Cellulose Fibers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Cellulose Fibers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global cellulose fibers market size reached US$ 30.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 49.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.3% during 2023-2028.

Cellulose fiber refers to a natural or artificial fiber that is manufactured using wood pulp. It can also be produced using esters of leaves, wood and barks of the plants and other plant-based materials. The other natural fibers are obtained from cotton, jute, flax, hemp and ramie, whereas artificial fibers majorly include lyocell, viscose and modal. These fibers are extremely light-weight and exhibit high moisture absorbency and strength, owing to which they are majorly used for manufacturing fabrics, home textiles, biocomposites, polymer composites and chemical filters.

Significant growth in the textile industry across the globe is one of the key factors driving the growth of the market. Furthermore, increasing environmental consciousness has facilitated the demand for biodegradable fabrics, which is acting as another major growth-inducing factor. Cellulose fibers are primarily manufactured using wood pulp, which is skin-friendly, biodegradable and environment-friendly in nature, owing to which they are widely adopted in the textile industry. Additionally, increasing product utilization for manufacturing industrial textiles, such as curtains and upholstery, along with advancements, such as the utilization of cellulose nanofibrils (CNFs) and cellulose nanocrystals (CNCs) to enhance the mechanical properties, biocompatibility and biodegradability of cellulose fibers, is creating a positive impact on the market growth. Other factors, including the implementation of favorable government policies promoting the use of plant-based sources in place of petrochemicals, coupled with expanding industrial applications, easy availability of raw materials, and cost-effectiveness of these fibers, are projected to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cellulose fibers market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on fiber type and application.

Breakup by Fiber Type:

Natural Cellulose Fibers
Cotton Fibers
Jute Fibers
Wood Fibers
Others
Man-made Cellulose Fibers
Viscose Fibers
Lyocell Fibers
Modal Fibers
Others

Breakup by Application:

Apparels
Home Textiles
Medical and Hygiene
Others

Breakup by Region:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being CFF GmbH & Co. KG, China Bambro Textile (Group) Co. Ltd., Daicel Corporation, Eastman Chemical Company, Fulida Group Holdings Co. Ltd., Grasim Industries Ltd., Kelheim Fibres, Lenzing AG, Sateri Holdings Ltd., Shandong Helon Textiles Sci. & Tech. Co. Ltd., Tangshan Sanyou Xingda Chemical Fiber Co. Ltd., Zhejiang Fulida Co. Ltd., etc.

Key Questions Answered in This Report

1. What was the size of the global cellulose fibers market in 2022?
2. What is the expected growth rate of the global cellulose fibers market during 2023-2028?
3. What are the key factors driving the global cellulose fibers market?
4. What has been the impact of COVID-19 on the global cellulose fibers market?
5. What is the breakup of the global cellulose fibers market based on the fiber type?
6. What is the breakup of the global cellulose fibers market based on the application?
7. What are the key regions in the global cellulose fibers market?
8. Who are the key players/companies in the global cellulose fibers market?