Regenerated Cellulose Market Outlook 2031
The global regenerated cellulose market size was USD 18.12 Billion in 2022 and is likely to reach USD 35.14 Billion by 2031, expanding at a CAGR of 8.7% during the forecast period, 2023–2031. The market growth is attributed to the high demand for rayon-regenerated cellulose fiber and the increasing demand for the textile industry.
High usage of regenerated cellulose fibers in the textile industry is expected to boost the market. These fibers make clothes smooth, textured, and shiny, and these absorb moisture and eliminate the growth of bacteria in synthetic fabrics. They are used in protective clothing, breathable fabrics, and medicinal use, which increases the demand for the market. In addition, rayon is a term for regenerated cellulose fiber including modal, viscose, and lyocell. It is similar to cotton and hemp. This fiber is created by dissolving the cellulose of wood pulp in chemicals. Thus, in turn, is likely to increase the demand for the regenerated cellulose market. For Instance,
- In July 2021, LENZING AG partnered with Orange Fiber the world’s first brand to produce sustainable fabrics launched the first TENCEL-branded lyocell fiber that is made of wood pulp and orange. This new product aims to increase sustainability in the fashion and textile industry.
The market report finds that the COVID-19 pandemic hampered the regenerated cellulose market, owing to the disruption of the supply chain. Transportation delays and the shortage of labor affect several end-user industries, which hampers the demand for the market. However, in the medical sector, the increasing demand for masks, paper towels, wipes, and other medical equipment is expected to boost the regenerated cellulose market.
Regenerated Cellulose Market Dynamics
Major Drivers
High demand for eco-friendly fabrics in emerging countries is expected to drive the regenerated cellulose market. In emerging economies such as India, China, and others, there is an increasing demand for eco-friendly fabrics. Regenerated cellulose is an eco-friendly alternative to cellulose fibers such as viscose.
During the production process, these fibers help to reduce greenhouse gas emissions and other harmful pollutions. It is highly used in the textile and apparel industries owing to its excellent breathability, good absorbency, smoothness, lustrous, silky, and other good mechanical properties, which increases the demand for the market.
Existing Restraints
High cost of fiber and shortage of cellulose raw materials in the manufacturing process are expected to hamper the regenerated cellulose market. Shortage of raw materials such as wood owing to the scarcity of freshwater resources and forest degradation worldwide hinders the market and results to the high cost of fibers. In addition, problems in supplier capacity, sudden increases in raw materials, commodity scarcity, and environmental concerns are restraining the market.
Emerging Opportunities
Increasing demand for hygienic personal care products is expected to create lucrative opportunities for the market players. Regenerated cellulose fibers are used in sanitary pads and diapers due to their flexibility, absorbency, and other factors. It quickly absorbs and transfers urine to the polyacrylate superabsorbent material. Several companies are focusing on developing new products, which increases the demand for the regenerated cellulose market. For instance,
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In October 2021, Renewcell partnered with Kelheim Fibers a leading producer of specialty viscose fibers to launch a European closed loop for fashion. This partnership is focused on evolving commercial scale production of viscose fibers of superior quality from up to 10000 tons of Renewcell’s 100% Circulose textile recycled material every year.
Scope of Regenerated Cellulose Market Report
The market report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Regenerated Cellulose Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Type (Fibers [Lyocell, Viscose, Modal, and Others] and Films), Source (Non-wood Pulp, Wood Pulp, Bamboo, and Others), Manufacturing Process (Cuprammonium, Acetate, Viscose, and N-Methylmorpholine N-Oxide), and End-user (Automotive, Pharmaceuticals, Fabric, Agriculture, Packaging, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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Ningbo Tianan Biomaterials Co., Ltd.; NatureWorks LLC; LENZING AG; International Paper; Crown Aesthetics; Grasim Industries Limited; Georgia-Pacific; Fulida Group Holding Co., Ltd; Eastman Chemical Company; Danimer Scientific; and Asahi Kasei Corporation
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Regenerated Cellulose Market Segment Insights
Type Segment Analysis
Based on type, the regenerated cellulose market is bifurcated into fibers and films. The fibers segment is further segmented into lyocell, viscose, modal, and others. The fibers segment is expected to expand at a significant pace during the projection period, due to the high demand for environment-friendly products.
