Growing Importance of Man-Made Fibers in Textile & Technical Applications Boosts Sector

Cellulosic Man-Made Fibers Global Market Report 2023: Growing Importance of Man-Made Fibers in Textile & Technical Applications Boosts Sector

Dublin, Feb. 13, 2023 (GLOBE NEWSWIRE) — The

“Cellulosic Man-Made Fibers: Global Strategic Business Report”

report has been added to’s


Global Cellulosic Man-Made Fibers Market to Reach $27.9 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Cellulosic Man-Made Fibers estimated at US$20 Billion in the year 2022, is projected to reach a revised size of US$27.9 Billion by 2030, growing at a CAGR of 4.3{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} over the analysis period 2022-2030. Clothing, one of the segments analyzed in the report, is projected to record a 4.3{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} CAGR and reach US$17 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fabrics segment is readjusted to a revised 5.5{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} CAGR for the next 8-year period.

The U.S. Market is Estimated at $5.8 Billion, While China is Forecast to Grow at 4.1{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} CAGR

The Cellulosic Man-Made Fibers market in the U.S. is estimated at US$5.8 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2030 trailing a CAGR of 4.1{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} and 3.6{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} CAGR.

Select Competitors (Total 52 Featured) –

  • Aditya Birla Group
  • Baoding Swan Fiber Co. Ltd.
  • Celanese Corporation
  • Century Rayon Limited
  • Daicel Corporation
  • Eastman Chemical Company
  • Formosa Chemicals & Fiber Corporation
  • Glanzstoff Industries
  • Grasim Industries Limited
  • Indorama Ventures Public Company Limited
  • International Paper
  • Jiangsu Aoyang Technology Co. Ltd.
  • Kelheim Fibres GmbH
  • Lenzing AG
  • Mitsubishi Chemical Corporation
  • NRC Limited
  • PT. South Pacific Viscose
  • Smartfiber AG
  • Tangshan Sanyou Xingda Chemical Fiber Co. Ltd.
  • Thai Rayon Public Co. Ltd.
  • Toray Industries Inc.
  • Xinxiang Bailu Chemical Fiber Co. Ltd.
  • Zhejiang Fulida Co. Ltd.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.

Report Attribute

No. of Pages 278
Forecast Period 2022 – 2030
Estimated Market Value (USD) in 2022 $20 Billion
Forecasted Market Value (USD) by 2030 $27.9 Billion
Compound Annual Growth Rate 4.2{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d}
Regions Covered Global

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Cellulosic Man-Made Fibers: An Introductory Prelude
  • Recent Market Activity
  • Future Prospects Remain Favorable for Man-Made Cellulosics
  • Growing Importance of Man-Made Fibers in Textile & Technical Applications: Cornerstone for Present & Future Growth of the Market
  • Scarcity & Volatility of Natural Cellulose Fibers Production Gives Way to Man-Made Cellulosics
  • Asia-Pacific: The Dominant Force in the World Man-Made Cellulosics Market
  • China Evolves into Most Important Regional Market
  • Momentum in Developed Regions Remains Sluggish yet Positive
  • Cellulosic Man-Made Fibers – Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)



  • Rayon Enjoys Widespread Application
  • Viscose Rayon – The Leading Category
  • Escalating Demand for Lyocell Rayon
  • Product Innovations & Advancements Aid Cellulosics Market Growth
  • Textiles: The Primary Application Area for Cellulose Fibers
  • Textile Fibers: An Overview
  • Growing Demand for Clothing & Fabrics Underpins Volume Expansion in Man-Made Cellulosics
  • Cellulose Acetate Remains the Preferred Material for Cigarette Filter Tow
  • Separation & Filtration Membranes: A Niche Application for Cellulose Acetate
  • Novel Opportunities in Bioplastics Domain
  • Favorable Macro Factors Induce Positive Momentum
  • Positive GDP Forecasts
  • Ballooning Global Population & Parallel Increase in Urban and Middle Class Demographics




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