Canada Nanocellulose Market Size & Outlook, 2022-2030

The nanocellulose market in Canada is expected to reach a projected revenue of US$ 124.0 million by 2030. A compound annual growth rate of 20.9% is expected of Canada nanocellulose market from 2023 to 2030.
Revenue, 2022 (US$M)
$27.1
Forecast, 2030 (US$M)
$124.0
CAGR, 2023 - 2030
20.9%
Report Coverage
Canada

Canada nanocellulose market highlights

  • The Canada nanocellulose market generated a revenue of USD 27.1 million in 2022 and is expected to reach USD 124.0 million by 2030.
  • The Canada market is expected to grow at a CAGR of 20.9% from 2023 to 2030.
  • In terms of segment, cnf (nfc, mfc) was the largest revenue generating type in 2022.
  • CNC is the most lucrative type segment registering the fastest growth during the forecast period.

Nanocellulose market data book summary

Market revenue in 2022USD 27.1 million
Market revenue in 2030USD 124.0 million
Growth rate20.9% (CAGR from 2022 to 2030)
Largest segmentCnf (nfc, mfc)
Fastest growing segmentCNC
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCNF (NFC, MFC), Bacterial Cellulose, CNC
Key market players worldwideNippon Paper Industries Co Ltd, Borregaard ASA, Nano One Materials Corp, Stora Enso Oyj Ordinary Shares - Class R, CelluForce, FiberLean Technologies, Kruger, CelluComp, Melodea, GranBio

Other key industry trends

  • In terms of revenue, Canada accounted for 7.7% of the global nanocellulose market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. nanocellulose market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 124.0 million by 2030.

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Nanocellulose Market Companies

Name Profile # Employees HQ Website

Canada nanocellulose market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nanocellulose market will help companies and investors design strategic landscapes.


Cnf (nfc, mfc) was the largest segment with a revenue share of 51.29% in 2022. Horizon Databook has segmented the Canada nanocellulose market based on cnf (nfc, mfc), bacterial cellulose, cnc covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada Nanocellulose Type Outlook (Revenue, USD Million, 2018-2030)
    • CNF (NFC, MFC)
    • Bacterial Cellulose
    • CNC
  • Canada Nanocellulose Application Outlook (Revenue, USD Million, 2018-2030)
    • Paper Processing (Includes Packaging)
    • Composites
    • Pharmaceuticals & Biomedical
    • Electronics
    • Food & Beverages
    • Others (Textile, Paints, cosmetics, Oil & Gas, Cement)

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Target buyers of Canada nanocellulose market databook

  • Our clientele includes a mix of nanocellulose market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada nanocellulose market , including forecasts for subscribers. This country databook contains high-level insights into Canada nanocellulose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada nanocellulose market size, by type, 2018-2030 (US$M)

Canada Nanocellulose Market Outlook Share, 2022 & 2030 (US$M)

Canada nanocellulose market size, by type, 2018-2030 (US$M)

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