Wood-Based Fibers Market

• In December 2021, West Fraser, a multi,national wood products corporation with 60+ locations across different regions like U.K., U.S., Canada and Europe, acquired the oriented strand board (OSB) mill near Allendale, South Carolina.

• In April 2022, Weyerhaeuser announced a USD 265 million contract to acquire 80,800 acres of premium quality timberlands in North and South Carolina from a Campbell Global,managed fund. Inside the company's Southern Timberlands segment, the acquisition is expected to produce harvest tons per acre and portfolio,leading cash flow.

The global wood-based fibers market can be segmented based on product type, application, and region. By product type, the market is primarily divided into rayon, lyocell, modal, and others. Rayon holds a significant share due to its extensive use in the textile industry for manufacturing various clothing items, home textiles, and non-woven products. Lyocell and modal fibers are gaining traction for their superior properties, such as higher strength, better moisture management, and biodegradability, making them ideal for high-performance and sustainable textile applications. Innovations in fiber processing and the development of eco-friendly production techniques are further enhancing the appeal and demand for these fibers.

In terms of application, the market is segmented into textiles, paper and pulp, and others, including packaging and hygiene products. The textile segment dominates the market, driven by the increasing preference for natural and sustainable fibers in the fashion and apparel industry. The paper and pulp industry also contributes significantly to the market, with wood-based fibers being a key raw material for producing high-quality paper products. Regionally, Asia-Pacific is the leading market for wood-based fibers, supported by robust textile manufacturing hubs in countries like China, India, and Bangladesh. North America and Europe follow, driven by a strong emphasis on sustainability and eco-friendly materials in various industries. The demand for wood-based fibers in these regions is expected to grow as consumers and manufacturers alike prioritize environmental conservation and sustainable practices.

Global Wood-Based Fibers Market Analysis

The Global Wood-Based Fibers Market has been segmented by Type, Application and Geography.

Global Wood-Based Fibers Market, Segmentation by Type

The Global Wood-Based Fibers Market has been segmented by Type into Viscose, Modal, Lyocell, Cupro and Others.

The Global Wood-Based Fibers Market can be segmented by type into Viscose, Modal, Lyocell, Cupro, and Others. Viscose, also known as rayon, is the most widely used wood-based fiber, primarily due to its versatility and cost-effectiveness. It is extensively utilized in the textile industry for manufacturing apparel, home textiles, and non-woven products. Despite facing competition from synthetic fibers, viscose continues to be favored for its natural feel, breathability, and ability to blend well with other fibers. Modal, derived from beech trees, is known for its superior softness, high wet strength, and excellent dye retention, making it ideal for luxury textiles and intimate wear.

Lyocell, a relatively newer entrant, is gaining popularity for its eco-friendly production process and exceptional performance characteristics such as high strength, moisture management, and biodegradability. It is widely used in high-performance textiles and applications requiring sustainability. Cupro, made from cotton linter, offers a silk-like texture and is often used in high-end fashion and lining fabrics. The "Others" category includes various niche and specialized fibers that cater to specific market demands. As consumer awareness regarding sustainable and environmentally friendly products grows, the demand for these diverse wood-based fibers is expected to increase, driving further innovation and expansion in the market.

Global Wood-Based Fibers Market, Segmentation by Application

The Global Wood-Based Fibers Market has been segmented by Application into Apparel & Textile, Healthcare, Automotive & Transportation and Others.

The Global Wood-Based Fibers Market has been segmented by application into Apparel & Textile, Healthcare, Automotive & Transportation, and Others. The Apparel & Textile segment holds the largest share, driven by the increasing demand for sustainable and eco-friendly fabrics. Wood-based fibers such as viscose, modal, and lyocell are extensively used in the production of clothing, home textiles, and fashion accessories due to their softness, breathability, and comfort. These fibers are particularly favored in the fashion industry for their natural feel and ability to blend seamlessly with other materials, aligning with the growing consumer preference for sustainable and biodegradable textiles.

In the Healthcare segment, wood-based fibers are gaining traction for their use in medical textiles, hygiene products, and disposable garments. The fibers' hypoallergenic properties and biodegradability make them suitable for medical applications, contributing to the reduction of medical waste. In the Automotive & Transportation sector, wood-based fibers are used in the production of interior materials, seat covers, and composites, offering a lightweight and sustainable alternative to traditional materials. The "Others" category includes applications such as packaging, agriculture, and construction, where the use of wood-based fibers is expanding due to their environmental benefits and versatility. As industries increasingly adopt sustainable practices, the demand for wood-based fibers across these diverse applications is expected to grow, driving further market expansion and innovation.

Global Wood-Based Fibers Market, Segmentation by Geography

The Global Wood-Based Fibers Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Wood-Based Fibers Market Share (%), by Geographical Region, 2024

The Global Wood-Based Fibers Market has been segmented by geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America and Europe are significant markets for wood-based fibers, driven by strong environmental regulations and a growing consumer preference for sustainable products. In these regions, the textile and fashion industries are increasingly adopting wood-based fibers such as viscose, modal, and lyocell due to their eco-friendly attributes. Additionally, the packaging industry in North America and Europe is transitioning towards biodegradable and renewable materials, further bolstering the demand for wood-based fibers.

Asia Pacific, however, stands out as the largest and fastest-growing market for wood-based fibers. This growth is primarily due to the robust textile manufacturing sectors in countries like China, India, and Bangladesh, where there is a high demand for cost-effective and versatile fibers. The region's expanding middle-class population and rising disposable incomes are also driving the demand for sustainable and high-quality textiles. Meanwhile, the Middle East and Africa, along with Latin America, are emerging markets with increasing adoption of wood-based fibers, spurred by growing awareness of environmental sustainability and the expansion of the textile and automotive industries. These regions present significant growth opportunities as they continue to develop their manufacturing capabilities and embrace eco-friendly materials.

This report provides an in depth analysis of various factors that impact the dynamics of Global Wood-Based Fibers Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Key players in Global Wood-Based Fibers Market include:

• Aoyang Technology
• Asahi Kasei Corporation
• Bracell
• Grasim Industries Limited
• Lenzing
• Rayonier Advanced Materials
• Shandong Yamei
• Sappi

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis