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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Cellulose Market Size
The global cellulose market is expected to grow at a CAGR of 4.1% during the period 2024-2032. Cellulosic materials have several applications in thermo-reversible and tenable hydrogels, coating additives, paper making, flexible screens, food packaging, optically transparent films and lightweight materials for ballistic protection, automobile windows, etc. North America, Europe and Asia are expected to be key markets.
Global Market Likely to be Driven by Applications of Cellulose Across Sectors
Cellulose shows advantages over synthetic fibres displays potential to take the place of fossil-based materials known to damage the environment. Common applications of cellulose include packaging, electronics and printing, and healthcare materials. A key element in all plants, cellulose is possibly the most abundant organic compound on earth. While cellulose is present in all parts of a plant, it varies in content from part to part; for example, it is present in higher quantities in a plant’s stem than in leaves. Other sources of cellulose include wood, annual crops, residual agricultural waste, marine animals (tunicates), algae, fungi, bacteria, invertebrates and amoeba.
Cellulose is insoluble in water and majority of organic solvents. It shows good chemical stability, biocompatibility, mechanical properties, hydrophilic and biodegradation properties. The structural and physical properties of cellulose have drawn significant attention for multiple applications, including films, packaging, paper, building and coating materials, advanced materials, food, drugs and flexible electronics. Nanocrystalline cellulose (also known as cellulose nanocrystals), nanofibrillated cellulose (or cellulose nanofibrils), bacterial cellulose and cellulose nanobeads are the four types of cellulose in the nano-range Microcrystalline cellulose (a kind of commercially available cellulose) has applications in pharmaceuticals and the food industry; it is also used as starting material to manufacture nanocellulose.
Cellulose Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global cellulose market is projected to grow at a CAGR of 4.1% between 2024 and 2032.
The major drivers of the market include the increasing adoption of the cellulose fibre in textile industry, rising disposable income, rising standard of living, improvements in the education system and the growing demand for printed books across developing countries.
Rising applications across various sectors and rising paper production are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The sources are natural and synthetic. Natural is further broken down into crops, fruits, and tree wood.
Based on derivative type, the market is divided into commodity cellulose pulp, cellulose fibres, cellulose ethers, cellulose esters, microcrystalline cellulose, and nanocellulose, among others.
On the basis of purity, the market is divided into above 95%, 85%- 95%, and below 85%.
The end-uses are food, pharmaceuticals, paper and pulp, cosmetics, and textile, among others.
The major players in the industry are International Flavors & Fragrances Inc. (Dupont De Nemours, Inc.), Eastman Chemical Company, Daicel Corporation, MACHEREY-NAGEL GmbH & Co. KG, and Celanese Corporation, among others.
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