What is Cellulose Film Market Scope?
The global Cellulose Film market is expected to witness high demand in the forecasted period due to increasing awareness about sustainable packaging solutions. Cellulose is the substance that makes up most of a plant’s cell walls. Since it is made by all plants, it is probably the most abundant organic (carbon-containing) compound on Earth. Cellulose is a polysaccharide. Cellulose film is made from cellulose from wood, cotton, hemp, or other sources. The raw material of choice is called dissolving pulp, which is white like cotton and contains 92%–98% cellulose.
The Cellulose Film market study is being classified by Type (Transparent Regenerated Cellulose Film and Color Regenerated Cellulose Film), by Application (Packaging, Mulch Films, Containers, Adhesives, Textile Sizing Agents and Others) and major geographies with country level break-up. According to AMA, the Global Cellulose Film market is expected to see growth rate of 5.1%
Research Analyst at AMA predicts that Vendors from Asian will contribute to the maximum growth of Global Cellulose Film market throughout the predicted period.
Eastman Chemical (United States), Futamura Group (United Kingdom), Innovia Films (United Kingdom), Sateri (China), Celanese Corporation (United States), China Lucky Film Corp. (China), Chengdu Huaming Cellophane Co.,Ltd (China), Shaoxing Chunming Cellulose Film Co. (China), IPI GmbH (Germany) and Rengo Co., Ltd. (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Zhejiang Koray New Material Co., Ltd.(China) and INTERPLEX INDIA PRIVATE LIMITED (India).
Analyst at AMA have segmented the market study of Global Cellulose Film market by Type, Application and Region.
On the basis of geography, the market of Cellulose Film has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2020. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
"This Regulation provides the specific security (technological and chemical composition and performance provisions) requirements to be observed by the group of products and materials made from regenerated cellulose that are into direct contact with food (certain processing procedures; packaging and/or similar). These rules will apply to regenerated cellulose film which comes into contact with food as the final product, part of the finished product also containing other materials. These rules will not apply to synthetic casings of regenerated cellulose. This Regulation is aligned with various Council Directives related to the subject here defined. The Annex is an integral part of this Regulation."
Influencing Market Trend
- The increasing demand for the biodegradable nature of Cellulose film packaging
- The growing demand from food & beverage and personal care industries
- Consumers across the globe are becoming increasingly aware of plastic products and their impact on the environment
- Increasing FDA investment in the chemical industry is expected to increase the demand for the cellulose film
- The rise in production of sustainable products derived from a renewable source coupled with low environmental impact
- Increase in research activities in terms of usage of cellulose films in niche applications
- Stiff Competition from Bio-Polylactic Acid (PLA)
- The continuous fluctuations in the cost of raw materials
Key Target AudienceCellulose Film Providers, Government Regulatory Bodies, Government Research Organizations, Private Research Organisations and Others
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