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

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

Refined cotton (Bleaching Cotton Linters, or Cotton Linter pulp) is a homogenous and loose white floccule without sawdust, bamboo sawdust, sand, greasy dirt, metal and other impurities, and is non-toxic, tasteless and easy to absorb water. The refined cotton is a main material for producing cellulose ethers (for example, CMC, HEC, HPMC, MC), nitrated cellulose (nitro-cotton) and cellulose acetate, and is widely applied in the fields of coating, petroleum exploitation, building materials, textile, food, daily commodities, medicine, papermaking, electronics, aerospace, plastics, and is known as “special industrial monosodium glutamate”.

Market Overview:

The latest research study on the global Refined Cotton market finds that the global Refined Cotton market reached a value of USD 7430.72 million in 2022. It’s expected that the market will achieve USD 4636.5 million by 2028, exhibiting a CAGR of -7.56% during the forecast period.

Refined Cotton Market Opportunities and Drivers

The market is currently being driven by its application in a number of industries. The increase of end-use sectors together with technological improvements is expected to boost the cellulose ether market in the forecast period. The refined cotton is a main material for producing cellulose ethers (for example, CMC, HEC, HPMC, MC), nitrated cellulose (nitro-cotton) and cellulose acetate, and is widely applied in the fields of coating, petroleum exploitation, building materials, textile, food, daily commodities, medicine, papermaking, electronics, aerospace, plastics, and is known as “special industrial monosodium glutamate”. The broad applicability of refined cotton in these industries is expected to result in its increasing growth over the forecast period.

Refined Cotton Market Challenges

With major manufacturers and suppliers in the Refined Cotton industry competing at globally, the intensity of competition within the Refined Cotton industry has increased. The vendors adopt strategies like price premiums to stay competitive in the market. Meanwhile, the local vendors in developing nations are providing tough competition to the global players based on product pricing. The fierce competition is not conducive to the sustainable development of the industry. At the same time, small companies or small retailers enter the business consequently as venturing into a Refined Cotton business does not require immense capital or investment. However, this leads to the proliferation of sub-standard or duplicate products which then hampers the competitive scenario in the market as established Refined Cotton manufacturers are compelled to lower the price of their products, which ultimately impacts their profit margins and sales volumes. The fierce competition is not conducive to the sustainable development of the industry

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Company Overview

The top three companies are Manas Xiangyun Chemical Fiber, Anhui Show Dragon Fibre Technology, Jinhanjiang Refined Cotton with the revenue market share of 11.35%, 11.05%, 7.87% in 2020.Manas Xiangyun Chemical Fiber Co. Ltd, a China (mainland) Exporter, Manufacturer exporting products to APAC, America, Europe. The company's business scope: cotton linter, refined cotton, cotton pulp, Staple fiber processing and sales, goods and technology import and export business.Anhui Snow Dragon Fiber Technology Co., Ltd. is a science and technology-oriented company which dedicates to the development and production of special cotton pulp. The company has become the special pulp manufacturer with the full scope of complete varieties e.g., for banknote paper, cellulose derivatives, industrial specialty paper, cellulose acetate, viscose fibre applications and the refined & absorbent cotton etc.

Segmentation Overview:

Among different product types, Industrial Grade Refined Cotton segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Cellulose Ethers segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Refined Cotton market covered in Chapter 3:

Anhui Show Dragon Fibre TechnologyXinjiang Sunork Cotton IndustryGlobal Komsco DaewooJinhanjiang Refined CottonSwan Fiber (CHTC)Fargona Kimyo ZavodiZibo Huawei BiotechnologyXinxiang T.N.C ChemicalGeorgia-PacificCELSURHubei Golden RingManas Xiangyun Chemical FiberNantong Yaohua FibreJinqiu Cotton

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

Industrial Grade Refined CottonFood Grade Refined Cotton

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Refined Cotton market from 2018 to 2029 covers:

Cellulose EthersCellulose AcetateNitrocelluloseOthers

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)