Insights Into The Regenerated Cellulose Market’s Growth Opportunities Through 2023-2032 – Includes Regenerated Cellulose Market Size
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Increasing global demand for eco-friendly textiles is expected to drive innovation in regenerated cellulose manufacturing, driving the market during the forecast period.
The global regenerated cellulose market is expected to grow from $13.54 billion in 2022 to $14.96 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The regenerated cellulose market size is expected to grow to $20.64 billion in 2027 at a CAGR of 8.4%.
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Global Regenerated Cellulose Market Segments Include:
- By Type: Fiber, Film
- By Manufacturing Source: Viscose, Cuprammonium, N-ethyl-Morpholine-N-Oxide (NMMO)
- By End Use Industry: Fabric, Automotive, Agriculture, Packaging, Other End Use Industries
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global regenerated cellulose market in 2021.
Major Market Players in the regenerated cellulose market include Natureworks LLC, Bio-On SRL, BASE SE, Tianan Plantic Technologies Limited, Asahi Kasei Corporation, CFF GmbH & Co KG, Grasim Industries Limited.
Adoption of new technologies for producing and dissolving regenerated cellulose is a key trend that is gaining traction in the regenerated cellulose market. To maintain their market position, major players are developing innovative technologies and products with features such as lower carbon emissions, recycling discarded clothing and textile waste into regenerated cellulose, producing regenerating cellulose fibres with ionic liquids (ILs) as the solvent, and others. For example, LENZING AG, an Austrian manufacturer of textile fibres and pulp raw materials, will launch its new zero-carbon lyocell fibres, TENCEL REFIBRA and TENCEL, under the brand name TENCEL in September 2020. TENCELTM branded carbon-zero lyocell and modal fibres that are CarbonNeutral certified are introduced by the TENCEL brand. Throughout the supply chain, the fibres will help to reduce carbon emissions and energy consumption. TENCEL branded fibres follow the strict guidelines of The CarbonNeutral Protocol, the world’s leading framework for carbon neutrality, which means that the emissions from the fiber’s production, manufacturing, and distribution have been calculated and offset.
The Regenerated Cellulose Global Market Report 2023 provides a regenerated cellulose market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The regenerated cellulose market forecast analyzes regenerated cellulose market size, regenerated cellulose market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Regenerated cellulose is a material that is made by converting natural cellulose to a soluble cellulosic derivative and then regenerating it into a fibre or a film.
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