Ecotextile News Technical Textiles Sustainable Nonwovens Careers in Textiles Technical Standards & Legislation MCL News & Media
Twitter RSS Feed Contact Us

Banner
Banner

Banner
Banner
Banner
Clothing demand to drive cellulose fibre sector
Tuesday, 01 July 2014

New York - The global market for cellulose fibres is expected to reach US$29,611.1 million by 2020, according to a new study which also shows that at current rates, Austria?s Lenzing continues to dominate the sector with a 17.5 per cent market share.

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 fibres. However, fluctuating prices of raw material are expected to be a key challenge for market growth.