DUBLIN, September 25, 2017 /PRNewswire/ --
The "Global Cellulose Fiber Market 2017-2021" report has been added to Research and Markets' offering.
The global cellulose fiber market to grow at a CAGR of 9.70% during the period 2017-2021.
Global Cellulose Fiber Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is Replacement of petrochemical fibers with cellulose fibers. The growing demand for biodegradable and environment friendly fabrics and clothing from the textile industry has been driving the global cellulose fiber market. Clothing is the biggest end-user application, which accounts for more than half of the total cellulose fibers consumed globally. The shift toward replacing petrochemical fibers with cellulose fibers in major end-user industries is another major factor driving the market growth. Consequently, the world is shifting focus toward developing cellulose fibers through renewable sources and providing biodegradable solutions to various industrial demands. Thus, the rising preference for environmental friendly fabrics is driving the market worldwide.
According to the report, one of the major drivers for this market is Expanding global population and subsequent rise in demand for clothing. The demand for cellulose fiber is increasing at a very fast rate. This is mainly because of the rise in the demand from clothing industries, owing to the rise in population worldwide as well as rising disposable incomes of consumers. The ongoing economic development in the Americas, China, India, and Indonesia has led to urbanization and increase in the disposable income of consumers. In addition, the rapid population growth, modernization, and changing lifestyle preferences have contributed to the rising demand for clothing and fashion trends, resulting in the augmented demand for cellulose fiber.
Further, the report states that one of the major factors hindering the growth of this market is Limited arable land worldwide. Most of the yielding farmland is already used for agriculture. This means that the further expansion of agricultural activities will occur on lands that are not so fertile for cellulose fiber plants. The lands which have grown agricultural plants have lost fertility because of the use of chemical fertilizers to enhance crop production. With the growing population, the need for food crops is also increasing. Therefore, the available arable land will be preferred for producing food crops instead of crops that have industrial importance. This is expected to hinder the growth of the market.
Key vendors
- Fulida Group Holding
- Aditya Birla Management
- LENZING
- Jiangsu Aoyang Technology
- TangShan SanYou Chemical Industries
Other prominent vendors
- Celanese
- Century Rayon
- Daicel
- Eastman Chemical Company
- Formosa Chemical & Fibre
- Glanzstoff
- Indo Bharat Rayon
- Kelheim Fibres
- Mitsubishi Rayon
- Rayonier Advanced Materials
- Sateri
- Shandong Helon Textile
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Application
Part 07: Market Segmentation By Types
Part 08: Geographical Segmentation
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Key Vendor Analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/wvpzgq/global_cellulose
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