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Nanofibrillar cellulose is also called cellulose nanofiber, micro fibrillated cellulose, or cellulose nanofibril. Method such as high-pressure homogenization, grinding, ball milling, twin-screw extrusion, cryo crushing, blending, hydrolysis, and oxidation are used in the preparation of nanofibrillar cellulose. It appears as a white color liquid and has no odor. It is bio-based in nature and produced from wood, cotton, or grasses. Furthermore, the product offers unique rheological behavior, mechanical, lightweight, and barrier properties. Nanofibrillar cellulose finds its application in the composites & packaging, pulp & paper, and rheology modifier.
The increasing demand for bio-based cellulose over petroleum-based cellulose will drive the market growth. The rising pollution has led various manufacturers to produce bio-based products. This decision will not only provide a sustainable bio-based solution but also help manufacturers to meet government regulations. In addition, the product offers cost-effective and biodegradable properties. Thereby replacing fossil-based materials in several applications including barrier films, packaging, coatings & adhesives, and specialty papers. Hence, increasing product demand will fuel the nanofibrillar cellulose market growth.
However, the high production cost impacts the overall prices of nanofibrillar cellulose. This restricts its adoption in various applications and is anticipated to hamper the market growth.
Key Market Driver -
The rising demand for bio-based cellulose over petroleum based cellulose will drive the market growth.
Key Market Restraint -
High production cost to hamper the market growth
Based on application, the nanofibrillar cellulose market is segmented into composites & packaging, pulp&paper, rheology modifier, coatings & adhesive, 3D films, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The key players in the nanofibrillar cellulose market include NIPPON PAPER INDUSTRIES CO., LTD., FiberLean® Technologies, Borregard, Sappi, Cellulose Lab, Stora Enso, Rise Innventia, American Process Inc., and Cellucomp.
Asia Pacific is anticipated to witness sustainable growth in the nanofibrillar cellulose market. The growth is attributed to the rapid growth in the packaging industry thereby surge the product consumption in this region. The higher product adoption in coatings & adhesives will fuel the market growth in North America, in which the US and Canada are the leading countries. In Europe, the growth is due to, increasing use of the product in 3D films and pulp & paper applications. The Middle East & Africa is anticipated to witness significant growth, owing to the adoption of nanofibrillar cellulose in the rheology modifier.
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