Global Cellulose Fiber Market is expected to reach USD 37,284 Million by 2023
Jun 29, 2017
Global Cellulose Fiber Market is expected to grow at CAGR of 5.73% during the forecasted period.
Pune, India - June 29, 2017 /MarketersMedia/ —
Market Synopsis of Cellulose Fiber Market:
Globally, the market for Cellulose Fiber has been increasing tremendously, specifically in Asia pacific, owing to rise in the populations in this region resulting to increasing in demand for Textile industry. Additionally, cellulose fibre industry growth typically follows the growth of these key end markets. The demand from textile industry for cellulose fibre is increasing day by day from developing economies such as china and India. India is world’s second largest producer of textiles specially in cotton and cellulose fibre, abundant availability of raw materials such as cotton, jute, silk, skilled workforce have made a country sourcing hub. In-addition, According to, Government of India, ministry of agriculture has mentioned there is tremendous demand for bamboo in national and international markets. Therefore government is taking necessary steps in to fill –up the gap between supply and demand in this sector.
Do Inquiry Before Purchasing Report Here: https://market.biz/report/global-cellulose-fiber-market-mrf/102254/#inquiry
The market of cellulose fiber by type is segmented into natural and synthetic. Natural accounted for the largest market share of 54% in 2016, and is projected to grow at the highest CAGR during the forecast period. Synthetic was the second-largest market in 2016, with the market share of 46% in 2016. The demand for natural cellulose has been declining in past few years due to difficulty in cultivation and increasing demand from synthetic fibers is predicted to increase and if the development of new cellulose fiber is successful the growth rate might even exceed the forecasted period.
Key Findings
1) The Global cellulose fiber market is expected to reach USD 37,284 Million by 2023
2) Regionally, Asia-pacific has the largest market of USD 13,553 Million by 2023
3) In Asia- pacific, China accounted for the largest market share of 45 % in 2015, with a market value of USD 4,250 million and is projected to grow at the highest CAGR of 5.98% during the forecast period. Japan was the second-largest market in 2015, valued at USD 1,785 million in 2015; it is projected to grow at a CAGR of 5.15%.
4) Apparels market accounted for the largest market share registering CAGR of 5.73% during the forecasted period
5) On basis of type segment, Natural holds the market share of 54% in 2016
Key Players for Global Cellulose Fiber Market:
The key players in market includes Lenzing AG, Grasim Industries Limited, Sateri Holdings Limited, Kelheim Fibres, Tangshan Sanyou Xingda Chemical Fiber Co., Ltd, International paper, and Eastman Chemical Company
Intended Audience
1) Manufacturers and distributors of Cellulose Fiber.
2) Suppliers and traders of Cellulose Fiber.
3) Government, associations and industrial bodies.
4) Investors and Trade experts.
5) Consulting in chemical experts.
About Us:
Market.Biz consists of a highly motivated team of young and experienced individuals who are detail-oriented and highly focused on providing clients with the information they need. Information is king in the business world, and we specialize in providing that.
Referal News Network: http://chollywood.info
Contact Info:
Name: Lawrence John
Email: [email protected]
Organization: Market.Biz
Address: S no. 51/14 First Floor, Office Number 4, Vishwa Arcade, Near Navale Lawns, Pune, Maharashtra, India 411041.
Phone: +1(857)2390696
For more information, please visit https://market.biz/report/global-cellulose-fiber-market-mrf/102254/
Source: MarketersMedia
Release ID: 212640
Recommended
Long queues after crash on M2
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.
More News
Traffic temporarily held on A2 following crash
Motorists are being advised to approach with caution following a crash during rush hour.
Chinese doctors shrink lung tumour for baby still in mother’s womb, using needle
Chinese doctors have performed an unprecedented surgery to save an unborn child who developed a fast-growing tumour. A medical team from Shenzhen and Hong Kong recently completed a challenging, precise reduction of a foetal chest tumour while the baby was still in the womb, offering new hope to families facing similarly dire prognoses. Jointly performed by doctors from Shenzhen Baoan Women’s and Children’s Hospital and the Chinese University of Hong Kong, the procedure was detailed and published...
Long delays following multi-vehicle crash on A2
There are long queues building on the A2 after traffic was temporarily held following a crash involving multiple vehicles.
Anthony Albanese's popularity hits new low in poll
Pressure is mounting on the Albanese government as new polling shows Australians feeling the pinch are losing faith in Labor.
The credit card fee ban just seems to feed more inflation
The fee changes were announced six months ago, but some organisations are only now waking up to them.
Sydney Roosters party after NRL premiership win
There's no end to the partying in Sydney's east as the Roosters soak up the glory of their NRL premiership win.
Woman Tasered after stabbing in Sydney
A woman has been tasered and arrested by police after a stabbing outside a cinema in Newtown.
/file/publisher-c1a3f893382d2b2f8a9aa22a654d9c97/2026/04/2fad8db89eebcb4956856fc91429ec39.jpg)
N Sembilan disputed chieftains dismiss 'treason' claim, say royal council cited no law
They also say Tuanku Muhriz was accorded due process.
Teen fighting for life after botched firebombing in Melbourne
A teenager is fighting for life after setting himself and then a getaway car on fire.
Days after Xi-Trump summit, top Taiwan diplomat opens de facto consulate in US
Taipei’s top diplomat is in Arizona this week to open a de facto consulate and tour the state’s semiconductor corridor, even as US President Donald Trump has just wrapped up the pageantry of a state visit for President Xi Jinping. Lin Chia-lung, Taiwan’s foreign minister, arrived in Phoenix late on Saturday for a three-day visit that highlights the deepening economic ties between Washington and Taipei. His visit will not include stops in Washington or meetings with anyone at the State...
Abby Choi’s mother tells court former in-laws lived off socialite’s family wealth
The mother of slain Hong Kong socialite Abby Choi Tin-fung has accused her former in-laws of living off her family’s wealth without contributing anything to her grandchildren. Cheung Yin-fa testified in the High Court on Monday about the relationship between her daughter, ex-son-in-law Alex Kwong Kong-chi, and his family in the years leading up to the influencer’s slaying in February 2023. Kwong, 31, his father Kwong Kau, 68, and elder brother Anthony Kwong Kong-kit, 35, are standing trial after...
Clarkson’s Farm favourite among special guests at Kent countryside show
Education about the farming world was the focus of this year’s East Kent Ploughing Match, with more than 500 schoolchildren attending.