Cellulose Fibers Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Cellulose Fibers Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : June, 2020 | Chemical & Materials | PPT format

Report Digest


Cellulose Fibers Market: Snapshot

Cellulose fiber is extensively used in home textile, apparel, and industrial among others. The growth of the global market relies heavily on emerging economies, especially Asia Pacific and Rest of World. Large untapped market for applications such as home textile and apparel is anticipated to be the key driver for the growth of cellulose fibers globally. Moreover, they are cost-effective, environment friendly, versatile, and bio-degradable. Such properties are estimated to support the growing popularity of these fibers and thus help the market growth.

These synthetic fibers are made using cheaper and renewable feedstock. However, they use up significant amount of water and energy during the processing. Various types of synthetic fibers are obtained from different chemical processes and each synthetic fiber possesses certain unique characteristics.

An increasing demand for more eco-friendly and skin-friendly clothing and fabrics from the textile sector has proven to be the primary driving factor for the growth of global cellulose fiber market. Moreover, a gradual shift from petrochemical fibers to cellulose fibers is also helping in developing the market. However, rise in the production cost due to volatility of prices of wood pulp and growing concerns about environmental safety are causing inhibitions in the market growth. Consequently, there is a shift in focus across the globe towards using renewable sources to develop cellulose fibers and offer a comprehensive biodegradable solution to ever growing demands from various industries.

Global Cellulose Fibers Market: Overview

Cellulose fibers are man-made fibers manufactured from wood pulp of plant sources. The manufacturing of cellulose fibers involves various chemical and mechanical processes, and yields fiber types with varied useful properties. Rayon, as well as its other types such as triacetate, viscose, and acetate are a few common cellulose fibers, primarily finding applications in textile fabrics, and spun yarn. Acetate fiber dries quickly, and is used in cigarette filters and apparel, while rayon's highly absorbent properties makes it useful for home furnishing products including carpets and curtains. Cellulose fibers are also frequently used to fabricate paper. With growing population across the world, and rapid urbanization with changing lifestyle, the demand for quality textile and carpet is escalating. Consequently, the demand in the global cellulose fibers market is expected to increment at a steady rate during the forecast period of 2017 to 2025.

Global Cellulose Fibers Market: Key Trends

The growing awareness regarding environmental concerns is a trend that this market is expected to significantly from. Urban populations across the world are now willing to spend extra for products that ooze from quality and are eco-friendly. Biodegradable fabrics are now opted by consumers as their share to the community. In addition to that, certain cellulose fibers have skin-friendly properties too, which are gaining popularity while textile remains the biggest end-use application of these man-made fibers.

Though they consume significantly more water and energy for their processing, cellulose fibers are synthetically manufactured via renewable and cheaper feedstock in comparison to their synthetic alternatives. This factor is also expected to positively influence the growth rate of the global cellulose fibers market. However, volatility of wood pulp prices continues to cause hindrance to the market from attaining its full potential.

Global Cellulose Fibers Market: Market Potential

Hygiene industry is opening new avenues for the players in this market. With the exponential rise of social media, the awareness for growing pollution levels and self-care is skyrocketing. Consumers are now more conscious and spend big-bucks for products such as baby diapers, sanitary napkins, and incontinence products. This market is also expected to gain from extending utility of cellulose fibers for acquisition layers, fastening systems, backsheet, topsheet, and leg cuffs. Varied properties of cellulose fibers such as softness, absorbent, water resistance, and adhesive-nature makes it essential for the manufacturing of those products.

Global Cellulose Fibers Market: Regional Outlook

Asia Pacific continues to serve the maximum demand for cellulose fibers, as it is the hub of textile and carpet manufacturing. China alone accounts for more than half of the demand from this region, utilizing it for textile and apparel production. The availability of moderately skilled labor at reduced cost is the primary factor thriving the textile manufacturing in China, as well as India. Europe too is a lucrative region, maintaining a sustained demand for high-quality textile products.

Global Cellulose Fibers Market: Competitive Analysis

Cellulose fibers makes for a highly capital driven market wherein significant investments are required besides expertise to start profitable manufacturing. As a result, a few prominent companies own most of the market and continue to invest in research and development of highly quality fibers in order to gain shares. CreaFill Fibers Corporation, Grasim Industries Ltd., Sateri, Kelheim Fibres GmbH, Lenzing AG, onLtd, China Bambro Textile (Group) Co. Ltd, Fulida Group Holdings Co., CFF GmbH & Co. KG, GrupoSniace, and International Paper are some of the leading vendors in the global cellulose fibers market. A considerable number of smaller players also make their presence felt at the domestic level, providing cheaper products in order to sustain their business.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.