Press release
Lyocell Fiber Market is Forecasted to Reach US$ 1606.62 Million in 2028, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm has launched a report on the global lyocell fiber market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://stratviewresearch.com/Request-Sample/2087/Lyocell-Fiber-Market.html#form
Report Highlights:
Market Size in 2028: US$ 1606.62 million
Growth (CAGR): 8.13% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Lyocell Fiber Market:
The global lyocell fiber market is segmented based on product type, application type, and region.
Based on product type - The market is segmented as staple fiber and cross-linked fiber. Staple fiber is expected to witness significant growth in the market over the projected period. The growth of the segment is attributed to its various applications in denims, towels, and casual wear.
Based on application type - The market is segmented as apparels, home textiles, surgical products, baby diapers, automotive filters, and others. Apparels are estimated to be the dominating segment of the market during the forecast period on account of their favourable characteristics such as softness and absorbent qualities. On the other hand, home textile is expected to witness significant growth in the market owing to its various applications in medical accessories such as absorbent pads, compression bandages, wound-contact layer, gauze dressing and wipes used in operation theatre.
To know the most attractive segments, click here:
https://stratviewresearch.com/2087/Lyocell-Fiber-Market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is estimated to be the leading region in the market for lyocell fiber during the forecast period. This growth outlook is majorly attributed to the following-
• The region's growth is driven by the growing textile and apparel industries along with improved standard of living in the region.
Likewise, North America and Europe are also estimated to witness significant growth in the market over the projected period. On account of the presence of numerous textile and apparel industry players in the respective regions.
Lyocell Fiber Market Drivers:
Some of the key drivers listed in the report are given below.
• Extensive usage of lyocell fiber in various end-use industries including home textiles, apparels, and medical equipment.
• Furthermore, rapid development in the healthcare industry and growing awareness of using sterilized products along with the growing popularity of biodegradable fibers.
Top Companies in the Lyocell Fiber Market:
Stratview Research has identified the following companies as the top market players.
• Acegreen Eco-Material Technology Co., Ltd.
• Acelon Chemicals & Fiber Corporation
• Aditya Birla Group
• Chonbang Co., Ltd.
• Great Duksan
• Nien Foun Fiber Co., Ltd.
• Smartfiber AG
• The Lenzing Group
• Weiqiao Textile Company Limited
• Zhejiang Yaojiang Industrial Group.
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Lyocell Fiber Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Aramid Fiber Market: https://stratviewresearch.com/165/aramid-fiber-market.html
• Natural Fibers Market: https://stratviewresearch.com/2841/natural-fibers-market.html
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About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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