The Cellulosic Fibre Market will reach $8.5 bn in 2016

Thursday 5 January 2017, Amsterdam

A new report, now available on ASDReports, concludes that the world market for Cellulosic Fibres will reach $9.1 billion in 2017. This analysis and others appear in the Cellulosic Fibre Market Trends, Analysis & Forecast 2017-2026: Volume (KT) & Market Value ($bn) Forecasts By Application (Textiles & Clothing, Non-Wovens, Industrial, Other) & By Fibre Type (Viscose Fibres, Modal Fibres & Lyocell Fibres) & By Region & National Markets.

The applications for cellulosic fibre have increased significantly in recent years and are expected to grow at a rapid pace during the coming decade.
The cellulosic fibre market has been dominated by the Asia-Pacific region, accounting for more than half of the global market. However, we expect the Rest of the world region which includes Brazil, Turkey, and the Middle East and other regions to expand rapidly as well, Moreover, we predict strong growth of Cellulosic Fibre production and consumption in textiles & clothing, non-wovens, industrial, and others. Globally, textiles & clothing is the biggest end-use segment of the cellulosic fibre. Demand for cellulosic fibres in this end-use segment is mainly driven by factors such as decreasing cotton output in recent times, increasing demand for apparel & clothing products and increasing usage of the specialty fibres in high end-textiles products.

For 2017, The key player assesses the global cellulosic fibres market to be worth $9.1bn. The key player also determined the global consumption of cellulosic fibres to reach 5,372.4 KT in the same year. The global cellulosic fibre market is expected to have strong growth over the forecast period. It is anticipated that the man-made cellulosic fibres are going to be the key replacement for the natural cellulosic fibres due to competition faced by natural cellulosic fibres with food crops for the arable land which is shrinking rapidly due to a growing population across the world.