Cellulose Fiber Market Is Expected To Reach USD 37,284 Million By 2023

Pune, India, March 18, 2017 /MRFR Press Release/- Market research future published a half cooked research report on Global Cellulose Fiber Market Research Report- Forecast to 2022.

Market Highlights

Cellulose fibers are high-performing fibers that have properties such as abrasion resistance, moisture absorbency, and so on. These unique properties enable cellulose fibers to find usage in application such as textile, packaging, automotive among others.

Globally, the market for cellulose fibers has been increasing tremendously, specifically in Asia pacific, owing to rise in the populations in this region resulting to increasing in demand for apparel sector and textile sector among others. On the other hand, India is world’s second largest producer of textiles specially in cotton and cellulose fiber, abundant availability of raw materials such as cotton, jute, silk, skilled workforce have made a country sourcing hub. In-addition, According to, Government of India, ministry of agriculture has mentioned there is tremendous demand for bamboo in national and international markets. Therefore government is taking necessary steps in to fill –up the gap between supply and demand in this sector.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/cellulose-fiber-market-2903

Regional Analysis

“Asia-Pacific is projected to be the largest market during the forecast period”

As per MRFR analysis Asia Pacific dominated the global specialty chemicals market and has accounted for the largest share of the market in 2014. Asia Pacific market is followed by North America and Europe. Moreover, Asia Pacific cellulose fiber market will witness growth above average with respect to demand of the same throughout the forecast period driven by strong growth in China and India due to the growing textile industry.

In terms of volume, Middle East, Africa and Asia Pacific are expected to witness robust growth during the forecast period. Availability of cheap labor, favorable weather conditions and governmental support are some of the factors driving the emulsion polymers market in these regions. Latin America, Europe and North America are also expected to experience significant growth of emulsion polymer market in near future.

Globally, cellulose fiber market has been changing constantly in terms of applications, technologies, innovation and performance Along with the product innovations and developments the demand for technical textiles is also growing with newer applications and growth of end user industries. A large part of demand for technical textiles comes from various end-use industries such as automotive, sports equipment and sportswear, environmental protection, construction, healthcare, packaging, clothing, and agriculture. The global cellulose fiber market is led by the developed regions like US and EU, while emerging markets like China, India are showing high growth potential.

 US is the largest market for consumption of cellulose fiber  products accounting for a share of23% followed by China Japan and Western Europe with a share of 22%, 13% and 7%, respectively. The rest of the world accounts for 35% share in the consumption of cellulose fiber. Emerging regions such as Asia Pacific and Latin America are presumed to witness rapid growth in multiple segments of cellulose fiber. Countries such as China, India and Brazil are projected to lead their respective regional markets and are expected to witness brisk growth in the cellulose fiber market. Favorable government initiatives and policies encouraging infrastructure spending, manufacturing, medical etc. are expected to play a key role in shaping these countries. As the market for cellulose fiber consumption is increasing, many country fulfill their demand by importing these advanced textiles from United States. Major export markets for U.S.companies are Vietnam, India, Taiwan and Brazil. Korea and Taiwan are also emerging as a strong competitor to US, with their focus on innovation.

Scope of the study

The scope of the study categorizes the cellulose fiber market as functional, and application.

By type  

• Natural


• Synthetic

• Apparels


• Domestic textile


• Industrial textile


• others

The key players of cellulose fiber market report includes Lenzing AG, Grasim Industries Limited, Sateri Holdings Limited, Kelheim Fibres, Tangshan Sanyou Xingda Chemical Fiber Co., Ltd, International paper, and  Eastman Chemical Company.

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Market Research Future

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