Global Oxidized Regenerated Cellulose Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Oxidized Regenerated Cellulose Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Oxidized Regenerated Cellulose (ORC) is a water-insoluble derivative of cellulose with excellent biocompatibility, biodegradability and non-toxicity. It can be produced from cellulose by the action of an oxidizing agent. Oxidized Regenerated Cellulose is mainly used as a surgical hemostatic material.

Market Overview:

The latest research study on the global Oxidized Regenerated Cellulose market finds that the global Oxidized Regenerated Cellulose market reached a value of USD 346.15 million in 2022. It’s expected that the market will achieve USD 556.7 million by 2028, exhibiting a CAGR of 8.24% during the forecast period.

The production cost of enterprises increases

With the gradual control of the epidemic, some factories began to resume operation. However, enterprises need to protect the life and health of employees while operating production, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after production, and testing the body temperature of employees every day to ensure their health. These measures will increase production costs and affect the development of enterprises.

Supply chain issues

The emergence of the COVID-19 epidemic has brought a greater blow to the supply chain of Oxidized Regenerated Cellulose products. The shortage of raw materials and price fluctuations are not conducive to the cost control of Oxidized Regenerated Cellulose manufacturers.

High technical content, there are certain industry barriers

Oxidized Regenerated Cellulose is obtained by selective oxidation process using regenerated cellulose material as raw material. The technical requirements for technology, equipment and environmental protection are relatively high. In the process of selective oxidation, the difficulty lies in: first, the reaction speed is fast, and the integrity and strength of the fiber are difficult to control; It is difficult to ensure the uniformity of oxidation of regenerated cellulose. In addition, the Oxidized Regenerated Cellulose obtained by oxidative modification has the characteristics of high entanglement rate and high brittleness. The traditional microfiber web forming equipment will seriously damage the fibers during the opening and carding process, making it difficult for the fibers to form a web. These technical difficulties in the production process lead to the existence of industry barriers in the Oxidized Regenerated Cellulose industry.

The medical supplies industry is more regulated

Currently Oxidized Regenerated Cellulose products are mainly used in the medical industry. There is a lot of industry regulation in this industry. Oxidized Regenerated Cellulose needs to go through multiple procedures for monitoring and certification from research and development, production to commercial appearance on the market. These programs not only ensure the safe use of Oxidized Regenerated Cellulose products, but also limit the development of the Oxidized Regenerated Cellulose market to a certain extent.

Technological innovation

In the frontier of science, it can be seen that because of the wide range of raw materials, Oxidized Regenerated Cellulose can be regenerated, hydrophilic and biocompatible, and is suitable for bioMedical industry and other fields. In recent years, the research on Oxidized Regenerated Cellulose mainly focuses on the oxidation depth, oxidation mechanism and application of oxidized cellulose. Therefore, to further improve the oxidation system of selective oxidation of cellulose, to find the best reaction conditions, and to expand the application direction of Oxidized Regenerated Cellulose, is the direction and key work of the majority of researchers. Once the results are achieved, it will expand the application scope of Oxidized Regenerated Cellulose products and promote the development of the Oxidized Regenerated Cellulose industry.

Region Overview:

In 2022, the share of the Oxidized Regenerated Cellulose market in North America stood at 65.5%.

Company Overview:

Ethicon is one of the major players operating in the Oxidized Regenerated Cellulose market, holding a share of 77.91% in 2023.

Ethicon

Ethicon, Inc. is a subsidiary of Johnson & Johnson. It was incorporated as a separate company under the Johnson & Johnson umbrella in 1949 to expand and diversify the Johnson & Johnson product line. Ethicon has manufactured surgical sutures and wound closure devices.

GELITA MEDICAL

GELITA MEDICAL GmbH is a medical device company, focused on R&D, manufacturing and commercializing a complete range of absorbable hemostats based on gelatin and oxidized cellulose.

Segmentation Overview:

As for product types, the Originated From Cotton segment held the largest market share in 2022.

Application Overview:

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

Key Companies in the global Oxidized Regenerated Cellulose market covered in Chapter 3:

Mascia Brunelli Spa
Ethicon
Hangzhou Singclean Medical Products Co., Ltd
GELITA MEDICAL
CuraMedical BV
Samyang Holdings Biopharmaceuticals Division

In Chapter 4 and Chapter 14.2, on the basis of types, the Oxidized Regenerated Cellulose market from 2018 to 2029 is primarily split into:

Originated From Cotton
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Oxidized Regenerated Cellulose market from 2018 to 2029 covers:

Medical industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) 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)