According to a new market research report, the “Nanocellulose Market by Type (MFC & NFC, CNC/NCC), Raw Material (Wood, Non-wood), Application (Paper & Pulp, Composites, Paints & Coatings, Biomedical & Pharmaceuticals, Electronics & Sensors), and Region – Global Forecast to 2030” is expected to grow from USD 0.4 billion in 2022 to USD 2.0 billion by 2030, at a CAGR of 21.9%. The major factors driving the nanocellulose market include growth of major applications such as paper & pulp, composites, paints & coatings, biomedical & pharmaceuticals, among others.
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201 Market data Tables
192 Pages and in-depth TOC on “ Nanocellulose Market – Global Forecast to 2030”.
This report also provides a comprehensive analysis of the companies listed below:
The major players in the nanocellulose market include Fiberlean Technologies (UK), Borregaard (Norway), Nippon Paper Industries (Japan), Celluforce Inc. (Canada), Kruger Inc. (Canada), Stora Enso (Finland), RISE Innventia (Sweden), American Process Inc. (US), FPInnovations (Canada), and UPM (Finland).
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Nanocellulose Market.
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Kruger Inc. Develops innovative solutions for pulp & paper, containerboard, and packaging applications. The company’s is a major player in renewable energy, tissue products, wines and spirits, and recycling. It has a nanocellulose manufacturing plant in Canada. In June 2022, Kruger Specialty Papers Holding, Kruger’s affiliate, has acquired Domtar’s pulp mill that manufactures northern bleached softwood kraft pulp (NBSK) and unbleached softwood kraft pulp in Kamloops, British Columbia.
Nippon Paper Industries offers nanocellulose through its Chemical division under the Daily-life Products segment. The company’s products are used in various applications from pulping to nano-sizing. It offers nanocellulose technology for cosmetics, pulp & paper, tire, healthcare, and food industries. In September 2021, Nippon Paper Industries and Coca-Cola Japan collaborated to build a sustainable society and conserve forests.
FiberLean Technologies is one of the leading company in microfibrillated cellulose (MFC). The company offers MFC technology to several industries, such as paper & pulp, packaging, and engineered solutions. In March 2021, Werhahn KG Group has acquired 100% ownership of FiberLean Technologies. Building materials, consumer goods, and financial services are the main businesses of Werhahn KG Group.
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