Nanocrystalline Cellulose Market

Stay ahead of the competition in the Nanocrystalline Cellulose market with comprehensive insights on sales trends, growth opportunities, and future prospects

Increasing Use as Sustainable Reinforcing Agent Driving Market Growth

Category: Chemicals & Materials Published Date : Feb-23 ID: CVC-3013 Format: PDF Pages: 275

Report Highlights

According to a research survey conducted by ChemView Consulting, Nanocrystalline Cellulose Market is estimated to be worth US$ 520.19 Mn in 2023. The market is expected to grow at a CAGR of 22.70% between 2023 and 2033 to hit US$ 4,029.12 Mn by 2033 end.

Key Market Trends

The Rise of Nanocrystalline Cellulose in Sustainable Packaging

Nanocrystalline cellulose (NCC) is a versatile and eco-friendly material that can be derived from various biomass sources, including wood pulp and agricultural waste. As a result, NCC has gained significant attention as a potential replacement for traditional plastic packaging materials, which are notoriously difficult to recycle and contribute to environmental pollution. In the coming years, the market for NCC-based packaging solutions is expected to grow exponentially as more companies seek to reduce their carbon footprint and meet the demands of environmentally conscious consumers.

Nanocrystalline Cellulose Finds New Applications

Nanocrystalline cellulose is a versatile material that has found a wide range of applications in biomedical engineering. Its unique properties, including high surface area and biocompatibility, make it an attractive material for drug delivery systems, tissue engineering, and wound healing. As research continues to uncover new uses for NCC in biomedicine, the market is expected to see significant growth in the coming years.

Market Drivers

Growing Demand for Sustainable Packaging Boosts Nanocrystalline Cellulose Market

The nanocrystalline cellulose market is witnessing significant growth due to the rising demand for sustainable packaging solutions across various end-use industries. Nanocrystalline cellulose, also known as cellulose nanocrystals, is a renewable and biodegradable material derived from cellulose fibers found in plants. It offers superior strength, barrier properties, and lightweight characteristics compared to traditional packaging materials like plastics and metals. The increasing awareness about the harmful impact of plastic waste on the environment is driving consumers and businesses to adopt eco-friendly packaging solutions. As a result, the demand for nanocrystalline cellulose in the packaging industry is rapidly increasing.

Technological Advancements in Nanocrystalline Cellulose Production Drives Market Growth

The nanocrystalline cellulose market is witnessing significant growth due to the advancements in the production technology of the material. The traditional process of producing nanocrystalline cellulose involves harsh chemical treatments, which results in a high environmental impact and low yield. However, recent developments in the production process have enabled the use of eco-friendly and sustainable methods like enzymatic hydrolysis and mechanical treatment.

The new production methods not only reduce the environmental impact but also increase the yield and quality of the material. This has led to the development of various applications of nanocrystalline cellulose in industries like packaging, paper and pulp, composites, and biomedical.

Segmentation Insights

After conducting a thorough analysis of the Nanocrystalline Cellulose Market, we have identified the top three trending segments in the industry. These segments are experiencing high demand, strong market growth, and widespread adoption.

Most Popular (Fastest Growth Rate)

Hardwood Pulp (Composites)

Nanocrystalline Cellulose derived from Hardwood Pulp has emerged as the most popular choice in the Nanocrystalline Cellulose Market for Composites. The superior mechanical properties, low weight, and low environmental impact of nanocrystalline cellulose make it an attractive reinforcement material for polymer composites. The high strength and stiffness of Hardwood Pulp-based nanocrystalline cellulose make it the preferred choice for consumers seeking efficient and sustainable composite materials.

Most Selling (Largest Market Share)

Industrial Grade Nanocrystalline Cellulose (Paper Processing)

Industrial Grade Nanocrystalline Cellulose is the most selling product in the Nanocrystalline Cellulose Market for Paper Processing. This grade of nanocrystalline cellulose improves the strength and durability of paper products, reduces paper weight, and enhances the printing quality. The high consistency and availability of Industrial Grade Nanocrystalline Cellulose make it the go-to choice for consumers seeking cost-effective and high-performance paper processing solutions.

Trending (Gaining Traction)

Biomedicine (Pharmaceutical/Food Grade)

Pharmaceutical/Food Grade Nanocrystalline Cellulose is gaining significant traction in the Nanocrystalline Cellulose Market for Biomedicine applications. This grade of nanocrystalline cellulose is derived from high-purity sources and undergoes rigorous testing to ensure safety and efficacy. The biocompatibility and versatility of Pharmaceutical/Food Grade Nanocrystalline Cellulose make it the trending choice for consumers seeking sustainable and effective solutions for biomedical applications such as drug delivery, wound healing, and tissue engineering.

