Nanocellulose Market-By Product (Nanofibrillated Cellulose, Nanocrystalline Cellulose, Bacterial), By Application (Composites, Paper Processing, Food & Beverages, Paints & Coatings, Oil & Gas, Personal Care), By Region & Global Forecast, 2023-2032

Description

The global nanocellulose market is slated to foresee substantial growth through 2032 owing to the expanding food & beverage industry worldwide.

Nanocellulose has been boasting of potential uses across diverse application areas given its anti-microbial properties and non-toxicity. Driven by these attributes, different companies are now investing into the nanocellulose business to introduce new products in the market.

For instance, in July 2020, Sappi Limited, the South African paper mill company, introduced a hand sanitizer, Valida natural cellulose. The latest product innovation helped the firm increase its product portfolio.

The nanocellulose market has been bifurcated in terms of product, application, and region.

Based on the product, the bacterial segment captured a business share of over $10 million in 2022 and is expected to expand at a CAGR of 25% over 2023-2032. The growth in bacterial nanocellulose can be credited to the fact that it is one of the safest and most biocompatible materials.

With respect to application, the paints & coatings segment is poised to grow at a rate of over 24% through 2032. Nanocellulose improves drying time, scratch and wear resistance, and offers increased durability. The use of cellulose nanoparticles as additives to enhance the characteristics of paints and coatings like varnishes and urethanes is one market opportunity that is set to bolster the market growth over the forecast period.

Meanwhile, the oil & gas segment generated a remuneration of over $10.5 million in 2022 and is speculated to grow a CAGR of 24% over the foreseeable time. The use of nanofluids as flooding agents subject to their environmentally friendly attributes will further increase the market size for nanocellulose in the oil & gas sector.

On the other hand, the personal care segment recorded a valuation of $18 million in 2022. The segment would further proliferate at a growth rate of over 24% over the review timeline driven by the use of nanocellulose aerogels in infant diapers, tampons, sanitary towels, and incontinence pads.

From the regional perspective, the Latin America nanocellulose industry is estimated to showcase over 24% growth rate through 2023 credited to the favorable government programs to modernize the infrastructure. The growth of the LATAM nanocellulose industry will also be aided by rising disposable income and public awareness of nanocellulose.

The Middle East & Africa nanocellulose market, likewise, is speculated to depict a growth rate of over 25% over the projected timeframe attributed to the expansion in the petrochemical sector. The rising demand for products such as plastics, packaging materials, composites, etc. from various industrial businesses in African countries is also likely to fuel MEA nanocellulose market dynamics.

Product Code: 2423

Chapter 1 Methodology and Scope

1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast parameters & calculation
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 LATAM
- 1.3.5 MEA
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid Sources
  - 1.4.2.2 Public Sources

Chapter 2 Executive Summary

2.1 Nanocellulose Market 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Product by application trends
- 2.1.3 Application trends
- 2.1.4 Regional trends

