Bleached Linter Cellulose Market: Overview
The global bleached linter cellulose market is anticipated to witness a stellar growth during the forecast period, thanks to the rapidly growing food industry and massive textile business.
Bleached linter cellulose is primarily use to extend shelf life of food products and texture to improve their texture.
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Bleached Linter Cellulose Market: Notable Developments
Some of the prominent players in the bleached linter cellulose market are Georgia Pacific, Linter Pak Co., and GRN Cellulose Pvt. Ltd. These players are focusing on their R&D activities to improve properties of bleached linter cellulose in order to gain a competitive edge.
This can be attributed by the fact that in August 2015, Georgia-Pacific invested close to USD 20 million for research and development of projects at Memphis Cellulose Mills and Cellulose Technology & Innovation Center. This center is known for manufacturing of cotton linter cellulose which are used in LED/LCD display films, currency paper, automotive papers, thickeners for foods and paints, etc.
Bleached Linter Cellulose Market: Key Trends
The global bleached linter cellulose market is expected to experience a major upturn in the coming few years. This is mainly due to the rising disposable incomes and growing urbanization across the globe. This development has a positive impact on number of fashion outlets and supermarket for textiles.
With significant increase in textile industry, the demand for viscose is expected to rise thus offering a boost to the growth of the bleached linter cellulose market the near future.
Growing application of bleached linter cellulose in food items to enhance their smearing on the food item surface to keep them fresh is offer further opportunities for the growth of the bleached linter cellulose market. Furthermore, the growing awareness among consumers regarding zero adverse impact on human health. Such trends are expected to offer a notable impact on the growth of the bleached linter cellulose market in the forecast period.
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Bleached linter cellulose production is largely dependent on the cotton production. However, factors like declining cotton production will restrict the supply for bleach linter cellulose due to increased cotton prices. This is a primary factors expected to impede the growth of the bleached linter cellulose market. Nevertheless, securing cotton supply from other countries such as India, Egypt, etc. is projected to offer several lucrative opportunities for the growth of the bleached linter cellulose market.
Bleached Linter Cellulose Market: Regional Outlook
On the basis region, Asia Pacific is expected to hold maximum share in the bleached linter cellulose market in the coming few years. This is primarily due to the factors such as the presence of huge population coupled with presence of several players in the region. Revenue generated by these players in the region will propel the growth of the market during the coming few years.
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