Read us | Listen to us | Watch us | Join Live Events | Turn Off Ads | Live |

Click on your language to translate this article:

Afrikaans Afrikaans Albanian Albanian Amharic Amharic Arabic Arabic Armenian Armenian Azerbaijani Azerbaijani Basque Basque Belarusian Belarusian Bengali Bengali Bosnian Bosnian Bulgarian Bulgarian Catalan Catalan Cebuano Cebuano Chichewa Chichewa Chinese (Simplified) Chinese (Simplified) Chinese (Traditional) Chinese (Traditional) Corsican Corsican Croatian Croatian Czech Czech Danish Danish Dutch Dutch English English Esperanto Esperanto Estonian Estonian Filipino Filipino Finnish Finnish French French Frisian Frisian Galician Galician Georgian Georgian German German Greek Greek Gujarati Gujarati Haitian Creole Haitian Creole Hausa Hausa Hawaiian Hawaiian Hebrew Hebrew Hindi Hindi Hmong Hmong Hungarian Hungarian Icelandic Icelandic Igbo Igbo Indonesian Indonesian Irish Irish Italian Italian Japanese Japanese Javanese Javanese Kannada Kannada Kazakh Kazakh Khmer Khmer Korean Korean Kurdish (Kurmanji) Kurdish (Kurmanji) Kyrgyz Kyrgyz Lao Lao Latin Latin Latvian Latvian Lithuanian Lithuanian Luxembourgish Luxembourgish Macedonian Macedonian Malagasy Malagasy Malay Malay Malayalam Malayalam Maltese Maltese Maori Maori Marathi Marathi Mongolian Mongolian Myanmar (Burmese) Myanmar (Burmese) Nepali Nepali Norwegian Norwegian Pashto Pashto Persian Persian Polish Polish Portuguese Portuguese Punjabi Punjabi Romanian Romanian Russian Russian Samoan Samoan Scottish Gaelic Scottish Gaelic Serbian Serbian Sesotho Sesotho Shona Shona Sindhi Sindhi Sinhala Sinhala Slovak Slovak Slovenian Slovenian Somali Somali Spanish Spanish Sudanese Sudanese Swahili Swahili Swedish Swedish Tajik Tajik Tamil Tamil Telugu Telugu Thai Thai Turkish Turkish Ukrainian Ukrainian Urdu Urdu Uzbek Uzbek Vietnamese Vietnamese Welsh Welsh Xhosa Xhosa Yiddish Yiddish Yoruba Yoruba Zulu Zulu

3 Trends Influencing Cellulose Fiber Market Application worldwide

Wire India

Selbyville, Delaware, United States, November 5 2020 (Wiredrelease) Global Market Insights, Inc โ€“:Global cellulose fiber market size will reach a yearly valuation of USD 39.8 billion by 2024. Robust use in manufacturing apparel and textiles, considering the expansion of the clothing sector, will augment the development of cellulose fibers. Factors like rising world population and increasing household incomes due to economic growth in emerging economies of Asia Pacific and Latin America are leading to a consistent demand for apparels across fashion-conscious consumers.

Another prominent driver for the global cellulose fiber market is the environment friendly and bio-degradable benefits derived from the fibers in comparison to other petrochemical fibers including polyester and nylon. The cellulose fiber components are produced from natural sources like wood, leaves, and barks among others, making it a healthier and safer alternative to conventionally used fibers.

Request a sample copy of this research report @

Catalyst in the production of garments

The apparels sector contributed to a revenue share of up to USD 1 trillion in 2015 and is projected to grow significantly in the coming years. This can be attributed to the constant evolution in fashion trends along with the competitive pricing of the products, enhancing the market value for the textiles. Based on applications, the use of cellulose fibers can be distributed across spun yarn, clothing, and fabrics.

Product consumption from the clothing application accounted for 60% of the global share and is pegged to reach a CAGR of over 9.5% in the coming years. The growth can be attributed towards the augmenting consumption of apparel and clothing among new generation fashion savvy users who have high expenditure capacities, besides the expanding e-commerce sector.

Key markets across Asia Pacific and Europe

Asia Pacific can be considered a rapidly emerging regional market for cellulose fibers and is anticipated to see a CAGR of 9.5%, valued at USD 15 billion in remuneration, through 2024. Presence of a large number of apparel and textile manufacturers as well as increasing raw material production across the region are factors escalating the growth.

Europe cellulose fiber market share is estimated to record an annual consideration of more than USD 10 billion by 2024, while its growth rate is projected to strike a 9% CAGR, with the growing product consumption across the continent.

Request for customization @

Restrictive competitive landscape worldwide

Global cellulose fiber suppliers mainly comprise of six prominent leaders accounting for over 50% of the overall business share. The firms are focused on effective production and supply of processed chemicals, fibers as well as textiles, yarns, and fabrics.

They are also keen on strategic associations and increasing investments. Tangshan Sanyou, Indo-Bharat Rayon, Fulida, Aoyang, Kelheim Fibres GmbH, Lenzing SA, Sateri, Daicel Corporation, and Thai Rayon are some of the other brands functioning in the business landscape.

Stringent norms and regulations have been framed by several governments to protect forest reserves, considering the surge in deforestation and global warming. This, along with the controlled and limited cutting of trees for wood and other resources is resulting in a stir in the costs of raw materials, which may negatively influence the demand for the cellulose fiber. Also, the COVID-19 pandemic in 2020 has stalled the progress of the industry to a certain extent due to restrained production and supply.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
Email:ย [email protected]

This content has been published by Global Market Insights, Inc company. The WiredRelease News Department was not involved in the creation of this content. For press release service enquiry, please reach us at [email protected].