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Why Cellulose Market Trending in 2020? Know The Forecast Research till 2026

February 19, 2020 | About:

Cellulose Market Size, Share & Industry Analysis, By Derivative Type (Commodity Cellulose Pulp, Cellulose Fibers, Cellulose Ethers, Cellulose Esters, Microcrystalline Cellulose, Nano-cellulose, and Others), By End-Use Industry (Textile, Food, Chemical Synthesis, Pharmaceuticals, Construction, Paper & Pulp, Paints & Coatings, and Others), and Regional Forecast, 2019-2026," the market was worth USD 219.53 billion in 2018 and will exhibit a CAGR of 4.2% during the forecast period, 2019-2026

The globalCellulose Marketsize is projected to reachUSD 305.08 billionby the end of 2026. Driven by applications across diverse industries, the market will exhibit considerable growth in the coming years. According to a report published by Fortune Business Insights, titled"Cellulose Market Size, Share and Industry Analysis, By Derivative Type (Commodity Cellulose Pulp, Cellulose Fibers, Cellulose Ethers, Cellulose Esters, Microcrystalline Cellulose, Nano-cellulose, and Others), By End-Use Industry (Textile, Food, Chemical Synthesis, Pharmaceuticals, Construction, Paper and Pulp, Paints and Coatings, and Others), and Regional Forecast, 2019-2026,"the market was worthUSD 219.53 billionin 2018 and will exhibit a CAGR of 4.2% during the forecast period, 2019-2026.

Cellulose is a pulp that is derived from plant sources. The substance possesses exceptional properties such as its hydrophile nature, good mechanical performance, and hygroscopic nature. These properties have led to applications across diverse industries, including chemical, textile, and food and beverages. Recent advancements in fabrication technologies have opened up a huge potential for the growth of the companies operating in this market. The shift of preference from petroleum-based products to sustainable resources will contribute to the growing demand for cellulose across the world. Moreover, availability of cellulose-originating products will lead to a wider product adoption, subsequently aiding the growth of the Cellulose Market in the coming years.

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List of the leading companies that are operating in the global Cellulose Market are:

  • Daicel Corporation
  • Sigma Aldrich
  • DuPont De Nemours Company
  • Akzo Nobel
  • Ashland inc.
  • Celanese Corporation
  • International Paper
  • Fulida Group Holding Co., Ltd.
  • Nylstar S.L.
  • FiberVisions Corporation
  • Invista
  • Bracell
  • Sigachi Industries Pvt. Ltd.
  • FMC Biopolymer
  • Eastman Chemical Company
  • Rayonier Inc.
  • Lenzing AG

The report provides an in-depth analysis of the global cellulose industry. It highlights the latest product launches and labels major innovations in the market. In addition to this, it states the impact of these products on the growth of the market. The competitive landscape has been discussed in detail and predictions are made with respect to leading companies and products in the coming years. Forecast values have been provided for the market for the period of 2019-2026. The factual figures have been obtained through trusted sources. Moreover, these predictions are made on the basis of extensive research analysis methods, coupled with the opinions of experienced market research professionals.

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Increasing Number of Company Collaborations to Aid Growth

The report encompasses several factors that have constituted an increase in the Cellulose Market size in recent years. It has been observed that company collaborations are a growing trend among major companies across the world. InJanuary 2020, The Anhui Guozhen Group announced that it has initiated a joint venture with Chemtex. The company plans to establish a large scale commercial plant inChinafor the production of cellulosic ethanol. The ethanol production will be centred around residues that are normally obtained from the agriculture industry. The plant will have an annual production capacity of 50 KT. Such a huge venture will not only benefit the country but will also have a direct impact on the growth of the overall Cellulose Market in the coming years.

Asia Pacific Accounts for a Dominating Market Share; Increasing Product Demand Across Diverse Industries to Aid Growth

The market is segmented on the basis of regional demographics intoNorth America,Latin America,Europe,Asia Pacific, and theMiddle EastandAfrica. Among these regions,Asia Pacificcurrently accounts for the highest Cellulose Market share. The widespread product applications across diverse industries, and the subsequent rise in the demand for these products will have a direct impact on the growth of the market in this region. BesidesAsia Pacific, the market inNorth Americawill witness considerable growth in the coming years. As of 2018, the market inNorth Americawas worthUSD 63.46 billionand this value is projected to rise further in the coming years, driven by product uses in the paper industry.

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Detailed Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Key Emerging Trends For Major Countries
    • Key Developments: Mergers, Acquisition, Partnership, etc.
    • Latest Technological Advancement
    • Insights on Regulatory Scenario
    • Porters Five Forces Analysis
  • Global Cellulose Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast By Derivative Type
      • Commodity Cellulose Pulp
      • Cellulose Fibers
      • Cellulose Ethers
      • Cellulose Esters
      • Microcrystalline Cellulose
      • Nanocellulose
      • Others
    • Market Analysis, Insights and Forecast By End-Use Industry
      • Textiles
      • Food
      • Chemical Synthesis
      • Pharmaceuticals
      • Construction
      • Paper and Pulp
      • Paints and Coatings
      • Others
    • Market Analysis, Insights and Forecast By Region
      • North America
      • Europe
      • Asiapacific
      • South America
      • Middle EastandAfrica

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Noteworthy Industry Developments:

May 2019: Bracell initiated 'Project Star', a step taken to increase its annual production capacity. The project will increase the production capacity of Bracell's pulp mill from 250 KT to 1500 KT till the end of 2021.

Have a Look at Related Market Insights:

Cellulose Market Size

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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