Nanocellulose Market - Databook 2025 to 2034

The global nanocellulose market size was estimated at USD 505 million in 2024 and is projected to be worth around USD 3,247 million by 2034, growing at a CAGR of 20.56% from 2025 to 2034.

Highlights of the Nanocellulose Market

• Europe held the largest share of the nanocellulose market in 2024.
• Asia Pacific is projected to host the fastest growing market in the coming years.
• By product, the cellulose nanocrystals or cellulose nanofibers segment underwent notable growth in the nanocellulose market during 2024.
• By product, the micro fibrillated cellulose and nano fibrillated cellulose segment will gain a significant share of the market over the studied period of 2025 to 2034.
• By application, the pulp & paper segment enjoyed a prominent position in the nanocellulose market during 2024.
• By application, the composites segment is predicted to witness significant growth in the market over the forecast period.

Industry Valuation and Growth Rate Projection

Nanocellulose is a material based on natural fibers of nanometric size. It is mainly extracted from cellulose, which is the main structural component of plant cell walls. Nanocellulose comes in different forms including nanofibril cellulose (NFC), nanocrystalline cellulose (NCC), and amorphous nanocellulose (NCA). The exceptional properties of nanocellulose include high chemical resistance, high degree of polymerization, tunable crystallinity, easy surface functionalization, large specific surface area, tailored aspect ratios, tensile strength, and high modulus of elasticity. Increasing personal care industry in different regions, rapidly growing oil & gas industry, and increasing demand for technologically advanced sustainable products across many end-user industries driving the growth of the nanocellulose market.

• In May 2025, Stora Enso was entered into an agreement to divest approximately 175000 hectares of forest land, equivalent to 12.4% of its total forest land holdings in Sweden for an enterprise value of EUR 900 million, equivalent to SEK 9.8 billion.

Nanocellulose: Stats & Figures

According to a report published in May 2025 by Nippon Paper Industries, Co. Ltd, consolidated financial results for the fiscal year ended March 31, 2025

How has AI Benefitted the Nanocellulose Market?

AI algorithms can be used to examine images taken by nanoscale imaging methods like transmission electron microscopy and atomic force microscopy. The combination nanoscale imaging and AI can provide new insights into the structures and properties of materials at the nanoscale. Leveraging light-based data transmission within chips to enhance speed and energy use. Using AI algorithms to improve the design and manufacturing of semiconductors, accelerating innovation cycles and enhancing performance. AI applications are software programs that use AI techniques to perform specific tasks. These tasks can range from simple, repetitive tasks to complex, cognitive tasks that require human like intelligence.

Industry Leader Announcements

• Anna Kjellberg, Design Director, Packaging Solutions Division at Stora Enso

Anna Kjellberg, Design Director, Packaging Solutions Division at Stora Enso, said, “We are extremely pleased to receive this recognition from Red Dot. The key to our development was creating premium protection with enhanced functionality and beauty. Our design team aimed to present a gift packaging portfolio with a clear purpose while expressing Marimekko’s strong brand identity. We believe this was one of the reasons for this fantastic acknowledgment. We are proud our collaboration with Marimekko and delighted to see the gift packaging being used worldwide.”

• Dr. Chandra Panchal, CEO of Axcelon

Dr. Chandra Panchal, CEO of Axcelon commented, “Axcelon is a leader in the development of this Canadian innovation as it marks yet another major milestone for our company. We’re proud of the partnerships that we are fostering with biomedical companies, academia, and government to leverage innovative technologies and to bring the state-of-the-art products to market.”

Geographical Insights

Europe held the largest share of the nanocellulose market in 2024. Rising personal care industry, rapidly growing oil & gas industry, increasing demand for technologically advanced sustainable products across many end user industries, and increasing food and beverages industry across the globe driving the growth of the market in the European region.

Asia Pacific is projected to host the fastest growing market in the coming years. Expanding industrial applications, increased sustainability concerns, and superior mechanical properties contributing to the growth of the nanocellulose market in the Asia Pacific region.

Recent Developments in the nanocellulose market:

• In February 2025, the biomaterial Lunaform, a series of grown and fermented nanocellulose textiles formed by microorganisms was launched by Gozen officially.
• In October 2024, FibGel, the world’s first natural injectable nanocellulose hydrogel for medical devices was launched by the forerunner in producing high quality nanofibrillar cellulose for medical and life science applications, UPM Biomedicals.

Competitive Landscape

• Company Name: Rise Innventia
• Year of Incorporation: 2003
• Headquarters: Gothunberg, Sweden

In several countries where it operates. It operates in the public, academia, industrial, telecom, IT, food, farming, energy, education, defense, construction, chemicals, and automotive sectors around the world.

• Company Name: Stora Enso
• Year of Incorporation: 1998
• Headquarters: Helsinki, Finland

It operates in over 50 countries. It operates in the textile, hygiene, confectionary, cosmetics, pharmaceutical, publishing, manufacturing, food & beverages, retail, and building sectors, around the world.