Bleached Linter Cellulose Market - Global Industry Analysis, Trends, and Forecast 2025
Reportedly, by 2025 global bleached linter cellulose market size will surpass the US$1.3 billion mark. Mentioned below are some factors driving the market trends.
The rapidly growing food and beverage sector in Asia Pacific is poised to drive the bleached linter cellulose market trends. CMC concentrator, which functions as a thickening agent has a substantial demand due to its extensive applications in the food industry. Linter possess highly pure cellulose content which is widely utilized in several niche applications.
Reportedly, by 2025 global bleached linter cellulose market size will surpass the US$1.3 billion mark. Mentioned below are some factors driving the market trends. Explained below are some trends expected to influence the industry dynamics in the next few years.
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Requirement of cotton to produce bleached linter
In the production of the bleached linter cellulose, cotton is used as a major raw material. Disturbance in the global supply chain of the cotton may hinder the business growth globally. Additionally, as cotton cultivation is rain dependent, any changes in the climate, agriculture patterns, and rain deficiency may impact the cultivation of the cotton, which further leads to the lack of raw material availability.
While these factors could result in the unavailability of the product which acts negatively towards the expansion of the market, cotton import from other countries such as Turkey, Egypt and Uzbekistan could lower the impact of raw material shortage.
Demand for technical and high-grade cellulose
As prime raw material, the substance is used to produce intermediate materials that are widely utilized in the food and beverage industry. The extensive food production along with a robust supply chain are some major determinants that drive the production of the ingredient.
Based on grade, the bleached linter cellulose market is categorized into technical grade and high grade. On account of its use in CMC manufacturing and widespread utilization in food and beverage production, the high-grade bleached linter cellulose will observe a considerable demand. The technical grade segment, which has a wide range of applications in textiles, packaging, non-woven fabrics, paper, and others, holds the majority of the market share of over 80%.
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Viscose application for making textile products
Viscose is majorly utilized to manufacture a range of commercial and consumer textile products such as coats, jackets, shirts, trousers, and others. Notably, viscose accounted for the highest share of bleached linter cellulose consumption, pegged at 70% of the global share, in 2018.
Based on end-user, the bleached linter cellulose market is categorized into pharmaceutical, personal care, food and beverage, pulp and paper, paints and coatings, packaging, and others. The increasing population in Asia pacific along with consistently rising demand for textiles has positively influenced the demand for synthetic fibers like viscose.
End-user market in India and China
The presence of major cotton producers situated in India and China will lead to low-cost of production of bleached linter cellulose. Also, the existence of a mass consumer base in the Asia Pacific propelling the growth of various end-user industries such as paints and coatings, pulp and paper, personal care, pharmaceutical, food and beverage, and textile will further escalate the demand for the substance.
The bleached linter cellulose market in the Asia Pacific is anticipated to be the largest market globally, on account of robust industrialization along with drastic population and income growth.
Notably, the industry is majorly driven by the presence of several small-scale manufacturers and leading players such as Unity Pulp & Paper, Shandong Silver Hawk Chemical Fibre Co. and Hubei Golden Ring Co. Ltd, and GRN Cellulose Pvt. Ltd.
The outbreak of coronavirus has not only impacted public health worldwide but also on the value chain and supply chain of various industries, including the food and beverage industries in APAC and Europe. Due to a large number of COVID-19 cases, the governments in these regions are forced to impose complete lockdown. The shutdown of industries may have resulted in reduced demand for the ingredient.
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