Dublin, June 09, 2022 (GLOBE NEWSWIRE) -- The "Lyocell Fiber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global lyocell fiber market reached a value of US$ 1.13 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 1.71 Billion by 2027, exhibiting a CAGR of 6.97% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor
Lyocell fiber is a type of rayon produced from bleached wood pulp, also known as dissolving pulp, which contains cellulose. First developed in 1972, this fiber is manufactured using the process of dry jet-wet spinning. Lyocell fiber exhibits similar properties as other cellulose fibers, including ramie, linen, viscose rayon and cotton.
It is lightweight, absorbent, breathable, soft, wrinkle-resistant, durable, capable of replicating a range of textures like silk, leather and suede, and can also be dyed in various colors. Nowadays, manufacturers are adopting natural practices to produce lyocell and eliminating the use of chemicals in the production to obtain organic certification
Lyocell fabric is utilized in a wide range of industries, including fashion, textile, medical, and paper and pulp. Due to its versatility, lyocell fiber is used as a substitute for cotton and silk to make sportswear, shirts, bed linens, denim, T-shirts, trousers and towels. Its high absorbency profile makes it an ideal material for medical dressings. Apart from this, with the rising environmental concerns, the demand for lyocell fiber is escalating across the globe.
Its main component, cellulose, is obtained from well-managed forests and its production does not generate by-products that are harmful to the health or the environment. Moreover, technological advancements have led to the manufacturing of lyocell fiber using advanced N-methyl morpholine-N-oxide (NMMO) technology, which is a simple, resource-conserving, and environment-friendly means of regenerating cellulose fiber
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global lyocell fiber market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product and application
Breakup by Product:
Cross Linked Fiber
Amongst these, staple fibers are the most preferred product, owing to their longer average fiber length, which makes it easier to process and produce even yarns
Breakup by Application:
Medical and Hygiene
Amongst these, apparel represents the largest segment as lyocell fiber is widely used in the industry for its softness and absorbent properties
Middle East and Africa
Region-wise, Asia Pacific exhibits a clear dominance in the market owing to the improving living standards and flourishing textile industry in the region
The competitive landscape of the market is characterized by the presence of numerous small and large manufacturers who compete in terms of prices and quality
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 Limited
China Populus Textile Ltd.
Great Duksan Corp.
Qingdao Textiles Group Fiber Technology Co., Ltd.
Acelon Chemicals & Fiber Corp.
Key Question Answered in this Report
1. What was the size of the global lyocell fiber market in 2021?
2. What is the expected growth rate of the global lyocell fiber market during 2022-2027?
3. What are the key factors driving the global lyocell fiber market?
4. What has been the impact of COVID-19 on the global lyocell fiber market?
5. What is the breakup of the global lyocell fiber market based on the product?
6. What is the breakup of the global lyocell fiber market based on the application?
7. What are the key regions in the global lyocell fiber market?
8. Who are the key players/companies in the global lyocell fiber market?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.3 Key Industry Trends
5 Global Lyocell Fiber Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Price Analysis
5.4.1 Key Price Indicators
5.4.2 Price Structure
5.4.3 Margin Analysis
5.5 Market Breakup by Product
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.10 Value Chain Analysis
5.10.2 Research and Development
5.10.3 Raw Material Procurement
5.11 Porters Five Forces Analysis
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
6 Market Breakup by Product
6.1 Staple Fiber
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Cross-Linked Fiber
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Home Textiles
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Medical and Hygiene
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Automotive Filters
7.4.1 Market Trends
7.4.2 Market Forecast
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
9 Lyocell Fiber Manufacturing Process
9.1 Product Overview
9.2 Raw Material Requirements
9.3 Manufacturing Process
9.4 Key Success and Risk Factors
10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
10.3 Profiles of Key Players
10.3.1 Lenzing AG
10.3.2 Acegreen Eco-Material Technology Co., Ltd.
10.3.3 Aditya Birla Group
10.3.4 Baoding Swan Fiber Co. Ltd.
10.3.5 Chonbang Co., Ltd.
10.3.6 Weiqiao Textile Company Limited
10.3.7 Zhejiang Yaojiang Industrial Group
10.3.8 China Populus Textile Ltd.
10.3.9 Great Duksan Corp.
10.3.10 Qingdao Textiles Group Fiber Technology Co., Ltd.
10.3.11 Smartfiber AG
10.3.12 Acelon Chemicals & Fiber Corporation
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