Cellulose Sponge Market By Type (Natural Cellulose Sponge, Synthetic Cellulose Sponge), By End-use Industry (Automotive, Chemical, Comsetics, Medical, Packaging, Plastic Processing, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global cellulose sponge market forecast was valued at $1.6 billion in 2021, and is projected to reach $2.6 billion by 2031, growing at a CAGR of 5.0% from 2022 to 2031.
Cellulose is plant material that is found in the cell walls of all plants. It is the most abundant organic compound in the world. Cellulose sponge is biodegradable and can easily be returned to the soil after the useful life of the product. Unlike other cleaning materials, cellulose sponge can also be used multiple times before being discarded. It has a wide range of applications in various end-use industries such as automotive, medical, packaging, chemical, industrial, and household.
The growth of the cellulose sponge market is driven by rise in urbanization, increase in disposable income, and growth in chemical and petrochemical industry. The cellulose sponges are gaining popularity in the chemical sector due to this, bio degradability, non-toxic, and bio renewable properties. Cellulose sponge has great absorption capacity, owing to which it is used for cleaning of oil spills, and cleaning of chemical laboratories, and others. This is projected to propel the growth of the cellulose sponge market in the chemical industry.
However, availability of alternative substitute over expensive cellulose sponge will hamper the overall growth of the market. In addition, low shelf life period, and complex manufacturing process make it a time consuming and tedious process for cellulose sponge. These factors together are expected to hamper the growth of cellulose sponge in the market.
The rapid increase in the population in both developed and developing economies, rise in import and export of various cosmetics and skincare products, up-gradation in technology, and increased focus on the cosmetic sector has increased the demand for cellulose sponge where various different shapes of cellulose sponge have been used for cleaning, removing, applying skin care products. Cellulose sponge has a high absorption rate and resistant to chemical & heat which will make consumer more linear toward purchasing cellulose sponge product. These factors are anticipated to offer remunerative opportunities for the cellulose sponge market during the forecast period.
The cellulose sponge market is segmented on the basis of type, end-use industry, and region. On the basis of type, the market is categorized into natural cellulose sponge and synthetic cellulose sponge. On the basis of end-use industry, it is divided into automotive, chemical, cosmetics, medical, packaging, plastic processing, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The global cellulose sponge market profiles leading players that include 3M Company Company, Americo Manufacturing, Armaly Sponge Company, Corazzi Fiber S.r.l., Fiama, Industrial Commercial Supply, Kalle GmbH, Marian, Inc., Sponge Technology Corp. LLC, Spontex, Suvic Products Limited, The Indestructible Bruske Brush, UC Sponge Co., Ltd., Vileda, and WITPFoam. The global cellulose sponge market report provides in-depth competitive analysis as well as profiles of these major players.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cellulose sponge market analysis from 2021 to 2031 to identify the prevailing cellulose sponge market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the cellulose sponge market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global cellulose sponge market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Natural Cellulose Sponge
Synthetic Cellulose Sponge
By End-use Industry
Automotive
Chemical
Comsetics
Medical
Packaging
Plastic Processing
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
3M Company
Americo Manufacturing
Armaly Sponge Company
Corazzi Fiber S.r.l.
Fiama
Industrial Commercial Supply
Kalle GmbH
Marian Inc.
Sponge Technology Corp. LLC
Spontex
Suvic Products Limited
The Indestructible Bruske Brush
UC Sponge Co. Ltd.
Vileda
WITPFoam
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