Cellulose fibre market to reach $24 billion in five years
26/07/2013
It is forecast to increase at an annual rate of 9.8% during the five year period.
In terms of volumes, the annual global demand was 4,763 kilo tons in 2011 with the clothing industry using 60%; and is expected to reach 7,814 kilo tons by 2018, growing at an annual rate of 7.5%.
The top four companies account for just over 40% of the total market and the most important players include Aoyang, Fulida, Grasim Industries, Helon, Indo Bharat, Lenzing, Sateri, Tangshan and Thai Rayon, according to Transparency.