Fiber medicine

Global Lyocell Fiber Industry to 2029

DUBLIN, July 9, 2021 /PRNewswire/ — The “Lyocell Fiber Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029” report has been added to from ResearchAndMarkets.com offer.

In 2019, the Lyocell fiber market was estimated at more than $970 million, and it is expected to increase at a compound annual growth rate above 7% for the forecast period. This increase is mainly attributable to the growing demand for sustainable fabrics. This report covers all the quantitative aspects of the Lyocell Fiber market and also talks about its key drivers, challenges faced, growth opportunities present in the market and its future prospects.

Lyocell fiber market: overview

Lyocell is a rayon fabric. It is made of cellulose fiber, which is formed by dissolving the pulp and then spinning it dry with a wet jet. This process was first developed in 1972 by American Enka, a manufacturer of rayon fibers. However, the fabric was first created in the 1980s by Courtaulds Fibers, a fabric manufacturer. Unlike viscose rayon, lyocell rayon does not contain hazardous carbon disulfide, which is harmful to employees and the environment. The fabric is used in a wide range of industries including fashion, fabric industry, medical industry, pulp industry and paper industry. Lyocell fiber is so versatile that it can replace cotton, silk, cotton blends and even nylon in the production of sportswear, shirts, bedding, denim, t-shirts, pants and towels. It is an airy, absorbent, durable and soft and breathable fabric.

The market has been categorized and sub-categorized on the basis of type, application, and regional basis. Based on type, staple fibers are expected to dominate due to their growing demand in the textile industry for the production of jeans, towels, t-shirts, and other garments. Filament fibers are expected to grow at a CAGR of around 10% due to the continued increase in demand for denim. However, rising filament fiber production costs will turn textile manufacturers into lyocell fibers. While considering this market on the basis of application, apparel presided over the market with over 45% share for the year 2020.

ECO Concern propels growth as cost issues challenge market growth

The Lyocell fiber market is growing at a tremendous rate due to the growing concern over environmental degradation. With growing environmental awareness, people are turning to natural alternatives for their personal care needs. As a result, many consumers are looking for natural product alternatives. The greater durability of fabrics should also be a chance for industrial growth. Economic factors such as an increase in per capita income and national GDP are also key factors driving the demand for Lyocell fibers in home textiles.

The major disadvantage of lyocell fiber production is its high cost. The fiber itself can be very expensive to produce. Processing lyocell fibers takes time and energy that cannot be combined with cost efficiency. Additionally, due to the inability to utilize advanced technology in the production of lyocell fibers, lack of awareness, undeveloped sales channels may hamper the market growth.

Lyocell Fiber Market: Key Markets and Players

On the basis of regional segmentation, the Lyocell Fiber market is split into North America, Latin America, Europe, Asia Pacific, Middle East and Africa, and Rest of the world.

The Lyocell fiber market is experiencing phenomenal growth due to the increase in disposable income of Asians. With a market share of over 50%, Asia Pacific dominated the world market. Lyocell fibers are becoming increasingly popular in the region, due to increasing population and urbanization in countries like China and India. In terms of growth, North America is expected to grow at the fastest pace, with a compound annual growth rate above 7% between 2021 and 2029 due to increasing sales volume of Lyocell fiber products. In terms of manufacturing, Europe is an important region in the global lyocell fiber market owing to the presence of highly advanced textile industries. Germany expected to be a very profitable market for lyocell fibers in Europe.

The major players in the Lyocell fiber market are Lenzing AG, Acegreen Eco-Material Technology Co. Ltd., Aditya Birla Group, Baoding Swan Fiber Co. Ltd., China Populus Textile Ltd., Acelon Chemicals & Fiber Corp and Smartfiber AG. Industry leaders focus on the development of research and development activities, new product launches. Other players are Zhejiang Yaojiang Industrial Group Limited, Chonbang Co. Ltd, Great Duksan Corp.

Main topics covered:

Chapter 1. Preface

Chapter 2. Executive Summary

Chapter 3. Lyocell Fiber Market: Production Process
3.1. Overview
3.2. Raw material requirements
3.3. Production process
3.4. Main success and risk factors

Chapter 4. Lyocell Fiber Market: Market Dynamics and Future Prospects
4.1. Market overview
4.2. Current scenario: new product launches, increased animal-free testing
4.3. Drivers
4.3.1. Increase in product demand in garment manufacturing industry
4.3.2. Eco-friendly and biodegradable nature
4.4. Challenges
4.4.1. More expensive than other eco-friendly fabrics
4.4.2. Low surface energy, making dyeing difficult
4.5. Opportunities
4.6. Attractive investment proposition, by geography, 2020
4.7. Competitive Landscape (Key Players)
4.7.1. Analysis of mergers and acquisitions
4.7.2. Agreements, Collaborations and Partnership
4.7.3. New product launches

Chapter 5. Lyocell Fiber Market, By Type, 2019-2029 (USD Million)
5.1. Overview
5.2. staple fiber
5.3. cross-linked fiber
5.4. Others

