Utilization of wastes from some biomass-based industries in production of nanomaterials is vital in the green chemistry field. This work deals with valorization of lignin from paper making by-product for synthesizing lignin nanoparticles (LNPs) and evaluating its role on performance of hydroxypropyl cellulose (HPC) film as liquid crystal nanocomposite development, in comparison with different carbon nanoallotropes. In this respect LNPs, graphene oxide (GO) and bagasse-based carbon quantum dots (CQD) and carbon oxide (CO) were synthesized and incorporated with HPC during film formation. The effective behavior of LNPs, especially that produced from using highly polar solvent (PEG), on performance of HPC film was evidenced, from examining polarized light microscope together with TEM, SEM, XRD, FTIR, TGA as well as mechanical tests. The results showed that LNPs provided the HPC-nanocomposite film with acceptable thermal stability and mechanical properties, together with distinct complex mixed colorful texture, lines nearly like Grandjean-Cano lines aligned (PO images) and the planar layered morphology.