Global Manmade Cellulosic Fiber Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Manmade Cellulosic Fiber Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Manmade Cellulosic Fiber are regenerated fibers made from the dissolved wood pulp (“cellulose”) of trees. Viscose, lyocell, acetate and modal are all examples of Manmade Cellulosic Fiber.

Market Overview:

The latest research study on the global Manmade Cellulosic Fiber market finds that the global Manmade Cellulosic Fiber market reached a value of USD 16950.77 million in 2023. It’s expected that the market will achieve USD 21664.4 million by 2029, exhibiting a CAGR of 4.17% during the forecast period.

Increasing demand for manmade cellulosic fibers from the textile industry

As manmade cellulosic fibers are widely utilized in the textile industry, the rise in per capita income and increase in consumer spending throughout the world are driving the growth of the textile and clothing sector, which is expected to drive the growth of the manmade cellulosic fibers market during the forecast period. Textiles containing cellulosic fibers require wrinkle-free finishes to improve maintenance like easy care and easy ironing for high-performance apparel. Fibers that are obtained from plant pulps are known as man-made cellulose fibers or manufactured fibers. Strength, low weight, and moisture absorbency are the key characteristics that make these fibers ideal for various applications across numerous end-user industries. They are increasingly substituting cotton fibers in various industries due to the decline in cotton production.

Wood sourcing for manmade cellulosic fibers production poses risks

The sourcing of wood for the production of manmade cellulosic fibers comes with environmental and social risks, including deforestation and forest exploitation. This has implications for biodiversity and the wellbeing of Indigenous Peoples, whose land, livelihoods, and traditions are bound up with the area. Plus, the chemicals used in the pulp and fiber production can threaten the health and safety of workers as well as the surrounding environment, due to emissions and the discharge of liquid waste. Concerns around forced or child labor and the mistreatment of workers have also been raised.

Region Overview:

In 2022, the share of the Manmade Cellulosic Fiber market in Asia Pacific stood at 83.10%.

Company Overview:

Sateri Chemical Fiber
Sateri Chemical Fiber is one of the global leaders in the cellulosic fiber industry. Its high-quality natural fibers, sourced from renewable plantation forests, are used in a wide range of textiles and skin-friendly hygiene products to provide the most comfortable experience for users with superior performance.

Lenzing AG

Sateri Chemical Fiber is one of the global leaders in the cellulosic fiber industry. Its high-quality natural fibers, sourced from renewable plantation forests, are used in a wide range of textiles and skin-friendly hygiene products to provide the most comfortable experience for users with superior performance.

Sateri Chemical Fiber is one of the major players operating in the Manmade Cellulosic Fiber market, holding a share of 17.40% in 2023.

Segmentation Overview:

Among different product types, Viscose segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Fashion segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Manmade Cellulosic Fiber market covered in Chapter 3:

Shandong Bohi
Xinxiang Bailu Investment Group Co.,Ltd.
Lenzing AG
Acegreen Eco-Material Technology Co., Ltd.
Xinjiang Zhongtai
Aditya Birla Group
Baoding Swan Fiber Co. Ltd.
Aoyang Technology
Yibin Grace Group Company
Sateri Chemical Fibre
NRC Limited
Sanyou
Zhejiang Fulida Co., Ltd.
Eastman Chemical Company
Daicel Chemical Industries, Ltd.
Celanese

In Chapter 4 and Chapter 14.2, on the basis of types, the Manmade Cellulosic Fiber market from 2019 to 2030 is primarily split into:

Viscose
Acetate
Lyocell
Modal
Cupro

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Manmade Cellulosic Fiber market from 2019 to 2030 covers:

Home
Fashion
Industrial
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)