Chapter 6. Lyocell Fiber Market, by Application, 2019-2029 (USD Million)
6.1. Overview
6.2. Clothes
6.2.1. Sportswear
6.2.2. Jeans
6.2.2. Others
6.3. home textiles
6.3.1. Curtains and Carpets
6.3.2. Bedding
6.3.3. Towels
6.3.4. Others
6.4. Medical and Hygiene
6.5. Shoe
6.6. Automotive filters
6.7. Others

Chapter 7. Lyocell Fiber Market, By Geography, 2019-2029 (USD Million)
7.1. Definition and scope
7.2. Regional Market Share Analysis, 2019 & 2029
7.3. Regional Market Dashboard
7.4. Regional market overview
7.5. Regional Market Share Analysis from 2019 to 2029
7.5.1. North America
7.5.2. Europe
7.5.3.Asia-Pacific
7.5.4. Latin America
7.5.5. Middle East and Africa
7.6. SWOT analysis, by factor (political and legal, economic and technological)
7.6.1. North America
7.6.2. Europe
7.6.3. Asia Pacific
7.6.4. Latin America
7.6.5. Middle East and Africa
7.7. Market size and forecast, revenue and trend analysis, 2019 to 2029

Chapter 8. North America Lyocell Fiber Market, Regional Market Analysis, 2019-2029 (USD Million)
8.1. North America Lyocell Fiber Market Analysis, 2019-2029
8.2. North America Lyocell Fiber Market, by Type, 2019-2029 (USD Million)
8.3. North America Lyocell Fiber Market, by Application, 2019-2029 (USD Million)
8.4. North America Lyocell Fiber Market, by Region, 2019-2029 (USD Million)
8.4.1. we
8.4.2. Canada

Chapter 9. Latin America Lyocell Fiber Market, Regional Market Analysis, 2019-2029 (USD Million)
9.1. Latin America Lyocell Fiber Market Analysis, 2019-2029
9.2. Latin America Lyocell Fiber Market, by Type, 2019-2029 (USD Million)
9.3. Latin America Lyocell Fiber Market, by Application, 2019-2029 (USD Million)
9.4. Latin America lyocell fiber market, by region, 2019-2029 (USD Million)
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Mexico

Chapter 10. Europe Lyocell Fiber Market, Regional Market Analysis, 2019-2029 (USD Million)
10.1. Europe Lyocell Fiber Market Analysis, 2019-2029
10.2. Europe Lyocell Fiber Market, by Type, 2019-2029 (USD Million)
10.3. Europe lyocell fiber market, by application, 2019-2029 (USD Million)
10.4. Europe lyocell fiber market, by region, 2019-2029 (USD Million)
10.4.1. UK
10.4.2. Germany
10.4.3. France
10.4.4. Italy
10.4.5. Spain
10.4.6. Rest of Europe

Chapter 11. Asia-Pacific Lyocell Fiber Market, Regional Market Analysis, 2019-2029 (USD Million)
11.1. Asia-Pacific Lyocell Fiber Market Analysis, 2019-2029
11.2. Asia-Pacific Lyocell Fiber Market, By Material Type, 2019-2029 (USD Million)
11.3. Asia-Pacific Lyocell Fiber Market, by Application, 2019-2029 (USD Million)
11.4. Asia Pacific Lyocell Fiber Market, by Region, 2019-2029 (USD Million)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Rest of APAC

Chapter 12. Middle East & Africa (MEA) Lyocell Fiber Market, Regional Market Analysis, 2019-2029 (USD Million)
12.1. Middle East & Africa (MEA) Lyocell Fiber Market Analysis, 2019-2029
12.1.1. Middle East & Africa (MEA) Lyocell Fiber Market, by Type, 2019-2029 (USD Million)
12.1.2. Middle East & Africa (MEA) Lyocell Fiber Market, by Application, 2019-2029 (USD Million)
12.1.3. Middle East & Africa (MEA) Lyocell Fiber Market, by Region, 2019-2029 (USD Million)
12.1.3.1. Saudi Arabia
12.1.3.2. United Arab Emirates
12.1.3.3. South Africa
12.1.3.4. Rest of MEA

Chapter 13. Business Profiles
13.1. Lenzing AG
13.1.1. Company overview
13.1.2. Financial information (subject to data availability)
13.1.3. Application Portfolio
13.1.4. Key developments
13.2. Acegreen Eco-Material Technology Co. Ltd.
13.3. Aditya Birla Group
13.4. Smartfiber AG
13.5. Zhejiang Yaojiang Industrial Group Limited
13.6. Chonbang Co.Ltd
13.7. China Populus Textile Ltd.
13.8. Baoding Swan Fiber Co.Ltd.
13.9. Acelon Chemicals & Fiber Corp
13.10. Great Duksan Corp.

For more information on this report, visit https://www.researchandmarkets.com/r/m8cgzk


Media Contact:

Research and Markets
Laura Wood, senior
[email protected]

For EST office hours, call +1-917-300-0470
For USA/CAN call toll free +1-800-526-8630
For GMT office hours call +353-1-416-8900

US Fax: 646-607-1904
Fax (outside the US): +353-1-481-1716

SOURCE Research and Markets

Related links

http://www.researchandmarkets.com