Nanocellulose Market Challenges and Opportunities to 2027
                     Nanocellulose Market To Reach 
USD 1.08 Billion By 2027 | Asahi 
Kasei Corporation, Sappi Ltd., 
Fpinnovations
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       Market  Summary
An increase in the application of cellulosic materials 
in the paper & pulp manufacturing sectors coupled 
with rising environmental concerns are among the 
factors driving the demand for the Nanocellulose 
market
Market Size – USD 247.2 Million in 2019, Market 
Growth - CAGR of 20.4%, Market Trends – High 
demand from developing nations.
            M  a Orkuetr  S Aumpmparroyach
The global Nanocellulose market is forecast to reach USD 1.08 Billion by 2027, according to a new report by Reports 
and Data. The market is seeing an expanded interest from the composites sector owing to its critical characteristics, 
including biodegradability, non-toxicity, and sustainability, along with thixotropic Nanocellulose properties. 
However, volatile prices of raw materials arising necessity for exploring and adopting other content as a substitute 
to reduce the overall cost of the operation will be hampering the demand for the market.
Cosmetics would have substantial potential for Nanocellulose across the forecast period. It is used as a synthetic 
covering agent for fingers, eyes, eyebrows, or eyelashes in cosmetics. The product also provides antioxidant 
properties and is now used in products for sun care. It is also used for wound dressings in the surgical profession 
and regenerative medicine. Other uses include pharmaceuticals, tobacco filter additives, computer components, 
electronic displays, condensers, lithium battery films, lightweight body armor, loudspeaker membranes, and 
ballistic glass. However, low awareness about product use and high prices may, in the coming years, somehow 
hamper the demand.
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       M   a r kOeut  Sru Ampmparyoach
Further key findings from the report suggest
• Based on product, Nano Fibrillated Cellulose generated a revenue of USD 146.4 Million in 2019 and 
expected to grow with a CAGR of 20.5% in the forecast period as it exhibits minimal oxygen permeability, 
making it suitable for various applications, such as paints & coatings, food packaging, paper processing, 
etc.
• Based on distribution channels, the Nanocellulose market generates a revenue of around 76.2% through 
offline mode in 2019 of the overall business.
• The composites sector is the major contributor to the market and is forecasted to reach USD 398.0 
Million by 2027. The composite industry of the North America region is the major shareholder of the 
Nanocellulose market, holding around 37.0% of the market in the year 2027, owing to the wide variety of 
applications from the automotive industry for the growing demand of composites for lightweight 
vehicles.
• North America dominated the market for Nanocellulose. The consistent focus of the region on cost-
effective and innovative procedures adopted in the area is driving the market. The North America region 
held approximately 37.0% of the Nanocellulose market, followed by Europe, which held around 32.0% 
market in the year 2019.
To identify the key trends in the industry, click on the link below @ 
https://www.reportsanddata.com/report-detail/nanocellulose-market
       M   a r kOeut  Sru Ampmparyoach
Key participants :  Asahi Kasei Corporation, Sappi Ltd., Fpinnovations, Kruger Inc., CelluForce Inc., Nippon 
Paper Group Inc., Stora Enso, Borregard ASA, CelluComp Ltd., Oji Paper, and American Process Inc., 
among others.
For the purpose of this report, Reports and Data have segmented into the global Nanocellulose market 
on the basis of product, distribution channel, application, and region:
Product Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Million; 2017-2027)
Nano Fibrillated Cellulose
Nanocrystalline Cellulose
Bacterial Nanocellulose
Others
        M  a  rOkeut  rSu Ampmparyoach
Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Million; 2017-2027)
Composites
Paper Processing
Food & Beverage
Paint & Coating
Oil & Gas
Personal Care
Others
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   A  b  oOuutr U Aspproach
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