Business Market Updates Top Stories World News

Best Market Research on Lyocell Fiber Market, Industry / Sector Analysis Report, Regional Outlook & Competitive Market Share & Forecast, 2019 – 2025

Press Release

Trusted Business Insights presents the Updated and Latest Study on Lyocell Fiber Market 2019-2025. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.

Get Sample Copy of this Report @ WorldWide Lyocell Fiber Market, Industry / Sector Analysis Report, Regional Outlook & Competitive Market Share & Forecast, 2019 – 2025

Abstract, Snapshot, Market Analysis & Market Definition: Lyocell Fiber Market
Industry / Sector Trends

Lyocell Fiber Market size was over USD 850 million in 2016 and is anticipated to witness growth at a CAGR of around 8% over the forecast timespan owing to its extensive usage in various end-use industries including home textiles, apparels, and medical equipment.

U.S. Lyocell Fiber Market Size, by Application, 2013 – 2024 (USD Million)

The population has been continuously rising over the past few years. The rising per capita income of the people in Asia Pacific has fueled the textile and apparels industry growth. Robust economic growth has noticeably escalated the textiles demand. The increasing demand along with ongoing innovations in the textile manufacturing will drive the global lyocell fiber market in coming years. The product possesses high strength, especially in wet state. It has high durability and doesnt shrink, which makes it a preferred choice for home textiles and apparels. It can easily blend with other fibers and can be dyed to provide desirable decorative effects. The product fibrillates under certain conditions which imparts aesthetics to the fabric.

The rapid development in the healthcare industry has also boosted the lyocell fiber market. The growing awareness of using sterilized products coupled with the increasing popularity of biodegradable fibers is likely to drive the lyocell fiber market. The antibacterial properties of the product make it suitable to be used for surgical products.

The product manufacturing involves a closed loop process, wherein solvents and chemicals employed can be used again. The eco-friendly manufacturing process is also a major factor that will propel the lyocell fiber market growth. The chemicals used in the manufacturing process do not pose a threat to the environment as they are used in small quantities. These factors will have a positive influence on the lyocell fiber market.

The factor which can obstruct the lyocell fiber market is the fact that the fiber is expensive than its counterparts such as rayon, linen, ramie, and cotton. This makes the apparel manufacturers to use the substitutes and thus restrains the industry growth. Developing technology to reduce the production cost may lower the factor impact in coming years.

Market Segmentation, Outlook & Regional Insights: Lyocell Fiber Market

Lyocell Fiber Market, By Product

The lyocell fiber market can be bifurcated into staple fiber and cross-linked fiber. The staple fiber has several applications in towels, denim, casual wear, etc. It can be easily separated into fibrils. Cross-linked fiber has low fibrillation capacity, which makes it resistant to regeneration process, thus, making it unsuitable feedstock for the processes.

The cross-linked fiber is not easily biodegradable, owing to its low fibrillation property. Landfill, composting and incineration can be used to decompose the fiber. Cross-linked fibers can be used in many filter applications and gives a silkier texture than the staple fiber. The major applications of cross-linked fiber are in jersey fabric, woven fabric, and knitwear.

Lyocell Fiber Market, By Application

The lyocell fiber market is segmented on the basis of applications into apparels, home textiles, surgical products, baby diapers, automotive filters and others such as vehicle carpeting, cigarette filters, etc. The apparels segment has dominated the lyocell fiber market and will continue to do so over the forecast period, owing to the desirable properties such as softness and absorbent qualities. This segment includes casual wear, denims, knitwear, sportswear, coats, and a variety of products. In 2016, the apparels segment accounted for more than half of the global lyocell fiber market. This segment has significantly contributed to the economies of the countries with the aid of online retail.

Apparels segment is followed by home textiles, which include bed sheets, drapes, curtains, and carpets. This segment had more than 20% share of the overall lyocell fiber market in 2016. The product is used in several medical accessories such as absorbent pad, wound-contact layer, elastic and non-elastic bandages, compression bandages, gauze dressing and wipes used in the operation theatre.

The product is used in non-woven apparels such as baby diapers, surgical swabs, and filtration applications, as it has better moisture absorbency than its substitutes. It also finds application in dehumidification sheets and a precursor for carbon fiber. In automotive sector, the product is used for seat covers, battery separators, etc.

Lyocell Fiber Market, By Region

The regional analysis has been carried out for North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Asia Pacific has contributed the highest in terms of volume and revenue and is estimated to grow with the rising trend. Lyocell fiber market demand has been triggered by growing textiles industry and improved living standards. The region held a market value of over USD 550 million in 2016 and will grow at a robust pace.

With increasing apparel exports, the manufacturers in the U.S. have designed new strategies to compete in the industry. Mexico represents a significant market for textiles. Several apparel brands have expanded their business in Mexico which will augment the product demand. The lyocell fiber market demand is anticipated to increase in Europe, owing to the presence of numerous textile industries in France, Germany, and UK.

Key Players, Recent Developments & Sector Viewpoints: Lyocell Fiber Market

Lenzing AG, Acegreen Eco-Material Technology Co., Ltd., Aditya Birla Group, Baoding Swan Fiber Co. Ltd., Nien Foun Fiber, Chonbang Co., Ltd., Weiqiao Textile Company Limited, Zhejiang Yaojiang Industrial Group, China Populus Textile Ltd., Great Duksan, Qingdao Textiles Group Fiber Technology Co., Ltd., Smartfiber AG, and Acelon Chemicals & Fiber Corporation are some of the major companies in the lyocell fiber market.

A low degree of backward integration characterizes the industry ecosystem as apparel manufacturers often tend to manufacture their own fibers. Also, the fiber producers such as Lenzing AG manufacture raw materials for product manufacturing.

Industry Viewpoint

Lyocell fiber has been a milestone in the evolution of eco-friendly and sustainable textiles. It is man-made fiber derived from wood pulp. It is a cellulosic fiber manufactured by the process of solvent spinning. The cellulose is a natural polymer which is found in the cells of the plants. For lyocell fiber production, cellulose is derived from hardwood trees. Other ingredients involved in the production include water, solvent and a finishing agent. The product imparts excellent luster and color depth to fabrics. The increasing demand for superior quality garments will positively influence the lyocell fiber market growth

What are the Key Insights Covered: Exhaustive Lyocell Fiber Market
1. Market size (sales, revenue and growth rate) of Lyocell Fiber industry.
2. Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Lyocell Fiber industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Lyocell Fiber industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Lyocell Fiber industry.

Research Methodology: Lyocell Fiber Market

  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.

 

Quick Read Table of Contents of this Report @ WorldWide Lyocell Fiber Market, Industry / Sector Analysis Report, Regional Outlook & Competitive Market Share & Forecast, 2019 – 2025

Contacts

Trusted Business Insights
Shelly Arnold
Media & Marketing Executive
Email Me For Any Clarifications
US: +1 646 568 9797
UK: +44 330 808 0580

This post was originally published on Downey Magazine