The global nanocellulose market was valued at USD XX Mn in 2018 and is expected to reach USD XX Mn by 2026, growing at a CAGR of 20.5% during the forecast period.
Nanocellulose is a term referring to nano-structured cellulose. Nanocellulose is a pseudo-plastic and holds the property of specific sorts of gels or fluids that are usually thick in normal conditions. The benefits offered by nanocellulose such as biodegradability, carbon-neutrality, low toxicity, and versatility is major driving factors for the market. The use of nanocellulose offers a petroleum-based alternative for a range of industries including packaging and automotive and an eco-friendly solution. Nanocellulose is required in several industries, owing to its structural, thermal and mechanical properties.
Apart from these, the demand for nanocellulose is increasing owing to the rising demand for sustainable products with improved material science and growing awareness about the potential use of nanocellulose. The growing usage of nanocellulose in the production of advanced material is one of the major factors to drive the growth of the global nanocellulose market. Further, the escalating prices of crude oil and the increasing demand for biodegradable material are going to drive the demand for nanocellulose during the forecast period.
Additionally, Companies are also investing in development of new product as well as are entering into merger & acquisition and partnership to expands its ecological footprints. For instance, in November 2016 CelluForce has signed a strategic partnership agreement with Fibria Cellulose, a Brazilian pulp and paper company. Both the company will jointly develop additional cellulose nanocrystal applications for variety of manufacturing and industrial uses.
However, the market growth is expected to be hindered by legislative requirements regarding the use of nanocellulose materials.
Nanocellulose Market Segmentation |
|
| By Type | 1. Nanofibrillated Cellulose (NFC) |
| 2. Nanocrystalline Cellulose (NCC) | |
| 3. Bacterial Cellulose | |
| 4. Microfibrillated Cellulose (MFC) | |
| 5. Others (Cellulose Micelles and Cellulose Whiskers) | |
| By Application | 1. Composites & Packaging |
| 2. Paper Processing | |
| 3. Biomedical & Pharmaceuticals | |
| 4. Electronics & Sensors | |
| 5. Food and Beverage | |
| 6. Others (Cosmetics and Oil & Gas) | |
| By Region | 1. North America (US and Canada) |
| 2. Europe (UK, Germany, France and Rest of Europe) | |
| 3. Asia Pacific (China, Japan, India and Rest of Asia Pacific) | |
| 4. Latin America (Brazil, Mexico and Rest of Latin America) | |
| 5. Middle East & Africa (GCC and Rest of Middle East & Africa) | |
Based on Type, the microfibrillated Cellulose segment is expected to have the highest market share during the forecast period.
Based on Type, the Nanocellulose market has been segmented into nanofibrillated cellulose (NFC), nanocrystalline cellulose (NCC), bacterial cellulose, microfibrillated cellulose (MFC), and others. The other segment includes cellulose micelles and cellulose whiskers. The microfibrillated cellulose segment is expected to have the highest market share during the forecast period due to the emergence of sustainable packaging materials. Microfibrillated cellulose can form a strong entangled network and provides excellent oxygen and moister barriers. As a result, it has the reinforcing potential for various applications. Microfibrillated cellulose is less costly than other types of nanocellulose. Further, the growing usage of microfibrillated cellulose in various industrial scale is projected to increase the demand for this segment during the forecast period.
Based on the Application, the electronics & sensors segment is expected to hold the largest share in the market during the forecast period.
Based on Application, the market has been segmented into composites & packaging, paper processing, biomedical & pharmaceuticals, electronics & sensors, food and beverage, and others. The other segment includes cosmetics and oil & gas. The electronics & sensors segment is expected to have the highest market share during the forecast period owing to the increasing use of sensors in the industrial and environmental applications. Nanocellulose is widely used in the manufacturing of new re-engineered paper substrates which addresses the challenges of utilizing commercial paper for electronic device production, which is expected to drive the nanocellulose market during the forecast period.
Based on Regions, the Asia Pacific region is anticipated to capture a significant portion of the global market during the forecast period.
The Asia Pacific nanocellulose market is anticipated to capture a significant portion of the global market during the forecast period. The Asia-Pacific nanocellulose market is expected to witness a strong growth owing to the increasing paper production and automobile production in countries, including India, Japan, South Korea, and China. A rapid growth in the domestic paper sector owing to the increasing demand, rising exports, and steadily rising prices are fuelling the demand for nanocellulose. Further, an increase in manufacturing activities in the aerospace industry is expected to fuel the demand for nanocellulose composites in the Asia Pacific region.
Company Profiles and Competitive Intelligence:
The major players operating in the global nanocellulose market are, VTT Group, Kruger Inc., American Process Inc., Ashai Kasei Chemicals Corporation, Borregaard ChemCell, CelluForce, Chuetsu Pulp & Paper Co. Ltd., Daicel Corporation, Daio Paper Corporation, Stora Enso Ltd., and Nippon Paper Industries Co., among others.
