Global Cellulose Market, By Source (Natural, Fruits, and Treewood), Modification (Unmodified and Modified), Manufacturing Process (Viscose, Cellulose, and Ethers), Purity (Above 95%, 85% - 95%, and Below 85%), Application (Food, Pharmaceuticals, Paper, Cosmetics, and Textiles) – Industry Trends and Forecast to 2030.
Cellulose Market Analysis and Size
Data Bridge Market Research analyses that the global cellulose market, which was USD 40.56 billion in 2022, would rocket up to USD 93.10 billion by 2030 and is expected to undergo a CAGR of 9.67% during the forecast period of 2023 to 2030.
Cellulose is used as cellulose derivatives such as acetate, cellulose ethers, and cellulose esters. These derivatives have applications in various industries, including pharmaceuticals, food, textiles, and cosmetics. They are used as thickeners, stabilizers, emulsifiers, and film-forming agents, among other functions.
The natural source segment is expected to dominate the global cellulose market due to its sustainable and renewable nature, making it a preferred choice for environmentally conscious industries and consumers.
“Natural” dominates the source segment of the cellulose market due to its sustainable and renewable nature, making it a preferred choice for environmentally conscious industries and consumers.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Cellulose Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volume in Tons, Pricing in USD
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Segments Covered
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By Source (Natural, Fruits, and Treewood), Modification (Unmodified andModified), Manufacturing Process (Viscose, Cellulose, and Ethers), Purity (Above 95%, 85% - 95%, and Below 85%)
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Countries Covered
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North America (U.S., Canada, and Mexico), South America (Brazil, Argentina, and Rest of South America), Europe (Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific), Middle East and Africa (U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and Rest of the Middle East and Africa)
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Market Players Covered
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Ashland (U.S.), Shin-Etsu Chemical Co., Ltd. (Japan), Dow (U.S.), CP Kelco (U.S.), Akzo Nobel N.V. (Netherlands), LOTTE Chemical CORPORATION (South Korea), China RuiTai International Holdings Co., Ltd. (China), DKS Co. Ltd. (South Korea), Daicel Finechem Ltd. (Japan), Fenchem (China), J. RettenmaierandSöhne GmbH + Co.Kg (Germany), Lotte Fine Chemical (South Korea), Reliance Cellulose Products Ltd. (India), SE Tylose GmbH and Co. Kg (Germany), Shandong Head Co., Ltd. (China), Shin-Etsu Chemical Co. Ltd. (Japan), MAZRUI INTERNATIONAL (U.A.E.), Zhejiang Kehong Chemical Co. Ltd. (China), Rayonier Inc. (United States), Tembec Inc. (Canada), Borregaard (Norway)
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Market Opportunities
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Market Definition
Cellulose refers to various cellulose-based products and derivatives used across industries, including paper and pulp, textiles, pharmaceuticals, food and beverages, cosmetics, and construction. These products and derivatives are typically derived from natural sources such as wood pulp, cotton, or agricultural residues and are valued for their structural properties, biodegradability, and sustainability.
Global Cellulose Market Dynamics
Drivers
- Growing demand for sustainable and eco-friendly materials
Cellulose, generally derived from renewable sources such as wood pulp and cotton, is considered a sustainable alternative to synthetic materials. The increasing focus on sustainability and environmental concerns drives the demand for cellulose in various industries. Moreover, technological advancements are driving market growth by enabling the development of innovative cellulose-based products.
- Rising demand from the textile industry
Cellulose fibers are extensively used in the textile industry for producing fabrics and garments. The growing fashion industry and changing consumer preferences towards comfortable and natural fabrics drive the demand for cellulose fibers. Moreover, rapid expansion of the textile and apparel industry drives global cellulose market growth.
Restraint
- Availability of alternative materials
Cellulose is known for its sustainability benefits however, cellulose faces competition from synthetic materials and other natural fibers. The availability of alternative materials with similar properties and lower costs restrain the growth of the cellulose market in some applications.
Opportunity
- Increasing demand for cellulose nanofibers
Cellulose nanofibers, known for their exceptional strength, lightweight nature, and high aspect ratio, have a wide range of potential applications in various industries, including composites, automotive, aerospace, and construction. The increasing demand for lightweight and high-performance materials opens doors for cellulose nanofibers in these sectors.
Challenge
- Volatility of raw material prices
The production of cellulose requires raw materials that may have fluctuations in availability and prices and can significantly impact the production costs of cellulose. Supply chain disruptions, geopolitical factors, and changing market dynamics can contribute to raw material price volatility.
This global cellulose market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global cellulose market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Development
- In February 2023, Japanese multinational company Asahi Kasei completed the construction of its second plant for Ceolus™ microcrystalline cellulose (MCC) at its Mizushima Works in Japan. The new facility aims to meet the growing demand for MCC, particularly in pharmaceutical tablets.
Global Cellulose Market Scope
The global cellulose market is segmented on the basis of source, modification, manufacturing process, purity, and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Source
- Natural
- Fruits
- Treewood
Modification
- Unmodified
- Modified
Manufacturing Process
- Viscose
- Cellulose Ethers
Purity
- Above 95%
- 85% - 95%
- Below 85%
Application
- Food
- Pharmaceuticals
- Paper
- Cosmetics
- Textiles
Global Cellulose Market Regional Analysis/Insights
The global cellulose market is analyzed, and market size insights and trends are provided by the source, modification, manufacturing process, purity, and application referenced above. The countries covered in the cellulose market report are U.S., Canada, and Mexico in North America, Brazil, Argentina, and Rest of South America in South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, and Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific in Asia-Pacific, and U.A.E, Saudi Arabia, Egypt, South Africa, Israel, and Rest of the Middle East and Africa in Middle East and Africa.
The Asia-Pacific region is expected to dominate the global cellulose market due to its significant presence in the textile and pharmaceutical industries, which are key end-users of cellulose products.
Europe is expected to expand at a significant growth rate over the forecast period of 2023 to 2030 due to the region has stringent regulations regarding product quality and sustainability, driving the demand for high-quality cellulose materials.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Cellulose Market Share Analysis
The global cellulose market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, and application dominance. The above data points are only related to the companies' focus on the cellulose market.
Some of the major players operating in the global cellulose market are:
- Ashland (U.S.)
- Shin-Etsu Chemical Co., Ltd. (Japan)
- Dow (U.S.)
- CP Kelco (U.S.)
- Akzo Nobel N.V. (Netherlands)
- LOTTE Chemical CORPORATION (South Korea)
- China RuiTai International Holdings Co., Ltd. (China)
- DKS Co. Ltd. (South Korea)
- Daicel Finechem Ltd. (Japan)
- Fenchem (China)
- J. RettenmaierandSöhne GmbH + Co.Kg (Germany)
- Lotte Fine Chemical (South Korea)
- Reliance Cellulose Products Ltd. (India)
- SE Tylose GmbH and Co. Kg (Germany)
- Shandong Head Co., Ltd. (China)
- Shin-Etsu Chemical Co. Ltd. (Japan)
- MAZRUI INTERNATIONAL (U.A.E.)
- Zhejiang Kehong Chemical Co. Ltd. (China)
- Rayonier Inc. (U.S.)
- Tembec Inc. (Canada)
- Borregaard (Norway)
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