Middle East & Africa Nanocellulose Market Size & Outlook
Middle East & Africa nanocellulose market, 2018-2030 (US$M)
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MEA nanocellulose market highlights
- The MEA nanocellulose market generated a revenue of USD 14.9 million in 2022.
- The market is expected to grow at a CAGR of 11.9% from 2023 to 2030.
- In terms of segment, cnf (nfc, mfc) was the largest revenue generating type in 2022.
- CNC is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 14.9 million |
| Market revenue in 2030 | USD 36.6 million |
| Growth rate | 11.9% (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 |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.2% of the global nanocellulose market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 589.2 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Nanocellulose Market Scope
Nanocellulose Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa nanocellulose market outlook
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 57.05% in 2022. Horizon Databook has segmented the Middle East & Africa nanocellulose market based on cnf (nfc, mfc), bacterial cellulose, cnc covering the revenue growth of each sub-segment from 2018 to 2030.
Fibers used in the textile industry are improved by utilization of nanotechnology. Nanocellulose, which combines electric conductivity, lightweight, low cost, high resistance, and environmentally friendly resources, thus opening an immensely vast scope of possible applications.
It has been used to create antimicrobial textile materials with regulated slow release properties. Nanocellulose with antimicrobial properties is being developed for use in hospital wallpaper, paper towels, impregnated clothing, water filters, and food packaging materials.
The Middle East has long been recognized as a significant textile trading region. The Saudi textile sector, worth SAR 15 billion (USD 4 billion), is leading the way. In 2019, Saudi textile imports rose by approximately 13% to 15%, thereby increasing the demand for textiles and materials in the country.
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Target buyers of Middle East & Africa nanocellulose market databook
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Our clientele includes a mix of nanocellulose market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa nanocellulose market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa nanocellulose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA nanocellulose market size, by country, 2018-2030 (US$M)
Middle East & Africa Nanocellulose Market Outlook Share, 2022 & 2030 (US$M)
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