- The key vendors in the Global Cellulose Fibers Market 2014-2018 are Fulida Group, Grasim Industries Ltd., Jiangsu Aoyang Technology Co. Ltd., Lenzing AG and TangShang San You XingDa Co. Ltd.
London, 03 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Cellulose Fibers Market 2014-2018. One of the major trends in the market is the production of cellulose fibers using renewable sources. Manufacturers are focusing on obtaining cellulose fibers from renewable sources as the market is facing environmental concerns. The market is expected to witness steady growth at a CAGR of 9.75 percent during the forecast period of 2013-2018.
“With the replacement of petrochemical fibers with cellulose fibers, the market demand is growing, particularly seen in the APAC region, which is developing rapidly because of increased disposable incomes and the consequent demand for clothing and other items made with cellulose fibers,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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