The global cellulose fibers market is expected to reach USD 48.37 billion
by 2025, according to a new report by Grand View Research, Inc. The increasing
gap between the demand and production of natural cellulose fibers across
various end-use industries is the major factor for the growth of the market. In
addition, the rise in textile & apparel industries in developing and
emerging economies is also anticipated to fuel the global market growth.
Increasing demand for eco-friendly and biodegradable fibers, especially
in textile and hygiene industry is driving the cellulose fibers market. The
production of synthetic or man-made fibers includes the industrial processing
of wood pulp derived from botanical sources. However, the manufacturing of
cellulose fibers entails mechanical and chemical processing of wood pulp.
Viscose, triacetate, and acetate are the most common variants of rayon, which
are man-made cellulose fibers used extensively across end-use industries.
 |
U.S. cellulose fiber market revenue, by application, 2014 -
2025 (USD Billion)
|
The cellulose fibers market is highly capital intensive and requires
proper expertise. The players present in the market are constantly engaged in
the research & development for new product and technology innovations. The
fluctuating raw material prices, rigid regulation regarding forestry & environmental
and declining cotton production are the major challenges faced by the industry.
In depth research report on Cellulose Fiber Market
Further key findings from the study suggest:
·
The global cellulose fiber market is anticipated to reach
48.37 billion by 2025, growing at a CAGR of 9.1% from 2016 to 2025
·
The synthetic cellulose fiber segment dominated the market
with 42% of the overall volume share in 2015
·
Textile was the prominent segment in 2015.The key
application of these fibers in textile industry is to reinforce composites and
filter chemicals
·
Asia Pacificdominated the market in 2015 and is expected
to show the same trend over the forecast period
·
Asian countries, such as China, India, Japan, South Korea,
Pakistan, Taiwan, and Indonesia are the major market in the region owing to the
remarkable growth in textile and industrial application
·
North America & Europe are mature markets and is
expected to show the same growth trend over the forecast period
·
The market is fragmented and competitive in nature, with
presence of local as well as big companies
·
Some of the key companies present in the market are
Lenzing AG, Sateri, Kelheim Fibres GmbH, Grasim Industries Limited, Fulida
Group Holdings Co., Ltd, China Bambro Textile (Group) Co., Ltd, CFF GmbH &
Co. KG, CreaFill Fibers Corporation, International Paper, and Grupo Sniace.
Grand View Research has segmented the cellulose fibers market on the
basis ofproduct type, application, and region:
Cellulose Fibers Product
Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
·
Natural
·
Synthetic
Cellulose Fibers
Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
·
Textile
·
Hygiene
·
Industrial
·
Others
Cellulose Fibers Regional
Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
·
North America
o
U.S.
·
Europe
o
Germany
o
UK
o
France
·
Asia Pacific
o
China
o
India
o
Japan
·
Central & South America
·
MEA
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more market analysis
reports, please visit: http://www.grandviewresearch.com/
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