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.
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.
Browse full research report on Global
Cellulose Fibers Market: http://www.grandviewresearch.com/industry-analysis/cellulose-fibers-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
- U.S.
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- India
- Japan
- Central & South America
- MEA
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, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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