2024 Regenerated Cellulose Market Report : Market Size, Growth Drivers, And Key Trends | Natureworks LLC, Bio-On SRL, BASE SE, Tianan Plantic Technologies Limited, Asahi Kasei Corporation

"The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Regenerated Cellulose Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:
The regenerated cellulose market size has grown strongly in recent years. It will grow from $14.86 billion in 2023 to $16.3 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to demand for sustainable fibers, shift from synthetic to natural fibers, fashion and textile industry trends, market acceptance, rising demand in various applications..

The regenerated cellulose market size is expected to see strong growth in the next few years. It will grow to $23.15 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to sustainability focus, stringent environmental regulations, consumer preferences for green products, circular economy initiatives, evolving textile industry trends.. Major trends in the forecast period include waste reduction initiatives, material innovation collaborations, corporate sustainability goals, innovative applications, consumer awareness..

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Key Market Players:
Major companies operating in the regenerated cellulose market report are Natureworks LLC, Bio-On SRL, BASE SE, Tianan Plantic Technologies Limited, Asahi Kasei Corporation, CFF GmbH & Co. K.G., Grasim Industries Limited, Kelheim Fibres GmbH, lenzing AG, Corbion NV, Danimer Scientific, Yield10 Bioscience Inc., International Paper, GP cellulose LLC, Sateri, Fulida Group, Eastman Chemical Company, Synthesia, Futamura Group, AMS Group plc, Shandong Henglian New Materials, Zhejiang Kerui, Cobetter, EMD Millipore, Parkson Corporation, Hiller Separation & Process, Rotex Automation, IFS Industriefabrik Schneider GmbH, Kaisha Russell Finex, Forsberg's Inc., Schlumberger Asia Services Limited, SWECO

Market Drivers:
Increasing global demand for eco-friendly textiles is expected to propel the growth of the regenerated cellulose market going forward. The eco-friendly textile is made from fabrics that are produced in an environmentally friendly manner, without the use of chemicals and pesticides during the growing process. Regenerated cellulose is a type of material created by converting natural cellulose to a soluble cellulosic derivative and then regenerating it to form either a fiber or a film. For instance, in July 2023, according to TheRoundup, a US-based website committed to increasing environmental awareness and sustainability in our daily lives, the global yearly sales of eco-friendly clothes will increase by $1,574.2 million by 2025. Therefore, the increasing global demand for eco-friendly textiles is driving the growth of the regenerated cellulose market.

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The regenerated cellulose market covered in this report is segmented -
1) By Type: Fiber, Film
2) By Manufacturing Source: Viscose, Cuprammonium, N-ethyl-Morpholine-N-Oxide (NMMO)
3) By End Use Industry: Fabric, Automotive, Agriculture, Packaging, Other End Use Industries

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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