Regenerated Cellulose Industry 2024 World Market Outlook & Forecast up to 2027
Regenerated Cellulose Industry 2024 World Market Outlook & Forecast up to 2027

Regenerated Cellulose Industry 2024 World Market Outlook & Forecast up to 2027

Regenerated Cellulose Market Industry Leaders

The Regenerated Cellulose market size is estimated to be USD 18.0 Billion in 2022 and is projected to reach USD 27.3 Billion by 2027, at a CAGR of 8.7%.

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Browse 483 market data Tables and 48 Figures spread through 308 Pages and in-depth TOC on "Regenerated Cellulose Market by Type (Fibers (Viscose, Lyocell, Modal), Films), Manufacturing Process, Source, End-user Industry (Fabrics, Automotive, Agriculture, Packaging) and Region (North America, Europe, APAC, Rest of the World) - Forecast"
Regenerated Cellulose Market Industry

Recent Developments in Regenerated Cellulose Market Industry

  1. In March 2022, an agreement was signed between Grasim Industries Limited Swedish textile-to-textile recycling innovator (Renewcell) for providing high-quality LIVA REVIVA fibers.
  2. In March 2022, the world’s largest lyocell production plant was opened up by Lenzing AG in Thailand. The production capacity of this plant is 100,000 tons.
  3. In May 2022, a Belgium-based company i.e., UTEXBEL collaborated with Lenzing AG for producing uniforms for security personnel of the Belgian Federal Public Service for Justice (FPS Justice).
  4. In January 2022, GP Cellulose, LLC., invested USD 80 Million to expand its fluff pulp production capacity.
  5. In March 2021, Eastman Chemical Company planned to increase the production capacity of NAIA filament yarn by more than 50% by 2022.
  6. In October 2021, Kelheim Fibres GmbH collaborated with Renewcell to produce superior quality viscose fibers.
  7. In November 2021, Grasim Industries Limited expanded its viscose production capacity by 300 tons per day.
  8. In February 2021, Lenzing AG introduced new zero-carbon lyocell fibers namely TENCEL and TENCEL REFIBRA, under the brand name of TENCEL.
  9. In March 2021, Sateri has planned to expand the production capacity by 500,000 tons by 2025.
  10. In February 2021, Sateri launched its recycled fiber namely FINEX.
  11. In July 2021, Sateri collaborated with Infinited Fiber Company, to scale up the next-generation fiber technology.

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Regenerated cellulose is a class of materials produced by converting natural cellulose to a soluble cellulosic derivative and subsequent regeneration, typically forming a fiber (e.g., rayon) or a film (e.g., cellophane). Regenerated Cellulose is usually colourless, non-toxic, and has a lower molecular weight than natural cellulose.

Regenerated cellulose fibers can be used across various applications, including tire cords, automobile filters, bioplastic films, hygienic and personal care products, abrasives, clothing, and Farming ropes. It is mainly used in the clothing industry in the form of fibers because of its favourable properties, such as absorbency, softness, biodegradability, eco-friendliness, cost-efficiency, smooth surface, breathability, and comfort.

The demand for Regenerated Cellulose is mainly furnished by global players manufacturing for various end-use industries. Some of the leading companies involved in the manufacturing of Regenerated Cellulose are Sateri (China), Sateri, Lenzing AG (Austria), Grasim Industries Limited (India), Kelheim Fibres GmbH (Germany), Fulida Group (China), and Eastman Chemical Company (US). These companies, along with other regional companies, cater to the demand for Regenerated cellulose globally.

Sateri (China) is the manufacturer of high-quality fibers, such as viscose fibers, Lyocell fibers, recycled fibers, non-woven fabrics, and yarns. The company has 6 manufacturing units, it produces 1.8 million tons of cellulosic fibers. The company offers fibers that can be used in various end-use industries fabrics industries, automotive industries, agricultural industries, and others. These cellulosic fibers can be used to produce, a wide variety of apparel such as blouses, dresses, innerwear, outerwear, etc. The company has its footprint located across Asia, Europe, and the Americas regions.

Lenzing Group AG (Austria) is a manufacturer and distributor of cellulosic fibers to textile and non-woven industries, the packaging industry, the automotive industry, and others. The company operates in three major segments Pulp division, Fiber Division, and others. The product portfolio of this company consists of various products such as Viscose, Lyocell, Modal, and other filament yarns. Lenzing AG has eight production sites and ten planning and sales offices across the globe. The company supplies its products under various trade names such as VEOCEL (lyocell), TENCEL (lyocell and modal), and LENZING (viscose).

Grasim Industries Limited (India) a chief company of Aditya Birla Group, is the producer of textiles, chemicals, and other products. There are four working segments of this company which include Viscose, Chemicals, Cement, and Financial Services. The company produces Regenerated cellulosic fibers under its Viscose staple fiber division. The total production units of viscose fibers are four while producing the viscose filament yarns, have two production units.

