Nanocellulose Industry Growth Analysis, Trends Forecast by Regions and Types to 2030
The global nanocellulose market was valued at USD 351.5 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 20.1% from 2023 to 2030. This growth is driven by increasing demand across diverse applications, along with a shift toward bio-based products. Nanocellulose, derived from plant cellulose, exhibits unique properties such as enhanced efficiency in paper manufacturing, higher filler content, lighter weight, and improved freeness (which improves paper-making flow). These characteristics make nanocellulose highly suitable for creating a variety of sustainable, high-performance products. In the paper industry, nanocellulose is a key bio-based additive due to its high strength, low density, excellent oxygen barrier properties, and biocompatibility. These features make it a sustainable option for packaging and paper-based products. Additionally, nanocellulose composites find significant use in constructing materials, aqueous coatings, an...