Lyocell Fiber Market Trends 2024 | Sustainable Textiles, Growth Forecast & Top Manufacturers - Smartfiber AG, Chonbang Co., Ltd., Aditya Birla Group.

The Global lyocell fiber market reached USD 1.4 billion in 2022 and is expected to reach USD 2.3 billion by 2031, growing with a CAGR of 8.1% during the forecast period 2024-2031.

Lyocell Fiber Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Lyocell fiber market focuses on eco-friendly, biodegradable fibers made from wood pulp, often used in textiles and fashion. Known for their softness, breathability, and strength, Lyocell fibers are popular in sustainable clothing, home textiles, and personal care products. With rising demand for green alternatives, this market is growing rapidly across both the apparel and industrial sectors.

List of the Key Players in the Lyocell Fiber Market:

Lenzing AG, Acegreen Eco-Material Technology Co., Ltd., Weiqiao Textile Company Limited, Smartfiber AG, Chonbang Co., Ltd., Aditya Birla Group, Baoding Swan Fiber Co. Ltd., Nien Foun Fiber, Zhejiang Yaojiang Industrial Group and China Populus Textile Ltd.

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Industry Development:

On March 10, 2022, Birla Cellulose, the fiber division of India's Grasim Industries Ltd., announced a significant breakthrough in sustainable textiles. The company successfully completed a pilot-scale production of lyocell fiber containing 20% Nanollose microbial cellulose-a move that highlights its commitment to eco-friendly innovation in the fiber industry.

On April 11, 2023, the Lenzing Group introduced an upgraded version of its lyocell shortcut fiber, specially designed for the flushable wipes market. The enhanced product offers excellent dispersibility, meeting the growing demand for sustainable and truly flushable hygiene products.

Growth Forecast Projected:

The Global Lyocell Fiber Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Lyocell Fiber Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Lyocell Fiber Market:

By Fabric: Woven Fabric, Non-Woven Fabric.

By Application: Medical, Electrical, Apparels, Automotive, Other.

Regional Analysis for Lyocell Fiber Market:

The regional analysis of the Lyocell Fiber Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Lyocell Fiber market?

➠ Who are the leading manufacturers in the global Lyocell Fiber industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Lyocell Fiber industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Lyocell Fiber market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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