Global Regenerated Cellulose Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Regenerated cellulose is a variety of materials that are formed by the transformation of natural cellulose to a soluble cellulosic derivative following regeneration. This cellulose is generally used to create a fiber or a film. Factors such as increasing demand for rayon as a substitute for silk and cotton, the rising focus of the automotive industry on reducing carbon footprint, coupled with the growing usage of man-made cellulosic fibers in textile and apparel products are driving the global market growth.
According to Statista, in 2018, the production of manmade cellulosic fibers (MMCFs) globally accounted for 6.7 million metric tons, which increased and reached 7.1 million metric tons in the year 2021. Therefore, the rising production of manmade cellulosic fibers is exhibiting a positive influence on the market growth around the world. In addition, the growing use of regenerated cellulose fibers in personal care and hygiene products and the rising penetration of emerging technologies to produce and dissolve regenerated cellulose are creating lucrative opportunities for market growth over the forthcoming years. However, the imposition of stringent rules & regulations and the availability of cheaper substitutes are hindering market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Regenerated Cellulose Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the space in terms of revenue, owing to the growing emphasis on maintaining personal hygiene and surging demand for eco-friendly fabric. Whereas, the Asia Pacific is expected to grow significantly during the forecast period. Factors such as increasing disposable income, rapid industrialization, and thriving growth of the end-use industries are augmenting the market growth over the forecasted years.
Major market players included in this report are:
Sateri
Lenzing AG
Grasim Industries Ltd.
Eastman Chemical Company
GP Cellulose, LLC
Cff Gmbh & Co. Kg
Kelheim Fibres Gmbh
Celanese Corporation
Sniace, S.A.
Samil Spinning Co.,Ltd
Recent Developments in the Market:
In May 2022, UTEXBEL- a Belgium-based company entered into a strategic collaboration with Lenzing AG with the aim of manufacturing uniforms for security personnel of the Belgian Federal Public Service for Justice (FPS Justice).
In March 2022, Lenzing AG established its global largest lyocell production plant in Thailand with a production capacity of 100,000 tons.
In January 2022, GP Cellulose, LLC., announced that the company invested around USD 80 Million with the objective of strengthening its fluff pulp production capacity.
In February 2021, Lenzing AG declared the launch of the company's new zero-carbon lyocell fibers namely TENCEL and TENCEL REFIBRA, under its brand name TENCEL.
Global Regenerated Cellulose Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Source, Manufacturing Process, End-Use Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Fiber
Film
By Source:
Wood-Pulp
Non-Wood Pulp
Recycled Pulp/De-inked Pulp
By Manufacturing Process:
Viscose
Cuprammonium
N-methyl-morpholine-N-oxide (NMMO)
Acetate
By End-Use Industry:
Fabric
Automotive
Agriculture
Packaging
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World