Regenerated cellulose Market size is valued at USD 15,634.8 million in 2021 and is poised to grow at a significant CAGR of 5.5% over 2022–2028. Regenerated fibre is synthesized via a viscous technique, in which the cellulose portion of plant fibre dissolves in chemicals and transforms back into fibre. Regenerated fibre is also known as “regenerated cellulose fibre” since it includes cellulose, much like cotton do. Natural cellulose is transformed into a soluble cellulosic variant and then regenerated to create a class of materials that often takes the shape of a fibre or a film. Regenerated cellulose is mostly used in tyre cords, medical supplies, feminine hygiene products, bioplastic films, clothing, and other products. End use Applications for regenerated cellulose include agriculture, packaging, textiles, and other fields. The market for regenerated cellulose is growing more quickly due to the increasing demand for rayon and increasing global demand for eco-friendly textiles. Regenerated cellulose is widely used in the textile industry, therefore demand for this fibre is anticipated to fuel the regenerated cellulose market growth rate. Regenerated cellulose has relatively higher cost of production may restrict market growth. Additionally, lack of knowledge about technological fabrics among potential customers, which has lowered the product accessibility rate. During the projected period, these factors have somewhat slowed down global regenerated cellulose market growth rate.
In March 2022, A contract for the supply of premium LIVA REVIVA fibres was signed between Grasim Industries Limited and Swedish textile-to-textile recycling pioneer (Renewcell).
In May 2022, Lenzing AG and UTEXBEL worked together to create uniforms of the FPS justice for Justice security officers.