Chapter 3 Nanocellulose Market Industry Insights

3.1 Industry segmentation
3.2 Industry size and forecast, 2017 - 2032
- 3.2.1 COVID-19 impact on the industry landscape
3.3 Industry ecosystem analysis
- 3.3.1 Raw material analysis
- 3.3.2 Manufacturing trends
- 3.3.3 Profit margin
- 3.3.4 Value addition
- 3.3.5 Distribution channel analysis
- 3.3.6 Value chain disruption - COVID-19
- 3.3.7 Vendor matrix
  - 3.3.7.1 List of key raw material suppliers
  - 3.3.7.2 List of key manufacturers/distributors
  - 3.3.7.3 List of key potential customers
3.4 Innovation & sustainability
- 3.4.1 Patent analysis
- 3.4.2 Technology landscape
- 3.4.3 Production process
- 3.4.4 Comparison of manufacturing techniques
- 3.4.5 Future trends
3.5 Industry impact forces
- 3.5.1 Growth drivers
  - 3.5.1.1 Global drivers
    - 3.5.1.1.1 Strong product demand across the packaging industry
    - 3.5.1.1.2 Rising food & beverage industry across the globe
    - 3.5.1.1.3 Rising demand for technologically advanced sustainable products across various end-user industries
  - 3.5.1.2 Regional drivers
    - 3.5.1.2.1 Rapidly growing oil & gas industry across North America
    - 3.5.1.2.2 Rising personal care industry in Asia Pacific
- 3.5.2 Industry pitfalls & challenges
  - 3.5.2.1 High product prices
  - 3.5.2.2 Lack of consumer awareness
3.6 Regulatory landscape
- 3.6.1 U.S.
- 3.6.2 Europe
- 3.6.3 China
3.7 Growth potential analysis
3.8 Product parameters
- 3.8.1 Factor for Cellulose Nanofibers
- 3.8.2 Factor for Nanocellulose Crystal
- 3.8.3 Parameter effects on product prices/applications
3.9 Purity characteristics
- 3.9.1 Cellulose nanofibers
- 3.9.2 Nanocellulose Crystal
3.10 Sources of Nanocellulose
- 3.10.1 Production methods
- 3.10.2 Functional group
- 3.10.3 Applications
3.11 Regional price trends
- 3.11.1 COVID-19 impact on pricing
- 3.11.2 Cost structure analysis
  - 3.11.2.1 R&D cost
  - 3.11.2.2 Manufacturing & equipment cost
  - 3.11.2.3 Raw material cost
  - 3.11.2.4 Distribution cost
  - 3.11.2.5 Operating cost
  - 3.11.2.6 Miscellaneous cost
- 3.11.3 Price by product
- 3.11.4 Price by application
3.12 Porter's analysis
- 3.12.1 Supplier power
- 3.12.2 Buyer power
- 3.12.3 Threat of new entrants
- 3.12.4 Threat of substitutes
3.13 PESTEL analysis
3.14 COVID-19 impact on application
- 3.14.1 Composites
- 3.14.2 Paper processing
- 3.14.3 Food & beverage
- 3.14.4 Paints & coatings
- 3.14.5 Oil & gas
- 3.14.6 Personal care
- 3.14.7 Others

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players
4.4 Vendor adoption matrix
4.5 Strategic outlook matrix

Chapter 5 Nanocellulose Market, By Product

5.1 Key grade trends
5.2 Nanofibrillated cellulose
- 5.2.1 Market estimates and forecast, 2018 - 2032
- 5.2.2 Market estimates and forecast, by application, 2018 - 2032
- 5.2.3 Market estimates and forecast, by region, 2018 - 2032
5.3 Nanocrystalline cellulose
- 5.3.1 Market estimates and forecast, 2018 - 2032
- 5.3.2 Market estimates and forecast, by application, 2018 - 2032
- 5.3.3 Market estimates and forecast, by region, 2018 - 2032
5.4 Bacterial
- 5.4.1 Market estimates and forecast, 2018 - 2032
- 5.4.2 Market estimates and forecast, by application, 2018 - 2032
- 5.4.3 Market estimates and forecast, by region, 2018 - 2032

Chapter 6 Nanocellulose Market, By Application

6.1 Key application trends
6.2 Composites
- 6.2.1 Market estimates and forecast, 2018 - 2032
- 6.2.2 Market estimates and forecast, by region, 2018 - 2032
6.3 Paper processing
- 6.3.1 Market estimates and forecast, 2018 - 2032
- 6.3.2 Market estimates and forecast, by region, 2018 - 2032
6.4 Food & beverages
- 6.4.1 Market estimates and forecast, 2018 - 2032
- 6.4.2 Market estimates and forecast, by region, 2018 - 2032
6.5 Paints & coatings
- 6.5.1 Market estimates and forecast, 2018 - 2032
- 6.5.2 Market estimates and forecast, by region, 2018 - 2032
6.6 Oil & gas
- 6.6.1 Market estimates and forecast, 2018 - 2032
- 6.6.2 Market estimates and forecast, by region, 2018 - 2032
6.7 Personal care
- 6.7.1 Market estimates and forecast, 2018 - 2032
- 6.7.2 Market estimates and forecast, by region, 2018 - 2032
6.8 Others
- 6.8.1 Market estimates and forecast, 2018 - 2032
- 6.8.2 Market estimates and forecast, by region, 2018 - 2032

