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The nanocellulose market size is forecast to increase by USD 441.3 million between 2023 and 2028, accelerating at a CAGR of 18.52%. Nanocellulose, a nanomaterial derived from cellulose fibers, is gaining significant attention in the packaging industry due to its unique properties. Its lightweight nature and high strength make it an ideal alternative to traditional plastic materials, aligning with the increasing demand for eco-friendly and sustainable packaging solutions. Advancements in nanotechnology have facilitated the production of nanocellulose on a large scale, making it more accessible and cost-effective for manufacturers. Furthermore, nanocellulose's excellent barrier properties against water, oil, and gas make it an excellent candidate for various packaging applications, including food, beverage, and pharmaceutical industries. The growing demand for lightweight materials and the need to reduce plastic waste in packaging make nanocellulose a promising solution for the future.
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The nano-fibrillated cellulose segment was the largest segment and was valued at USD 145.00 million in 2018. The nano-fibrillated cellulose segment is estimated to witness significant growth during the forecast period.NFC is highly regarded for its excellent barrier properties. Nano-fibrillated cellulose forms a dense network and exhibits excellent gas barrier performance. This makes NFC a suitable additive for packaging materials, providing better protection against moisture, oxygen, and other unwanted substances. The Paper & pulp industry uses NFC to improve paper properties such as strength, optical properties, and printability. NFC has applications in the food and beverage industry. Owing to its high surface area and ability to absorb water. NFC can be used as a food thickener, stabilizer, or emulsifier. It helps improve texture, extend shelf life, and increase the stability of food formulations. Such factors are expected to stimulate the demand for NFC, which is expected to drive the growth of the nano-fibrillated cellulose segment of the global market during the forecast period
Europe is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Europe attaches great importance to sustainability and environmental protection. Derived from renewable resources such as wood pulp, it is well aligned with regional goals to reduce dependence on non-renewable materials and reduce the industry's carbon footprint. Strict regulations and policies regarding the use of traditional materials and chemicals are prompting the industry to explore alternative materials such as nanocellulose.
Moreover, growing interest in renewable energy sources is a major driver in Europe. Nanocellulose-based materials can be used in energy storage devices such as supercapacitors and batteries owing to their high surface area and excellent mechanical properties. This technology has the potential to revolutionize the energy storage sector by providing a more efficient and sustainable solution. Thus, such factors are expected to stimulate the demand, which is anticipated to fuel the growth of the regional market during the forecast period.
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Nanocellulose is a nanomaterial derived from cellulose, the main structural component of plant matter. It is gaining significant attention in the material science industry due to its unique properties, including biodegradability, low toxicity, increased strength, stiffness, and low weight. The market is expected to grow substantially in the coming years, driven by the demand for sustainable and eco-friendly bio-based products. Nanocellulose can be produced from various sources, including wood-based pulp, microfibrillated cellulose, and bacterial nanocellulose. The production process involves breaking down cellulose fibers into nanoscale dimensions using methods such as high shear forces, high pressure homogenizers, ultrasonic homogenizers, grinders, and microfluidizers. The applications of nanocellulose are vast and diverse, ranging from paperboard and packaging to cellulose derivatives and nanomaterials. The use of nanocellulose in petroleum-based packaging is expected to decline due to its eco-friendly properties. The government's push towards sustainable manufacturing and the increasing awareness of environmental issues are also expected to fuel the growth of the market
In summary, the market is poised for growth due to its unique properties and the increasing demand for sustainable and eco-friendly materials. The production process involves various methods, and the applications of nanocellulose are diverse, ranging from paperboard and packaging to nanomaterials. The market is booming with the rise of bio-based products as sustainable alternatives to petroleum-based packaging. Key products like Microfibrillated Cellulose (MFC) and Cellulose Nanofibers (CNF) derived from wood-based pulp are transforming the paper and pulp industry. Governments are encouraging the use of cellulose derivatives through mechanical methods for their eco-friendly benefits. This innovation is reshaping the pulp and paper business by enhancing product efficiency and sustainability, marking a significant shift towards renewable resources in various industrial applications.
Growing demand for nanocellulose in packaging applications is the key factor driving the growth of the market. Currently, most packaging materials are made from glass, aluminum, tin, and petroleum-based synthetic resins. These materials raise economic and environmental concerns. Manufacturers of packaging materials use many cellulosic materials in applications such as packaging materials, containers, primary and secondary packaging, and flexible and rigid packaging. When cellulosic packaging materials replace paper-based packaging, they offer advantages such as lightweight and sustainability.
