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The global nanocellulose market is estimated to grow at a CAGR of ~22% over the forecast period, i.e.,2023u2013 2035. The market is segmented by type into nano fibrillated cellulose (NFC), nanocrystalline cellulose (NCC), bacterial cellulose, micro fibrillated cellulose (MFC), and others, out of which, the nano fibrillated cellulose (NFC) segment is projected to garner the largest share in the market over the forecast period. The growth of the segment can be attributed to the easy availability, porous networks, large surface area, and higher tensile strength of the fiber.
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