Chapter 7 Nanocellulose Market, By Region

7.1 Key regional trends
7.2 North America
- 7.2.1 Market estimates and forecast, 2018 - 2032
- 7.2.2 Market estimates and forecast, by product by application, 2018 - 2032
- 7.2.3 Market estimates and forecast, by application, 2018 - 2032
- 7.2.4 U.S.
  - 7.2.4.1 Market estimates and forecast, 2018 - 2032
  - 7.2.4.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.2.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.2.5 Canada
  - 7.2.5.1 Market estimates and forecast, 2018 - 2032
  - 7.2.5.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.2.5.3 Market estimates and forecast, by application, 2018 - 2032
7.3 Europe
- 7.3.1 Market estimates and forecast, 2018 - 2032
- 7.3.2 Market estimates and forecast, by product by application, 2018 - 2032
- 7.3.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.4 Germany
  - 7.3.4.1 Market estimates and forecast, 2018 - 2032
  - 7.3.4.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.3.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.5 UK
  - 7.3.5.1 Market estimates and forecast, 2018 - 2032
  - 7.3.5.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.3.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.6 France
  - 7.3.6.1 Market estimates and forecast, 2018 - 2032
  - 7.3.6.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.3.6.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.7 Spain
  - 7.3.7.1 Market estimates and forecast, 2018 - 2032
  - 7.3.7.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.3.7.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.8 Italy
  - 7.3.8.1 Market estimates and forecast, 2018 - 2032
  - 7.3.8.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.3.8.3 Market estimates and forecast, by application, 2018 - 2032
7.4 Asia Pacific
- 7.4.1 Market estimates and forecast, 2018 - 2032
- 7.4.2 Market estimates and forecast, by product by application, 2018 - 2032
- 7.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.4 China
  - 7.4.4.1 Market estimates and forecast, 2018 - 2032
  - 7.4.4.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.4.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.5 Japan
  - 7.4.5.1 Market estimates and forecast, 2018 - 2032
  - 7.4.5.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.4.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.6 India
  - 7.4.6.1 Market estimates and forecast, 2018 - 2032
  - 7.4.6.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.4.6.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.7 Australia
  - 7.4.7.1 Market estimates and forecast, 2018 - 2032
  - 7.4.7.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.4.7.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.8 Indonesia
  - 7.4.8.1 Market estimates and forecast, 2018 - 2032
  - 7.4.8.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.4.8.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.9 Malaysia
  - 7.4.9.1 Market estimates and forecast, 2018 - 2032
  - 7.4.9.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.4.9.3 Market estimates and forecast, by application, 2018 - 2032
7.5 Latin America (LATAM)
- 7.5.1 Market estimates and forecast, 2018 - 2032
- 7.5.2 Market estimates and forecast, by product by application, 2018 - 2032
- 7.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.5.4 Brazil
  - 7.5.4.1 Market estimates and forecast, 2018 - 2032
  - 7.5.4.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.5.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.5.5 Mexico
  - 7.5.5.1 Market estimates and forecast, 2018 - 2032
  - 7.5.5.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.5.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.5.6 Colombia
  - 7.5.6.1 Market estimates and forecast, 2018 - 2032
  - 7.5.6.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.5.6.3 Market estimates and forecast, by application, 2018 - 2032
- 7.5.7 Argentina
  - 7.5.7.1 Market estimates and forecast, 2018 - 2032
  - 7.5.7.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.5.7.3 Market estimates and forecast, by application, 2018 - 2032
- 7.5.8 Chile
  - 7.5.8.1 Market estimates and forecast, 2018 - 2032
  - 7.5.8.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.5.8.3 Market estimates and forecast, by application, 2018 - 2032
- 7.5.9 Peru
  - 7.5.9.1 Market estimates and forecast, 2018 - 2032
  - 7.5.9.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.5.9.3 Market estimates and forecast, by application, 2018 - 2032
7.6 Middle East & Africa (MEA)
- 7.6.1 Market estimates and forecast, 2018 - 2032
- 7.6.2 Market estimates and forecast, by product by application, 2018 - 2032
- 7.6.3 Market estimates and forecast, by application, 2018 - 2032
- 7.6.4 Saudi Arabia
  - 7.6.4.1 Market estimates and forecast, 2018 - 2032
  - 7.6.4.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.6.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.6.5 South Africa
  - 7.6.5.1 Market estimates and forecast, 2018 - 2032
  - 7.6.5.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.6.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.6.6 UAE
  - 7.6.6.1 Market estimates and forecast, 2018 - 2032
  - 7.6.6.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.6.6.3 Market estimates and forecast, by application, 2018 - 2032
- 7.6.7 Kuwait
  - 7.6.7.1 Market estimates and forecast, 2018 - 2032
  - 7.6.7.2 Market estimates and forecast, by product by application, 2018 - 2032
  - 7.6.7.3 Market estimates and forecast, by application, 2018 - 2032

