The Cellulosic Man-made Fiber Market Size was estimated at 5.49 (USD Billion) in 2022. The Cellulosic Man-made Fiber Industry is expected to grow from 6.0 (USD Billion) in 2023 to 13.4 (USD Billion) by 2032. The Cellulosic Man-made Fiber Market CAGR (growth rate) is expected to be around 9.33% during the forecast period (2024 - 2032).
Key market drivers for Cellulosic Man-made Fibers include rising environmental concerns, increasing demand for sustainable materials, and growing awareness of their eco-friendly properties.
Opportunities to be explored lie in developing bio-based and biodegradable cellulosic fibers, as well as expanding applications in industries such as automotive, construction, and healthcare.
Recent trends in the Cellulosic Man-made Fiber market involve the integration of advanced technologies like nanotechnology and biotechnology to enhance fiber properties and performance.
Additionally, the focus on circularity and reducing the environmental footprint of textile production is driving innovation in fiber recycling and reuse.
These trends are expected to shape the future of the Cellulosic Man-made Fiber market, fostering sustainable and eco-conscious practices.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The growing concern for environmental sustainability is encouraging the demand for eco-friendly textiles majorly.
As most of the cellulosic man-made fibers are obtained from plants which are the renewable sources, cellulosic man-made fibers are said to much eco-friendly compared to the synthetic fibers.
Therefore, the adoption of these eco-friendly textiles by the people is expected to drive the growth of the Cellulosic Man-made Fiber Market over the forecast period.
Technological advancements and innovation are upgrading properties and applications of Cellulosic Man-made Fibers along with the fiber production process, fiber modification techniques and introduction of new fiber blends.
The growth of the Cellulosic Man-made Fiber Market is attributed to the expansion of applications enabled by the above-mentioned advancements.
Cellulosic man-made fibers are finding increasing adoption in automotive and industrial applications due to their unique properties, such as high strength, durability, and flame resistance.
In the automotive industry, cellulosic man-made fibers are used in airbags, seat covers, and interior components.
In the industrial sector, they are used in conveyor belts, hoses, and filtration systems. The growing adoption of cellulosic man-made fibers in these applications is expected to drive the growth of the Cellulosic Man-made Fiber Market.
The Cellulosic Man-made Fiber market is divided by Fiber Type into Viscose, Modal, Lyocell, and Cellulose Acetate. As of 2023, Viscose is the leading Cellulosic Man-made Fiber, accounting for over 50% of the market.
Viscose is a versatile fiber that can be used in a wide range of applications, including apparel, home textiles, and industrial products.
Modal is a type of high-quality Cellulosic Man-made Fiber that is known for its softness, drape, and moisture absorption.
Modal is often used in high-end apparel and home textiles. Lyocell is a relatively new Cellulosic Man-made Fiber that is known for its strength, moisture absorption, and breathability.
Lyocell is often used in activewear and sportswear. Finally, Cellulose Acetate is a Cellulosic Man-made Fiber that is known for its luster, drape, and wrinkle resistance.
The growth of the market is fueled by the increasing demand for Cellulosic Man-made Fibers from the apparel, home textiles, and industrial sectors.
The rising awareness of the environmental advantages of these fibers is also projected to drive the growth of the market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Cellulosic Man-made Fiber Market is segmented based on application into Apparel, Home Textiles, and Industrial. The Apparel segment is expected to hold the largest share of the market in 2023, owing to the increasing demand for sustainable and eco-friendly clothing.
The Home Textiles segment is projected to witness significant growth over the forecast period, driven by rising demand for eco-friendly home décor products.
The Industrial segment is also expected to grow steadily, supported by the increasing adoption of cellulosic man-made fibers in various industrial applications such as automotive interiors, filters, and medical textiles.
The Cellulosic Man-made Fiber Market is segmented into various end-use industries, including Textiles, Nonwovens, Pulp and Paper. The Textiles segment held the largest market share in 2023 and is projected to maintain its dominance throughout the forecast period.
The growth of the Textile segment can be attributed to the increasing demand for sustainable and eco-friendly fabrics in the apparel textile industry.
The Nonwovens segment is expected to witness significant growth over the forecast period due to the rising demand for nonwoven products in various applications such as healthcare, hygiene, and filtration.
The Pulp and Paper segment is also expected to experience steady growth, driven by the increasing demand for paper and paperboard products.
The Cellulosic Man-made Fiber Market revenue for the Textiles segment is estimated to reach USD 4.2 billion by 2024, while the Nonwovens segment is projected to reach USD 2.1 billion by the same year. The Pulp and Paper segment is expected to generate revenue of approximately USD 1.7 billion by 2024.
The sustainability attributes segment of the Cellulosic Man-made Fiber Market is anticipated to exhibit significant growth in the upcoming years. As consumers become increasingly environmentally conscious, the demand for sustainable products is growing.
Cellulosic Man-made Fibers, derived from renewable plant sources, offer a sustainable alternative to traditional synthetic fibers.
Biodegradable cellulosic fibers, such as viscose and modal, are gaining popularity due to their ability to decompose naturally, reducing the environmental impact.
Renewable cellulosic fibers, such as lyocell and Tencel, are made from sustainably managed forests, promoting responsible forestry practices.
The demand for sustainable and environmentally friendly fibers is expected to drive the growth of this market.