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Chapter 1 Research Scope
1.1 Market Segmentation Scope
1.2 Market Regional Scope
Chapter 2 Executive Summary
2.1 Market Summary
2.1 Market Snapshot: Global Nanocellulose Market
2.2 Market Dynamics (DRO)
2.3 Global Nanocellulose Market, by Segment, 2018
2.3.1 Global Nanocellulose Market, by Type, 2018, (US$ Mn)
2.3.2 Global Nanocellulose Market, by Application, 2018, (US$ Mn)
2.3.3 Global Nanocellulose Market, by Region, 2018 (US$ Mn)
2.4 Premium Insights
2.4.1 Developed Vs. Developing Economies, 2018 vs 2026
2.4.2 Regional Life Cycle Analysis
Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Growing demand for sustainable products with improved material science
3.2.2 Strong demand across packaging industry
3.2.3 Driver 3
3.3 Market Restraints
3.3.1 Regulatory barriers
3.3.2 Restraint 2
3.4 Market Opportunities
3.4.1 Growing awareness about the potential use of nanocellulose
3.4.2 Opportunity 2
3.5 Key Trends and Impact on Growth Trajectory
3.6 Industry Value Chain Analysis
3.6.1 Analyst’s Views
3.7 PORTER’s Analysis
3.8 Industry SWOT Analysis
Chapter 4 Global Nanocellulose Market, by Type
4.1 Market Overview, by Type
4.1.1 Incremental Opportunity, by Type, 2018-2026
4.2 Nanofibrillated Cellulose (NFC)
4.2.1 Global Nanocellulose Market, by Nanofibrillated Cellulose (NFC), 2016-2026, (US$ Mn)
4.3 Nanocrystalline Cellulose (NCC)
4.3.1 Global Nanocellulose Market, by Nanocrystalline Cellulose (NCC), 2016-2026, (US$ Mn)
4.4 Bacterial Cellulose
4.4.1 Global Nanocellulose Market, by Bacterial Cellulose, 2016-2026, (US$ Mn)
4.5 Microfibrillated Cellulose (MFC)
4.5.1 Global Nanocellulose Market, by Microfibrillated Cellulose (MFC), 2016-2026, (US$ Mn)
4.6 Others
4.6.1 Global Nanocellulose Market, by Others, 2016-2026, (US$ Mn)
Chapter 5 Global Nanocellulose Market, by Application
5.1 Market Overview, by Application
5.1.1 Global Nanocellulose Market, by Application, 2016-2026 (US$ Mn)
5.1.2 Incremental Opportunity, by Application, 2018-2026
5.2 Composites & Packaging
5.2.1 Global Nanocellulose Market, by Composites & Packaging, 2016-2026, (US$ Mn)
5.3 Electronics & Sensors
5.3.1 Global Nanocellulose Market, by Electronics & Sensors, 2016-2026 (US$ Mn)
5.4 Biomedical & Pharmaceuticals
5.4.1 Global Nanocellulose Market, by Biomedical & Pharmaceuticals, 2016-2026 (US$ Mn)
5.5 Electronics & Sensors
5.5.1 Global Nanocellulose Market, by Electronics & Sensors, 2016-2026 (US$ Mn)
5.6 Biomedical & Pharmaceuticals
5.6.1 Global Nanocellulose Market, by Biomedical & Pharmaceuticals, 2016-2026 (US$ Mn)
5.7 Food and Beverage
5.7.1 Global Nanocellulose Market, by Food and Beverage, 2016-2026 (US$ Mn)
5.8 Others
5.8.1 Global Nanocellulose Market, by Others, 2016-2026 (US$ Mn)
Chapter 6 Global Nanocellulose Market, by Region
6.1 Market Overview, by Region
6.1.1 Global Nanocellulose Market, by Region, 2016-2026, (US$ Mn)
6.2 Attractive Investment Opportunity, by Region, 2018
6.3 North America Nanocellulose Market
6.3.1 North America Nanocellulose Market, by Type, 2016-2026 (US$ Mn)
6.3.2 North America Nanocellulose Market, by Application, 2016-2026 (US$ Mn)
6.3.3 North America Nanocellulose Market, by Country, 2016-2026 (US$ Mn)
6.3.3.1 U.S.
6.3.3.2 Canada
6.4 Europe Nanocellulose Market
6.4.1 Europe Nanocellulose Market, by Type, 2016-2026 (US$ Mn)
6.4.2 Europe Nanocellulose Market, by Application, 2016-2026 (US$ Mn)
6.4.3 Europe Nanocellulose Market, by Country, 2016-2026 (US$ Mn)
6.4.3.1 U.K.
6.4.3.2 Germany
6.4.3.3 Italy
6.4.3.4 France
6.4.3.5 Rest of Europe
6.5 Asia Pacific Nanocellulose Market
6.5.1 Asia Pacific Nanocellulose Market, by Type, 2016-2026 (US$ Mn)
6.5.2 Asia Pacific Nanocellulose Market, by Application, 2016-2026 (US$ Mn)
6.5.3 Asia Pacific Nanocellulose Market, by Country, 2016-2026 (US$ Mn)
6.5.3.1 India
6.5.3.2 China
6.5.3.3 Japan
6.5.3.4 Rest of Asia Pacific
