Global Cellulose Fibers Market Overview:
As per the latest report by IMARC Group, titled “Cellulose Fibers Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global cellulose fibers market size reached US$ 27.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 45.6 Billion by 2027, exhibiting a growth rate (CAGR) of 9.2% during 2022-2027.
Also known as manufactured fibers, cellulose fibers are made using the cellulose of wood pulp. They can also be produced using esters of leaves, wood and barks of different plants and other plant-based materials. Other natural fibers are obtained from jute, flax, cotton, hemp and ramie, whereas artificial fibers generally include lyocell, viscose and modal. Cellulose fibers are versatile and some of them have unique properties, such as moisture absorbency and hydrophobicity. They are incredibly light-weight and exhibit high strength, owing to which they are utilized in the production of fabrics, home textiles, biocomposites, polymer composites and chemical filters.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Global Cellulose Fibers Market Trends:
The market is currently experiencing strong growth on account of the escalating demand for versatile, biodegradable, cost-effective and environment-friendly fiber. Apart from this, there is an increase in the utilization of cellulose fiber in the production of industrial textiles, such as curtains and upholstery.
Furthermore, advancements such as the utilization of cellulose nanofibrils (CNFs) and cellulose nanocrystals (CNCs) for improving biocompatibility, biodegradability and mechanical properties of cellulose fibers is strengthening the market growth. Another factor that is anticipated to fuel the market growth is the implementation of favorable government policies, which are aimed to promote the use of plant-based raw materials.
Global Cellulose Fibers Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
- CFF GmbH & Co. KG
- China Bambro Textile (Group) Co. Ltd.
- Daicel Corporation
- Eastman Chemical Company
- Fulida Group Holdings Co. Ltd.
- Grasim Industries Ltd.
- Kelheim Fibres GmbH
- Lenzing AG
- Sateri Holdings Ltd.
- Shandong Helon Textiles Sci. & Tech. Co. Ltd
- Tangshan Sanyou Xingda Chemical Fiber Co. Ltd.
- Zhejiang Fulida Holding Co., Ltd.
Breakup by Fiber Type:
Natural Cellulose Fibers
- Cotton Fibers
- Jute Fibers
- Wood Fibers
Man-made Cellulose Fibers
- Viscose Fibers
- Lyocell Fibers
- Modal Fibers
- Home Textiles
- Medical and Hygiene
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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