About Nanocellulose
Nanocellulose is a term referring to nano-structured cellulose. The use of nanocellulose offers environmentally friendly solutions and a petroleum-based alternative for a range of industries including automotive and packaging. The use of nanocellulose in buildings offer enhanced thermal insulation capability and mechanical properties that contribute to energy savings, less usage of environmentally harmful materials, and reduction of adverse environmental impacts
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 20.1% |
Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Nanocellulose market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Innventia (Sweden), American Process (United States), FPInnovations (Canada), CelluForce (Canada), Stora Enso (Finland), Kruger (Canada), Diacel FineChem (Japan) and Borregaard (Norway) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Nippon Paper (Japan) and UPM-Kymmene Oyj (Finland).
Segmentation Overview
AMA Research has segmented the market of Global Nanocellulose market by Type (NanoCrystalline Cellulose (NCC), Nanofibrillated Cellulose (NFC) and Bacterial Cellulose), Application (Composites & Packaging, Pulp & Paper, Food Products, Biomedical & Pharmaceuticals, Electronics & Sensors and Others) and Region.
On the basis of geography, the market of Nanocellulose has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Introduction of Innovative Nanocellulose Application by Major Market Players
Market Growth Drivers:
Increasing Demand for Sustainable Products With Improved Material Science and Private and Government Funding for Research in Developed Nations
Challenges:
Lack of Product Standardization
Restraints:
The Requirement of High-End Machinery and Expertise
Opportunities:
Goal to Reduce Vehicle Weight, Growing Personal Care Industry in the Asian Pacific Regions and Increasing Awareness About the Potential Use of Nanocellulose
Market Leaders and their expansionary development strategies
In June 2021 Nippon Paper Industries has acquired Elopack ASA Norway pack company offering paper based packing solution.
In December 2014,Sappi’s new nanocellulose producing pilot plant is being planned for the end of 2015, Sappi group head of technology Andrea Rossi said in a statement on Tuesday.
Key Target Audience
Nanocellulose Manufacturers, Traders, Distributors, and Suppliers of Nanocellulose, Government and Regional Agencies and Research, Investment Research Firms, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.