Press release
Lyocell Fiber Market to reach US$ 1.71 Billion by 2027, Growing at a CAGR of 6.97% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Lyocell Fiber Market Drivers:
The widespread adoption of lyocell fiber across various industrial verticals can be attributed to the increasing need for versatile and sustainable cellulose fiber to fabricate multiple, non-woven products. This, in turn, represents the prime factor driving the market growth. Additionally, the rapid expansion in the manufacturing industry has facilitated the adoption of n-methyl morpholine-N-oxide (NMMO) as a solvent for direct dissolution of cellulose in the lyocell-making process, while conserving resources, which is propelling the market growth. Other factors, such as rising environmental concerns and strategic collaborations amongst key players for engineering high-performance, eco-friendly fabrics, including lyocell fiber, are further contributing to the market growth.
Lyocell Fiber Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global lyocell fiber market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Lenzing AG
Acegreen Eco-Material Technology Co., Ltd.
Aditya Birla Group
Baoding Swan Fiber Co. Ltd.
Chonbang Co., Ltd.
Weiqiao Textile Company Limited
Zhejiang Yaojiang Industrial Group
China Populus Textile Ltd.
Great Duksan Corp.
Qingdao Textiles Group Fiber Technology Co., Ltd.
Smartfiber AG
Acelon Chemicals & Fiber Corporation
Key Market Segmentation:
The report has segmented the global lyocell fiber market on the basis of product, application and region.
Breakup by Product:
Staple Fiber
Cross-Linked Fiber
Breakup by Application:
Apparel
Home Textiles
Medical and Hygiene
Automotive Filters
Others
Breakup by Region:
Asia Pacific
North America
Europe
Middle East and Africa
Latin America
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/lyocell-fiber-market
Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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