The Cellulosic Man-made Fiber Market is segmented into North America, Europe, APAC, South America, and MEA. The APAC region is expected to dominate the market with a revenue of USD 5.2 billion in 2024, owing to the increasing demand for cellulosic fibers in the textile and apparel industry.
The North American region is expected to witness significant growth, with a revenue of USD 2.5 billion in 2024, due to the growing awareness of sustainability and the adoption of eco-friendly materials.
Europe is expected to account for a revenue of USD 2.2 billion in 2024, driven by the stringent environmental regulations and the increasing demand for sustainable products.
South America and MEA are expected to witness a steady growth in the coming years, with a revenue of USD 1.1 billion and USD 0.9 billion respectively in 2024.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The major players in Cellulosic Man-made Fiber Market are mainly focusing on expanding their production capacities and product portfolios.
Leading companies are investing in research and development to improve the quality and performance of their products. Moreover, leading companies are forming strategic partnerships and collaborations with other players in the value chain to enhance their market positions.
In the coming years, the competitive landscape of this industry is expected to become more intense as more players will enter the market and the existing players will expand their operations.
A leading company in the Cellulosic Man-made Fiber Market is Lenzing AG. Lenzing AG is one of the leading producers of cellulosic fibers. The company offers a range of products including Tencel, Modal, and Lenzing Viscose.
Lenzing AG is one of the leading companies in the Cellulosic Man-made Fiber Market. The company has a strong presence as its products are used by leading textile brands and retailers around the world.
Lenzing AG is focusing on sustainability and the company has set ambitious targets to reduce its environmental footprint. Moreover, Lenzing AG is investing in research and development to develop new and innovative products to meet the needs and preferences of consumers.
Another key company in the Cellulosic Man-made Fiber Market is Birla Cellulose. Birla Cellulose is one of the leading manufacturers of viscose staple fiber. The company offers a range of products, including Birla Viscose, Birla Excel, and Birla Spunshades.
Birla Cellulose is headquartered in Mumbai, India, and has a strong presence in the Indian market. The company is also expanding its operations ly.
Birla Cellulose is focusing on sustainability and the company has implemented various initiatives to reduce its environmental impact.
Moreover, Birla Cellulose is investing in research and development to develop new and innovative products to meet the needs and preferences of consumers.
The market is driven by rising demand for sustainable and eco-friendly materials in various industries such as textiles, automotive, and construction.
Several recent developments are shaping the market, including Lenzing Group's investment in a new production facility in Thailand, which is expected to increase its production capacity by 50%, and the launch of innovative products such as Birla Cellulose's Liva Reviva, a cellulosic fiber made from recycled cotton.
Furthermore, government regulations and consumer awareness regarding environmental sustainability are expected to boost market growth in the coming years.
| Report Attribute/Metric | Details |
| Market Size 2022 | 5.49(USD Billion) |
| Market Size 2023 | 6.0(USD Billion) |
| Market Size 2032 | 13.4(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 9.33% (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2023 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Birla Cellulose, Sappi, Sateri, Rio Tinto, Domtar, Rayonier Advanced Materials, China HiTech Group, Grasim Industries, Fulida Textile, Kelheim Fibers, KimberlyClark, Amcor, Lenzing AG |
| Segments Covered | Fiber Type, Application, End-Use Industry, Sustainability Attributes, Regional |
| Key Market Opportunities | Growth of sustainable fashion Increasing demand for eco-friendly textiles Advancements in fiber technology Shift towards biodegradable materials Expanding applications in various industries |
| Key Market Dynamics | Increasing demand for sustainable textiles Government incentives for eco-friendly manufacturing Growing consumer preference for natural fibers Technological advancements in cellulosic fiber production Expanding applications in various industries |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Cellulosic Man-made Fiber Market is expected to reach USD 13.4 billion by 2032, exhibiting a CAGR of 9.33% during the forecast period (2024-2032).
Asia-Pacific is anticipated to lead the market throughout the forecast period. This is attributed to the increasing demand for sustainable and eco-friendly materials in the region.
Cellulosic Man-made Fibers are widely used in various applications, including textiles, nonwovens, automotive, medical, and personal care.
Lenzing AG, Sateri Holding Group, Indorama Ventures PCL, Fulida Group, and Aditya Birla Group are among the prominent players in the
Rising environmental concerns and increasing consumer preference for sustainable products are primarily fueling the growth of the market.
Fluctuating raw material prices and fierce competition from synthetic fibers pose challenges to the growth of the market.
The Cellulosic Man-made Fiber Market is projected to expand at a CAGR of 9.33% during the forecast period of 2024-2032.
In 2023, the Cellulosic Man-made Fiber Market was valued at an estimated USD 6.0 billion.
The textiles segment is anticipated to dominate the market over the forecast period owing to the significant utilization of cellulosic fibers in the production of sustainable and eco-friendly clothing.
The COVID-19 pandemic had a moderate impact on the market, primarily due to disruptions in supply chains and reduced demand from key end-use industries.
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Senior Research Analyst With an experience of over five years in market research industry (chemicals & materials domain), i gather and analyze market data from diverse sources to produce results, which are then presented back to a client. also, provide recommendations based on the findings. as a senior research analyst, i perform quality checks (qc) for market estimations, qc for reports, and handle queries and work extensively on client customizations. also, handle the responsibilities of client proposals, report planning, report finalization, and execution
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