Nanocellulose Technology Market: Snapshot

Nanocellulose or nano-sized cellulose is the elementary building block of natural cellulose available in the dimension of 10-9 meter (nanometer). It is a naturally occurring material isolated from cellulose of wood, various plants, algae or bacteria.  Demand for nanocellulose materials is on the rise due to the biodegradability and compatibility. Also, the applications relevant to the fields of material science and biomedical engineering due to the excellent mechanical properties, tailorable surface chemistry and optical properties are propelling the demand for nanocellulose. Two major types of nanocellulose include cellulose nano fibrils and cellulose nano crystals. The unique properties such as high tensile strength, low density and high degree of thermal stability are propelling the demand for nanocellulose for various end user industries.

The attractive features of nanocellulose can be utilized in several end user industries such as composites manufacturing, paper processing, food & beverage, personal care, paints & coatings and pharmaceutical. Potential end user industries include oil & gas, construction and textiles. The global nanocellulose technology market is concentrated on the developed regions such as North America and Europe. Asia Pacific is also anticipated to have attractive growth potential in the nanocellulose technology market due to the increase in demand for biodegradable products from the developed economies. Continuous technological innovations, advancements made in the personal care and pharmaceutical sectors and rise in focus on biodegradable products are propelling the demand for nanocellulose.

global nanocellulose technology market

Extensive support and funding by the governments across the globe is projected to boost nanocellulose market. The government of the U.S, Canada, Sweden, Australia and Japan have initiated research and technology projects to promote production of nanocellulose on pilot and commercial scales during the last decades. The mission P3 Nano, initiated by the governments of the U.S and Canada encourage manufacturers to strategize their business through public-private partnerships is also anticipated to boost the nanocellulose market. Superior structural properties of nanocellulose compared to those of its counterparts such as cellulose ether and cellulose acetate are also expected to increase the demand for nanocellulose. The significant potential of nanocellulose to be used in several industrial applications such as composites, viscosifiers, rheology modifier are expected to offer attractive growth potential for the nanocellulose technology market. The key potential applications of nanocellulose technology market include applications in the end user industries such as oil & gas, textiles and construction

Though nanocellulose technology market is experiencing huge demand from various end user industries, economic barrier in the form of high capital cost hinders its penetration power. Large scale commercial production of nanocellulose requires cost effective production and processing methods. Generally, capacity expansion of manufacturing plants requires installation of advanced equipment, technology and quality management systems. Unavailability of appropriate instrumental infrastructure is likely to hinder the scaling up of nanocellulose production. The major threat for nanocellulose technology is the low cost of substitute products. However, in terms of quality, nanocellulose outshines its counterparts.

Manufacturers are striving to gain competitive advantage in the market by acquiring advanced technologies. With the introduction of sophisticated equipment, the nanocellulose technology market is anticipated to exhibit attractive growth. Manufacturers are engaged in the production of bacterial nanocellulose. However, optimization of the manufacturing process requires more research and developmental activities. Similarly, manufacturers are involved in the production of cellulose nano crystals as well, owing to their unique properties. In 2017, Borregaard, a key player in nanocellulose technology market invested a significant amount for the enhancement of the production of nanocellulose. The partnership agreement between Cellu Force Inc and Fibria Cellulose in the manufacturing of nanocellulose crystals was initiated in 2016. In the same year, Nippon Paper Industries Co., Ltd acquired the liquid packaging board business of Weyerhaeuser  and the acquisition is anticipated to help Nippon paper Industries sharpen its product portfolio in its wood and cellulose fiber products. The biodegradable nanocellulose product, developed by Stora Enso is used for packaging dairy products and other chilled foods. Manufacturers strive to expand towards the emerging economies in the Asia Pacific region.

Nanocellulose technology market made substantial progress in the last decade. Advancements in nanotechnology is the key factor behind this huge expansion of the market. The key players operating in the global nanocellulose technology market includes Borregaard, UPM-Kymmene Corporation, CelluForce Inc, American Process Inc, Nippon Paper Industries, Co.Ltd , Axcelon Biopolymers Corporation, Innventia AB, Melodea Ltd, Oji Holdings Corporation, Stora Enso and Sappi Global. Most of the manufacturers focus on the extensive research and developmental activities to develop high performance bacterial nanocellulose based products for biomedical and non-medical applications.

