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Market Size - $15,026.3mn in 2013, Market Growth - CAGR of 10.3%, Market Trends Shift towards replacing petrochemical fibers. View Full Report With TOC - http://www.grandviewresearch.com/industry-analysis/cellulose-fibers-market.
San Francisco, California (PRWEB) June 23, 2014
The global market for cellulose fibers is expected to reach USD 29,611.1 million by 2020, according to a new study by Grand View Research, Inc. Low prices of raw material coupled with regulatory supports offered by various countries are expected to be key driving factors for the market. In addition, the augmented demand for clothing and apparel in emerging economies is also expected boost the demand for cellulose fibers. However, fluctuating prices of raw material is expected to be a key challenge for market growth.
Clothing emerged as the leading application segment for cellulose fiber and accounted for 61.3% of total market volume in 2013. It is also expected to be the fastest growing application segment, at an estimated CAGR of 8.2% from 2014 to 2020.
The report Cellulose Fibers Market Analysis By Application (Spun Yarn, Fabrics, Clothing and Other) And Segment Forecasts To 2020 is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/cellulose-fibers-market
Inquiry Before Buying @ http://www.grandviewresearch.com/inquiry/461.
Further key findings from the study suggest:
Browse All Reports of This Category @ http://www.grandviewresearch.com/industry/plastics-polymers-and-resins.
For the purpose of this study, Grand View Research has segmented the cellulose fibersmarket on the basis ofapplicationand region:
Browse All Grand View Research Ongoing Reprots @ http://www.grandviewresearch.com/ongoing-reports.
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About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/.
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