Economic Impact of Utilizing Woody Biomass to Manufacture High Value-Added Material Products: a Study of Cellulose Nanofiber and High Standard Chip-Dust Production in Maniwa, Japan

Abstract

This study estimated the economic effect of utilizing woody biomass as a raw material for high value-added (HVA) material products such as master batch of cellulose Nanofiber (CNF-MB) and high standard Chip-dust (HSD) in Maniwa, Japan. In order to analyze the economic effects, two scenarios were described and compared: the BAU scenario and the HVA scenario. The results show that utilizing woody biomass for manufacturing material products can increase the net benefits to businesses as well as stimulate the economic ripple effect and job creation in a local region such as Maniwa. Moreover, the effects of HVA products can be greater than those for the four kinds of existing products. These results could help clarify the effectiveness of utilizing woody biomass in material products as a method to promote woody biomass business and regional development.