Lyocell Fiber Market - Global Outlook By Industry Facts, Size, Sales, Growth, Applications, Products, Revenue & Forecast 2023
12 Aug 2019 - The Global Lyocell
Fiber Market is anticipated to
rise at a CAGR of 7.27% during the forecast period. The market is driven by
rise in apparel segment accounting for a major share in the global market. The
features offer superior absorbent and ductile qualities for home textiles. In
addition, biodegradability of Lyocell are likely to contribute to the market
growth during the forecast period.
Extensive
use of Lyocell in manufacture of baby diapers and surgical products are most
likely to propel the market growth during the forecast period. Lyocell is
widely used in the fiber and apparel industry, which is directly proportional
to manufacture of textiles. Rising awareness in consumers towards the use of
decontaminated products is anticipated to drive the market growth.
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The
market is segmented by product into cross-linked fiber and staple fiber.
Application segment for Lyocell fiber market comprises surgical products,
apparels, home textiles, automotive filters and baby diapers.
Market
is geographically segmented as North America, South America, Europe, Asia-Pacific,
Middle East and Africa. Asia-Pacific regions are likely to account for a
significant CAGR during the forecast period owing to significant population and
rise in improvement in standard of living. Rapid urbanization and increasing
consumerism in APAC sector triggers the market growth for the forecast period.
North
America and European market is most likely to gain a higher traction during the
forecast period as the markets are highly developed and the demand for Lyocell
is expected to grow during this period.
The
key players profiled in the lyocell fiber market include Acegreen Eco-Material
Technology Co Ltd, Aditya Birla Group, Baoding Swan Fiber Co Ltd, Neien Foun
Fier Chonbang Co Ltd, Zheijang Yaojiang Industrial Group, Weiqiao Textile
Company Limited, China Populous Limited, Akzo Nobel, Smartfiber AG and Qingdao
Textiles Group Fiber Technology Co Ltd.
Market Segment:
Report contents include
•
Analysis of the lyocell fiber market including revenues, future growth, market
outlook
•
Historical data and forecast
•
Regional analysis including growth estimates
•
Analyzes the end user markets including growth estimates.
•
Profiles on lyocell fiber including products, sales/revenues, and market
position
•
Market structure, market drivers and restraints.
Key Regions
•
North America
•
Europe
•
Asia Pacific
•
Middle East and Africa
•
South America
Key Vendors
•
Lenzing AG
•
China Hi-Tech Group Corporation
•
Shangtex Holding Co. Ltd.
•
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