| Product Code: ETC104324 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The regenerated cellulose market in Thailand is estimated to reach a value of USD 867.7 million, growing at an impressive CAGR of 6.6%. The demand for regenerated cellulose, also known as viscose and rayon, has grown significantly over the past few years due to its cost-effectiveness and wide range of applications in various industries such as apparel & textile, automotive and medical devices among others.
The Thailand regenerated cellulose market is fueled by the growing awareness and adoption of sustainable and eco-friendly materials. Regenerated cellulose, obtained from renewable sources like wood pulp, offers a biodegradable alternative to various synthetic materials. With increasing environmental concerns and regulations, industries such as textiles, packaging, and electronics are seeking sustainable solutions. The versatility of regenerated cellulose in applications like textiles, films, and specialty papers further contributes to its market growth.
Challenges in the Thailand regenerated cellulose market include addressing environmental concerns related to the sourcing and production of cellulose. Sustainable practices and sourcing methods are crucial to maintain ecological balance. Additionally, maintaining consistent quality and properties while using recycled or regenerated cellulose sources can be technically challenging.
The Thailand regenerated cellulose market faced obstacles during the pandemic as supply chains were disrupted, affecting the sourcing of raw materials. Additionally, decreased consumer spending on textiles and apparel impacted the demand for regenerated cellulose-based fabrics. However, sustainable and eco-friendly trends continued to support the market`s long-term prospects. As the world shifted towards more sustainable practices, the market`s recovery could be driven by increased awareness of its environmental benefits.
Thailand regenerated cellulose market, companies such as Sappi Biotech and Thai Rayon Public Company Limited are noteworthy participants. These companies are engaged in producing regenerated cellulose fibers, used in textiles and various industrial applications, contributing to the sustainable and eco-friendly material landscape.
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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