Global Cellulose Fibers Market, By Type (Synthetic, Natural), Fiber Type (Cotton, Wood Pulp, Jute, Viscose, Lyocell, Modal, Others), Application (Textiles, Filtration, Hygiene, Construction, Others) – Industry Trends and Forecast to 2029.
Cellulose Fibers Market Analysis and Size
Over the last few years, natural cellulose fibers have been used as fillers and are also actively being used as the substitute for glass fibers to reinforce the matrix. The cellulose fibers tubular structure provides good insulation against heat, noise, and active humidity regulation. According to a survey, treating cellulose fibers has driven great opportunities for the pulp and paper making industries. The rising demand for eco-friendly and botanical source-based raw materials is also a factor boosting the market's growth.
Global cellulose fibers market was valued at USD 40564.52 million in 2021 and is expected to reach USD 84888.54 million by 2029, registering a CAGR of 9.67% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Cellulose Fibers Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Synthetic, Natural), Fiber Type (Cotton, Wood Pulp, Jute, Viscose, Lyocell, Modal, Others), Application (Textiles, Filtration, Hygiene, Construction, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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LENZING AG (Austria), Grasim Industries Limited. (India), Sateri (China), Shandong Helon (China), Kelheim Fibres GmbH (Germany), Fulida Group Holding Co., Ltd (China), China Bambro Textile Co., Ltd. (China), Sappi (South Africa), Eastman Chemical Company (U.S.), CFF GmbH & Co. KG (Germany), China Hi-Tech Group Corporation (China), Tangshan Sanyou Group Xingda Chemical Fibre Co. (China), Birla Cellulose (U.S.), Thai Rayon Public Co. Ltd. (Thailand)
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Market Opportunities
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Market Definition
Cellulose fibers are a result of several treatments on the wood pulp derived from plant bark, leaves, stem and others. The most prevalent rayon variations are triacetate, viscose and acetate which are man-mad cellulose fibers used extensively across various end users such as construction and textile.
Global Cellulose Fibers Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Numerous Benefits Of Cellulose fibres
Rising demands of natural fibers across various sectors such as textile, construction and others is the primary factor driving the growth of cellulose fibers market over the forecasted period. The use of natural fibers, oils and resins as eco-composite engineering components offers a complete set of new prospects for agricultural activities. The treatment of cellulose fibers with cellulases have resulted in the variety of applications such as papermaking, drainage improvements and improved refinability. The rising startup’s bacterial cellulose substance functions as a biological barriers to bacterial invasion and relieves pain. All these innovations and beneficiary factors are driving the growth of the market over the forecasted period.
- High Usage for Constructional Purpose
The cellulose fibers are extensive used across construction industries. They are widely used in the building and construction sector to shield structures from any damage from the outside. The expansion of end use industries coupled with the increase in urbanization and population will further propel the growth rate of cellulose fibers market. Additionally, the rapid urbanization and industrialization in emerging countries, such as India, China, and Southeast Asia, will drive market value growth.
Opportunities
- High demands for eco-friendly solutions
The favorable initiatives by government associated with environmental regulations to increase demand for eco-friendly solutions, will further create significant growth opportunities for the market. The European Commission and other federal government agencies create new laws and regulations, such as the Eco-product Certification Scheme (ECS). These regulations guarantee low or no harmful emissions and a green and sustainable environment. The rising demands of the wood pulp processing from botanical sources is also a factor boosting the growth of the market. The key industrial market players are actively working on the new products and technological advance through research and development activities which is the major factor creating growth opportunities for the market. Additionally, the rapid urbanization and industrialization in emerging countries, such as India, China, and Southeast Asia, will drive market value growth.
Restraints/Challenges
- Fluctuations in Raw Material Prices
The inconsistent raw material prices have a direct negative impact on the overall market’s growth. As a result, these fluctuations will pose as a major challenge the cellulose fibers market growth rate.
This cellulose fibers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cellulose fibers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Cellulose Fibers Market
The recent outbreak of coronavirus had a negative impact on the cellulose fibers market. It seriously damaged the market due to the disruption of production activities and supply chains across the chemical industries due to the lockdown restrictions. The market faced disruption in supply chains, lesser availability of workforce, fluctuations in prices and availability of raw materials which hampered the market largely. However, with the gradual upliftment of restriction and restoration of business operations, the overall cellulose fibers industry is expected to grow steadily. Also, the market is estimated to revive as individual regulatory bodies begin to relax these enforced lockdowns. The suspended and cancelled operations will continue, and the market is estimated to expand.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent developments
- In 2022, Sappi committed to being a part of the solution and is working to decarbonize its operations. It will cease using coal at its German location in Stockstadt as a next step, to create sustainable products.
- In 2021, Loncell, a Finnish firm, will launch a patented technology to improve the strength and endurance of cellulose-based fibers
Global Cellulose Fibers Market Scope
The cellulose fibers market is segmented on the basis of type, fiber type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Synthetic
- Natural
Fiber Type
- Cotton
- Wood Pulp
- Jute
- Viscose
- Lyocell
- Modal
- Others
Application
- Textiles
- Filtration
- Hygiene
- Construction
- Others
Cellulose Fibers Market Regional Analysis/Insights
The cellulose fibers market is analyzed and market size insights and trends are provided by country, type, fiber type and application as referenced above.
The countries covered in the cellulose fibers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the market in terms of market share and market revenue. It will continue to flourish its dominance due to the increasing textile and industrial sector demands along with the rapid investments in research and developments activities within the region.
Europe is estimated to show lucrative growth over the forecast period of 2022-2029, due to the rising prevalence of the market players within the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cellulose Fibers Market Share Analysis
The cellulose fibers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cellulose fibers market.
Some of the major players operating in the cellulose fibers market are
- LENZING AG (Austria)
- Grasim Industries Limited. (India)
- Sateri (China)
- Shandong Helon (China)
- Kelheim Fibres GmbH (Germany)
- Fulida Group Holding Co., Ltd (China)
- China Bambro Textile Co., Ltd. (China)
- Sappi (South Africa)
- Eastman Chemical Company (U.S.)
- CFF GmbH & Co. KG (Germany)
- China Hi-Tech Group Corporation (China)
- Tangshan Sanyou Group Xingda Chemical Fibre Co. (China)
- Birla Cellulose (U.S.)
- Thai Rayon Public Co. Ltd. (Thailand)
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