6.6 Latin America Nanocellulose Market
6.6.1 Latin America Nanocellulose Market, by Type, 2016-2026 (US$ Mn)
6.6.2 Latin America Nanocellulose Market, by Application, 2016-2026 (US$ Mn)
6.6.3 Latin America Nanocellulose Market, by Country, 2016-2026 (US$ Mn)
6.6.3.1 Brazil
6.6.3.2 Mexico
6.6.3.3 Rest of Latin America
6.7 Middle East & Africa Nanocellulose Market
6.7.1 Middle East & Africa Nanocellulose Market, by Type, 2016-2026 (US$ Mn)
6.7.2 Middle East & Africa Nanocellulose Market, by Application, 2016-2026 (US$ Mn)
6.7.3 Middle East & Africa Nanocellulose Market, by Region, 2016-2026 (US$ Mn)
6.7.3.1 GCC
6.7.3.2 Rest of Middle East & Africa
Chapter 7 Competitive Intelligence
7.1 Overview
7.2 Market Share Analysis of key players, 2018
7.3 Market Players Present in Market Life Cycle
7.4 Top Players Comparison
7.5 Market Positioning of Key Players, 2018
7.6 Market Players Mapping
7.6.1 By Type
7.6.1 By Application
7.6.2 By Region
7.7 Strategies Adopted by Key Market Players
7.8 Recent Developments in the Market
7.8.1 Mergers & Acquisitions, Partnership, New Product Developments
Chapter 8 Company Profiles
8.1 VTT Group
8.1.1 VTT Group Overview
8.1.2 Key Stakeholders/Person in VTT Group
8.1.3 VTT Group Products Portfolio
8.1.4 VTT Group Financial Overview
8.1.5 VTT Group News/Recent Developments
8.2 Kruger Inc.
8.2.1 Kruger Inc. Overview
8.2.2 Key Stakeholders/Person in Kruger Inc.
8.2.3 Kruger Inc. Products Portfolio
8.2.4 Kruger Inc. Financial Overview
8.2.5 Kruger Inc. News/Recent Developments
8.3 American Process Inc.
8.3.1 American Process Inc. Overview
8.3.2 Key Stakeholders/Person in American Process Inc.
8.3.3 American Process Inc. Products Portfolio
8.3.4 American Process Inc. Financial Overview
8.3.5 American Process Inc. News/Recent Developments
8.4 Ashai Kasei Chemicals Corporation
8.4.1 Ashai Kasei Chemicals Corporation Overview
8.4.2 Key Stakeholders/Person in Ashai Kasei Chemicals Corporation
8.4.3 Ashai Kasei Chemicals Corporation Products Portfolio
8.4.4 Ashai Kasei Chemicals Corporation Financial Overview
8.4.5 Ashai Kasei Chemicals Corporation News/Recent Developments
8.5 Borregaard Chemcell
8.5.1 Borregaard Chemcell Overview
8.5.2 Key Stakeholders/Person in Borregaard Chemcell
8.5.3 Borregaard Chemcell Products Portfolio
8.5.4 Borregaard Chemcell Financial Overview
8.5.5 Borregaard Chemcell News/Recent Developments
8.6 Chuetsu Pulp & Paper Co. Ltd.
8.6.1 Chuetsu Pulp & Paper Co. Ltd. Overview
8.6.2 Key Stakeholders/Person in Chuetsu Pulp & Paper Co. Ltd.
8.6.3 Chuetsu Pulp & Paper Co. Ltd. Products Portfolio
8.6.4 Chuetsu Pulp & Paper Co. Ltd. Financial Overview
8.6.5 Chuetsu Pulp & Paper Co. Ltd. News/Recent Developments
8.7 Daicel Corporation
8.7.1 Daicel Corporation Overview
8.7.2 Key Stakeholders/Person in Daicel Corporation
8.7.3 Daicel Corporation Products Portfolio
8.7.4 Daicel Corporation Financial Overview
8.7.5 Daicel Corporation News/Recent Developments
8.8 Stora Enso Ltd.
8.8.1 Stora Enso Ltd. Overview
8.8.2 Key Stakeholders/Person in Stora Enso Ltd.
8.8.3 Stora Enso Ltd. Products Portfolio
8.8.4 Stora Enso Ltd. Financial Overview
8.8.5 Stora Enso Ltd. News/Recent Developments
8.9 Nippon Paper Industries Co.
8.9.1 Nippon Paper Industries Co. Overview
8.9.2 Key Stakeholders/Person in Nippon Paper Industries Co.
8.9.3 Nippon Paper Industries Co. Products Portfolio
8.9.4 Nippon Paper Industries Co. Financial Overview
8.9.5 Nippon Paper Industries Co. News/Recent Developments
8.10 CelluForce
8.10.1 CelluForce Overview
8.10.2 Key Stakeholders/Person in CelluForce
8.10.3 CelluForce Products Portfolio
8.10.4 CelluForce Financial Overview
8.10.5 CelluForce News/Recent Developments
Chapter 9 Research Methodology
9.1 Methodology/Research Approach
9.2 Market Size Estimation
9.3 Data Source
9.3.1 Secondary Sources
9.3.2 Primary Sources
9.4 Breakup of the Primary Profiles
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