Cellulose acetate fiber is a synthetic or man-made fibers produced by cellulose acetate. It is manufactured by treating high purity pulp or distilled cotton fluff with acetic anhydride. It is widely used in women apparels and home bedding & furnishings. Women’s apparels include nightgowns, coats, knitwear, one-piece, accessories in Japanese dresses, scarves & sweaters, neckties etc. Home bedding & furnishings include linin, carpets, curtains, upholstery, bedspreads, etc. are produced with the help of this fiber. It provides luxurious feel & appearance to the home fashion products and can be obtained in variety of sheens and colors. It is also used for general purpose products such as tags & labels, gift box linings, sundry goods, packaging tapes and ribbons. Additionally, it is also used in variety of applications such as in spectacle frames, use in some coatings, synthetic fibers, film media, cigarette filters among others. Due to the quick drying & ideal water absorption tendency, it is also used in the making umbrellas and rain suits. The key properties are included very lustrous, high transparency, good toughness and a very soft & natural feel. Its biodegradable excellence makes it the most wanted fiber globally.
According to study, “Global Cellulose Acetate Fiber Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global cellulose acetate fiber market are Baoding Swan Fiber Co., Ltd, Century Rayon Limited, Celanese Corporation, Daicel Chemical Industries, Ltd., Formosa Chemicals & Fiber Corporation, Eastman Chemical Company, Glanzstoff Industries, Kelheim Fibres GmbH, Grasim Industries Limited, Lenzing AG, PT. South Pacific Viscose, Nantong Cellulose Fibers Co., Ltd, Mitsubishi Rayon Co. Ltd., NRC Limited, Sateri Holdings Limited, PT Indo Bharat Rayon, Smartfiber AG, Tangshan Sanyou Xingda Chemical Fiber Co., Ltd., Solvay Acetow GmbH, Thai Rayon Public Co. Ltd., Weyerhaeuser Company, Toray Industries, Inc., Xinxiang Bailu Chemical Fiber Co., Ltd., Zhuhai Acetate Fiber Co., Ltd., Zhejiang Fulida Co., Ltd.
Based on product type, cellulose acetate fiber market is segmented into acetate textile filament fiber, acetate filter tow fiber and others. In addition, based on application, market is segmented into textile fibers, sheet castings, photographic film and tapes & labels.
The cellulose acetate fiber market is driven by rise in demand from cigarette industry, followed by growth in young population, rise in per capita income, growth in urbanization and increase in demand from textile industry for manufacturing of garments. However, poor fiber strength may impact the market. The manufacturers are overriding this problem by combining it with other fabrics for instance polyester that can contribute enough strength to make it effective for practical applications.
Based on geography, the North-American region holds major share in cellulose acetate fiber market owing to presence of mature market in the region. The Asian-Pacific region is projected to witness higher growth rate due to increase in number of textile and wood industries over the forecast period. The European region is also anticipated to exhibit substantial growth rate as a result of growth in demand for substitutes such as polyester and nylon over the forecast period. In near future, it is projected that the market will be reached at rapid pace on account of rise in demand form furnishing & bedding industries during the forecast period.
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Ankur Gupta, Head Marketing & Communications