Lyocell fibers are produced from the reaction between cellulose and chlorine or bromine. It is used in the industrial sector owing to its smoothness and good wet strength. It is made by regenerating cellulose in an organic solvent, N-Methylmorpholine-N-oxide hydrate, which is biodegradable and nontoxic, and is completely recycled.
Source Segment Analysis
In terms of source, the global market is segregated into non-wood pulp, wood pulp, bamboo, and others. The wood pulp segment is projected to register a considerable CAGR during the forecast period, owing to lower chemical usage, purity & consistency, eco-friendly, and energy-efficient quality. Regenerated cellulose is extracted from wood pulp and it is used in various applications particularly where high wet tenacity, tensile strength, abrasion, and tremendous absorbing capacity are required. They are widely used in various applications such as in the making of farming ropes, tire codes, and others, with the help of properties.
Manufacturing Process Segment Analysis
On the basis of manufacturing process, the regenerated cellulose market is segmented into cuprammonium, acetate, viscose, and N-Methylmorpholine N-oxide. The viscose segment is expected to register a robust growth rate during the forecast period, as it is highly hydrophilic natural polymer with low viscosity and have high surface area. The manufacturing process of viscose involves dissolving the wood into a pulp solution and then cleaning, washing, and bleaching. This solution is then treated to create fibers and then the fibers are treated to form regenerated cellulose which is turned into fibers to make textiles.
End-user Segment Analysis
Based on end-user, the global market is divided into automotive, pharmaceuticals, fabric, agriculture, packaging, and others. The fabric segment is anticipated to hold a key share of the market in the coming years, due to the increasing demand for eco-friendly fabric that is comfortable for the skin. It is used in a variety of fabrics such as innerwear, fashionable dresses, rugs, bedding, ethnic wear, and others. Fabric provides various characteristics such as softness, absorbency, comfort, luster, and others, which propels the demand of the segment in the market.
Regional Analysis
In terms of region, the global generated cellulose market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Aisa Pacific is expected to dominate the market during the projection period, due to the increasing demand for woven fabrics and rising awareness regarding disposable income and sustainability products. The regional market growth is further attributed to the high usage of eco-friendly raw materials such as automotive, fabric, and packaging industries.
The market in North America is anticipated to expand at a rapid pace in the coming years, owing to the adaptability of cellulose products. In the region, the high demand for sports textiles results in the requirement for new products in the market is expected to rise. The regional market is further attributed to the increasing research & development activities for developing innovative technologies for the market.
Segments
The global regenerated cellulose market has been segmented on the basis of
Type
- Fibers
- Lyocell
- Viscose
- Modal
- Others
- Films
Source
- Non-wood Pulp
- Wood Pulp
- Bamboo
- Others
Manufacturing Process
- Cuprammonium
- Acetate
- Viscose
- N-methylmorpholine N-Oxide
End-user
- Automotive
- Pharmaceuticals
- Fabric
- Agriculture
- Packaging
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
Key players competing in the global regenerated cellulose market are Ningbo Tianan Biomaterials Co., Ltd.; NatureWorks LLC; LENZING AG; International Paper; Crown Aesthetics; Grasim Industries Limited; Georgia-Pacific; Fulida Group Holding Co., Ltd; Eastman Chemical Company; Danimer Scientific; and Asahi Kasei Corporation.
These key players adopt various strategies including mergers, acquisitions, collaboration, partnerships, product launches, and production expansion to expand their consumer base globally.
- In February 2023, Crown Aesthetics launched its new SkinPen Premium Biocellulose Masque for post-treatment skin smoothing. It is designed to soothe the skin fast and it is suitable for all skin types and tones.
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