by Dissolving pulp is a highly purified form of pulp with high cellulose content and low lignin content, which enables dissolution and utilization in various applications. It is majorly used in the production of regenerated cellulose fibers that finds applications in clothing, healthcare products such as wound care pads and surgical gowns. The demand for viscose fibers in textile applications is increasing owing to its soft texture and moisture absorbency. Viscose fibers which are manufactured from dissolving pulp are gaining traction as an affordable alternative to cotton. Regions such as Asia Pacific are witnessing growth in the textile industry due to lower labor costs, contributing to higher demand for viscose fibers.
The global Dissolving Pulp Market is estimated to be valued at US$ 1.67 Mn in 2024 and is expected to exhibit a CAGR of 17% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends prevailing in the global dissolving pulp market size is growing focus on eucalyptus-based dissolving pulp. Eucalyptus trees are characterized by high cellulose content and rapid growth rates which make them suitable for dissolving pulp production. Countries such as Brazil dominate eucalyptus cultivation and are emerging as large producers. Additionally, suppliers are investing in research to improve eucalyptus genetics in order to drive higher yields for pulp production. Availability of eucalyptus pulp at competitive prices could support overall market growth over the forecast period.
Porter’s Analysis
Threat of new entrants: The dissolving pulp market requires high capital investments for setting up manufacturing plants and R&D facilities. This poses medium threat of new entrants.
Bargaining power of buyers: The dissolving pulp market has several small and medium manufacturers along with a few large players globally. This leads to medium bargaining power of buyers.
Bargaining power of suppliers: The key raw materials required are wood and chemicals. The availability of raw materials from various global sources results in low bargaining power of suppliers.
Threat of new substitutes: There exist few substitutes for dissolving pulp such as viscose and modal. This poses low threat from substitutes.
Competitive rivalry: The market is consolidated with top players occupying major market share. This leads to high competitive rivalry.
Key Takeaways
The global dissolving pulp market is expected to witness high growth. The global Dissolving Pulp Market is estimated to be valued at US$ 1.67 Mn in 2024 and is expected to exhibit a CAGR of 17% over the forecast period 2023 to 2030.
Regional analysis: Asia Pacific is the fastest growing as well as largest market for dissolving pulp. China dominates the Asia Pacific market with over 50% market share due to favorable government policies and increasing textile industry.
Key players: Key players operating in the dissolving pulp market are Makana Beverages LLC, Kombucha Wonder Drink, KeVita LLC, Humm Kombucha LLC., Reed’s Inc., Carpe Diem, NessAlla Kombucha, Live Soda LLC, Kosmic Kombucha, Buchi Kombucha, GT’s Living Foods, Hain Celestial Group, Hudson River Foods, Mojo Beverages, Remedy Kombucha Pty. Ltd., Revive Kombucha, Rok Kombucha, Tonicka Kombucha.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
