Top Companies in Nanocellulose Market by Size, Share, Historical and Future Data & CAGR | Report by Vantage Market Research
Nanocellulose Market is projected to reach a value of USD 1063.8 Billion by 2028 at a CAGR of 22.20% over the forecast period.
The Global Nanocellulose Market is valued at USD 319.5 Billion in 2021 and is projected to reach a value of USD 1063.8 Billion by 2028 at a CAGR of 22.20% over the forecast period. Due to its environmental friendliness, nanocellulose is increasingly used in food and beverage packaging, driving the global Nanocellulose market. Additionally, Bacterial Nanocellulose (BNC) has drawn attention in the fields of sustainable materials and nanocomposites. Drug delivery systems wound dressing, and implants for heart valves, bones, blood vessels, tympanic membranes, cornea, cartilage, teeth, and other body components are only a few medicinal uses.
The elements driving demand for the product include the increase in cellulose demand for various applications and the changing trend for using bio-based products. In addition, nanocellulose is excellent for producing a wide variety of products because of its different properties, including greater paper machine efficiency, better filler content, lighter base mass, and higher freeness.
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Top players in the Global Nanocellulose market include Cellu Force (Canada), Fiber Lean (Germany), Nippon Paper Industries Co. Ltd. (Japan), Kruger Inc. (Canada), Borregaard AS (Norway), CelluComp (UK), Melodea Ltd. (Israel), Blue Goose Refineries (Canada), GranBio Technologies (Brazil), and Stora Enso Biomaterials (Finland) among others. Additionally, Leading businesses utilize crucial strategies like supply alliances and expansions to keep their positions in the market.
Let’s Take a Look at the Top Market Players that are Captivating the Nanocellulose Market
- Cellu Force (Canada)
CelluForce is the industry pioneer in creating, manufacturing, and selling Cellulose Nanocrystals (CNC). The business runs the giant CNC plant in the world, generating 300 tones of CelluForce NCC annually, a high-quality and dispersible kind of CNC.
- Fiber Lean (Germany)
Fiber Lean is among the top producers of Microfibrillated Cellulose on a global scale (MFC). The business has a fully operational commercial supply of MFC and is extending its worldwide reach further by utilizing an on-site production-based business model.
- Nippon Paper Industries Co. Ltd. (Japan)
This Company makes and markets paper and pulp goods. Additionally, the company offers recreational activities, logistics, and wood-building materials.
- Kruger Inc. (Canada)
Kruger Inc. produces and sells a variety of commercial goods. Beverages, tissue paper, publication paper, wood goods, corrugated cartons made from recycled materials, and green and renewable energy are offered by the company. Customers of Kruger can be found in both Canada and the US.
- Borregaard AS (Norway)
Borregaard AS is a supplier of specialized biochemicals to a large international clientele, primarily comprised of specialty chemical businesses. Specialty cellulose and lignin-based goods are the main product categories offered by Borregaard, although the company also sells bioethanol, vanillin, and fine chemicals.
- CelluComp (UK)
CelluComp creates innovative new products in material science. The company makes high-performance goods based on sustainable resources, such as non-hydrocarbon feedstocks. CelluComp creates materials by extracting nano-cellulose fibers from root crops like carrots and sugar beets.
- Melodea Ltd. (Israel)
Melodea Ltd. offers services in biotechnology. The company creates industrial methods for removing cellulose nanocrystals (CNC) from paper industry wastewater and wood pulp. Melodea serves customers in Israel.
- Blue Goose Refineries (Canada)
Blue Goose Biorefineries is a young technological business with a primary focus on refining lignocellulosic biomass to produce cellulose nanocrystals (CNC).
- GranBio Technologies (Brazil)
GranBio is a biotechnology business that turns biomass into sustainable products like biofuels, biochemicals, nanomaterials, and nutrients.
- Stora Enso Biomaterials (Finland)
Stora Enso Biomaterials sells and wholesales paper goods and biomaterials. The company sells goods made of wood for homes and buildings, green packaging, and reading and printing. The company runs operations across the globe.
Read Our Latest Blog: Top Companies in End-of-line Packaging Market
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