WiseGuyReports.Com Publish a New Market Research Report On –“ Cellulose Fiber Market Worth 49.49 Bn US$ By 2026”.
Cellulose fibers are made of bio-abundant natural material – plants like cellulose fiber-rich bamboo, cotton, jute, flax, hemp, etc. Cellulose fibers are made up of esters or ethers of cellulose. The industry is driven by the availability of these plants. The natural fiber is Hydrophobic and absorbs moisture in its natural state. This property is reversed by chemically removing impurities to being hydrophilic and instantly absorbent.
Further, processes improve the moisture absorbance to around 30%, making it fit for the textile and other industries. The demand is increasing the textile industry as these fibers are skin-friendly, environment-friendly, and biodegradable. As people become fashion-conscious and as spending power rises the market for specialized and high-quality textile rises on demand. The trend is observed across the regions all over the globe.
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Grasim Industries Ltd.
It has engaged in active and exhaustive research in the Cellular Fiber market to establish reports that can be a valuable resource for management strategizing. The report evaluates the Cellulose fiber market at US$ 26.04 Billion (2017) that is estimated to take a huge leap to US$ 49.49 Billion by 2026, CAGR being 8.36 % during the forecast period.
The consumer is willing to adapt to a sustainable lifestyle and take eco-friendly, bio-degradable measures to reduce the synthetic fiber from getting to Earth and reducing the threat our environment is currently facing. Following the trend, the Cellulose fiber market will also move northwards.
Global Cellulose Fiber Market, by Fiber Type:
Global Cellulose Fiber Market, by Application:
Cotton has been used as the primary fiber for textiles from time immortal. The cotton plant, however, has seen a decline recently due to difficulty in cultivation. Scientists are continuously looking for new variants to enter the market to cover the demand-supply deficit. Cellulose fiber has been found to be high quality and fit for apparels and other textile uses. In 2017 the textile segment accounted for 44% of global revenue share asserting its prominence.
Asia Pacific market is predicted to show high demand and increased revenues from textile and attached industries looking at increased demands. The Asia Pacific has thus been successful in retaining its position of dominance in the industry with India, China, Pakistan, Indonesia, Taiwan, Japan, and South Korea engaged prominently in fiber production, final product manufacture and trade at many levels. While Vietnam and Bangladesh are the emerging markets that further increase the region's expertise in the Cellulose fiber.
However, the Cellulose fiber market is not limited to just Asia-Pacific.
The nature of the industry makes it a global product. Global Cellulose Fiber Market as segmented by the region. It is evident in the report that the Cellulose fiber market has a global reach with countries in North America, Europe, Middle East, and Africa, South America dealing in the same along with the Asia Pacific. This report is an excellent guide to planning and strategizing the perfect management roadmap to maximized profits.
Since 2002, tthe global clothing market has seen double the growth. Today, more than 60% of the clothing consumers buy are kept for long and only 1% gets recycled. And now a large number of companies are innovating with cellulose fiber which is set to boost the market growth.
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