Lyocell Fiber Market Potential Growth, Top Manufacturer Analysis and Forecast to 2023

in #fiber6 years ago

10th December 2018 - 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.

Key vendors
• Lenzing AG
• China Hi-Tech Group Corporation
• Shangtex Holding Co. Ltd.

Key Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

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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.

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