The Regenerated Cellulose market size is estimated to be USD 18.0 billion in 2022 and is projected to reach USD 27.3 billion by 2027, at a CAGR of 8.7%.
Regenerated cellulose is a class of materials produced by converting natural cellulose to a soluble cellulosic derivative and subsequent regeneration, typically forming a fiber (e.g., rayon) or a film (e.g., cellophane). Regenerated Cellulose is usually colourless, non-toxic, and has a lower molecular weight than natural cellulose.
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Regenerated cellulose fibers can be used across various applications, including tire cords, automobile filters, bioplastic films, hygienic and personal care products, abrasives, clothing, and Farming ropes. It is mainly used in the clothing industry in the form of fibers because of its favourable properties, such as absorbency, softness, biodegradability, eco-friendliness, cost-efficiency, smooth surface, breathability, and comfort.
The demand for Regenerated Cellulose is mainly furnished by global players manufacturing for various end-use industries. Some of the leading companies involved in the manufacturing of Regenerated Cellulose are Sateri (China), Sateri, Lenzing AG (Austria), Grasim Industries Limited (India), Kelheim Fibres GmbH (Germany), Fulida Group (China), and Eastman Chemical Company (US). These companies, along with other regional companies, cater to the demand for Regenerated cellulose globally.
Sateri (China) is the manufacturer of high-quality fibers, such as viscose fibers, Lyocell fibers, recycled fibers, non-woven fabrics, and yarns. The company has 6 manufacturing units, it produces 1.8 million tons of cellulosic fibers. The company offers fibers that can be used in various end-use industries fabrics industries, automotive industries, agricultural industries, and others. These cellulosic fibers can be used to produce, a wide variety of apparel such as blouses, dresses, innerwear, outerwear, etc. The company has its footprint located across Asia, Europe, and the Americas regions.
Lenzing AG (Austria) is a manufacturer and distributor of cellulosic fibers to textile and non-woven industries, the packaging industry, the automotive industry, and others. The company operates in three major segments Pulp division, Fiber Division, and others. The product portfolio of this company consists of various products such as Viscose, Lyocell, Modal, and other filament yarns. Lenzing AG has eight production sites and ten planning and sales offices across the globe. The company supplies its products under various trade names such as VEOCEL (lyocell), TENCEL (lyocell and modal), and LENZING (viscose).
Grasim Industries Limited (India) a chief company of Aditya Birla Group, is the producer of textiles, chemicals, and other products. There are four working segments of this company which include Viscose, Chemicals, Cement, and Financial Services. The company produces Regenerated cellulosic fibers under its Viscose staple fiber division. The total production units of viscose fibers are four while producing the viscose filament yarns, have two production units.
Other companies have initiated the following developments:
Regenerated Cellulose Market by Type (Fibers (Viscose, Lyocell, Modal), Films), Manufacturing Process, Source, End-user Industry (Fabrics, Automotive, Agriculture, Packaging) and Region (North America, Europe, APAC, Rest of the World) - Forecast to 2027
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