Regional Insights

Growing Use of Nanocrystalline Cellulose in Food Industry Drives Asia Pacific Market Growth

The Asia Pacific nanocrystalline cellulose market is expected to experience significant growth due to the increasing use of the material in the food industry. Nanocrystalline cellulose is a versatile material that can be used as a thickener, stabilizer, and emulsifier in food products. Its unique properties make it an ideal substitute for traditional food additives that may not be as safe or sustainable.

Growing Awareness of Health Benefits of Nanocrystalline Cellulose Drives its Adoption in the Food and Beverage Industry in North America

Nanocrystalline cellulose (NCC) has been gaining popularity in the food and beverage industry due to its unique properties such as high water-holding capacity, viscosity, and stability. These properties make NCC an ideal ingredient for use in various food and beverage products, including dairy products, bakery goods, and beverages.

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Report Includes

Research Scope/Taxonomy
Market Analysis by Source:

  • Softwood Pulp
  • Hardwood Pulp

Market Analysis by Grade:

  • Industrial Grade Nanocrystalline Cellulose
  • Pharmaceutical/Food Grade Nanocrystalline Cellulose

Market Analysis by basis of Form:

  • Powder Nanocrystalline Cellulose
  • Liquid Nanocrystalline Cellulose

Market Analysis by Application:

  • Composites
  • Packaging
  • Paper Processing
  • Rheology Modifier
  • Biomedicine
  • Drilling Fluid
  • Personal Care
  • Cellulose lab

Market analysis by region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Middle East & Africa
  • East Asia
  • South Asia & Pacific

Analyst Credentials

Key Companies Profiled

  • Nippon Paper Industries Co., Ltd.
  • Borregaard
  • Celluforce
  • Sappi Ltd.
  • Kruger Inc.
  • Stora Enso
  • American process Inc
  • Innventia AB

1.1. Global Market Snapshot

1.2. Key Success Factors

1.3. Strategic Analysis and Recommendations

2.1. Market Taxonomy

2.2. Market Definitions

3.1. Preliminary Investigation & Research Design

3.2. Secondary Research & Primary Research

3.3. Data Analysis & Econometric Modelling

3.4. Expert Data Validation

4.1. Supply-Side Trends

4.2. Demand-Side Trends

5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032

5.2. Incremental $ Opportunity Index, 2022-2032

5.3. Global Market Volume (Tons) Analysis, 2017 – 2032

6.1. Regional Level Pricing Analysis and Forecast

6.1.1. Manufacturers Level Pricing

6.1.2. Distributor Level Pricing

6.2. Global Pricing Analysis Benchmark

6.3. Cost Breakdown Analysis

7.1. Cross Analysis of GradeW.R.T. Source

8.1. Regional Supply Vs. Demand Gap Assessment

8.2. Top Producing Countries Analysis

9.1. Macroeconomic Factors

9.2. Forecast Factors

9.3. Market Dynamics

9.3.1. Driver

9.3.2. Restraint

9.3.3. Opportunity

9.4. Supply Chain Analysis

9.4.1. List Raw Material Suppliers

9.4.2. List of Manufacturers

9.4.3. List of Distributors

9.4.4. List of End-Users

9.4.5. End-Users Consumption Analysis

9.4.6. Average Profitability Margin Analysis

9.5. Covid-19 Impact Assessment

9.5.1. Economy/Cluster Projections

9.5.2. Covid-19 Economic Assessment

9.5.3. Impact on Target Market

9.5.4. Recovery Scenario

9.6. Regulatory Framework

9.6.1. Regulations of Key Countries

9.6.2. Potential Impact of Regulations

9.7. Porter’s Five Forces Analysis

9.8. Technology Landscape

10.1. Introduction

10.2. Key Market Trends

10.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Source [Value (US$ Mn) and Volume (Tons) Analysis]

10.3.1. Softwood Pulp

10.3.2. Hardwood Pulp

10.4. Market Attractiveness Analysis by Source

11.1. Introduction

11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Grade[Value (US$ Mn) and Volume (Tons) Analysis]

11.2.1. Industrial Grade Nanocrystalline Cellulose

11.2.2. Pharmaceutical/Food Grade Nanocrystalline Cellulose

11.3. Market Attractiveness Analysis by Grade

12.1. Introduction

12.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Basis of Form [Value (US$ Mn) and Volume (Tons) Analysis]

