Global Regenerated cellulose Market, By Product (Rayon Regenerated Cellulose, Lyocell Regenerated Cellulose, Modall Regenerated Cellulose), Type (Viscose Type Fibres, Lyocell Type Fibres, Highly Oriented Fibres), Application (Packaging, Fibers, Textiles, Agriculture) – Industry Trends and Forecast to 2029
Market Analysis and Size
Bio composites from regenerated cellulose fibres are a comparatively new field. To produce composites, regenerated cellulose fibres like viscose and lyocell were reinforced in thermoplastics. Regenerated cellulose fibres are pure cellulose produced from wood pulp through different manufacturing methods and have good reinforcement potential. Furthermore, the main field of regenerated cellulose application in textiles sector, regenerated cellulose fibres can also be used in composite materials. Compared to natural fibres the regenerated cellulose fibres have reproducible and depending properties.
Data Bridge Market Research analyses that the regenerated cellulose market was valued at USD 8,200 million in 2021 and is expected to reach USD 12584.43 million by 2029, registering a CAGR of 5.50 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Regenerated fiber is formed by viscous method in which plant fiber's cellulose area dissolves in chemicals and makes it into fiber again. Since regenerated fibre contains cellulose like hemp and cotton, it is also called "regenerated cellulose fiber. Regenerated cellulose is a class of materials manufactured by converting natural cellulose to a soluble cellulosic derivative and subsequent regeneration, normally forming either a fiber or a film.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Product (Rayon Regenerated Cellulose, Lyocell Regenerated Cellulose, Modall Regenerated Cellulose), Type (Viscose Type Fibres, Lyocell Type Fibres, Highly Oriented Fibres), Application (Packaging, Fibers, Textiles, Agriculture)
|
|
Countries Covered
|
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, South Africa, Egypt, Israel, 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
|
|
Market Players Covered
|
Grasim Industries Limited. (India), Lenzing AG (Austria), Sateri (China), Kelheim Fibres GmbH (Germany), Fulida Group Holdings Co., Ltd (China), CFF GmbH & Co. K.G. (Germany), CreaFill Fibers Corp. (U.S.), International Paper (U.S.), Grupo Sniace (Spain), BASE SE (Germany), Natureworks LLC (U.S.), Meredian (U.S.), Yield10 Bioscience, Inc. (U.S.), Bio-On (Italy), TianAn Biologic Materials Co., Ltd. (China), Biologic Materials Co. Ltd, (China), Plantic (Australia), Danimer Scientific (U.S.), Asahi Kasei Corporation (Japan), Fortress Global Enterprises Inc (Canada)
|
|
Market Opportunities
|
|
Regenerated Cellulose Market Dynamics
Drivers
- Highly used in textile industry
Regenerated fibres are widely used in textile industry, these fibre can be given different type of finishes which make the cloth textured, smooth or shiny. The Common use of these fibres are in fashion clothing, lingerie’s and trimmings such as ribbons. Due to new developments, the regenerated fibres are becoming more technically advanced and mainly used in breathable fabrics, protective clothing, and some items for medical use. Due to the wide use of regenerated cellulose in the textile sector, the demand for this fiber is expected to drive the market growth rate.
- Rise the demand for rayon regenerated cellulose fibre
Rayon is also a regenerated cellulose fibre which is created by dissolving the cellulose area of wood pulp in chemicals and making it into fiber again by viscose method. It contains of cellulose like hemp and cotton. Rayon is also called artificial silk because it looks like shiny ray with gloss like silk. It is categorized by moisture absorption and desorption properties, smooth texture, unique gloss and superior staining property. The rising demand of rayon increase the growth rate of regenerated cellulose market.
Opportunities
Growing demand from industries such as sporting goods, agriculture products, and others is projected to enhance the market's growth rate. The increasing income levels and rapid urbanization have shifted consumers' preferences from need-based purchasing to aspiration-based purchasing. Some of the other factors like growing demand for textiles in medical application, increasing application in the surgical materials, tire cords and rising R&D investment will further accelerate the regenerated cellulose market during forecast period. Furthermore, increasing strategic collaborations and growing the rate of emerging new markets will also act as market drivers, further increasing valuable opportunities for the regenerated cellulose market's growth rate.
Restraints/ Challenges
However, the comparatively higher manufacturing price of regenerated cellulose can restrain the market growth. It has also been observed that there is a lack of awareness regarding the technical textiles among the potential consumers, which has restricted the product reach rate amongst the consumer. This factor has also hampered the growth rate of the regenerated cellulose market globally to some extent during the forecast period.
This regenerated cellulose 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 regenerated cellulose market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Regenerated Cellulose Market Scope
The regenerated cellulose market is segmented on the basis of products, 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.
Product
- Rayon Regenerated Cellulose
- Lyocell Regenerated Cellulose
- Modall Regenerated Cellulose
Type
- Viscose Type Fibres
- Lyocell Type Fibres
- Highly Oriented Fibres
Application
- Packaging
- Fibers
- Textiles
- Agriculture
Regenerated Cellulose Market Regional Analysis/Insights
The regenerated cellulose market is analysed and market size insights and trends are provided by country, products, type and application as referenced above.
The countries covered in the regenerated cellulose 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, South Africa, Egypt, Israel, 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 regenerated cellulose market in terms of market share during the forecast period. This is due to the growing demand for regenerated cellulose in this region. Asia-Pacific region leads the regenerated cellulose market due to growing industrialization and increasing demand for the sports textiles in this region.
During the estimated period, North America is anticipated to be the fastest developing region due to significant R&D initiatives for developing sustainable regenerated cellulose fibers in this 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 Regenerated Cellulose Market Share Analysis
The regenerated cellulose 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 regenerated cellulose market.
Some of the major players operating in the regenerated cellulose market are:
- Grasim Industries Limited. (India)
- Lenzing AG (Austria)
- Sateri (China)
- Kelheim Fibres GmbH (Germany)
- Fulida Group Holdings Co.,Ltd (China)
- CFF GmbH & Co. K.G. (Germany)
- CreaFill Fibers Corp. (U.S.)
- International Paper (U.S.)
- Grupo Sniace (Spain)
- BASE SE (Germany)
- Natureworks LLC (U.S.)
- Meredian (U.S.)
- Yield10 Bioscience, Inc. (U.S.)
- Bio-On (Italy)
- TianAn Biologic Materials Co., Ltd. (China)
- Biologic Materials Co. Ltd, (China)
- Plantic (Australia)
- Danimer Scientific (U.S.)
- Asahi Kasei Corporation (Japan)
- Fortress Global Enterprises Inc (Canada)
SKU-