Nanocellulose technology market made substantial progress in the last decade by 2025

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Nanocellulose Technology Market: Snapshot

Nanocellulose or nano-sized cellulose is the elementary building block of natural cellulose available in the dimension of 10-9 meter (nanometer). It is a naturally occurring material isolated from cellulose of wood, various plants, algae or bacteria. Demand for nanocellulose materials is on the rise due to the biodegradability and compatibility. Also, the applications relevant to the fields of material science and biomedical engineering due to the excellent mechanical properties, tailorable surface chemistry and optical properties are propelling the demand for nanocellulose. Two major types of nanocellulose include cellulose nano fibrils and cellulose nano crystals. The unique properties such as high tensile strength, low density and high degree of thermal stability are propelling the demand for nanocellulose for various end user industries.

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The global nanocellulose technology market is concentrated on the developed regions such as North America and Europe. Asia Pacific is also anticipated to have attractive growth potential in the nanocellulose technology market due to the increase in demand for biodegradable products from the developed economies. Continuous technological innovations, advancements made in the personal care and pharmaceutical sectors and rise in focus on biodegradable products are propelling the demand for nanocellulose.

The attractive features of nanocellulose can be utilized in several end user industries such as composites manufacturing, paper processing, food & beverage, personal care, paints & coatings and pharmaceutical. Potential end user industries include oil & gas, construction and textiles.

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Though nanocellulose technology market is experiencing huge demand from various end user industries, economic barrier in the form of high capital cost hinders its penetration power. Large scale commercial production of nanocellulose requires cost effective production and processing methods. Generally, capacity expansion of manufacturing plants requires installation of advanced equipment, technology and quality management systems. Unavailability of appropriate instrumental infrastructure is likely to hinder the scaling up of nanocellulose production. The major threat for nanocellulose technology is the low cost of substitute products. However, in terms of quality, nanocellulose outshines its counterparts.

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