In recent years, the global market for cellulose fibers has witnessed a significant surge in demand, driven by the growing preference for sustainable and eco-friendly materials in various industries, particularly the textile sector. Derived from renewable sources such as wood pulp, cotton, and other plant-based materials, cellulose fibers offer a range of benefits, including biodegradability, breathability, moisture absorption, and exceptional strength.
The report “Cellulose Fiber Market by Fiber Type (Natural Cellulose Fibers (Cotton, Jute & Others), Man-Made Cellulose Fibers (Viscose, Lyocell, Modal & Others), by Application (Apparel, Home Textile, Industrial, and Others) & by Region – Trends & Forecast to 2020”, Cellulose Fibers have various unique characteristic such as strength, low weight, moisture absorbency, and so on. Cellulose fibers are widely used for manufacturing skin friendly textile. The global cellulose fibers market is expected to reach at USD 36.96 Billion in upcoming years at a CAGR of 9.49%.
Browse 68 market data tables and 54 figures spread through 156 pages and in-depth TOC on “Cellulose Fiber Market by Fiber Type (Natural Cellulose Fibers (Cotton, Jute & Others), Man-Made Cellulose Fibers (Viscose, Lyocell, Modal & Others), by Application (Apparel, Home Textile, Industrial, and Others) & by Region – Trends & Forecast ”
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Cellulose Fiber Market Key Players
This report includes the leading manufacturers’ profiles such as Lenzing AG (Austria), Grasim Industries Limited (India), Sateri Holdings Limited (China), Shandong Helon Textile Sci. & Tech. Co., Ltd. (China), among others. They key players of the markets have adopted various development strategies such as expansion, mergers & acquisitions, new product development/launches, collaborations, contracts, joint ventures, and partnership to enhance their customer base and increase their market share globally.
This research report explores the cellulose fiber market’s current landscape, its key drivers, applications, and future prospects.
- Rising Demand for Sustainable Textiles:
The cellulose fiber market has experienced substantial growth due to the increasing consumer awareness and demand for sustainable textiles. Concerns over the environmental impact of the fashion industry, coupled with stringent regulations regarding hazardous chemicals in textile production, have led to a shift towards eco-friendly alternatives. Cellulose fibers, such as viscose, lyocell, and modal, have emerged as viable substitutes for synthetic fibers like polyester, which are derived from non-renewable resources and contribute to pollution.
- Versatile Applications:
Cellulose fibers find applications across various industries, with the textile sector being the primary driver of demand. These fibers are extensively used in the production of apparel, home textiles, and industrial textiles. In apparel, cellulose fibers offer comfort, breathability, and drape, making them ideal for casual wear, sportswear, and intimate apparel. Home textiles, including bed sheets, curtains, and towels, benefit from cellulose fibers’ softness, moisture absorption, and durability. Furthermore, cellulose fibers are employed in non-woven fabrics for medical and hygiene products, reinforcing their versatility.
- Technological Advancements:
Advancements in manufacturing processes and technology have significantly contributed to the growth of the cellulose fiber market. The introduction of innovative production methods, such as the lyocell process, has improved the quality and properties of cellulose fibers. The lyocell process, known for its closed-loop production system, minimizes waste and chemical usage, making it an eco-friendly alternative. Moreover, ongoing research and development efforts are focused on enhancing the mechanical and functional properties of cellulose fibers, further expanding their application possibilities.
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Asia-Pacific is the key region of the global cellulose fibers market
Asia-Pacific dominated the cellulose fiber market in 2014 and accounted for over 68% of the market, by volume and value. Country-wise, China is the top market of cellulose fibers in the world. Europe is the second-largest cellulose fibers market in the world. Cellulose fibers have various applications such as apparel, home textile, industrial, and others. The growth of the market hinges heavily on the developing economies, especially, Asia-Pacific and RoW. China, Japan, and India, especially, stand out as significant emerging markets, given the mass exodus of production activities from developed countries to low-cost Asian countries. The increase in foreign investments and rise in the number of new manufacturing establishments is propelling Asia-Pacific to emerge as the major driver of growth of the global cellulose fibers market.
Apparel application to drive the growth in the cellulose fiber market
Apparel application accounted for the largest share of the cellulose fiber market at around 47% market share by value in 2014. The increasing population around the world is expected to sustain the demand of cellulose fibers in the coming years. The fastest growth rate till 2020 in the cellulose fiber market is projected to come from applications such as home textile and industrial.
Increase in demand from Asia-Pacific countries
Due to increasing population in Asia-Pacific countries such as India and China, the demand for cellulose fibers is expected to get a boost. High demand of cellulose fibers is expected to come from the apparel and home textile application segments. Various key players in the global cellulose fibers market are investing in Asia-Pacific countries to tap the unexplored market and its increasing demand. This helps the market players to hold a leading position and dominate the global market.