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The emergence of cotton pulp fibers is anticipated to open up new avenues for the Cotton (linter) Pulp market

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Gauri Cmi
  The emergence of cotton pulp fibers is anticipated to open up new avenues for the Cotton (linter) Pulp market


Paragraph: The Cotton (linter) Pulp market is estimated to be valued at US$367.1 Mn in 2023 and is expected to exhibit a CAGR of 14% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview: Cotton pulp is a natural fiber derived from raw cotton through chemical and mechanical processes. It finds widespread applications in various industries such as textiles, construction, pharmaceuticals, and food packaging due to its attributes such as strength, absorbency, and biodegradability. Cotton pulp can be molded into different shapes and sizes to manufacture a variety of products ranging from absorbent cotton to fabric and pulp molded products.

Market Dynamics:

Driver 1: Growing demand for sustainable and eco-friendly products: There is an increasing awareness among consumers about the environmental impact of plastic-based products. This has spurred the demand for green alternatives made from natural fibers like cotton pulp. The pulp and paper industry is leveraging cotton pulp to manufacture sustainable packaging solutions and replace plastic packaging materials.

Driver 2: Versatility and wide industrial applications: Cotton pulp offers versatility in terms of product design as it can be molded into any desired shape and size. The natural fiber finds applications across diverse industries including textiles, construction, pharmaceuticals, food packaging, and more owing to its properties like strength, absorbency, and sustainability. This wide range of applications is augmenting the expansion of the Cotton (linter) Pulp market.

Segment Analysis

Cotton (linter) Pulp market can be segmented based on type into natural cotton pulp and manmade cotton pulp. Natural cotton pulp is further segmented into long fiber pulp and short fiber pulp. Natural cotton pulp currently dominates the market due to high demand for eco-friendly and sustainable textile products. Long fiber pulp holds a significant market share within natural cotton pulp as it provides high strength and durability to final textile products.

PEST Analysis

Political: Government regulations promoting sustainable textile production are driving cotton pulp adoption. Some countries have imposed limits on synthetic materials encouraging natural fibers.

Economic: Rising disposable income in developing nations is increasing textile demand. Lower cotton pulp production costs versus wood pulps are supporting market growth.

Social: Growing awareness about eco-friendly materials is boosting demand for cotton pulp derived textiles.

Technological: Advanced manufacturing processes allow large-scale production of cotton pulp minimizing production costs and waste. New bleaching methods produce brighter cotton pulps for varied end-use applications.

Key Takeaways

The global Cotton (linter) Pulp market is expected to witness high growth, exhibiting CAGR of 14% over the forecast period, due to increasing adoption in hygienic products and sustainable apparel. The Asia Pacific region dominates the market and is expected to maintain its lead, witnessing a CAGR of around 15%, owing to the large production bases and high consumption in China and India.

Regional analysis

Asia Pacific holds the major share within the global Cotton (linter) Pulp market. This can be attributed to the large-scale production and use of cotton in countries such as China and India which are also the biggest textile manufacturers globally.

Key players operating in the Cotton (linter) Pulp market are Georgia-Pacific LLC, International Paper Company, Lenzing AG, Grasim Industries Ltd., Sateri Holdings Limited, Aditya Birla Group, Tangshan Sanyou Xingda Chemical Fiber Co., Ltd., Barnhardt Manufacturing Company, Shanghai Textile Raw Materials Corporation, Shandong Silver Hawk Chemical Fibre Co., Ltd., Thai Rayon Public Company Limited, Xinjiang Zhongtai Chemical Co., Ltd., Shandong Demian Incorporated Company, Gujarat Ambuja Exports Limited, and North Alabama Cotton Cooperative.

 

Read More: https://www.rapidwebwire.com/cotton-pulp-market-scope/


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