Global Nanocellulose Market is valued approximately USD 281.11 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9.0% over the forecast period 2021-2027.

Nanocellulose is a nano-structured cellulose, which is prepared from wood cellulose having properties such as high crystallinity, Young's moduli, aspect ratio, and tensile strengths. This material is isolated from the wood by using mechanical methods by putting high shear force. The rising demand for sustainable goods with enhanced material science, coupled with the growth prospects of nanocellulose across various industries such as food & beverages, oil & gas, and personal care is exhibiting the potential growth of the market over the forecasting years. Moreover, in October 2018, Cellutech AB- a cellulose technology company was acquired by Stora Enso. The objective of the acquisition is to develop nanocellulose materials for packaging applications and reinforce its position across the packaging industry. Accordingly, these factors are further bolstering the market development. However, regulatory barriers and high production costs impedes the growth of the market over the forecast period of 2021-2027. Also, growing awareness regarding the potential use of nanocellulose is likely to boost the market growth during the forecast period.

The key regions considered for the global Nanocellulose market study includes Asia Pacific, North America, Europe, Latin America and the Rest of the World. Europe is the leading region across the world in terms of market share owing to the availability of some product development projects, which have been sponsored by the government and private segments. Whereas, Asia-Pacific is anticipated to exhibit a considerable growth rate over the forecast period 2021-2027. Factors such as rising investments in R&D activities for the nanocellulose materials, as well as surging demand in the pulp & paper application would create lucrative growth prospects for the Nanocellulose market across the Asia-Pacific region.

Major market player included in this report are:

Daicel Finchem Ltd

Nippon Paper Industries C0., Ltd

Borregard

Celluforce

Sappi Ltd

Kruger Inc.

Stora Enso

American Process Inc.

UPM

Rettenmaier & Sohne GmbH

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Microfibrillated Cellulose (MFC) & Nanofibrillated Cellulose (NFC) Cellulose Nanocrystal (CNC or NCC)

Others (Bacterial nanocellulose (BNC), Amorphous Nanocellulose (ANC), and Cellulose Nanoyarn (CNY))

By Application:

Pulp & Paper

Composites

Biomedical & Pharmaceuticals

Electronics Sensors

Others (cosmetics, oil & gas, and food)

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027

Target Audience of the Global Nanocellulose Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors