Regenerated Cellulose Market Share, Size, Trends, Industry Analysis Report, By Type; By Source (Wood-pulp, Non-wood Pulp, Recycled Pulp/De-linked Pulp); By Manufacturing Process; By End-Use; By Region; Segment Forecast, 2022 - 2030
The global regenerated cellulose market size is expected to reach USD 35.13 billion by 2030, according to a new study by Polaris Market Research. The report “Regenerated Cellulose Market Share, Size, Trends, Industry Analysis Report, By Type (Fiber, Film); By Source (Wood-pulp, Non-wood Pulp, Recycled Pulp/De-linked Pulp); By Manufacturing Process; By End-Use; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The increasing demand from various sectors such as packaging, agriculture, textile, and others is expected to drive industry growth. Furthermore, rapid urbanization and changing consumers’ lifestyles are major factors driving demand. Also, rising demand for textiles in medical applications and surgical materials and growing R&D investment will further accelerate the market.
In addition, the growing regenerated cellulose market across developing economies such as India, Indonesia, Japan, and China are rising due to consumer shifting from synthetic fiber to customizable and eco-friendly fiber with smooth and breathable texture, which is likely to have a positive impact on the demand for the product over the coming years.
Covid-19 had a negative impact on the market due to a shortage of raw materials and supply chain disruption which resulted in the shutdown of many end-use industries. However, the medical and nutrition sector has seen a demand during the covid period. When the activities resumed, many end-use industries such as packaging, agriculture, and automotive supported the market’s growth.
Regenerated cellulose Market Report Highlights
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