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 Cellulose
Fiber 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.
Browse more reports of this
category by Grand View Research:
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
Access press release of this
research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-cellulose-fibers-market
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.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
For more information: www.grandviewresearch.com
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