Sugar Cane Pulp Market Segmentation, Industry Outlook and Forecasts
21 May 2019, Global sugar cane pulp market is expected to grow at a significant CAGR in the
upcoming period as the scope and its applications are rising enormously across
the globe. Sugar cane pulp is a raw by-product of sugarcane waste that is
compostable and organic in nature. After extraction of juice, the remaining
sugarcane fiber pulp is termed as bagasse. It comprises 25% hemi-cellulose and
50% cellulose and the similar percent of lignin. It is available at the site of
sugarcane production in the subtropics and tropics.
Liquefying pulps are transformed into products like rayon
and cellulose acetate. It is universally accepted that eliminating 30% of the
shortest bagasse fibers is essential for making pulp of satisfactory quality.
The factors that are playing a major role in the growth of sugar cane pulp
market are the growing demand from manufacturers for the development of
eco-friendly products. However, the high cost of products and the presence of
alternatives may restrain overall market growth in the years to come. The
market is segmented based on types, application, and region.
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Pressed cane stalks or farm bagasse and factory bagasse
are the types that could be explored in the market in the forecast period. The
market may be categorized based on applications like nanocellulose, packaging
and boxes, tissues, fuel, photocopier and writing paper, animal feed, and
others could be explored in sugar cane pulp in the forecast period. The fuel
sector comprises biogas production and electricity production.
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| Sugar Cane Pulp Market |
Asia Pacific accounts for the largest share of sugar cane
pulp market and is estimated to lead the overall market in the years to come.
The reason behind the overall market growth could be, large production of
sugarcane in developing countries like India and China. India is the world’s
major consumer and the second largest producer of sugar. The Indian sugar
industry is the second largest industry in the country that produces excess
exportable influence over cogeneration thus playing a key catalytic role in the
socio-economic transformation of the rural population.
However, the overall market is topped by Brazil. In
addition, Europe and North America are also estimated to have a positive
influence on future growth. However, North America is estimated to grow at the
fastest pace in the years to come. The key players of sugar cane pulp market
are Visfortec Pvt. Ltd., EcoSave, Green Home LLC, Vegware, Natural Tableware
Inc., Nova Envirocom, Beijing Mercurius Technology Co., Ltd., EcoPack, Bamblu
LLC, Little Cherry Ltd., and Saattvic EcoCare Products. These players are
concentrating on inorganic growth to sustain themselves amidst fierce
competition.
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