The Cellulose Market is estimated at USD 220.7 billion in 2022. Further, the market is expected to grow from USD 226.7 billion in 2023 to USD 291 billion in 2030 at a CAGR of 3.63%.
Cellulose Market Market Overview
Cellulose ((C6H10O5)n) is an odorless organic compound and is a complex carbohydrate consisting of high glucose molecules linked together to form a chain. Cellulose shows good chemical stability, biocompatibility, mechanical properties, and hydrophilic and biodegradation properties. Many structural & physical properties of cellulose depend upon the degree of polymerization or chain length and have drawn significant attention for different applications.
Cellulose is used mainly in the paper production textile industry as drug fillers, food thickeners, emulsifiers, and stabilizers. In addition, it is also used as a building material, electrical insulator and in everyday household materials, such as coffee filters, sponges, glues, eye drops, laxatives, and films. Cellulose is a natural bio-polymer found in plant cell walls.
The cellulose extracted from trees or other plants offers the basic raw material for all of the commercial products produced by the diverse cellulose manufacturing industry. Some cellulose derivatives include celluloid, cellophane, rayon, cellulose acetate, cellulose triacetate, nitrocellulose, cellulose esters, cellulose ethers, microcrystalline cellulose, methylcellulose, cellulose sulfate, ethulose, ethyl hydroxyethyl cellulose, hydroxypropyl methylcellulose, carboxymethyl cellulose, cellulose ethanol, and others
Latest Trends in the Cellulose Market
RISING DEMAND FOR CELLULOSE IN DIFFERENT END-USER INDUSTRIES:
Cellulose-based products have diverse applications in the pharmaceutical industry, including thermo-reversible and tenable hydrogels, paper production, coating additives, flexible screens, food packaging, automobile windows, optically transparent films, and lightweight materials for ballistic protection, and others. By geography, North America, Europe and Asia are expected to be key markets. With environmental issues and the circular economy gaining much attention, significant efforts are being made toward innovative applications employing natural fibers.
Cellulose-based materials are commonly used in packaging as wrapping materials, primary and secondary packages, containers, and in flexible and rigid packaging. Cellulose in packaging provides advantages, including being lightweight, economical, biodegradable, and sustainable. Natural cellulose (such as cotton linter and wood pulp) produces cellulose acetate plastics, making the sheets gentle on the skin and less allergenic. Despite cellulose having great potential for applications in various fields, the extensive use of cellulose has been mainly limited to industrial use, with less early interest in the biomedical field. Cellulose derivatives are extensively used to thicken pharmaceutical solutions and disperse systems such as emulsions and suspensions. In addition, these polymers can increase the viscosity of non-aqueous pharmaceutical solutions, like organic-based coating solutions.
Driving Factors
HIGH DEMAND FOR CELLULOSE IN THE GROWING TEXTILE INDUSTRY:
The global textile industry is estimated to show tremendous growth due to changing fashion trends, driving market growth during the forecast period. There is a growing environmental awareness and social concern regarding the textile industry's environmental impact, with the rising need for developing green and sustainable approaches throughout this industry's supply chain. Cellulose-based textiles have carved a niche in the fashion world due to their superior quality and distinctive features. Cellulose presents unique structural characteristics, being the most important and available renewable resource for textiles. As of today, the physical and chemical modification reactions yielding fibers are of high commercial importance. Technological advancements allow the production of filaments with the strongest tensile performance without dissolution or other harmful and complex chemical processes.
The need to create sustainable fabrics involving cellulose fibers created with ionic liquid arose as the demand for textile fibers is predicted to reach 133.5 meters by 2030. These new fibers have retained all the properties of the other cellulosic fibers like moisture management, sustainability and breathability. Resources for most applications in the building industry and the cotton plant are the major sources of textiles. Most paper products originate from wood pulp, while textile fibers are generally not isolated from woody fibers. Cotton fibers are a biological source of almost pure cellulose, but this is not usually used in food-grade cellulose and is used instead for various cellulose derivatives, pharmaceuticals, or chemical engineering uses, such as chromatography, paints, and explosives. Other cellulose sources are jute, hemp, corn, flasks, rice, wheat straw, and sisal.
