Global Cellulose Fiber Market Share is Likely to Grow at a CAGR Value of 9.30 % By 2028

01-Sep-2022 | Facts and Factors

According to Facts and Factors, the global cellulose fiber market size was worth USD 35.20 billion in 2021 and is estimated to grow to USD 60.01 billion by 2028, with a compound annual growth rate (CAGR) of approximately 9.30% over the forecast period. The report analyzes the cellulose fiber market's drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the cellulose fiber market.

The terminology "cellulose fiber" describes either man-made plant stalk fibers or cellulose in wood pulp. These fires offer unique characteristics, including moisture absorption and hydrophobicity, and are naturally adaptive. The two fundamental divisions of cellulose fibers are natural and synthetic cellulose fibers. Examples of cellulose fibers include cotton, jute, and other natural fibers, whereas man-made cellulose fires include viscose, lyocell, modal, and other materials. Synthetically produced man-made cellulose fires are more affordable and environmentally friendly than their natural counterparts. However, they take much more water and energy to process than other things. Every type of fiber has a few beneficial characteristics acquired through various chemical processes.

Browse the full “Cellulose Fiber Market Size, Share, Growth Analysis Report By Manufacturing (Natural Cellulose Fiber, Manufactured Cellulose Fiber, Semi-Synthetic, Synthetic), By Application (Cellulose Fiber for Textiles, Cellulose Fiber for Filtration, Cellulose Fiber for Composite Materials), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/cellulose-fiber-market

One of the key elements driving the expansion of the global cellulose fiber market is the global focus on creating environmentally friendly and biodegradable fiber. Many companies strive to transition away from the commonly used petrochemical-sourced fibers, which emit considerable amounts of carbon into the environment, as awareness of climate change, environmental degradation, and sustainability has grown. The price of cellulose fiber has considerably impacted the growth of the global cellulose fiber market. The market requires a significant investment in knowledge & resources and high capital intensity. The sector's biggest issue is the significant investment in research and development necessary to generate new technology or goods. The industry has several difficulties, including persistent raw material price volatility, a declining cotton supply, and strict international environmental rules regarding trees.

The global cellulose fiber market has been segmented into the process of manufacturing, application, and region. The global market is divided into natural cellulose fiber, manufactured cellulose fiber, semi-synthetic and synthetic based on manufacturing. The natural cellulose fiber category dominated the market in 2021. The global cellulose fiber market has been divided into cellulose fiber for textiles, cellulose fiber for filtration, and cellulose fiber for composite materials based on application. The cellulose fiber for textiles segment market dominated the market in 2021.

The global cellulose fiber market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. Due to significant demand in the industrial and textile industries, the Asia Pacific region dominated the global market for cellulose fiber in 2021. The region is anticipated to have a similar growth trend throughout the anticipated period because of the rise in demand from industrial, textile, and other application segments. China, India, Japan, South Korea, Pakistan, Taiwan, and Indonesia are the region's major markets. These countries make and trade fibers used in numerous end-use industries. Bangladesh and Vietnam are potential future markets for the product. However, it is projected that strict forestry rules would restrict the product's expansion during the following forecast years.

Report Scope

Key players in the global cellulose fiber market include Sappi Group, Tembec Inc., Birla Cellulose, Thai Rayon Public Co. Ltd., The Lenzing Group, Xingda Chemical Fiber Co. Ltd., Tangshan Sanyou Group, Ioncell, Fulida Group Holding Co., LTD., Bacterial Cellulose Solutions, Manasi Aoyang Technology Co. Ltd.

Recent Development:

• In 2022: Sappi has pledged to contribute to the solution and is attempting to decarbonize its business practices. As the next step in its long-term commitment to preserving the planet and promoting sustainable production on a global scale, it will stop using coal at its German facility in Stockstadt. To achieve this, Boiler 9, the mill's current coal-fired boiler, will be demolished, and the mill will run entirely on natural gas and renewable biomass.

Global Cellulose Fiber Market is segmented as follows:

By Manufacturing:

• Natural Cellulose Fiber
• Manufactured Cellulose Fiber:
• Semi-Synthetic
• Synthetic

By Application:

• Cellulose Fiber for Textiles
• Cellulose Fiber for Filtration
• Cellulose Fiber for Composite Materials

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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