NEW YORK, USA, Sept. 02, 2022 (GLOBE NEWSWIRE) -- Facts and Factors has published a new research report titled “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” in its research database.
“According to the latest research study, the demand of global Cellulose Fiber Market size & share was valued at approximately USD 35.20 billion in 2021. The market is expected to grow above a CAGR of 9.30% and is anticipated to reach over USD 60.01 billion by 2028.”
The report analyses the Cellulose Fiber market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Cellulose Fiber market.
What is Cellulose Fiber? How big is the Cellulose Fiber Industry?
- Market Overview:
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.
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Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 222+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, Revenue Analysis, SWOT Analysis, Industry Major Players, Historical and ForecastGrowth, Porter's 5 Forces Analysis
- Facts and Factors research methodology
(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)
Key Insights from Primary Research
- As per the analysis, the Cellulose Fiber market is likely to grow above a CAGR of around 9.30% between 2022 and 2028.
- The Cellulose Fiber market size was worth around US$ 35.20 billion in 2021 and is estimated to hit approximately US$ 60.01 billion by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- By process of manufacturing, the natural cellulose fiber category dominated the market in 2021.
- By application, cellulose fiber for the textile segment dominated the market in 2021.
- On the basis of region, The Asia Pacific dominated the cellulose fiber market in 2021.
Industry Growth Drivers:
- Increased focus on environmentally friendly and biodegradable fiber drives the market growth
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.
Restraints
- The high cost of cellulose fiber may hinder the market growth
The growth of the global cellulose fiber business has been significantly restricted by the price of cellulose fiber. Due to how volatile and constantly changing their costs are, large-scale businesses are limited in how they can employ raw resources.
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.
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Cellulose Fiber Market: COVID-19 Impact Analysis
Since the COVID-19 illness began making headlines in December 2019, practically every country on the planet has been affected by the disease, and the World Health Organization (WHO) has classified the situation as a "global health catastrophe." The global ramifications of the Covid illness 2019 (COVID-19) are only just beginning to become apparent, and in 2020, they will have a significant impact on the industry that deals with cellulose fibers. The flare-up of COVID-19 has had several positive results, such the cancellation of flights, the boycotting of travel, isolation, the closing of cafés, and prohibitions on all gatherings that take place indoors and outdoors. In addition to this, it has resulted in a major slowdown in production, a rise in market volatility, a decline in corporate confidence, an increase in populist hysteria, and future vulnerability in over forty countries.
Competitive Players
The report contains qualitative and quantitative research on the global cellulose fiber Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.
Some of the main 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
- ManasiAoyang Technology Co. Ltd.
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
Cellulose Fiber Market: Segmentation Analysis
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.
Regional Analysis:
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.
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Recent Industry Developments:
- 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.
Key questions answered in this report:
- What is the market size and growth rate forecast for Cellulose Fiber industry?
- What is the main driving factors propelling the Cellulose Fiber Market forward?
- What are the leading companies in the Cellulose Fiber Industry?
- What segments does the Cellulose Fiber Market cover?
- How can I receive a free copy of the Cellulose Fiber Market sample report and company profiles?
Report Scope:
| Report Attribute | Details |
| Market Size in 2021 | USD 35.20 Billion |
| Projected Market Size in 2028 | USD 60.01 Billion |
| CAGR Growth Rate | 9.30% CAGR |
| Base Year | 2021 |
| Forecast Years | 2022-2028 |
| Key Market Players | 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, ManasiAoyang Technology Co. Ltd., and Others |
| Key Segment | By Manufacturing, Application, and Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
| Purchase Options | Request customized purchase options to meet your research needs. |
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The 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
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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Key Offerings:
- Market Size, Trends, & Forecast by Revenue | 2022−2028
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis by Manufacturing, Application, and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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