Market Research Future (MRFR) has published a cooked research report on the “Global Cellulose Fiber Market” that contains information from 2023 to 2030. The Global Cellulose Fiber Market is estimated to register a CAGR of 9.2% during the forecast period of 2023 to 2030.
MRFR recognizes the following companies as the key players in the Global Cellulose Fiber Market— LENZING AG, China Bambro Textile Co. Ltd, Sateri, Shandong Helon Textile Sci. & Tech. Co. Ltd, Kelheim Fibers GmbH, Grasim, Fulida Group Holding Co. Ltd, Sappi, Tangshan Sanyou Group, Eastman Chemical Company, CFF GmbH & Co. KG, and China Hi-Tech Group Corporation.
Market Highlights
Global Cellulose Fiber Market is accounted to register a CAGR of 9.2% during the forecast period and is estimated to reach USD 44.50 Billion by 2030.
Cellulose fiber refers to a natural, plant-derived fiber obtained from sources like cotton, flax, and wood pulp. It serves as a fundamental material in textiles and paper production, offering characteristics such as breathability, absorbency, and biodegradability. These fibers can be used in their natural form or chemically processed to create regenerated fibers like viscose or lyocell, which combine the benefits of natural and synthetic fibers. Cellulose fibers find applications in textiles, paper products, nonwovens, and bio-based materials, contributing to sustainable and environmentally friendly solutions in various industries.
Segment Analysis
The Global Cellulose Fiber Market has been segmented based on Product Type, Application.
Based on Product Type, the market is segmented into Natural, Synthetic. The dominance of the Natural category in the Cellulose Fiber market is attributed to its direct sourcing from plants like cotton and flax, providing inherent biodegradability, comfort, and eco-friendly properties highly valued in various industries.
Based on Application, the market is segmented into Textile, Hygiene, and Industrial. The Textile category dominates the Cellulose Fiber market due to its extensive use in fabric production, offering a blend of natural comfort, moisture absorption, and versatility for clothing and home textiles.
Regional Analysis
The Global Cellulose Fiber Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of US and Canada. The Europe Global Cellulose Fiber Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Cellulose Fiber Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Cellulose Fiber Market comprises of Middle East, Africa, and Latin America.
The Asia Pacific region held a dominant position, surpassing USD 7.4 billion in value, driven by strong demand in the textile and industrial sectors. This region is anticipated to sustain its growth trajectory throughout the forecast period due to increasing demand across industrial, textile, and other applications. Key markets in this region encompass China, India, Japan, South Korea, Pakistan, Taiwan, and Indonesia, all actively participating in fiber manufacturing and trade across diverse industries. Vietnam and Bangladesh exhibit potential as future markets. Nevertheless, stringent forestry regulations are predicted to impede the product's growth over the upcoming nine years.
Key Findings of the Study
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