Lucintel Forecasts the Global Cellulose Sponge Market to Reach $2 Billion by 2030
Lucintel Forecasts the Global Cellulose Sponge Market to Reach $2 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global cellulose sponge market looks promising with opportunities in the household, automotive, chemical, cosmetic, medical, monofilament, and packaging markets. The global cellulose sponge market is expected to reach an estimated $2 billion by 2030 at a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are rapid population growth in both developed and emerging nations, an increase in the import and export of different skincare and cosmetics goods, technological advancements, and a greater emphasis on the cosmetics industry.
A more than 150-page report to understand trends, opportunity and forecast in global cellulose sponge market to 2030 by type (synthetic and natural), raw material (hemp fiber, sodium sulfate crystal, softener, wood pulp, flax, polyester, and others), application (household, automotive, chemical, cosmetic, medical, monofilament, packaging, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that automotive will remain the largest segment over the forecast period due to rapid rise in transport and logistics activities.
APAC is expected to witness highest growth over the forecast period due to rise in R&D activities, advancements in technology in medicine, as well as, used as a compression bandage and pop-up plasters during blood sampling process.
Toray Fine Chemicals, ACME sponge, Spontex, Corazzi, Spongezz, Sponge Technology, Suvic Products, Bruske, Kalle, Americo Manufacturing are the major suppliers in the cellulose sponge market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056