Nanocellulose Market is projected to grow at a CAGR of 23.3% to reach USD 4270.64 Million by 2034

The properties of the nanocellulose material such as strength, recyclability, eco- friendly nature, and versatility which is the major driving factor for the growth of the global nanocellulose market. Additionally, nanocellulose gives the excellent thermal, mechanical, and structural properties because of these properties it has a wide range of the application such as paints, coatings, composites, and paper processing which propels the growth of the global market. Nevertheless, by increasing awareness about the nanocellulose and its properties among the population which can create an opportunity for the growth of the target market.

The report "Nanocellulose Market, By Product Type (Nanofibrillated Cellulose (NFC), Nanocrystalline Cellulose (NCC), Bacterial Cellulose (BC), Microfibrillated Cellulose (MFC), and Other Product Types), By End- User (Paper Processing, Paints and Coatings, Oil and Gas, Food and Beverage, Composites, Pharmaceuticals and Cosmetics, and Other End Users), and Region - Global Forecast to 2034"

Key Highlights:

• In 2019, Oji Holdings Corporation and Nikkol Group, Nikko Chemicals Co. Ltd, have been jointly developing Cellulose Nanofiber (CNF) for cosmetic ingredients and delivered to commercialize it as AUROVISCO CS.

Key Market Insights from the report:          

Nanocellulose Market Size was valued at USD 632.4 Million in 2024 and is expected to reach USD 4270.64 Million by 2034, growing at a CAGR of 23.3%.The market report has been segmented based on product, end-user and region.

• By Product, the nanocellulose market is segmented into cellulose (NFC), nanocrystalline cellulose (NCC), bacterial cellulose (BC), microfibrillated cellulose (MFC), and other product types.
• By End-user, the target market is segmented into paper processing, paints and coatings, oil and gas, food and beverage, composites, pharmaceuticals and cosmetics, and other end users.
• By Region, the market in the North America region is dominating the region due to increasing adoption of flexible packaging aids. Asia- Pacific region is expected to dominate the target market over the forecast period due to increasing use of nanocellulose for the packaging.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on "Nanocellulose Market, By Product Type (Nanofibrillated Cellulose (NFC), Nanocrystalline Cellulose (NCC), Bacterial Cellulose (BC), Microfibrillated Cellulose (MFC), and Other Product Types), By End- User (Paper Processing, Paints and Coatings, Oil and Gas, Food and Beverage, Composites, Pharmaceuticals and Cosmetics, and Other End Users), and by Region – global forecast till 2034"

The prominent player operating in the nanocellulose market includes GranBio (GranInvestimentos S.A.), Axcelon Biopolymers Corporation, Borregaard, CelluComp, CelluForce, Chuetsu Pulp & Paper Co. Ltd., Daicel Finechem Ltd., Fiberlean Technologies, Melodea Ltd., and Nippon Paper Industries Co. Ltd.

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