Nanocellulose Market - Top Companies and Manufacturers

In the year 2024, the industry size of nanocellulose is assessed at USD 509.94 Million.

The nanocellulose market size was valued at USD 426.3 Million in 2023 and is projected to reach USD 5.53 Billion by the end of 2036, registering around 21.8% CAGR during the forecast period i.e., between 2024-2036. The growing environmental concern as well as rising demand for an alternative solution to the ever-depleting non-renewable sources, along with the growing popularity of bio-based, biodegradable, and sustainable products are some major factors driving the market growth.

Asia Pacific is anticipated to dominate majority industry share by 2036, attributed to exponentially surging production of vehicles as well as the rising demand for nanocellulose in the automotive industry besides other end-user industries, propelled by increasing demand for lightweight vehicles with higher tensile strength and better fuel economy.

Nippon Paper Industries Co. Ltd., Oji Holdings Corporation, Stora Enso Biomaterials, Södra Skogsägarna, Fiberlean technologies, Kruger Inc., Borregaard, Celluforce Inc., Yara International ASA, Sappi Limited