Market revenue in 2022 | USD 124.0 million |
Market revenue in 2030 | USD 589.2 million |
Growth rate | 21.5% (CAGR from 2022 to 2030) |
Largest segment | Cnf (nfc, mfc) |
Fastest growing segment | CNC |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | CNF (NFC, MFC), Bacterial Cellulose, CNC |
Key market players worldwide | Nippon Paper Industries Co Ltd, Borregaard ASA, Nano One Materials Corp, Stora Enso Oyj Ordinary Shares - Class R, CelluForce, FiberLean Technologies, Kruger, CelluComp, Melodea, GranBio |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nanocellulose market will help companies and investors design strategic landscapes.
Cnf (nfc, mfc) was the largest segment with a revenue share of 51.21% in 2022. Horizon Databook has segmented the Europe nanocellulose market based on cnf (nfc, mfc), bacterial cellulose, cnc covering the revenue growth of each sub-segment from 2018 to 2030.
Europe consists of various construction and production industries and the growth of nanocellulose market is attributed to the various research and development activities in the region. Increasing demand for composites, packaging materials, plastics, and others from various industries in the region contribute to the growing demand for nanocellulose market.
In addition, owing to the introduction of nanocellulose materials, the paper industry is capable of manufacturing enhanced quality paper with superior properties. Manufacturers are engaged in developing nanocellulose composites with superior properties for different applications.
For instance, Elastopoli Oy a private company who handles polymer materials developed AquaComp, a nanocellulose composite with enhanced acoustic, haptic, and mechanical properties and aims to replace the non-renewable polymer composites in the automotive market.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe nanocellulose market , including forecasts for subscribers. This continent databook contains high-level insights into Europe nanocellulose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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