Market Challenges
VOLATILITY IN RAW MATERIAL PRICES & CAPITAL- INTENSIVE OPERATION:
In terms of the global cellulose market, the cost of cellulose fiber has been a major impediment to expanding the global cellulose fiber industry. The prices of raw materials used in cellulose fiber production are volatile and change regularly, limiting their use in large-scale companies. In addition, random changes in raw material prices, the decline in cotton supply, and rigorous environmental regulations regarding forests imposed by governments pose significant challenges to the sector.
In addition, competent workers and specialized machinery are necessary to produce cellulose fiber, which is extremely difficult. Cellulose is modified with raw materials containing acetyl groups to form cellulose acetate polymers. The raw materials used to manufacture cellulose acetate polymers are acetic acid and acetic anhydride. Fluctuations in the prices of these raw materials due to downstream demand and spot availability pose a challenge for cellulose ester manufacturers.
Companies Mentioned
Eastman Chemical Co.
International Paper Company
Daicel Corporation
Spinnova Oyj
Nanollose Limited
Market Segmentation
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TABLE OF CONTENTS
1. GLOBAL CELLULOSE INDUSTRY
1.1. Market Scope and Definition
1.2. Study Assumptions
2. CELLULOSE MARKET LATEST TRENDS, DRIVERS AND CHALLENGES, 2022-2030
2.1. Desirable Cellulose properties for various applications
2.1.1. Paper and pulp:
2.1.2. Textiles:
2.1.3. Food & Feed:
2.1.4. Pharmaceutical & Personal Care:
2.1.5. Chemical and Industrial:
2.2. Cellulose Value Chain Analysis
2.3. Cellulose Market Latest Trends
2.3.1. DIVERSIFICATION OF CELLULOSE-BASED PRODUCTS WITH TECHNOLOGY IMPROVEMENTS
2.3.2. RISING DEMAND FOR CELLULOSE IN DIFFERENT END-USER INDUSTRIES
2.3.3. DEVELOPMENT OF ECO-FRIENDLY CELLULOSE
2.3.4. DEPLOYMENT OF MCC AS FUNCTIONAL FIBER POLYMER IN PHARMA & FOOD APPLICATIONS
2.4. RECENT DEVELOPMENTS IN THE CELLULOSE INDUSTRY
2.5. Cellulose Market Insights, 2022-2030
2.5.1. Leading Cellulose Source, 2022-2030
2.5.2. Leading Cellulose End-User, 2022-2030
2.5.3. Dominant Cellulose Purity, 2022-2030
2.5.4. Fast-Growing Geographies for Cellulose, 2022-2030
2.6. Cellulose Market Drivers to 2030
2.6.1. HIGH DEMAND FOR CELLULOSE IN THE GROWING TEXTILE INDUSTRY
2.6.2. INCREASING CELLULOSE PAPER PRODUCTION WORLDWIDE
2.6.3. SUSTAINABLE CHARACTERISTICS OF CELLULOSE
2.6.4. DEVELOPMENT OF NOVEL CELLULOSE-BASED MATERIALS & PROCESSES
2.7. Cellulose Market Restraints to 2030
2.7.1. VOLATILITY IN RAW MATERIAL PRICES & CAPITAL- INTENSIVE OPERATION
2.7.2. STRICT REGULATIONS ON CELLULOSE-BASED PRODUCTS/MATERIALS
2.7.3. COVID-19 IMPACT ON THE CELLULOSE MARKET
2.8. Cellulose Market-Five Forces Analysis
3. GLOBAL CELLULOSE MARKET VALUE, MARKET SHARE, AND FORECAST TO 2030
3.1. Global Cellulose Market Overview, 2021
3.2. Global Cellulose Market Size and Share Outlook, By Source, 2022-2030
3.2.1. Natural Cellulose
3.2.2. Synthetic Cellulose
3.3. Global Cellulose Market Size and Share Outlook, By End-User, 2022-2030
3.3.1. Paper &Pulp
3.3.2. Textiles
3.3.3. Food & Feed
3.3.4. Pharmaceutical & Personal Care
3.3.5. Chemical and Industrial
