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Thursday, March 21, 2024

Lucintel Forecasts the Global Cellulose Acetate Fiber Market to Grow with a CAGR of 4.8% from 2024 to 2030

According to a market report by Lucintel, the future of the global cellulose acetate fiber market looks promising with opportunities in the textile fiber, photographic film, sheet casting, and tape & label markets. The global cellulose acetate fiber market is expected to grow with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are growing demand for eco-friendly and sustainable textiles, increasing emphasis on sustainability in the textile industry, and expanding trends in fashion and apparel influence.

A more than 150–page report is developed to understand Trends, opportunity and forecast in cellulose acetate fiber market to 2030 by product type (acetate filter tow fiber, acetate textile filament fiber, and others), application (textile fibers, photographic film, sheet castings, tapes & labels, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, acetate filter tow fiber and acetate textile filament fiber are the major segments of cellulose acetate fiber market by product type. Lucintel forecasts that acetate filter tow fiber is expected to witness highest growth over the forecast period due to its widespread applications in air and water filtration systems, industrial textiles, and medical textiles.

Within this market, textile fiber is expected to witness highest growth over the forecast period.

Download sample by clicking on cellulose acetate fiber market.

APAC is expected to witness highest growth over the forecast period due to existence of major customer base and rising demand for cellulose acetate fiber from textile and wood industry of the region.

Mitsubishi Rayon, Celanese, Eastman, Solvay Acetow, and Daicel are the major suppliers in the cellulose acetate fiber market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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