KSA and UAE Nanocellulose Market Size By Application (Pulp & Paper, Biomedical & Pharmaceutical, Packaging), By Type (Cellulose Nanofibers, Micro-fibrillated Cellulose, Nanocrystalline Cellulose), And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
KSA and UAE Nanocellulose Market Size And Forecast
KSA Nanocellulose Market size was valued at USD 4407.66 Million in 2021 and is projected to reach USD 14948.87 Million by 2030, growing at a CAGR of 15.22% from 2023 to 2030.
UAE Nanocellulose Market size was valued at USD 2002.92 Million in 2021 and is projected to reach USD 6570.66 Million by 2030, growing at a CAGR of 14.78% from 2023 to 2030.
In Saudi Arabia and UAE, rapid lifestyle changes, a rise in packaged and fresh food demand from consumers, and a relatively young population are some of the key factors influencing the expansion of paper packaging and increasing the pulp market’s growth prospects. The KSA and UAE report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
What is Nanocellulose?
Cellulose is a linear biopolymer and it is the most abundant natural polymer existing in the world. It is the primary constituent of the plant cell walls and can be naturally extracted from various sources such as grasses, wood, seed fibers, algae, fungi, and others. Nanocellulose contains nanosized cellulose fibrils. Nanocellulose is formed after mechanical treatments and bacterial or chemical modifications of cellulose pulp. The purified form of nanocellulose is non-toxic and safe for use in several applications such as – the food industry, packaging, paper and paperboard, medical and hygiene products, optical sensors, paints, biomedicines, and cosmetics.
KSA and UAE Nanocellulose Market Overview
Due to the e-commerce industry’s rapid growth and other important businesses, the packaging industry is expanding. The product is protected and given brand value by the packaging. As a result, the industries use packaging extensively. The environment is suffering greatly as a result of use-and-throw packaging. As a result, the producers are creating environmentally friendly, sustainable packaging that raises the product’s value. The general expansion of the sustainable packaging sector is being afforded a lucrative opportunity by the growing awareness of environmental effects.
Nanocellulose has been quite the talk of the town for the past five years because of its awesome characteristics! You know, a lot of industries rely on good old pulp and paper to make stuff like paperboard and other things made from cellulose. And speaking of pulp, tons of businesses that make paper products and packaging use it as a raw material. Now, if you look at Saudi Arabia and the UAE, things are changing fast. People's lifestyles are evolving, they're buying more packaged and fresh food, and there's a relatively young population. All this is boosting the demand for paper packaging, which, in turn, is making the pulp market look pretty promising.
KSA and UAE Nanocellulose MarketSegmentation Analysis
The KSA and UAE Nanocellulose Market is segmented on the basis of Application, And Type.
KSA Nanocellulose Market, By Application
Based on Application, the market is bifurcated into Pulp & Paper, Biomedical & Pharmaceutical, Packaging, and Others. Pulp & Paper accounted for the largest market share in 2020. The pulp and paper industry is one of the most complex industries in the market with many different kinds of mills, products, and processes that use wood as raw material and produce a variety of products such as pulp, paper, paperboard, and other cellulose-based products.
KSA Nanocellulose Market, By Type
On the basis of Type, the KSA Nanocellulose Market has been segmented into Cellulose Nanofibers, Micro-fibrillated Cellulose, Nanocrystalline Cellulose. Cellulose Nanofibers accounted for the largest market share in 2020. Cellulose Nanofiber is made from wood-derived fiber (pulp), which is then micro-refined to the nano level of several hundredths of a micron and smaller. It is one of the most advanced biomass material in the world. It is a new advanced type of natural nanoscale fiber, made purely from cellulose molecules.
UAE Nanocellulose Market, By Application
Based on Application, the market is bifurcated into Pulp & Paper, Biomedical & Pharmaceutical, Packaging, and Others. Pulp & Paper accounted for the largest market share in 2020.
UAE Nanocellulose Market, By Type
On the basis of Type, the UAE Nanocellulose Market has been segmented into Cellulose Nanofibers, Micro-fibrillated Cellulose, Nanocrystalline Cellulose. Cellulose Nanofibers accounted for the largest market share in 2020.
The major players in the market are Sappi, Nippon Paper, Borregaard, Granbio Technologies, Celluforce Inc, Kruger, and other players.
Key Developments
• Granbio Technologies entered into a partnership with Indian Birla Carbon to supply a nanocellulose compound, made from biomass, to the tire and rubber industry, replacing carbon black, an oil by product.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2018-2030
BASE YEAR
2021
FORECAST PERIOD
2023-2030
HISTORICAL PERIOD
2018-2020
UNIT
Value (USD Million)
KEY COMPANIES PROFILED
Sappi, Nippon Paper, Borregaard, Granbio Technologies, Celluforce Inc, Kruger, and other players.
SEGMENTS COVERED
Application, And Type.
CUSTOMIZATION SCOPE
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