12.2.1. Powder Nanocrystalline Cellulose

12.2.2. Liquid Nanocrystalline Cellulose

12.3. Market Attractiveness Analysis by Basis of Form

13.1. Introduction

13.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application [Value (US$ Mn) and Volume (Tons) Analysis]

13.2.1. Composites

13.2.2. Packaging

13.2.3. Paper Processing

13.2.4. Rheology Modifier

13.2.5. Biomedicine

13.2.6. Drilling Fluid

13.2.7. Personal Care

13.2.8. Cellulose lab

13.3. Diamond Wires for Metal CuttingMarket Attractiveness Analysis by Application

14.1. Introduction

14.2. Key Market Trends

14.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]

14.3.1. North America

14.3.2. Latin America

14.3.3. Europe

14.3.4. Asia-Pacific

14.3.5. Middle East

14.3.6. Africa

14.4. Market Attractiveness Analysis by Region

15.1. Introduction

15.2. Key Market Trends

15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]

15.3.1. By Country U.S. Canada

15.3.2. By Source

15.3.3. By Grade

15.3.4. By Basis of Form

15.3.5. By Application

15.4. Market Attractiveness Analysis

15.4.1. By Country

15.4.2. By Source

15.4.3. By Grade

15.4.4. By Basis of Form

15.4.5. By Application

16.1. Introduction

16.2. Key Market Trends

16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]

16.3.1. By Country Brazil Mexico Rest of Latin America

16.3.2. By Source

16.3.3. By Grade

16.3.4. By Basis of Form

16.3.5. By Application

16.4. Market Attractiveness Analysis

16.4.1. By Country

16.4.2. By Source

16.4.3. By Grade

16.4.4. By Basis of Form

16.4.5. By Application

17.1. Introduction

17.2. Key Market Trends

17.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]

17.3.1. By Country Germany Italy France UK Spain Netherlands Norway Russia Rest of Europe

17.3.2. By Source

17.3.3. By Grade

17.3.4. By Basis of Form

17.3.5. By Application

17.4. Market Attractiveness Analysis

17.4.1. By Country

17.4.2. By Source

17.4.3. By Grade

17.4.4. By Basis of Form

17.4.5. By Application

17.4.6. By Source

17.4.7. By Grade

18.1. Introduction

18.2. Key Market Trends

18.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]

18.3.1. By Country China Japan South Korea India Indonesia Thailand Vietnam Australia & New Zealand Rest of Asia-Pacific

18.3.2. By Source

18.3.3. By Grade

18.3.4. By Basis of Form

18.3.5. By Application

18.4. Market Attractiveness Analysis

18.4.1. By Country

18.4.2. By Source

18.4.3. By Grade

18.4.4. By Basis of Form

18.4.5. By Application

19.1. Introduction

19.2. Key Market Trends

19.3. Pricing Analysis

19.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]

19.4.1. By Country Saudi Arabia Turkey U.A.E. Rest of the Middle East

19.4.2. By Source

19.4.3. By Grade

19.4.4. By Basis of Form

19.4.5. By Application

19.5. Market Attractiveness Analysis

19.5.1. By Country

19.5.2. By Source

19.5.3. By Grade

19.5.4. By Basis of Form

19.5.5. By Application

20.1. Introduction

20.2. Key Market Trends

20.3. Pricing Analysis

20.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]

20.4.1. By Country South Africa Nigeria Egypt Rest of Africa

20.4.2. By Source

20.4.3. By Grade

20.4.4. By Basis of Form

20.4.5. By Application

20.5. Market Attractiveness Analysis

20.5.1. By Country

20.5.2. By Source

20.5.3. By Grade

20.5.4. By Basis of Form

20.5.5. By Application

21.1. Tier Structure Breakdown

21.2. Market Share Analysis

21.3. Production Capacity Analysis

21.4. Company Footprint Analysis

21.4.1. Product Footprint of Players

21.4.2. Regional Footprint of Players

21.4.3. Channel Footprint of Players

21.5. Brand Preference Analysis

21.6. Competition Dashboard

22.1. Nippon Paper Industries Co., Ltd.

22.1.1. Company Overview

22.1.2. Product & Financial Portfolio

22.1.3. Manufacturing Facilities

22.1.4. Recent Developments

22.1.5. SWOT Analysis

22.1.6. Strategy Overview

22.2. Borregaard

22.3. Celluforce

22.4. Sappi Ltd.

22.5. Kruger Inc.

22.6. Stora Enso

22.7. American process Inc

22.8. Innventia AB