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Other Companies have initiated the Following Developments:

  1. In February 2021, Sateri has launched its new product FINEX, which is made using recycling fibers up to 20%. Moreover, In March 2021, Sateri plans to expand the production capacity of Lyocell Fibers in China, with a total planned annual capacity of 500,000 tons by 2025.
  2. In February 2021, Lenzing AG introduce zero carbon-based TENCEL-branded lyocell fibers for making the textile industry decarbonized. In May 2022, Lenzing AG collaborated with a Belgium-based company i.e. UTEXBEL, which is a vertically integrated textile group and leader in producing protective wear and workwear fabrics for providing uniforms to security personnel of the Belgian Federal Public Service for Justice (FPS Justice). These uniforms are made up form TENCEL-branded fibers with REFIBRA technology and recycled polyester
  3. In March 2022, Lenzing AG opened the world’s biggest lyocell manufacturing plant in Thailand having a production capacity of 100,000 tons.
  4. In March 2022, Grasim Industries Limited, signed an agreement with a Swedish textile-to-textile recycling innovator (Renewcell) to supply high-quality Liva Reviva fibers which are produced from Circulose.

Regenerated Cellulose Market Industry New Revenue Pockets

The Regenerated Cellulose market size is estimated to be USD 18.0 Billion in 2022 and is projected to reach USD 27.3 Billion by 2027, at a CAGR of 8.7%. Regenerated cellulose is a class of materials that are produced from natural cellulose, that are used across a wide range of applications and products. Regenerated Cellulose is usually colourless, non-toxic, and has a lower molecular weight than natural cellulose.

The Regenerated Cellulose Market has been segmented based on its type i.e. fibers and films. The fibers are further segmented into various kinds of fibers such as viscose, modal, lyocell, and others. All these fibers are produced from natural cellulose, which undergoes into different chemical processes. Due to some properties such as being soft in nature, lustrous, and biodegradable, having high heat resistance, softness, lustre, and excellent absorbency, these fibers are used in various industries. The end-user industries where it is used are the Fabric industry, automotive industry, agriculture industry, packaging industry, and others. In the fabric Industry, these fibers are used to produce various kinds of ethnic dresses, blouses, bras, carpets, curtains, beddings, towels, various hygienic products, and many more. In the packaging industry, Regenerated cellulosic films are used for packing various eatables items.

The Regenerated cellulose market has been segmented based on the source from which it is produced. Based on source, the regenerated cellulose market can be classified into wood pulp, non-wood pulp, recycled, or de-inked pulp. As Regenerated cellulose is derived from natural cellulose therefore, regenerated cellulose is more eco-friendly than other conventional fibers. For the production of regenerated cellulose, natural cellulose is required, which can be derived from wood pulp. These wood pulp can be made from various kinds of trees such as bamboo, Beachwood, oak, eucalyptus, and others. Regenerated cellulose can also be made out of the non-wooden pulp, which can be derived mainly from cotton. Moreover, recycled sourced regenerated cellulose can be from recycled content which can be mixed with the dissolving pulp solution. With this recycling technique, the over-dependency on plant-based natural cellulose can be reduced.

The Regenerated Cellulose Market can be segmented based on manufacturing techniques. These production techniques are Viscose, Cuprammonium, N-Methyl-Morpholine-N-Oxide (NMMO), and others. In the Viscose production technique, regenerated cellulose fibers can be made out of the natural cellulose which undergoes several chemical processes under controlled various parameters, such as concentration, viscosity, pressure, temperatures, and others. These fibers can be used in making dresses, innerwear, outerwear, curtains, carpets, towels, bedding, diapers, wet wipes, tire cords, and many more. In the Cuprammonium method, fibers are made through natural cellulose which is further treated with some chemicals under controlled various parameters like temperatures, pressures, etc. However, burning these fibers leave copper as residual ash, which may affect the environment severely; therefore, manufacturers of regenerated cellulosic fibers do not prefer the cuprammonium production process. In N-Methyl-Morpholine-N-Oxide (NMMO) production method, natural cellulose is recovered from hardwood trees such as oak and birch, which can be further treated with chemicals that may not very harmful as others, hence this process is sometimes called the eco-friendly process. There are other methods in which acetate fibers can be produced which are made mainly from cotton-based natural cellulose.

The Regenerated cellulose market is segmented based on end-use applications. The regenerated cellulose can be used in various end-use industries such as the fabric industry, automotive industry, agriculture industry, packaging industry, and others. In the fabric industry, it is used in making various kinds of dresses, blouses, inner wears, outerwear, bedding, curtains, rugs, draperies, and many others. In the automotive industry, it is used in making tire cords, and filters. However, in the agricultural industry, it is used in making farming ropes and twines. In the packaging industry, it is used in two ways which include in making bags for vegetables, groceries, coffee, tea, cheese products, chocolates, and other eatables products, and cellulose-based casings that are used to cover food products such as hot dogs and various types of sausages. Similarly, regenerated celluloses are used in tapes, labels, and foils. In other industries, regenerated cellulose finds applications include cigarettes, displays, adhesives and sealants, and coating. Cigarette filters are one of the major applications of cellulose acetate.

The Regenerated Cellulose Market is studied for four regions, namely, North America, Asia Pacific, Europe, and the Rest of the World (ROW). The Asia Pacific is the fastest-growing market and the largest consumer of regenerated cellulose globally. The growth is led by rapid urbanization and increasing demand for regenerated cellulosic fiber from various industries, including, fabrics, agriculture, automotive, and packaging. The automotive industry and the fabric industry are the biggest consumers of regenerated cellulose. The second-largest regenerated cellulose market globally is present in North America. The fabrics and automotive industries in North America are the major end-users of regenerated celluloses. Europe is the 3rd largest consumer of regenerated cellulose in the world. In Europe, the largest end-user industry is the Fabric industry. In the Rest of the world, due to rapid industrialization, increasing investment in the fabrics industry mainly drives the market for regenerated cellulose.

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