Regenerated Cellulose Market – Business Opportunities and Global Forecast to 2027
According to MarketsandMarkets, the global Regenerated Cellulose Market is projected to be worth USD 18,039.9 million in 2022, growing at a CAGR of 8.7% between 2022 and 2027. The regenerated cellulose market is driven by the growing population, changing lifestyle, increasing disposable income, rapid urbanization, and a growing manufacturing industry, coupled with stringent regulations regarding the use of sustainable raw materials to develop high-quality products.
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Browse 483 market data Tables and 48 Figures spread through 308 Pages and in-depth TOC on "Regenerated Cellulose Market”
Regenerated cellulose products (fibers and films) are the result of the dissolution-regeneration process risen from solvent and anti-solvent reagents, respectively. The celluloses are derived from the wood pulps of several trees, such as oak, birch, beech, eucalyptus, bamboo, and aspen. The properties of regenerated cellulose depend on the type of dissolving pulp and the production processes implemented.
Man-made cellulosic fibers (MMCFs), help stabilize the Earth’s climate by reducing CO2 emissions during product manufacturing. According to the Preferred Fiber & Materials market report by TextileExchange, 2021, cellulose fibers are among the majorly used fibers in the MMCFs category, with a 6% share of recycled MMCFs in 2020. The demand for cellulosic fibers is driven majorly by factors such as lesser amount of pollutants or greenhouse gases (GHGs) produced during the manufacturing processes of fabric in comparison with synthetic fibers. Viscose is the most important fiber type constituting nearly 79% of the share of all artificial cellulose fibers used in the textile industry, followed by lyocell with a market share of 4%.
Wood pulp dominated the regenerated cellulose market accounting for over 75% of the sales revenue. Factors such as better mechanical properties such as higher tensile strength, abrasion resistance, and absorbing capacity are responsible for high sales of wood pulp based regenerated cellulose fibers.
KEY REGENERATED CELLULOSE PRODUCTS AND APPLICATIONS
The regenerated cellulose syringe filters manufactured by thermofisher scientific that can be used in nonspecific low binding applications and for filtration applications such as tissue culture media and general biological filtration is one of the novel uses cases of the product.
Regenerated Cellulose membranes produced by GVS S.p.A., are hydrophilic membrane solutions that can find use in clarification, ultra-cleaning and de-gassing solvents and mobile phases for HPLC, and filtration of aqueous and organic solvents
The products such as Pahacel Absorbable Hemostat, manufactured by Cormedica can be used in the surgical procedures to help in venous, arterial hemorrhage specially when the conventional methods are not effective
In 2020, Sateri launched launched a new cellulosic fiber product that can be used in textile fabrics and non-woven fabrics such as facial masks, wet wipes, and other hygiene related products
The market for regenerated cellulose is expected to rise in the wake of increased environmental concerns. Manufacturers are expected to launch new products over the next 4 to 5 years which is expected to provide impetus to the market growth.
Regenerated Cellulose comprises major manufacturers such as Sateri (China), Lenzing AG (Austria), Grasim Industries Limited (India), Kelheim Fibres GmbH (Germany), Fulida Group (China), and Eastman Chemical Company (US) are the key players operating in the Regenerated Cellulose Market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Regenerated Cellulose Market.
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