Nanocellulose Market Research Report- Forecast to 2030

Nanocellulose Market Information: by Type [Nanofibrillar Cellulose (NFC), Nanocrystalline Cellulose (NCC), Bacterial Cellulose (BCC)], Application (Composites & Packaging, Paper & Board, Paints & Coatings, Oil & Gas, Personal Care, and Others), and Region- Forecast till 2030

ID: MRFR/CnM/3135-HCR | November 2022 | Region: Global | 135 Pages         

Nanocellulose Market

Nanocellulose Market is expected to reach USD 1100 Million and exhibits a CAGR of 19.9% during the forecast period 2021-2030


By Type Nanofibrillar Cellulose (NFC) Nanocrystalline Cellulose (NCC) Bacterial Cellulose (BCC)
By Application Composites & Packaging Paper & Board Paints & Coatings Oil & Gas Personal Care

Key Players

  • Daicel Finchem Ltd (Japan)
  • Nippon Paper Industries C0. Ltd (Japan)
  • Borregard (Norway)
  • Celluforce (U.S)
  • Sappi Ltd (South Africa)
  • Kruger Inc. (Canada)
  • Stora Enso (Finland)
  • American Process Inc.(U.S)
  • UPM (Finland)
  • Rettenmaier & Sohne GmbH + Co KG (Germany)


  • Increasing automotive production & sales
  • Improving living standards
  • Expanding cosmetics market
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Nanocellulose Market Overview

In 2019, the Nanocellulose Market Value is registered as USD 296 Million and is expected to reach USD 1100 Million and exhibits a CAGR of 19.9% during the forecast period. 

Nanocellulose is a solid material derived from plant matter that comprises nano-sized cellulose fibrils. It is a lightweight pseudo-plastic material and exhibits special kinds of gels or fluids which are thick in normal conditions. Though it is manufactured from any cellulosic source material, it is generally obtained from wood pulp. It is a strong, bio-degradable, lightweight, cost-effective, stretchable, optical, and economical material, and renewable of the future and is highly desirable in the electronics sector for end-use in solar cells, generators, touch sensors, mobile phones, computers, and other consumer goods. 

Moreover, nanocellulose is emerging superior properties like excellent dimensional stability, thermal stability, and high water-binding capability that creates an opportunity to use in numerous applications like paints & coatings, paper & board, personal care, oil &gas, composites & packaging, and others. Apart, nanocellulose also includes the properties like fast viscosity recovery, extreme shear thinning, improved dispersion, and stabilization of particles which makes an ideal choice in several reinforcement applications.

COVID-19 Analysis:

As the COVID-19 pandemic is majorly hitting the middle-class population physically, mentally, and financially by affecting the virus to their family members, shutdowns of manufacturing industries, various business sectors off, and shutdown of day to day operational activities. This pandemic drastically impacts various business sectors as it negatively impacts on Nanocellulose Market too. The producers faced many challenges caused by the pandemic and adapt to the changing dynamics of the industry. 

Moreover, this pandemic severely hits on the oil & gas industry as most of the countries follow lockdowns and restrictions to transportation. This leads to the reduction of production or suspension of producers which hinders the Nanocellulose Market Growth. In the same way, the other major end-use industries like paints & coatings, and textiles composites are also shown downfall.

Market Dynamics:                       


Growing automotive production and sales, expanding the cosmetics market, and improving living standards are the factors that drive the growth of market. Growing crude oil production, the surging oil & gas industry is anticipated to witness significant growth in the Nanocellulose Market. Rising disposable income and rapid urbanization are expected to fuel the demand in the developing countries during the review period.

Moreover, the expansion of the personal care industry, paints & coatings sector, and demand for bio-degradable material in developed and developing countries is expected to boost the growth of the Nanocellulose Market.


Higher prices for production are restraining this Nanocellulose Market Growth. The production of nanomaterials requires large technical knowledge and machinery that increases the production cost.


Growing demand for technologically advanced sustainable products in several end-use industries may create an opportunity to propel the growth of the Nanocellulose Market.


Lack of awareness among the consumers regarding the benefits of this market is the major challenge of the Nanocellulose Market.

Study Objectives        

  • To provide detailed information about the market structure along with various forecast segments and sub-segments for the next 10 years.

  • To provide the factors that are affecting the growth of the market value.

  • To analyze the market industry analysis based on porter’s five force analysis, factors-price analysis, supply chain analysis, etc.

  • To provide history and forecast revenue segments and sub-segments of the market revenue for the main geographies.

  • To provide the country-level analysis of the current market size and future prospective.

  • To provide country-level analysis of the market industry growth by region, form, and application.

  • To provide a strategic profile of the prominent key players in the market, analyze their core competencies, statistical data, and draw a global market growth landscape.

  • To track and analyze new product developments, strategic alliances, and global market research.

The Nanocellulose Market Share by Application (2016), (%):Nanocellulose MarketSegment Overview:

The Nanocellulose Market has been divided into segments based on Type, Application, and Region.

Based on Type

Based on the Type, this Nanocellulose Market is classified into three types as nano fibrillar cellulose (NFC), nanocrystalline cellulose (NCC), and bacterial cellulose (BCC). Among these types, NFC is dominating the largest market share due to its ability to form a strong entangled nanoporous network. NFC is increasing its demand due to its easy preparation in high yield, high specific surface area, high strength, and stiffness. Owing to their outstanding reinforcing potential, these are widely used in nanocomposites.