Moreover, cellulose nanomaterials can form hydrogen bonds due to their large specific surface area. This hydrogen bonding helps cellulose nanomaterials form a strong and dense network, making them very rigid and can restrict the passage of various molecules. Therefore, nanofibrillated cellulose, nanocrystalline cellulose, and bacterial nanocellulose are considered important and useful materials for the production of cellulosic packaging materials. Hence, such factors are expected to propel the growth of the global market during the forecast period.
The Market is fragmented in nature. Some significant players include American Process International LLC and Asahi Kasei Corp.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
American Process International LLC, Asahi Kasei Corp., Axcelon Biopolymers Corp., Blue Goose Biorefineries Inc., Borregaard ASA, CelluComp Ltd., CelluForce Inc., Daio Paper Corp., FiberLean Technologies Ltd., GranBio Investimentos SA, GS Alliance Co. Ltd., Kruger Inc., Nature Costech Co. Ltd., Nippon Paper Industries Co. Ltd., Oji Holdings Corp., RISE Research Institutes of Sweden, Sappi Ltd., Stora Enso Oyj, UPM Kymmene Corp., and Weidmann Holding AG
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD million" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
Nanocellulose is a revolutionary material in the field of material science, derived from cellulose fibers at the nanoscale. This eco-friendly alternative to traditional petroleum-based materials is gaining popularity due to its sustainable properties. Nanocellulose materials offer increased strength, stiffness, and low weight, making them ideal for various applications. Bio-based products, such as nanocellulose, are becoming increasingly important in today's world, where sustainability is a top priority. The unique properties of nanocellulose, including biodegradability and low toxicity, make it a preferred choice over non-renewable materials like metallic components and steel structures. Nanocellulose materials come in different forms, including Microfibrillated Cellulose (MFC) and Nano Fibrillated Cellulose (NFC), which have nano-scale dimensions and an entangled nanoporous network. These properties result in high yield and excellent surface properties, making them suitable for various industries, such as paper and pulp, composites, paints and coatings, and manufacturing hubs.
Further, the production of nanocellulose can be achieved through mechanical or chemical processing of wood or wood-based pulp. Additives can be used to enhance the properties of nanocellulose further. Nanocellulose has a wide range of applications, including reinforced polymers, paperboard, and even in the production of bacterial nanocellulose for paperboard application. The government's support for sustainable manufacturing and the increasing demand for eco-friendly products are expected to drive the growth of the market. The market for nanocellulose is expected to expand significantly in the coming years, with applications in various industries, including papermaking, composites, and paints and coatings. The market is expanding rapidly, driven by a global shift towards bio-based and sustainable products.
Nanocellulose, derived from wood-based pulp and cellulose derivatives, offers remarkable properties such as high aspect ratio, mechanical strength, and low density. It is used extensively in various industries including pulp and paper, packaging, textiles, and composites. Manufacturers utilize mechanical processing to produce Microfibrillated Cellulose (MFC) and Nanofibrillated Cellulose (NFC), creating nanocomposites with enhanced hardness and electrically conductive properties. Applications range from bulletproof products and active packaging to sanitation tissues and cosmetics, benefiting from nanocellulose's porosity, printing quality, and resistance to microbial contamination. As a naturally abundant and chemically inert material, nanocellulose plays a pivotal role in advancing sustainable solutions across diverse sectors globally.
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Market Scope |
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Report Coverage |
Details |
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Page number |
182 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 18.52% |
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Market growth 2024-2028 |
USD 441.3 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
15.17 |
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Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
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Performing market contribution |
Europe at 36% |
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Key countries |
Germany, US, UK, Canada, and China |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
American Process International LLC, Asahi Kasei Corp., Axcelon Biopolymers Corp., Blue Goose Biorefineries Inc., Borregaard ASA, CelluComp Ltd., CelluForce Inc., Daio Paper Corp., FiberLean Technologies Ltd., GranBio Investimentos SA, GS Alliance Co. Ltd., Kruger Inc., Nature Costech Co. Ltd., Nippon Paper Industries Co. Ltd., Oji Holdings Corp., RISE Research Institutes of Sweden, Sappi Ltd., Stora Enso Oyj, UPM Kymmene Corp., and Weidmann Holding AG |
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Market dynamics |
Parent market growth analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the market forecast period. |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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