The versatility of lyocell fibers is one of the primary growth factors of the lyocell fiber market. The versatility and high-performance feature of lyocell fiber influence their usage in manufacturing woven and non-woven textile products. Lyocell fibers offer versatile properties such as moisture absorbance, temperature resistance, versatile dyeing, and high tensile strength. These properties of lyocell fibers encourage their use in the industrial, technical, and apparel sector to meet the changing industry and consumer demands.
Furthermore, the growing number of new applications is one of the critical trends gaining traction in the market. Lyocell fibers are extensively used in various applications in the industrial and technical textiles, medical, and hygiene sector. These fibers provide features such as moisture absorbability, dress comfortability, softness, and high comparative strength in both dry and wet states. Additionally, these fibers have low shrinkage properties and retain their stability after multiple washes. As these fibers are made using organic and non-toxic solvents, these fibers are demanded in sensitive medical applications such as wound care products, surgical gowns, drapes, and tampons. Consequently, the versatility of lyocell fiber coupled with the growing number of new applications will drive the market to register a CAGR of close to 8% during the forecast period.
Top lyocell fiber companies covered in this market research report
The lyocell fiber market is moderately fragmented with companies focusing on continuous R&D activities to launch high-quality products. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this lyocell fiber industry analysis report will aid clients to assess the market potential and improve the market shares by formulating effective business strategies.
The report offers a complete analysis of various companies including:
Acelon Chemicals & Fiber Corporation
China Populus Textile
Xinxiang Sunshining Textiles
Lyocell fiber market segmentation based on geographic regions
With a complete study of the growth opportunities for the companies, the APAC region will account for the highest lyocell fiber market share throughout the forecast period owing to the increasing consumption of lyocell fibers in the apparel and baby diapers sectors. The demand for apparels and baby diapers is increasing in China and India owing to the ever-rising population and substantial economic growth in China and India, resulting the region to account for the highest growth in the forthcoming years.
Lyocell fiber market segmentation based on application
Medical and others
The apparel application segment will account for the highest lyocell fiber market share during the forecast period owing to their increasing adoption for manufacturing apparels including dresses, coats, jeans, denim, and other casual wear. The demand for lyocell fiber will be highest from the apparel application segment as they are biodegradable and environment-friendly. The report also offers an accurate prediction of the contribution of the various application segments to the growth of the lyocell fiber market size.
Key highlights of the global lyocell fiber market for the forecast years 2018-2022:
CAGR of the market during the forecast period 2018-2022
Detailed information on factors that will accelerate the growth of the lyocell fiber market during the next five years
Precise estimation of the global lyocell fiber market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the lyocell fiber industry across the Americas, APAC, and EMEA
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details on the factors that will challenge the growth of lyocell fiber companies
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