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Lyocell Fiber Market 2018 Top Key Players Lenzing AG, Aditya Birla Group, Nien Foun Fiber, Chonbang Co., Ltd., Great Duksan

Lyocell Fiber Market

Lyocell Fiber Market

Strategic partnerships and regional expansions have played a significant role in influencing Lyocell Fiber Market trends over the recent years. For instance, Santoni, a leading Italian firm producing circular knitting machines, has collaborated with Lenzing AG, to produce tencel branded fibers in its new denim undertaking. In a potential bid to raise the overall revenue of its specialty fibers sector, Lenzing AG, one of the key manufacturers in the cellulose fiber industry, is expected to establish a lyocell fiber manufacturing unit in Thailand by 2020, a factor which is forecast to bring about a plethora of changing dynamics in global lyocell fiber market.

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The advent of technology, having already influenced a slew of industries since its inception, will also mark its impact on lyocell fiber industry. Technological innovations have lowered the cost of fiber production and have helped in enhancing the production as well as the quality of fibers. Today, many of the fiber manufacturing firms are focusing on reprocessing and reusing the fibers after the completion of their shelf life, which is expected to offer novel growth opportunities for lyocell fiber market.

Substantial knowledge regarding pediatric sanitation accompanied by an increase in the spending capacity of the consumers have resulted in high demand for baby diapers across the Asia Pacific region. This is one of the key factors which has resulted in the escalating growth of Asia Pacific lyocell fiber industry, which is expected to record a CAGR of 8% over 2017-2024, having attained a revenue of more than USD 550 million in 2015. China, Indonesia, and India are predicted to be the major revenue pockets of APAC. While the decline in infant mortality rates is also predicted to influence the regional share, the thriving non-woven materials sector in Indonesia is expected to spur the product demand over the years to come.

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Qingdao Textile Group Fiber Technology Company Limited, Lenzing AG, Zhejiang Yaojiang Industrial Group Company Limited, Acegreen Eco-Material Technology Company Limited, Zhejiang Yaojiang Industrial Group Company Limited, Baoding Swan Fiber Group Company Limited, Nien Foun Fiber Company Limited, Smartfiber AG, and Acelon Chemicals & Fiber Corporation are the major players of lyocell fiber market.

Lyocell fiber market is expected to carve out a lucrative growth map ahead, subject to its extensive application spectrum. According to a recent report compiled by Global Market Insights, Inc., lyocell fiber industry is set to hit a revenue of over USD 1.5 billion by 2024, registering a CAGR of nearly 8% over the coming seven years.

Chapter 4. Lyocell Fiber Market, By Product
4.1. Lyocell fiber market share by product, 2016 & 2024
4.2. Staple fiber
4.2.1. Market estimates and forecasts, 2013 - 2024
4.2.2. Market estimates and forecasts by region, 2013 – 2024
4.3. Cross-linked fiber
4.3.1. Market estimates and forecasts, 2013 - 2024
4.3.2. Market estimates and forecasts by region, 2013 – 2024

Browse Full TOC @ https://www.gminsights.com/toc/detail/lyocell-fiber-market

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://algosonline.com/news

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