Wood-based Fibers Market Insights By Growth, Research Methodology, Emerging Trends and Forecast

SDKI Inc. published a new report on the wood fiber market. This study includes the statistical and analytical approaches needed to grow the wood fiber market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-114014

The wood fiber market is expected to register a CAGR of 6% globally during the forecast period.

Increasing demand from the textile industry is expected to drive market growth. Recently, interest in wood-based cellulose fibers has increased significantly due to their sustainability properties. These fibers are made from natural high molecular weight cellulose extracted from plant-derived ingredients. The polymer is then further molded into the fiber using a variety of techniques (viscose, modal, lyocell, etc.) that have the same chemical structure as natural fibers such as cotton and wool. Each type of fiber has its own unique characteristics and is highly regarded in the textile industry and will be widely favored by the textile industry in the coming years. Therefore, the rise of the textile industry in some countries is expected to drive the growth of the wood fiber market. However, the availability of alternatives such as synthetics, cotton and wool can hinder market growth.

Market segment

The wood fiber market is divided by type (viscose, modal, lyocell, cupra, etc.), application (apparel textiles, healthcare (including personal care), automobiles / transportation, etc.), and by region. .. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Area overview

The Asia-Pacific region is expected to dominate the wood fiber market due to rising demand from countries such as China and India. According to the National Development and Reform Commission, China's textile industry has achieved steady development in the first 11 months of 2019. Domestic retail sales of apparel and knitwear in 2019 were 1.2 trillion yuan (US $ 172.4 trillion), up 3% from 2018. India's textile industry is also very diverse, with hand-spun, hand-woven textile and knitting sectors. According to statistics provided by the Indian Brand Equity Foundation (IBEF), the valuation of the Indian textile industry in 2019 was US $ 250 billion. In addition, the textile industry plays an important role in Japan's national economy. Due to the increasing demand for Japanese products, the manufacturing industry is growing domestically. In addition, the adoption of the latest technology has increased the demand for Japanese textiles. These factors are expected to drive market growth in the region.

These regional segments are North America (US and Canada); Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, and other Asia Pacific); Latin America (Brazil, Mexico, Argentina, and other Latin). USA); Middle East and Africa (Israel, GCC [Saudi Arabia, Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa) and Europe (UK, Germany, France, Italy, Spain) , Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe) and more.

Major key players on the market

Key players in the wood fiber market include Lenzing, Sappi, Bracell, Grasim Industries Limited (Aditya Birla Group), Aoyang Technology and Rayonier Advanced Materials. The survey includes a detailed competitive analysis of these key companies in the wood fiber market, corporate profiles, recent developments, and key market strategies.

Details of the survey report
https://www.sdki.jp/reports/wood-based-fibers-market/114014

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This release was published on openPR.