Global Cellulose Films Market Size, Trends and Forecasts, 2014 To 2020: Grand View Research, Inc

Volatile petrochemical prices and depletion of fossil fuel reserves are expected to drive the global cellulose films market over the forecast period. Cost effective alternative to conventional petrochemicals is expected to act favorable to the cellulose films market. Growing demand for renewable and sustainable feedstock usage is expected to drive the cellulose film demand over the next six years. Favorable environmental norms & regulations are expected to be helping the market growth over the forecast period. Bio-based polylactic acid is a potential threat to cellulose films in terms of their mechanical properties and good tensile properties. End-use applications include mulch films, packaging, containers, hygiene disposables, textile sizing agents and adhesives.

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Asia Pacific emerged as the dominant regional cellulose films market in 2013 owing to rapid growth in industrialization rate in emerging countries such as China and India. Population growth and increase in disposable income among the consumers are expected to have positive impact on the regional market. South America cellulose films market is also expected to witness significant growth over the forecast period. These emerging countries are naturally benefitted as there is easy access to feedstock. Strict environmental norms for reducing release of green house gases in the environment in Europe are expected to be beneficial to the regional market. North America is expected to witness considerate growth over the forecast period owing to growing demand for cellulose films in Mexico. Global cellulose films market is highly concentrated and penetrating the market is next to impossible for new entrants. 

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