The global cellulose fiber market is projected to grow significantly on account of increasing demand from major end uses such as textile, apparel, and sports. Additionally, growing use of cellulose fiber on the backdrop of growing environmental concerns regarding pollution caused by synthetic fiber and textile industry. Increasing awareness about the benefits of natural fiber on the human health as well as on the environment, rising standard of living, growing population are some of the prominent factors driving growth of the market. Additionally, cellulose fiber industry growth typically follows the growth of these key end markets.

Acknowledging the exponential traction, this market perceives today, Market Research Future (MRFR) in its recently published study report asserts that the global cellulose fiber market will reach USD 37,284 MN by 2023, registering a phenomenal CAGR over the forecast period (2017-2023).

Major Competitors:

• Lenzing AG,
• Grasim Industries Limited,
• Sateri Holdings Limited,
• Kelheim Fibres,
• Tangshan Sanyou Xingda Chemical Fiber Co., Ltd,
• International paper,
• Eastman Chemical Company

Browse Full Report @ https://www.marketresearchfuture.com/reports/cellulose-fiber-market-2903 

Market Segments:

By Type : Natural and Synthetic

By Application: Apparels, Domestic Textile, and Industrial Textile among others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World]

Table of Content:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

For Further Details, Click Here @ https://www.marketwatch.com/press-release/cellulose-fiber-market-shares-2019-focuses-on-top-companies-global-industry-analysis-recent-trends-and-regional-growth-forecast-2023-2019-01-02 

Geographical Analysis:

The Asia Pacific region, heading with the new applications of cellulose fibers such as in the automotive plastic, dominates the cellulose fibers market, globally. With the ample availability of natural resources and cost-competitive raw materials and workforce, the Asia Pacific region attracts foreign investors encouraging them to shift their production bases to the emerging countries such as India and China.

Owing to the dynamic sale in apparels led by the exponentially growing online fashion market in the region, the APAC cellulose fibers market is expected to reach USD 13,553 MN by 2023. China, heading with its large textile production accounts for the largest market for cellulose fibers in the region which is projected to grow at the highest CAGR of 5.98% during the forecast period. Whereas, Japan is projected to grow at a CAGR of 5.15% during 2017-2023. Besides, countries such as Taiwan, South Korea, and India are the dominant forces contributing to the regional market, supporting it to hold the leading position.

North America’s cellulose fibers market led by the huge consumption of the product in the region, closely follows the APAC market. The European market for cellulose fibers accounts for the third largest market owing to the growing applications of these fibers.

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