CelluForce Inc., Nippon Paper Industries Co., Ltd., Kruger Inc., and Sappi Europe SA, among others, are the major players in the global nanocellulose market.
The global nanocellulose market is expected to grow in the forecast period of 2022-2027 at a CAGR of 21%. As per the analysis of Expert Market Research, the market is expected to be driven by the growing demand for sustainable packaging materials.
As nanocellulose can be synthesised from forestry or agricultural wastes and discarded fibres, they are increasingly utilised as a biodegradable material in various end-use sectors like food and beverages. With the rising concerns regarding climate change and the introduction of various stringent government measures to drive sustainability, the utilisation of nanocellulose is significantly growing. The growing use of nanocellulose as an alternative to conventional petroleum-based packaging materials is anticipated to fuel the market.
Several favourable properties of nanocellulose such as high aspect ratio, low thermal coefficient expansion, excellent optical and mechanical properties, and high crystallinity, among others, are driving its demand in the manufacturing of high-end military products like fire-retardant materials and bulletproof vests, among others. Moreover, the use of nanocellulose is explored in various end-use sectors such as construction, automotive, energy, sensor, and transportation, among others.
Due to its versatility, nanocellulose can be used to create both porous 3D structures and dense and flexible films. In addition, the material can be utilised as a nanocoating. Various key players are increasingly exploring the potential of nanocellulose to capture and remove nanoplastics and microplastics from water, which is expected to aid the market in the forecast period.
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CelluForce is the producer of a form of Cellulose NanoCyrstals (CNC), CelluForce NCC®. The company’s flagship product is used to bolster the performance of various materials such as cement, personal care, food and beverages, and non-wovens and paper, among others. The company owns and operates the largest CNC plant in the world, that can produce 300 tonnes of CelluForce NCC® per year. The company has the access to the largest CNC portfolio in the world.
Nippon Paper Industries Co. is a company that utilises natural resources while developing innovative technologies and solutions that address environmental challenges and facilitates sustainable growth. Its research and development division aims to develop new technologies for creating recycling-oriented society. In September 2022, the company announced a partnership with Mitsui Chemicals to develop a new biocomposite with high cellulose powder content.
Kruger is a company that intends to transform renewable resources into high-quality and sustainable essentials for everyday life. The company is the leading tissue products manufacturer in Canada. It is a pioneer in paperboard and paper recycling in North America and operates and owns 42 green energy power plants. With 5,000 employees, the company has 19 production and manufacturing operations.
Sappi is a company engaged in manufacturing materials used in everyday life from wood fibre-based renewable resources. The company aims to create a circular economy for driving sustainability and supporting the planet and its people. With 12,400 employees in more than 35 countries, the company produces 2.5 tonnes of paper pulp per year, 5.5 million tonnes of paper per year, and 1.4 million tonnes of dissolving pulp per year.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.