Nanocellulose is a light solid substance composed of nanosized cellulose fibrils derived from plant matter. This substance is a pseudo-plastic with the properties of some types of fluids or gels that are thick in ordinary settings. According to BlueQuark Research & Consulting, the global Nanocellulose market is expected to witness a significant growth rate during the forecasted period. Factors like the increasing use of Nanocellulose in the textile industry, Nanomaterials are self-cleaned by utilizing the lotus effect, UV blocking, flame retardant, or they never wear out, are expected to drive the global market. Further, in the paper industry, nanocellulose is used as a dry, wet end in papermaking, paper coating, packaging, and the manufacturing of sanitary and absorbent products is projected to drive the global market. Furthermore, Nanocellulose's mechanical solid strength and stiffness in the filter materials are critical in high-pressure water-treatment applications that drive the global market. However, before its release into the market, the impact of nanocellulose materials on human health and the environment must be thoroughly investigated. Regulatory permissions must be acquired before nanocellulose-based products are commercialized. Before these policies are applied universally, there is still a long way to go. The uncertainty surrounding present legislation is projected to hinder the development of new materials.

The most plentiful and renewable natural resource on the planet is cellulose. A precious product is cellulose in the form of powder, such as nanocellulose or micro-fibrillated cellulose. They are used in various industries, including pharmaceuticals, food, ceramics, paint, textiles, etc. It is used to reinforce paper and cardboard, making it popular in packaging techniques and for the reinforcement of plastic materials, culinary additives, hygiene, absorbent products, and various other uses. In freeze-dried nanocellulose aerogels, it is utilized in tampons, sanitary napkins, and wound treatment.

The Textile Industry is the primary and vital consumer of Nanocellulose and is estimated to drive global demand. Nanocellulose has increased due to its low cost, lightweight, electric conductivity, ecologically acceptable materials, and high resistance fibers are used in the textile sector, opening up an enormous range of potential uses, driving the Global Nanocellulose market. The textile sector in the United States has secured its position in the worldwide market due to its efficiency, adaptability, and innovation. In 2019, the value of artificial fiber and filament, textile, and garment shipments in the United States was predicted to reach USD 76.8 billion, up from USD 73 billion in 2018 and a 12 percent rise since 2009. Nanocellulose has been used in hygiene textile goods to provide for controlled slow-release antimicrobial functionality. Cellulose nanofibers are more absorbent and biodegradable than superabsorbent polymers (SAPs), driving the global market. Thus, the above factors have made the Textile Industry a vital growth segment for the Global market of Nanocellulose. 

The North American region is expected to be the leading producer and consuming Nanocellulose, with most consumption in countries like the US and Canada. The demand for Nanocellulose is increasing in the textile industry due to the rising need for fabrics. Nanocellulose is employed in the textile industry due to its crystalline form being transparent, and gas is impermeable. It is mass-produced cost-effectively in large quantities, thus driving the global Nanocellulose market. In the paper industry, Cellulose nanopaper is an intriguing free-standing thin-film material made of renewable nanocellulose that has unique features like transparency, haze, mechanical strength, and flexibility, driving the global Nanocellulose market. In filtration materials, Nanocellulose is a promising material for high-performance membranes and filters for its high strength, chemical inertness, hydrophilic surface chemistry, and large surface area for selectively removing pollutants from industrial and drinking waters, driving the global market. In cement materials, Nanocellulose is used to drastically alter the properties of cement, and it has the potential to be employed for a variety of applications. It is used to improve the mechanical properties of cementitious materials when applied in the correct dose, driving the global Nanocellulose market. Nanocellulose is a natural fiber made from cellulose, the major structural component of plant cell walls. In composite materials, nanocellulose shows promise as a new class of reinforcing filler, driving the global market. In paint & coatings, Nanocellulose improves drying time, rub and scratch resistance, and the complete product's durability. Nanocellulose is utilized as a composite coating material in cosmetics for nails, hair, brows, and eyelashes and as an excipient in pharmaceutical formulations in powdered form, driving the global Nanocellulose market. The mentioned factors have made North America an important region for growth in the Nanocellulose Market.

Some of the market's key players are FiberLean Technologies Ltd., Nippon Paper Industries Co., Ltd, CelluForce Inc., Cellucomp Ltd, Borregaard, among others.

In January 2022, FiberLean Technologies Ltd. is working on a significant project called FiberLean on Top. The project's goal is to create a new way of creating two-layer sheets by applying a coating to the wet end of a paper machine. Micro-fibrillated cellulose (MFC) as the binder allows for a new unit process in papermaking called wet-end coating. The binder is strong enough to hold the coating in place while preventing the coating from penetrating the underlying paper.

In September 2021, VTT researchers worked with Nanyang Technological University to build a long-lasting multiphase nanocomposite that mimicked the peachick mantis shrimp club and utilized it to make new dental implant crowns in the lab. The result of the material is significantly more robust, more rigid, and lighter than artificial technical ceramics, and it has a great deal of potential as a next-generation material.

The Global Nanocellulose Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Nanocellulose market by segmenting based on the By Type (Cellulose Nanocrystals (CNC), Cellulose Nanofibrils (CNF), Bacterial Cellulose (BC), Others), By Raw Materials (Wood, Non-wood, Others), By Application (Paper & Pulp, Textile, Filter Materials, Cement, Composite Materials, Paints & Coatings, Cosmetics, Medical, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.