Bleached Linter Cellulose Market Analysis

Bleached Linter Cellulose Market Analysis

Based on grade, the market is segmented into high grade and technical grade. Bleached linter cellulose market size for technical grade constituted the major chunk of the overall industry share in 2018. The technical grade is applicable across several end-user industries such as pulp & paper, textile, leather, personal care, paints & coatings, packaging industries, among various others. Bleached linter cellulose has long and strong fibers which contribute strength to paper and can be used for preparing packaging boxes.

On the basis of application, the market is segmented into viscose, acetate, ethers, nitrate and others. Bleached linter cellulose market share for acetate constituted close to 15% of the overall industry share in 2018. Acetate is used in production of cigarette tows; these tows are cellulose acetate tow fibers which are thinner than sewing thread and are generally packed closely to create a filter. The cigarette market was worth more than USD 815 billion in 2018, selling approximately 5.5 trillion cigarettes to over 1 billion smokers. These trends will have positive impact on the product demand, thereby likely to propel the overall market size by 2025.

Viscose application segment captured the maximum share in the bleached linter cellulose market in 2018. Viscose fibers are soft and are mainly used in textile production such as jackets, dresses, coats, shirts, etc. Rising disposable incomes and growing urbanization have led to rise in the number of fashion outlets and supermarket for textiles. With growing textile industry, the demand for viscose will rise which will have a positive outlook for the market size in the near future.

On the basis of end-user, bleached linter cellulose market size for textile industry captured the major chunk of the overall market size in 2018. Product is widely applicable in the production of viscose which is a synthetic fiber used in the production of textiles. On the other hand, bleached linter cellulose also finds application in pulp & paper industry. For instance, it is widely used in CMC production, which finds usage in pulp making to improve the wet strength and surface sizing in paper production. It also acts as the excipient of pigment to enhance the internal cohesion, reduce printing dust and enhance the printing quality. According to Confederation of European Paper Industries (CEPI), the paper industry in Europe grew by 7.5% in 2017 to USD 6.21 billion. The aforementioned trends will make prominent contribution to the overall market size in the coming years.

North America bleached linter cellulose market size is expected to rise with 3% CAGR during the forecast time period. This is mainly attributed to strong growth parameters in pharmaceutical industry in the U.S. which is attributed to significant investment in R&D facilities for innovation and development of new medicines. Product is widely used in the production of cellulose ethers which are used as viscosity modifiers and thickening agent in drug manufacturing. For instance, drug manufacturing in the U.S. was valued at over USD 160 billion in 2017, which is expected to rise significantly in the coming years and thereby likely to make a huge impact on the market by 2025.