Cellulose Fiber Market - Forecasts from 2018 to 2023
The cellulose fibre market is predicted to witness a compound annual growth rate of 8.51% during the forecast period to reach a total market size of US$44.893 billion by 2023, increasing from US$27.509 billion in 2017. Rapidly changing fashion trends coupled with rising disposable income of people in many regions across the globe is increasing the demand for high quality textiles. This is increasing the demand for cellulosic fibres. Low cost of these fibres, on account of easy availability of raw materials, is fuelling their adoption across industries, thus augmenting their market growth. As technologies continue to advance, the application of these cellulose fibres will expand into wider industry verticals, thus driving their market over the projected period. However, stringent forestry regulations in many regions across the globe will restrain the market growth to some extent.
Geographically, Asia Pacific holds a major share in the global market owing to the presence of major market players in this region. Middle East and Africa also holds a significant market share on account of growing textile industry in this region.
Firstly, the report provides a brief introduction of the cellulose fiber market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources and primary inputs which were taken for data validation. This section also and outlines various segments which have been covered as part of the report.
The Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges and opportunities which exist in the current market. This section of the report also provides global and regional regulations which are determining the market growth and industry value chain analysis of cellulose fiber market. Complete industry analysis has also been covered through Porter’s five forces model as a part of this report section.
The major players discussed in this report include Lenzing AG , Birla Cellulose , SATERI , and Kelheim Fibres GmbH among others.
In the report, global cellulose fiber market has been segmented by fiber type, by application industry, and geography:
By Fiber Type
Man-Made Cellulose Fiber
Natural Cellulose Fibers
By end-user Industry
Middle East and Africa
Asia Pacific (APAC)
Kelheim Fibres GmbH
Tangshan Sanyou Xingda Chemical Fiber Co., Ltd.