Chapter 8 Company Profiles

8.1 Sappi Limited
- 8.1.1 Business overview
- 8.1.2 Financial data
- 8.1.3 Product landscape
- 8.1.4 Strategic outlook
- 8.1.5 SWOT analysis
8.2 Borregaard ASA
- 8.2.1 Business overview
- 8.2.2 Financial data
- 8.2.3 Product landscape
- 8.2.4 Strategic outlook
- 8.2.5 SWOT analysis
8.3 CelluForce Inc.
- 8.3.1 Business overview
- 8.3.2 Financial data
- 8.3.3 Product landscape
- 8.3.4 Strategic outlook
- 8.3.5 SWOT analysis
8.4 FPInnovations
- 8.4.1 Business overview
- 8.4.2 Financial data
- 8.4.3 Product landscape
- 8.4.4 SWOT analysis
8.5 American Process Inc. (API)
- 8.5.1 Business overview
- 8.5.2 Financial data
- 8.5.3 Product landscape
- 8.5.4 SWOT analysis
8.6 Kruger Inc.
- 8.6.1 Business overview
- 8.6.2 Financial data
- 8.6.3 Product landscape
- 8.6.4 SWOT analysis
8.7 Daicel Corporation
- 8.7.1 Business overview
- 8.7.2 Financial data
- 8.7.3 Product landscape
- 8.7.4 Strategic outlook
- 8.7.5 SWOT analysis
8.8 Nippon Paper Group Inc.
- 8.8.1 Business overview
- 8.8.2 Financial data
- 8.8.3 Product landscape
- 8.8.4 Strategic outlook
- 8.8.5 SWOT analysis
8.9 Melodea Ltd.
- 8.9.1 Business overview
- 8.9.2 Financial data
- 8.9.3 Product landscape
- 8.9.4 Strategic outlook
- 8.9.5 SWOT analysis
8.10 J. Rettenmaier & Sohne GmbH + Co. KG
- 8.10.1 Business overview
- 8.10.2 Financial data
- 8.10.3 Product landscape
- 8.10.4 SWOT analysis
8.11 CelluComp Ltd.
- 8.11.1 Business overview
- 8.11.2 Financial Data
- 8.11.3 Product landscape
- 8.11.4 SWOT analysis
8.12 Asahi Kasei Corporation
- 8.12.1 Business overview
- 8.12.2 Financial data
- 8.12.3 Product landscape
- 8.12.4 Strategic outlook
- 8.12.5 SWOT analysis
8.13 Oji Holdings Corporation
- 8.13.1 Business overview
- 8.13.2 Financial data
- 8.13.3 Product landscape
- 8.13.4 Strategic outlook
- 8.13.5 SWOT analysis
8.14 Stora Enso
- 8.14.1 Business overview
- 8.14.2 Financial data
- 8.14.3 Product landscape
- 8.14.4 Strategic outlook
- 8.14.5 SWOT analysis
8.15 Holmen AB
- 8.15.1 Business overview
- 8.15.2 Financial data
- 8.15.3 Product landscape
- 8.15.4 SWOT analysis
8.16 Anomera
- 8.16.1 Business overview
- 8.16.2 Financial data
- 8.16.3 Product landscape
- 8.16.4 SWOT analysis