Dublin, Feb. 13, 2023 (GLOBE NEWSWIRE) -- The "Cellulosic Man-Made Fibers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Cellulosic Man-Made Fibers Market to Reach $27.9 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Cellulosic Man-Made Fibers estimated at US$20 Billion in the year 2022, is projected to reach a revised size of US$27.9 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030. Clothing, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$17 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fabrics segment is readjusted to a revised 5.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $5.8 Billion, While China is Forecast to Grow at 4.1% CAGR
The Cellulosic Man-Made Fibers market in the U.S. is estimated at US$5.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2030 trailing a CAGR of 4.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.
Select Competitors (Total 52 Featured) -
- Aditya Birla Group
- Baoding Swan Fiber Co. Ltd.
- Celanese Corporation
- Century Rayon Limited
- Daicel Corporation
- Eastman Chemical Company
- Formosa Chemicals & Fiber Corporation
- Glanzstoff Industries
- Grasim Industries Limited
- Indorama Ventures Public Company Limited
- International Paper
- Jiangsu Aoyang Technology Co. Ltd.
- Kelheim Fibres GmbH
- Lenzing AG
- Mitsubishi Chemical Corporation
- NRC Limited
- PT. South Pacific Viscose
- Smartfiber AG
- Tangshan Sanyou Xingda Chemical Fiber Co. Ltd.
- Thai Rayon Public Co. Ltd.
- Toray Industries Inc.
- Xinxiang Bailu Chemical Fiber Co. Ltd.
- Zhejiang Fulida Co. Ltd.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Looking Ahead to 2023
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.
| Report Attribute | Details |
| No. of Pages | 278 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $20 Billion |
| Forecasted Market Value (USD) by 2030 | $27.9 Billion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Cellulosic Man-Made Fibers: An Introductory Prelude
- Recent Market Activity
- Future Prospects Remain Favorable for Man-Made Cellulosics
- Growing Importance of Man-Made Fibers in Textile & Technical Applications: Cornerstone for Present & Future Growth of the Market
- Scarcity & Volatility of Natural Cellulose Fibers Production Gives Way to Man-Made Cellulosics
- Asia-Pacific: The Dominant Force in the World Man-Made Cellulosics Market
- China Evolves into Most Important Regional Market
- Momentum in Developed Regions Remains Sluggish yet Positive
- Cellulosic Man-Made Fibers - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rayon Enjoys Widespread Application
- Viscose Rayon - The Leading Category
- Escalating Demand for Lyocell Rayon
- Product Innovations & Advancements Aid Cellulosics Market Growth
- Textiles: The Primary Application Area for Cellulose Fibers
- Textile Fibers: An Overview
- Growing Demand for Clothing & Fabrics Underpins Volume Expansion in Man-Made Cellulosics
- Cellulose Acetate Remains the Preferred Material for Cigarette Filter Tow
- Separation & Filtration Membranes: A Niche Application for Cellulose Acetate
- Novel Opportunities in Bioplastics Domain
- Favorable Macro Factors Induce Positive Momentum
- Positive GDP Forecasts
- Ballooning Global Population & Parallel Increase in Urban and Middle Class Demographics
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/mo5daa
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