Nanocellulose Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[178+ Pages Report] According to the report published by Facts Factors, the global nanocellulose market size was worth around USD 290 million in 2019 and is predicted to grow to around USD 670 million by 2026 with a compound annual growth rate (CAGR) of roughly 19% between 2020 and 2026. The report analyzes the global nanocellulose market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the nanocellulose market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Nanocellulose industry. The report analyzes and declares the historical and current trends analysis of the Nanocellulose industry and subsequently recommends the projected trends anticipated to be observed in the Nanocellulose market during the upcoming years.

The Nanocellulose market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Nanocellulose market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

Key Insights from Primary Research

• According to the primary CXO’s of the global Nanocellulose market, the market is estimated to witness a substantial growth of nearly 19% over the forecast period.
• The market was valued at USD 290 million, in 2019 and is expected to be valued over USD 670 million.
• On the basis of the type segment, Cellulose Nanocrystals dominated the global Nanocellulose market in 2019. In terms of revenue, it accounted for more than a 30% share of the total market in 2019.
• Asia Pacific market is expected to be the fastest goring region for Nanocellulose over the forecast period owing to growing investments for R&D and pharmaceuticals companies in the region.
• By geography, the North America region headed the market with a share of above 31%, in 2019.

Key Recommendations from Analysts

• Higher prevalence of bipolar disorders, technological advances, high unmet medical needs and government initiatives are major factors that are expected to drive the development in the near future.
• The strategic developments such as regional expansion, product innovations and on-going research and developments by the major companies such as Sappi Ltd., Innventia AB, Borregard ASA, Fpinnovations, etc. is likely to boom the market’s growth over the up-coming years.
• Our analysts recommend that the Asia Pacific region is predicted to witness a significant growth attributed to the growing demand for Nanocellulose from China and India.       
• Expansion of pharmaceuticals companies especially in emerging market is antipicated to fuel the demand for Nanocellulose drug in the developing regions over the forthcoming years.
• Strengthening the distribution channel and growing availability of bipolar disorder drugs online may also help the major player to cater the lucrative growth of the market over the years to come.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Nanocellulose industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Nanocellulose industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Nanocellulose market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Nanocellulose industry. The Nanocellulose market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Nanocellulose sector. Key strategic developments in the Nanocellulose market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Nanocellulose market are appropriately highlighted in the report.

The Nanocellulose market research report delivers an acute valuation and taxonomy of the Nanocellulose industry by practically splitting the market on the basis of different types, category and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Nanocellulose industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Nanocellulose industry is provided for the leading economies of the world.

The global market for nanocellulose is expected to see significant growth over the forecast period as cellulose materials are increasingly used for paper and pulp production, along with increasing environmental concerns. Instable petrochemical rates are expected to increase consumer demand in the near future. The biodegradable, non-toxic and reusable nature, together with the thixotropic nature of nanocellulose, is expected to increase demand over the next seven years. Price efficiency and the extensive availability of raw materials such as cellulose are expected to boost the food supply scenario in the near future. High cost savings in nanocellulose production are expected to fuel consumer demand in the near future.

The increasing demand for environmentally friendly paints, composites and lacquers is expected to drive the market in the near future. Health requirements such as biobarriers, antimicrobial films, biopolymers, toilets, tampons and wound dressing are expected to increase the market over the forecast period due to enhanced absorbent properties. Global market companies are investing aggressively in R&D to develop applications-specific finished goods that will further boost demand growth over the next seven years.

The growing demand for industrial production generates the need for technical advances in the commercialization of the commodity in the industrial sector. Bio-based nanocellulose can be produced using the conversion and extraction technologies required and is expected to increase consumer demand over the forecast period as a result of favorable government policies to encourage the production and use of bio-based products.

Nanocellulose market was approximately accounted for USD 290 Million in 2019. The market is expected to grow above a CAGR of 19% and is anticipated to reach over USD 670 Million by 2026

Nanocellulose is expected to replace a number of products in the future in order to generate reproducible and reliable data for the marketing of nanocellulose products and the acquisition of consumer confidence. Nanocellulose manufacturers and research institutions are expected to play a key role in addressing the trust issues associated with the launch of new nanocellulose products. Appropriate promotional practices and product positioning will lead consumers to adopt nanocellulose products. Government financing, along with an efficient supply chain, would also play an important role in increasing global market penetration.

The Nanocellulose market is segmented based on drug type, application and region. On the basis of drug type segmentation, the market is classified into Microfibrillated Cellulose and Cellulose Nanocrystals. Based on application, the market is bifurcated into Pulp& paper, Composites & packaging, Biomedical & pharmaceuticals, and Electronics & sensors.

Report Scope

Some of the leading players in the global market include

• Sappi Ltd.
• Innventia AB
• Borregard ASA
• Fpinnovations
• CelluForce Inc
• American Process Inc
• STORA ENSO
• Daicel FineChem Ltd
• Kruger Inc
• Nippon Paper Group Inc
• CelluComp Ltd.
• J. Rettenmaire & Sohne GmBH (JRS)
• Melodea Ltd
• Asahi Kasei Corporation

The taxonomy of the Nanocellulose industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Microfibrillated Cellulose
• Cellulose Nanocrystals

By Application Segmentation Analysis

• Pulp& paper
• Composites & packaging
• Biomedical & pharmaceuticals
• Electronics & sensors

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa