5195.00 Dollar US$ Global Cellulose Fibers Market Report Buffalo

Published date: July 17, 2018
  • Location: Buffalo, Buffalo, New York, United States

The global cellulose fibers market is projected to witness a CAGR of 9.02% over the forecast period. The market is likely to expand from USD 26.04 billion in 2017 to USD 49.70 billion by 2024. Surging demand for biodegradable fibers in textile which are eco-friendly, hygiene and other industries is the major factor for the growth in market. However, frequent changes in raw material prices, stringent environmental regulations regarding forestry by government globally, will act as the main challenge for the market over the coming years.

The demand for natural cellulose fibers dominated the market and accounted for around 65% in 2017. The market for synthetic fibers is projected to show a significant rise owing to its various properties, such as, it is thermoplastic in nature, abrasion-resistant, fungi resistant, low absorbency.

Celluose fiebrs market is fragmented with many local players an is thus highly compeititive

The cellulose fibers market has many international as well as local players involved. This has rendered the market to be fragmented. The presence of a large number of market participants has resulted in a highly competitive industry. Lenzing AG, Sateri, Kelheim Fibres GmbH, Grasim Industries Limited, Fulida Group Holdings Co., Ltd, China Bambro Textile (Group) Co.,Ltd, CFF GmbH & Co. KG, CreaFill Fibers Corporation, International Paper, and Grupo Sniace are some of the major market participants.

Celluose Fibers-Regional Insights

Asia Pacific dominated the overall market demand in 2015 and accounted for around 41%% in 2017. China, India, Japan, Indonesia an South Korea are the major market in the region. These countries are involved in manufacturing and trade of fibers, which are used across various end-use industries. Vietnam and Bangladesh are the potential future market for the product.



Browse full research report with TOC on “Global Cellulose Fibers Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024” at: https://www.energiasmarketresearch.com/global-cellulose-fibers-market-report/

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