The cellulosic fibers market in early 2020 was seen as very buoyant 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 fibers showed a reduction in demand in 2020.
According to major cellulosics producer Sateri, Shanghai/China, a decline in demand for viscose textile fibers 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 2014-2019, there was healthy, double digit demand growth for cellulosic fibers into nonwovens.
Negative factors for demand for synthetic fibers include higher crude oil prices and higher freight costs worldwide. There is a more difficult climate too for expensive, high quality materials as consumers look to reduce costs post-corona. This gives synthetic fibers such as polyester, with comparatively low production costs, some advantage.
Following the report last year by market research organization Tecnon OrbiChem, London/UK, on cellulosic fibers based on the International Conference on Cellulose Fibres in February 2020, hosted by nova-Institute GmbH, Hürth/Germany, an outlook for cellulosic fibers developed in the past year based on reports at this year’s conference has been done.