A recent study by Transparency Market Research
(TMR) forecasts that the global
cellulose fibers market will grow at a CAGR of 9.8% between the
years 2012 to 2018. TMR, a market intelligence firm based in the United States,
in its report says that the glycolic acid market which was valued at US$12.63
billion in 2011 will report a market value worth US$24.17 billion by 2018. The
report is titled ‘Cellulose Fibers Market - Global
Industry Analysis, Size Share, Growth, Trends and Forecast, 2012 - 2018’.
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The global cellulose
fibers market is propelled by rising demand for skin friendly, eco-friendly,
and biodegradable fabrics from the textile market. Some of the extensively used
man-made cellulose fibers include rayon and its various types like viscose
fibers, triacetate, and acetate. The production of man-made cellulose fibers
involves the application of cheaper and renewable feedstock as against their
synthetic alternatives.
This
TMR report states that the global cellulose fibers market is segmented on the
basis of application, and geography. On the basis of application, the global
cellulose fibers market is segmented into fabrics, spun yarn, clothing, and
other applications. The other applications category includes tapes, sealants,
and adhesives. The biggest application segment with the highest contribution in
the overall cellulose fibers market is that of clothing. This segment accounts
for more than 50% of cellulose fibers produced all across the globe. Tencel,
Iyocell, viscose, modal, and rayon amongst others are some of the various
regenerated forms of cellulose fibers that are widely used in the clothing
industry.
Browse the full report with TOC @ http://www.transparencymarketresearch.com/cellulose-fibers-market.html
Browse the full report with TOC @ http://www.transparencymarketresearch.com/cellulose-fibers-market.html
Different types of
fabrics and clothes make use of such forms of cellulose fibers depending upon
their respective properties. It is anticipated that the clothing segment will
witness robust growth in the years to come. Furthermore, the demand for
cellulose fibers from the spun yarns segment is also expected to increase in
the forthcoming years.
Regionally, the
global cellulose fibers market is classified into Europe, the Asia Pacific,
North America, and Rest of the World. Back in 2011, the global cellulose fibers
market was dominated by the Asia Pacific both in terms of volume and revenue.
The Asia Pacific market will be growing at a healthy CAGR of 8.1% between the
years 2012 and 2018, and will continue to lead the global cellulose fibers
market. The growth of the Asia Pacific cellulose fibers market can be attributed
to rising demand for cellulose fibers from the textile industries of countries
like India and China. The mature cellulose fibers market in Europe and North
America is expected to grow at a slower rate as against the Asia Pacific
cellulose fibers market. The main challenge facing the global cellulose fibers
market is higher cost of production which is a consequence of greater
environment-based regulatory measures, and fluctuating prices of wood pulp.
Some of the key
players operating in the overall cellulose fibers market are KelheimFibres,
Daicel Corporation, Thai Rayon, PT. Indo-Bharat Rayon, TangShanSanyou, Grasim
Industries Limited, and Lenzing AG.
The
market has been segmented as below:
Cellulose
Fibers Market: Applications Segment Analysis
- Spun Yarn
- Fabrics
- Clothing
- Other (including Adhesives, Sealants and Tapes, etc.)
About Us
Transparency Market
Research (TMR) is a global market intelligence company providing business
information reports and services. The company’s exclusive blend of quantitative
forecasting and trend analysis provides forward-looking insight for thousands
of decision makers. TMR’s experienced team of analysts, researchers, and
consultants use proprietary data sources and various tools and techniques to
gather and analyses information.
TMR’s data repository is
continuously updated and revised by a team of research experts so that it
always reflects the latest trends and information. With extensive research and
analysis capabilities, Transparency Market Research employs rigorous primary
and secondary research techniques to develop distinctive data sets and research
material for business reports.
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