MARKET INTELLIGENCE & DATA INSIGHTS

Chemical Business Focus
A monthly roundup & analysis of the key factors shaping world chemical markets
Green-right-arrow
Global Chemical Data
Comprehensive, on-line data & statistics. History, forecasts & analysis
Green-right-arrow
Chem-Netfacts
Chemical market insight - on a single page
Green-right-arrow
Chem-Foresight
Price projections - set in crude oil price scenarios
Green-right-arrow

CONSULTING SERVICES

Specialist and Strategic Advisory Services

HIGHLIGHT OFFER

Lorem ipsum dolor sit amet, consectetueradipiscing elit, sed diam nonummy nibheuismod tincidunt ut laoreet doloremagna aliquam erat

Main Menu

Following Tecnon OrbiChem’s report last year on Cellulosic Fibres based on the Nova-Institute Cellulosic Fibres conference, how has the outlook for cellulosic fibres developed in the past year based on reports at this year’s conference?

The market in early 2020 was seen as very buoyant for cellulosic fibres although overall growth rates were not more than 2.5% in 2019. Now, in the light of COVID-19, the picture has changed. On a world basis, most synthetic fibres showed a reduction in demand in 2020. According to major Chinese cellulosics producer Sateri, a decline in demand for viscose textile fibres has been seen in the last year albeit compensated by a swing to the demand for, and production of, nonwovens. Even before this, in the period 2014 to 2019, there was healthy, double digit demand growth for cellulosic fibres into nonwovens.

Negative factors for demand for synthetic fibres include higher crude oil prices, higher freight costs worldwide, according to Andreas Engelhardt of “The Fiber Year’’. There is a more difficult climate too for expensive, high quality materials as consumers look to reduce costs post-COVID. This gives synthetic fibres such as polyester, with low production costs compared with cellulosics, some advantage.

THE READ THE FULL ARTICLE, PLEASE FILL OUT THE FORM BELOW AND WE WILL SEND IT TO YOUR INBOX.

MARKET INTELLIGENCE & DATA INSIGHTS

SIGN UP FOR OUR BLOG

Receive the latest news & insights & news from Tecnon OrbiChem in your email

TALK WITH AN EXPERT

Interested in our petrochemical market intelligence solutions?