Nanocellulose market is likely to witness an excellent CAGR of 18.1% during the forecast period. The growing use of sustainable products with better material science in developed economies and the increasing resource constraints shifting gradually towards the market demand for bio-based products are the major factors propelling the growth of the market during the forecast period.

Some of the major nanocellulose manufacturers are Innventia AB, American Process, FPInnovations, CelluForce, Stora Enso OYJ, and Kruger Inc.