Based on Application

By Application, the Nanocellulose Market is bifurcated into various types such as paints & coatings, paper & board, composites & packaging, oil & gas, personal care, and others. Out of these applications, paper & board applications are holding the largest Nanocellulose Market Share for the usage of nanocellulose as an additive in the production of paper to produce lighter & stronger paper & board. Thus, it reduces the cost of the production. The paper produced by this method has enhanced properties like high printing quality, less porosity, and less transparency.

Based on Region

The Nanocellulose Market based on the region is divided into Europe, Latin America, North America, Asia-Pacific, and the Middle East & Africa. Out of these regions, Asia-Pacific is expected to grow at a significant CAGR during the review period for its expansion of composites & packaging and the automotive sector.

Regional Analysis

Geographically, the Nanocellulose Market region-wise is analyzed into Latin America, North America, Europe, Asia-Pacific, and the Middle East & Africa. Due to the expansion of composites & packaging and the automotive sector, during the forecast period, Asia-Pacific is predicted to grow at a significant CAGR. Due to the growing middle-class population along with the constant growth of new purchase lightweight automobile vehicles. Moreover, the availability of labor & raw material with low cost, less manufacturing cost, and moderately stringent regulatory framework.

Due to growing production capacities, high consumption potential, and rising economic growth rate, North America is projected to moderate growth in the Nanocellulose Market. The US and Canada are the major contributors to the growth in this region and are expected to see significant demand over the forecast period. Growing cosmetics and personal care industries is proliferating the demand in this region. According to the Department of Commerce (U.S), in 2015, national-wide cosmetics and toiletries are constituted less than 3 % of the total market size. 

Due to increasing expenditure on innovation and the rising purchasing power of consumers in various countries like Italy, Poland, Germany, the UK, Spain, France, and Russia, the demand for this market in Europe is anticipated to grow at a significant rate. Due to the growing consumer spending on cosmetics and personal care products, Latin American countries like Argentina, Colombia, and Brazil are expected to witness moderate growth.

Competitive Landscape

The Prominent Key Players in this Nanocellulose Market Outlook are the following: 

  • Daicel Finchem Ltd (Japan)

  • Nippon Paper Industries C0., Ltd (Japan)

  • Borregard (Norway)

  • Celluforce (U.S)

  • Sappi Ltd (South Africa)

  • Kruger Inc. (Canada)

  • Stora Enso (Finland)

  • American Process Inc.(U.S)

  • UPM (Finland)

  • Rettenmaier & Sohne GmbH + Co KG (Germany) and others.

Recent Developments

  • In October 2018, a prominent key player, Stora Enso (Finland) decided to acquire a cellulose technology company Cellutech AB (Sweden). To develop nanocellulose materials to strengthening its position and packaging applications in the packaging industry, this acquisition will help the Stora Enso Company.

  • In April 2017, the three popular enterprises American Process Inc. (US), Will & Co (Netherlands), and P.R.G (Netherlands) collaborated and agreed to manufacture and supply jointly the nanocellulose reinforced thermoplastic compounds that have enhanced mechanical properties. These compounds are increasing the demand for European-based customers for conventional and bio based plastic compounds.

  • In November 2016, one of the leading enterprises, Celluforce (Canada) partnered with a Brazilian-based Forestry company, Fibria. Due to the partnership agreement between them, Fibria acquired the rights to sell the Celluforce products in South America and also got the right to take a partnership with Celluforce enterprise to build CNC facilities in the South American region.

Report Overview:

This Nanocellulose Market Research includes the Market Overview, COVID-19 analysis, Market Dynamics, Study Objectives, Segment Overview, Regional Analysis, Competitive Landscape, Recent developments, Segmentation Table, and FAQs. The market scenario includes the Nanocellulose Market Drivers, Restraints, Challenges, and Opportunities. The Nanocellulose Market Forecast Segments are Type, Application, and Region.

Segmentation Table

The Nanocellulose Market Trends have been segmented globally based on the Type, Application, and Region.

By Type

Nanofibrillar cellulose (NFC), nanocrystalline cellulose (NCC), and bacterial cellulose (BCC).

By Application

Paints & coatings, paper & board, composites & packaging, oil & gas, personal care, and others.

By Region

Asia-Pacific, Europe, North America, Latin America, and the rest of the world are the five main geographies included in this Market.

Report Scope:

Report Attribute/Metric Details
  Market Size   2030: USD 1100 Million
  CAGR   19.9% (2022-2030)
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type and Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   DAICEL FINECHEM LTD (JAPAN), NIPPON PAPER INDUSTRIES CO., LTD. (Japan), Borregaard (Norway), CelluForce (U.S.), Sappi Ltd. (South Africa), Kruger Inc. (Canada), STORA ENSO (Finland), AmericanProcess Inc. (U.S.), UPM (Finland), J. RETTENMAIER & SÖHNE GmbH + Co KG (Germany)
  Key Market Opportunities   Increasing crude oil production across the globe
  Key Market Drivers

  • increasing automotive production & sales
  • improving living standards
  • expanding cosmetics market

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    Frequently Asked Questions (FAQ) :

    Nanocrystalline Cellulose (NCC), Nanofibrillar Cellulose (NFC), and Bacterial Cellulose (BCC) are the types of nanocellulose, used in the manufacturing of composites & packaging, paints & coatings, paper & board, oil & gas, personal care, and others.

    North America holds the largest share in the global nanocellulose market.

    Nippon Paper Industries Co., Ltd. (Japan), Daicel Finechem Ltd. (JAPAN), Borregaard (Norway), Sappi Ltd. (South Africa), CelluForce (US), Kruger Inc. (Canada), AmericanProcess Inc. (US), Stora Enso (Finland), UPM (Finland), and J. Rettenmaier & Söhne GmbH + Co KG (Germany), are some of the leading players in the global nanocellulose market.