표백 린터 셀룰로오스 시장 예측(-2030년) : 유통 채널, 용도, 최종사용자, 지역별 세계 분석

According to Stratistics MRC, the Global Bleached Linter Cellulose Market is accounted for $1.58 billion in 2024 and is expected to reach $2.33 billion by 2030 growing at a CAGR of 6.7% during the forecast period. Bleached linter cellulose is a refined form of cellulose derived from the short fibers or "linters" that cling to cotton seeds after the cotton fibers have been removed. This cellulose undergoes a bleaching process to eliminate impurities and enhance its whiteness, resulting in a highly pure and versatile material. With its high absorbency and excellent mechanical properties, bleached linter cellulose is commonly used in various applications, including the production of pharmaceuticals, food products, and cosmetics.

According to Confederation of European Paper Industries (CEPI), the paper industry in Europe grew by 9.5% in 2022 to USD 9.21 billion.

Market Dynamics:

Driver:

Growing demand in the textile industry

The growing demand in the textile industry is significantly boosting the production and use of bleached linter cellulose, a valuable raw material derived from cotton. As sustainable practices gain traction, manufacturers are increasingly turning to this biodegradable and renewable resource for its versatility and eco-friendliness. Bleached linter cellulose is prized for its fine fibers and high absorbency, making it ideal for various applications, including the production of high-quality fabrics and specialty textiles. Its inherent softness and purity enhance the tactile experience of finished products, catering to consumers' growing preference for premium materials.

Restraint:

Cost fluctuations

Cost fluctuations in the bleached linter cellulose market can significantly hinder its production and availability. This product, derived from cotton linters, is essential for various industries, including pharmaceuticals, food processing, and cosmetics. When prices of raw materials, energy, or labor rise, manufacturers may face increased operational costs, leading to reduced profit margins. This can result in supply constraints as companies may scale back production or seek to pass on costs to consumers, ultimately affecting market stability. Fluctuating prices can deter potential investors, making it challenging for businesses to secure funding for expansion or innovation.

Opportunity:

Rising interest in biodegradable materials

The growing interest in biodegradable materials has significantly enhanced the development and application of bleached linter cellulose, a sustainable alternative derived from cotton waste. As industries and consumers increasingly prioritize eco-friendly options, bleached linter cellulose is gaining traction due to its biodegradable nature and versatility. This cellulose, obtained from the outer fibers of cottonseed, offers a renewable resource that can be processed into various products, including packaging materials, textiles, and paper. Its biodegradability ensures that these products break down naturally, reducing environmental impact and landfill waste.

Threat:

Technological challenges

The production of bleached linter cellulose faces several technological challenges that hinder its efficiency and scalability. One major issue is the variability in the quality of cotton linter, which can affect the consistency of the final product. The bleaching process often involves harsh chemicals that can lead to environmental concerns and regulatory hurdles, prompting the need for greener alternatives. The current methods can also be energy-intensive and require advanced machinery, which can be cost-prohibitive for smaller manufacturers. There is a lack of standardization in processing techniques, leading to discrepancies in product quality and performance.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the bleached linter cellulose market, disrupting both supply chains and demand dynamics. Lockdowns and restrictions led to temporary shutdowns of manufacturing facilities, resulting in reduced production capacities and delays in the delivery of raw materials. As industries adapted to new norms, the demand for bleached linter cellulose, primarily used in applications like pharmaceuticals, food packaging, and textiles, fluctuated. The heightened focus on hygiene and health during the pandemic increased the demand for certain cellulose-based products, particularly in medical applications.

The Direct Sales segment is expected to be the largest during the forecast period

Direct Sales segment is expected to be the largest during the forecast period due to the growing market demands for high-quality and sustainable materials. By improving the processing techniques and refining product specifications, the segment aims to boost the cellulose's performance characteristics, such as viscosity and fiber length, ensuring it meets stringent industry standards. Additionally, this enhancement is aligned with sustainability goals, as the production process is being optimized to reduce waste and energy consumption.

The Paints & Coatings segment is expected to have the highest CAGR during the forecast period

Paints & Coatings segment is expected to have the highest CAGR during the forecast period due to its unique properties that contribute to improved product performance. BLC, derived from cotton linters, offers superior purity and consistency, making it an ideal additive for various formulations. Its fine particle size and high surface area enhance the viscosity and stability of paints and coatings, leading to better application and finish. Moreover, BLC serves as a thixotropic agent, preventing sagging and ensuring a smooth, even distribution. This enhancement process aims to optimize its compatibility with different resins and solvents, expanding its applicability across various coatings, including architectural, automotive, and industrial.

Region with largest share:

North America region is poised to dominate the largest share of the Bleached Linter Cellulose Market over the extrapolated period by promoting sustainability and ensuring product safety. Government regulations encourage manufacturers to adopt environmentally friendly practices, such as utilizing renewable resources and reducing waste in production processes. By setting stringent quality standards, regulatory bodies ensure that bleached linter cellulose meets high safety and performance criteria, thereby increasing consumer trust and demand. As companies align with these regulations, they not only enhance their market competitiveness but also contribute to a more sustainable economy.

Region with highest CAGR:

Europe region is estimated to witness profitable growth during the projected period, by fostering innovation, increasing production efficiency, and expanding applications. Industry players are joining forces with research institutions and sustainability organizations to develop advanced processing techniques that minimize environmental impact while maximizing yield. These collaborative efforts not only improve product quality but also encourage the adoption of eco-friendly practices, aligning with the EU's stringent regulations on sustainability.

Key players in the market

Some of the key players in Bleached Linter Cellulose market include Celanese Corporation, Eastman Chemical Company, Huntsman Corporation, Kawaguchi Chemical Co., Ltd, Kraton Corporation, Lenzing AG, Mondi Group, Nippon Paper Industries Co., Ltd, Oji Holdings Corporation and Tembec Inc.

Key Developments:

In May 2024, Mondi has invested €200 million in the paper mill in Duino, Italy - once fully operational, it will reportedly be capable of producing 420,000 tonnes of recycled containerboard for packaging solutions and will be Mondi's widest recycled paper machine at 8.5 metres.

In February 2023, The Chinese government announced plans to invest in the development of the bleached linter cellulose industry. The investment is expected to help China become a major producer of bleached linter cellulose.

Distribution Channels Covered:

• Online Sales
• Direct Sales
• Distribution Centers

Applications Covered:

• Acetate
• Viscose
• Ethers
• Other Applications

End Users Covered:

• Paints & Coatings
• Food & Beverages
• Pulp & Paper
• Pharmaceutical
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Bleached Linter Cellulose Market, By Distribution Channel

• 5.1 Introduction
• 5.2 Online Sales
• 5.3 Direct Sales
• 5.4 Distribution Centers

6 Global Bleached Linter Cellulose Market, By Application

• 6.1 Introduction
• 6.2 Acetate
• 6.3 Viscose
• 6.4 Ethers
• 6.5 Other Applications

7 Global Bleached Linter Cellulose Market, By End User

• 7.1 Introduction
• 7.2 Paints & Coatings
• 7.3 Food & Beverages
• 7.4 Pulp & Paper
• 7.5 Pharmaceutical
• 7.6 Other End Users

8 Global Bleached Linter Cellulose Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Celanese Corporation
• 10.2 Eastman Chemical Company
• 10.3 Huntsman Corporation
• 10.4 Kawaguchi Chemical Co., Ltd
• 10.5 Kraton Corporation
• 10.6 Lenzing AG
• 10.7 Mondi Group
• 10.8 Nippon Paper Industries Co., Ltd
• 10.9 Oji Holdings Corporation
• 10.10 Tembec Inc