cellulosic materials in applications such as packaging materials, containers, primary and secondary packaging, and flexible and rigid packaging. When cellulosic packaging materials replace paper-based packaging, they offer advantages such as lightweight and sustainability.
Moreover, cellulose nanomaterials can form hydrogen bonds due to their large specific surface area. This hydrogen bonding helps cellulose nanomaterials form a strong and dense network, making them very rigid and can restrict the passage of various molecules. Therefore, nanofibrillated cellulose, nanocrystalline cellulose, and bacterial nanocellulose are considered important and useful materials for the production of cellulosic packaging materials. Hence, such factors are expected to propel the growth of the global market during the forecast period.
The Market is fragmented in nature. Some significant players include American Process International LLC and Asahi Kasei Corp.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
American Process International LLC, Asahi Kasei Corp., Axcelon Biopolymers Corp., Blue Goose Biorefineries Inc., Borregaard ASA, CelluComp Ltd., CelluForce Inc., Daio Paper Corp., FiberLean Technologies Ltd., GranBio Investimentos SA, GS Alliance Co. Ltd., Kruger Inc., Nature Costech Co. Ltd., Nippon Paper Industries Co. Ltd., Oji Holdings Corp., RISE Research Institutes of Sweden, Sappi Ltd., Stora Enso Oyj, UPM Kymmene Corp., and Weidmann Holding AG
The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 - 2027.
The Market is experiencing rapid growth across diverse industries like automotive, food & beverage, and pharmaceuticals, driven by the demand for sustainable and bio-based products. Nanocellulose, including Cellulose Nanofibers (CNF), Microfibrillated Cellulose (MFC), and Nano Fibrillated Cellulose (NFC), offers unique properties for Weight reduction of vehicles and flexible packaging solutions. With a focus on reducing reliance on petroleum-based materials, it is revolutionizing product standardization and manufacturing activities. Despite labor shortages and supply chain disruptions, the market continues to expand, spurred by regulatory support for biodegradable plastics and bio-based products. As commercial buildings and hospital projects increasingly prioritize sustainability, nanocellulose finds applications in biodegradable packaging, pharmaceuticals, and cosmetics, driving innovation and sustainability across the pulp & paper industry and beyond.
The Market is experiencing significant growth, propelled by its versatile applications across various industries, including automotive, food & beverage, and pharmaceuticals. Nanocellulose, including Cellulose nanofibers (CNF), MFC (Micro fibrillated Cellulose), and NFC (Nano Fibrillated Cellulose), offers unique Nanocellulose properties that contribute to weight reduction in vehicles, making it particularly appealing for the automotive industry. Additionally, its use in sustainable products addresses environmental concerns, reducing reliance on petroleum-based packaging and crude oil production. Regulatory barriers are being overcome as nanocellulose emerges as a viable alternative in pulp & paper applications and beyond. With the rising demand for electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs), nanocellulose presents opportunities for enhancing performance and sustainability in the automotive sector while catering to evolving needs in the food & beverage and pharmaceutical industries.
Moreover, the market is experiencing rapid growth, driven by the versatile properties of nanocellulose and its applications across various industries. Derived from sources like bacterial cellulose, CNF (Cellulose nanofibers), and nanocrystalline cellulose (NCC), nanocellulose offers lightweight and strong properties, making it ideal for weight reduction in vehicles and metallic components. Industries such as Food & beverage industry, Pharmaceutical and Cosmetics, and cosmetics utilize nanocellulose for its unique properties in product development. In the Pulp & paper business, nanocellulose finds applications in Pulp & paperboard application, enhancing strength and sustainability. As electric vehicle (BEVs) volumes rise, nanocellulose plays a crucial role in improving battery performance and efficiency. With ongoing advancements in nanofibrillated cellulose (NFC) and microfibrillated cellulose (MFC), the nanocellulose market continues to expand, offering innovative solutions for diverse industrial needs.
Nanocellulose Market Scope |
|
Report Coverage |
Details |
Page number |
178 |
Base year |
2022 |
Historic period |
2017 - 2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 14.37% |
Market growth 2023-2027 |
USD 276.36 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
14.13 |
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
Performing market contribution |
Europe at 37% |
Key countries |
US, Canada, China, Germany, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
American Process International LLC, Asahi Kasei Corp., Axcelon Biopolymers Corp., Blue Goose Biorefineries Inc., Borregaard ASA, CelluComp Ltd., CelluForce Inc., Daio Paper Corp., FiberLean Technologies Ltd., GranBio Investimentos SA, GS Alliance Co. Ltd., Kruger Inc., Nature Costech Co. Ltd., Nippon Paper Industries Co. Ltd., Oji Holdings Corp., RISE Research Institutes of Sweden, Sappi Ltd., Stora Enso Oyj, UPM Kymmene Corp., and Weidmann Holding AG |
Market dynamics |
Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.