Nanocrystalline Cellulose Market Size, Share, Trends and Future Growth Predictions and Forecast 2018

Published: Thu May 30 2019

Nanocrystalline cellulose are extracted from woody biomass and processed into solid flake, liquid, or gel forms. It is extensively employed in various end-user industries such as composites manufacturing, paper processing, food & beverage, paints & coatings, medical & pharmaceutical, personal care, and others which include oil & gas, textiles, and cement due to its superior properties such as high strength, electro-magnetic response, and  biodegradability. The global Nanocrystalline Cellulose Market is projected to expand at a substantial pace due to rise in demand for renewable and biodegradable natural materials. Manufacturers are increasingly utilizing nanocrystalline cellulose due to its high strength-to-weight ratio.

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Continuous technological innovation in material science and nanotechnology, advancements in the personal care industry, and focus on biodegradable food packaging are fuelling the demand for nanocrystalline cellulose. Nanocrystalline cellulose can alter characteristics of a material by changing its permeability, strength, flexibility, and optical properties. Use of nanocrystalline cellulose improves tensile strength, stiffness, and surface smoothness. Optical films incorporated with nanocrystalline cellulose are well suited for the use in specialty packaging, biosensors, and security devices. Nanocrystalline cellulose is derived from cellulose, which is found in plants and trees. Nanocrystalline cellulose offers several advantages such as reduced weight, high surface area, high strength, stiffness, chemical reactivity, non-toxicity, and biodegradability. Nanocrystalline cellulose act as reinforcement agents and exhibit superior tensile strength in polymer composite materials. Unique optical, electrical, and magnetic properties of nanocrystalline cellulose make it suitable for a wide range of applications. Nanocrystalline cellulose is utilized in several applications such as biomedical, bioimaging, nanocomposite, gas barrier films, and optically transparent functional materials. Manufacturers are increasingly producing nanocrystalline cellulose-based products, as nanocrystalline cellulose provides high stiffness and strength. Furthermore, advancements in the ultra-thin technology is anticipated to create lucrative opportunities in the nanocrystalline cellulose market.

Rise in demand for green materials in developed regions is driving the nanocrystalline cellulose market. Implementation of stringent environmental regulations propel the nanocrystalline cellulose market in developed regions. Manufacturers strive to produce green nanocrystalline products by collaborating with companies that produce forest products. Countries such as the U.S., Canada, Sweden, Australia, and Japan have been investing considerably in research and development activities to promote the production of nanocrystalline cellulose on pilot and commercial scales in the last few years. Support and funding from governments are projected to boost the nanocrystalline cellulose market.

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The report analyzes and forecasts the nanocrystalline cellulose market at a global and regional level. The market has been forecast based on volume (kilograms) and value (US$ thousand) from 2018 to 2026. The study includes drivers and restraints of the global nanocrystalline cellulose market. It also covers the impact of these drivers and restraints have on the demand for nanocrystalline cellulose during the forecast period. The report also highlights opportunities in the nanocrystalline cellulose market at a global and regional level.

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

The study provides a decisive view of the global nanocrystalline market by segmenting it in terms of 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 nanocrystalline cellulose in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also includes the demand for individual end-user segments in all regions.

The study includes profiles of major companies operating in the global nanocrystalline cellulose market. Key players profiled in the global nanocrystalline cellulose market include CelluForce, UPM, American Process Inc, Borregaard, NIPPON PAPER INDUSTRIES CO.LTD, RISE Innventia AB, Melodea Ltd, Stora Enso, and Sappi. 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 nanocrystalline cellulose for 2017 and forecast for the next nine years. The global market size of nanocrystalline cellulose market has been provided in terms of volume and revenue. Market numbers have been estimated based on 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.

Nanocrystalline Cellulose Market, by End-user Analysis

  • Composites Manufacturing

  • Paper Processing

  • Food & Beverage

  • Paints & Coatings

  • Medical & Pharmaceutical

  • Personal Care

  • Others (including Oil & Gas, Textiles, and Cement)

Nanocrystalline Cellulose Market, by Regional Analysis

  • North America

    • S.

    • Canada

  • Latin America

    • Brazil

    • Mexico

    • Rest of Latin America

  • Europe

    • Germany

    • K

    • Sweden

    • Norway

    • Russia & CIS

    • 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 nanocrystalline cellulose market trends and shares from 2017 to 2026 to identify market opportunities and industry development

  • The report provides production output by region and a list of manufacturers and their production capacities

  • The report includes a list of investments for nanocrystalline cellulose projects made by governments and government-supported organizations

  • Identify key factors responsible to build the upcoming opportunistic roadmap for nanocrystalline cellulose market at a global, regional, and country level

  • Comprehensive analysis of investments, regulatory scenario, and price trends that impact the outlook and forecast of the global nanocrystalline cellulose market between 2018 and 2026

  • The report provides insights on opportunities for various stakeholders in the value chain and detailed competition landscape for key players in the market to understand the competition level

  • Porters’ Five Forces and SWOT analysis highlights the potential of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and analyze the strength and weakness to gain a larger share of the market

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