The “cellulose fibre market” refers to the demand for fibres derived from cellulose, a naturally occurring polymer that is the primary structural component of plant cell walls. Among the many applications for cellulose fibres are textiles, paper and pulp, building supplies, and personal care items. The market for cellulose fibre is anticipated to be worth US$ 3,825.6 million in 2022 and US$ 5,772.7 million by 2032. Over the forecast period of 2022–2032, the market is anticipated to grow at a CAGR of 4.2%.
Despite the fact that cellulose fibres are biodegradable and composed of renewable resources, the market is growing due to the increased demand for sustainable and ecologically friendly products. Because of the rising demand for textiles, notably in the clothing and home furnishings industries, the market is growing.
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There are several different types of cellulose fibres, including viscose, modal, lyocell, and pulping byproducts. The most widely used cellulose fibre is viscose, which is valued for its affordability, adaptability, and soft, silky feel in the textile industry. The excellent absorbency and softness of modal, another often used cellulose fibre, make it a popular material for apparel and home decor. A more recent cellulose fibre called Lyocell is renowned for its exceptional strength, resilience, and environmental sustainability.
One of the difficulties faced by businesses operating in the cellulose fibre market is the high cost of raw resources, such as wood pulp, and the strict rules enforced by environmental organisations. Because they are frequently less expensive and have qualities similar to cellulose fibres, synthetic fibres like polyester and nylon pose a serious threat as well.
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Despite these obstacles, the market is anticipated to expand steadily over the next several years due to rising demand for textiles and environmentally friendly, sustainable materials. To keep their top spot in the market, businesses are concentrating on creating novel and cutting-edge products as well as growing their presence in new markets.
In conclusion, the desire for sustainable and environmentally friendly materials, as well as the rising demand for textiles, are projected to push the market for cellulose fibre to rise steadily in the years to come. The market is anticipated to rise as companies concentrate on creating new, cutting-edge goods and increasing their presence in new areas, despite the obstacles created by the high cost of raw materials and the competition from synthetic fibres.
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Key Players:
- Sappi Group
- Birla Cellulose
- Tembec Inc.
- The Lenzing Group
- Thai Rayon Public Co. Ltd.
- Tangshan Sanyou Group Xingda Chemical Fiber Co. Ltd.
Key Segments Profiled In the Global Cellulose Fiber Market Report
Cellulose Fiber Market by Process of Manufacturing:
- Natural Cellulose Fiber
- Plant-based
- Cotton
- Flax (Linen)
- Jute
- Wood-based
- Animal-based
- Alpaca-based
- Silk-based
- Manufactured Cellulose Fiber:
- Semi-Synthetic
- Rayon or Viscose
- Modal
- Synthetic
- Nylon
- Polyester
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