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We expect the global cellulose fibers market to exhibit a CAGR of around 9% during 2021-2026.
The growing use of cellulose fibers for manufacturing fabrics, home textiles, biocomposites, polymer composites, and chemical filters, is primarily catalyzing the global cellulose fibers market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary shutdown of numerous end-use industries of cellulose fibers.
Based on the fibre type, the global cellulose fibers market has been divided into natural cellulose fibers and man-made cellulose fibers. Currently, man-made cellulose fibers exhibit a clear dominance in the market.
Based on the application, the global cellulose fibers market can be categorized into apparels, home textiles, medical and hygiene, and others. Among these, apparels currently account for the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global cellulose fibers market include CFF GmbH & Co. KG, China Bambro Textile (Group) Co. Ltd., Daicel Corporation, Eastman Chemical Company, Fulida Group Holdings Co. Ltd., Grasim Industries Ltd., Kelheim Fibres, Lenzing AG, Sateri Holdings Ltd., Shandong Helon Textiles Sci. & Tech. Co. Ltd., Tangshan Sanyou Xingda Chemical Fiber Co. Ltd., Zhejiang Fulida Co. Ltd., etc.
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