Nanocellulose Technology Market: Overview

Nanocellulose products are employed in various end user industries including composites, paper processing, food & beverage, paints & coatings, medical & pharmaceutical, personal care, and others which include oil & gas, textiles and cement. The global nanocellulose technology market is poised to expand at a high growth rate, driven by the growing demand for renewable and biodegradable natural materials. Excellent strength to weight ratio of the nanocellulose attracts the manufacturers and make them to invest high. Continuous technological innovations, advancements made in the personal care and focus on biodegradable food packaging are also fuelling the demand for nanocellulose based products

The cellulosic source of nanocellulose can be trees, various plants, algae or bacteria. Nanocellulose offers several functional advantages such as light weight feature, large surface area, high strength, stiffness, chemical reactivity, non-toxicity, and biodegradability. Cellulose nano fibrils, cellulose nano crystals and bacterial nanocellulose are the commercially available nanocellulose products. Cellulose fibers obtained from the wood pulp undergo mechanical agitation and enzymatic hydrolysis for getting converted into the nano form. Bacterial nanocellulose is biosynthesized in its pure form, mostly by the Acetobacter xylinum. Nanocellulose materials act as reinforcement agents, and they exhibit excellent tensile strength in polymer composite materials. Unique optical, electrical, and magnetic properties of nanocellulose make it suitable for a wide range of applications. Cellulose nanofibrils have shown great potential in several applications including biomedical, bioimaging, nanocomposite, gas barrier films and optically transparent functional materials. The high stiffness and strength of the nanocellulose material is the key factor, attracting the manufacturers for producing the nanocellulose based products. Moreover, the recent advancements in the ultra -thin technology is also anticipated to offer attractive growth potential for the nanocellulose technology market.

Awareness on the green materials is on the rise, especially in the developed regions. Stringent environmental regulations exist in these regions propel the expansion of nanocellulose technology market in these regions. Partnerships among the forest products industry and other manufacturing industries are likely to produce green nanocellulose which is environmentally sustainable to a large consumer market with competitive cost and performance. The Government of the U.S., Canada, Sweden, Australia, and Japan have initiated research and technology development projects to promote production of nanocellulose on pilot and commercial scales during the last decade. Thus, extensive support and funding by various governments are projected to boost the nanocellulose technology market. Superior structural properties of nanocellulose make it an ideal material to be used for the various end user industries.

Nanocellulose Technology Market: Key Research Aspects

The report analyses and forecasts the market for nanocellulose technology at the global and regional level. The market has been forecast based on revenue (US$ Thousand) & Volume (Kilograms) from 2017 to 2025. The study includes drivers and restraints of the global nanocellulose technology market. It also covers the impact of these drivers and restraints on demand for nanocellulose technology during the forecast period. The report also highlights opportunities in the nanocellulose technology market at the global and regional level.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global nanocellulose technology market. Porter’s Five Forces model for the nanocellulose technology market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-user are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global nanocellulose technology market by segmenting it in terms product, end user and region. These segments have been analyzed based on the present and future trends. Regional segmentation includes the current and forecasted demand for nanocellulose in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand for individual end user segments in all the regions

The study includes profiles of major companies operating in the global nanocellulose technology market. Key players profiled in the global nanocellulose technology market includes Borregaard, UPM-Kymmene Corporation, CelluForce Inc, American Process, Inc, Nippon Paper Industries Co., Ltd, Axcelon Biopolymers Corporation, Innventia AB, Melodea Ltd, Oji Holdings Corporation, Stora Enso, BASF SE, Daicel Finechem Ltd and Sappi Global. Market players have been profiled in terms of attributes such as company overview, business strategies, recent developments and SWOT analysis

The report provides the estimated market size of nanocellulose technology for 2016 and forecast for the next nine years. The global market size of nanocellulose technology market has been provided in terms of revenue and volume. Market numbers have been estimated based on product, end user and region segments. Market size and forecast for each major product and end user have been provided in terms of global and regional markets.

Nanocellulose Technology Market – Product Analysis

  • CNF(Cellulose Nano Fibrils)
  • CNC(Cellulose Nano Crystals)
  • BNC (Bacterial Nano Cellulose)

Nanocellulose Technology Market – End user Analysis

  • Composites Manufacturing
  • Paper Processing
  • Food & Beverage
  • Paints & Coatings
  • Medical & Pharmaceutical
  • Personal care
  • Others (Oil & Gas, Textiles, Cement)

Nanocellulose Technology Market – Regional Analysis

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

Key Takeaways

  • The report provides an extensive analysis of nanocellulose market trends and shares from 2016 to 2025 to identify the market opportunities and industry development
  • The report provides production output by region and the list of manufacturers with production capacity
  • The report also provides list of investments for nanocellulose projects made by government and government supported organizations
  • Identify the key factors responsible to build the upcoming opportunistic roadmap for nanocellulose technology market at a global, regional, and country level
  • Comprehensive analysis with respect to investments, regulatory scenario, and price trend that subsequently impact the market outlook and forecast of global nanocellulose technology market between 2016 and 2025
  • The report provides insights on market opportunities for various stakeholders in the value chain and detailed competition landscape for key players dominating the industry to understand competition level
  • Porters’ Five Forces and SWOT analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit oriented business decisions and analyze the strength and weakness to gain strategic position in the market