The report “Cellulose Fiber Market by Fiber Type (Natural Cellulose Fibers (Cotton, Jute & Others), Man-Made Cellulose Fibers (Viscose, Lyocell, Modal & Others), by Application (Apparel, Home Textile, Industrial, and Others) & by Region - Trends & Forecast to 2020”, Cellulose Fibers have various unique characteristic such as strength, low weight, moisture absorbency, and so on. Cellulose fibers are widely used for manufacturing skin friendly textile. The global cellulose fibers market is expected to reach at USD 36.96 Billion in 2020 at a CAGR of 9.49% over the period between 2015 and 2020

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This report includes the leading manufacturers’ profiles such as Lenzing AG (Austria), Grasim Industries Limited (India), Sateri Holdings Limited (China), Shandong Helon Textile Sci. & Tech. Co., Ltd. (China), among others. They key players of the markets have adopted various development strategies such as expansion, mergers & acquisitions, new product development/launches, collaborations, contracts, joint ventures, and partnership to enhance their customer base and increase their market share globally.

Asia-Pacific is the key region of the global cellulose fibers market

Asia-Pacific dominated the cellulose fiber market in 2014 and accounted for over 68% of the market, by volume and value. Country-wise, China is the top market of cellulose fibers in the world. Europe is the second-largest cellulose fibers market in the world. Cellulose fibers have various applications such as apparel, home textile, industrial, and others. The growth of the market hinges heavily on the developing economies, especially, Asia-Pacific and RoW. China, Japan, and India, especially, stand out as significant emerging markets, given the mass exodus of production activities from developed countries to low-cost Asian countries. The increase in foreign investments and rise in the number of new manufacturing establishments is propelling Asia-Pacific to emerge as the major driver of growth of the global cellulose fibers market.

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Apparel application to drive the growth in the cellulose fiber market

Apparel application accounted for the largest share of the cellulose fiber market at around 47% market share by value in 2014. The increasing population around the world is expected to sustain the demand of cellulose fibers in the coming years. The fastest growth rate till 2020 in the cellulose fiber market is projected to come from applications such as home textile and industrial.

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