Regenerated Cellulose Market Global Industry Forecast 2022
The global regenerated cellulose market size was valued at USD 18.4 billion in 2021 and is poised to grow at a significant CAGR of 9.1% during the forecast period 2022-28. Regenerated Cellulose is widely utilised in the textile and clothing sectors because of its superb smooth, breathability, silky, superior absorbency, glossy and other outstanding mechanical features. Globally, there is an increasing demand for stylish materials. The increasing demand from these sectors driving global market for regenerated cellulose.
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The global regenerated cellulose market segmentation:
- By Type: Fibers and Films
- By Source: Wood-Pulp, Non-Wood Pulp, Recycled Pulp
- By Process: Viscose, Acetate, Cuprammonium
- By End User: Fabric, Automotive, Agriculture, Packaging, and Others
Asia Pacific Dominated the Regenerated Cellulose Market
The global Regenerated Cellulose Market in Asia-Pacific is segmented into China, Japan, India, Australia, South Korea, and the rest of the Asia-Pacific. The Asia Pacific market is expected to increase in the global Regenerated Cellulose Market over the forecast period. The market for regenerated cellulose is expanding significantly in a number of the region's developing nations, including India, Japan. This is due to increased consumer awareness of sustainability issues, rising disposable income, and the use of environmentally friendly raw materials in a variety of end-use sectors, including the packaging, automotive, and fabric industries. The development of important end-use industries in the countries will also increase demand for regenerated cellulose.
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Key players’ profiles in the Regenerated Cellulose Market report are Grasim Industries Limited. (India), Lenzing AG (Austria), Sateri (China), Kelheim Fibres GmbH (Germany), Fulida Group Holdings Co.,Ltd (China), CFF GmbH & Co. K.G. (Germany), CreaFill Fibers Corp. (U.S.), International Paper (U.S.), Grupo Sniace (Spain), BASE SE (Germany), Natureworks LLC (U.S.), Meredian (U.S.), Yield10 Bioscience, Inc. (U.S.), Bio-On (Italy) and Lenzing AG, Biologic Materials Co. Ltd, (China), Plantic (Australia), Danimer Scientific (U.S.), Asahi Kasei Corporation (Japan), Fortress Global Enterprises Inc (Canada)
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