3.3.6. Other End-Users
3.4. Global Cellulose Market Size and Share Outlook, By Purity, 2022-2030
3.4.1. Below 85% Purity
3.4.2. 85-95% Purity
3.4.3. Above 95% Purity
3.5. Global Cellulose Market Size and Share Outlook by Region, 2022-2030
4. NORTH AMERICA CELLULOSE MARKET VALUE, MARKET SHARE, AND FORECAST TO 2030
4.1. North America Cellulose Market Overview, 2021
4.2. North America Cellulose Market Size and Share Outlook by Source, 2022-2030
4.3. North America Cellulose Market Size and Share Outlook, By End-User, 2022-2030
4.4. North America Cellulose Market Size and Share Outlook, By Purity, 2022-2030
4.5. North America Cellulose Market Size and Share Outlook by Country, 2022-2030
4.5.1. United States
4.5.2. Canada
4.5.3. Mexico
5. EUROPE CELLULOSE MARKET VALUE, MARKET SHARE, AND FORECAST TO 2030
5.1. Europe Cellulose Market Overview, 2021
5.2. Europe Cellulose Market Size and Share Outlook by Source, 2022-2030
5.3. Europe Cellulose Market Size and Share Outlook, By End-User, 2022-2030
5.4. Europe Cellulose Market Size and Share Outlook, By Purity, 2022-2030
5.5. Europe Cellulose Market Size and Share Outlook by Country, 2022-2030
5.5.1. Germany
5.5.2. France
5.5.3. Italy
5.5.4. Sweden
5.5.5. Finland
5.5.6. Rest of Europe
6. ASIA PACIFIC CELLULOSE MARKET VALUE, MARKET SHARE AND FORECAST TO 2030
6.1. Asia Pacific Cellulose Market Overview, 2021
6.2. Asia Pacific Cellulose Market Size and Share Outlook by Source, 2022-2030
6.3. Asia Pacific Cellulose Market Size and Share Outlook, By End-User, 2022-2030
6.4. Asia Pacific Cellulose Market Size and Share Outlook, By Purity, 2022-2030
6.5. Asia Pacific Cellulose Market Size and Share Outlook by Country, 2022-2030
6.5.1. China
6.5.2. Japan
6.5.3. India
6.5.4. South Korea
6.5.5. Rest of Asia Pacific
7. SOUTH AND CENTRAL AMERICA CELLULOSE MARKET VALUE, MARKET SHARE AND FORECAST TO 2030
7.1. South and Central America Cellulose Market Overview, 2021
7.2. South and Central America Cellulose Market Size and Share Outlook by Source, 2022-2030
7.3. South and Central America Cellulose Market Size and Share Outlook, By End-User, 2022-2030
7.4. South and Central America Cellulose Market Size and Share Outlook, By Purity, 2022-2030
7.5. South and Central America Cellulose Market Size and Share Outlook by Country, 2022-2030
7.5.1. Brazil
7.5.2. Argentina
7.5.3. Rest of South and Central America
8. MIDDLE EAST AFRICA CELLULOSE MARKET VALUE, MARKET SHARE AND FORECAST TO 2030
8.1. Middle East Africa Cellulose Market Overview, 2021
8.2. Middle East Africa Cellulose Market Size and Share Outlook by Source, 2022-2030
8.3. Middle East Africa Cellulose Market Size and Share Outlook, By End-User, 2022-2030
8.4. Middle East Africa Cellulose Market Size and Share Outlook, By Purity, 2022-2030
8.5. Middle East Africa Cellulose Market Size and Share Outlook by Country, 2022-2030
8.5.1. Middle East
8.5.2. Africa
9. CELLULOSE MARKET STRUCTURE
9.1. Eastman chemical co.
9.2. International Paper Company
9.3. Daicel Corporation
9.4. Spinnova Oyj
9.5. Nanollose Limited
10. ABOUT US
10.1. Sources
10.1. Research Methodology
10.2. Research Process
10.3. Research Execution
10.4. Contact Information
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