Global Lyocell Fibers Market Report By Product (Staple Fiber, Cross Linked Fiber), By Application (Apparel, Home Textiles, Medical and Hygiene, Automotive Filters, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Lyocell Fibers Market is presumed to reach the valuation of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of XX% during the period of 2023-2030.
 
Lyocell Fibre is a sustainable fibre type obtained from wood pulp using an eco-friendly process. It is a semi-synthetic form of rayon with a texture like cotton but better resistant to pilling.it is used to make dress materials and is best suited for sensitive skin. Its resistance to wear and tear makes it suitable for use in the conveyor belt. Being more hygienic, this fibre finds its place in healthcare for the making of medical dressings and protective shields. In the paper industry, it is used as a filtration material. This fibre has antibacterial properties and is used in nanotechnology methods of manufacturing.
 
Market Dynamics
 
The rising per capita income and demand for aesthetically superior clothing will be the main drivers for the growth of this lucrative market of lyocell fibres. The growing need for eco-friendly fibres will boost market growth. The advent of e-commerce solutions has greatly helped in the growth of apparels like denim, coats and diapers made from lyocell with excellent breathing abilities. The rapid development for better utilisation of this fibre in the healthcare sector due to its biodegradable and sterilising capability will help this market grow even during COVID-19 pandemic. The major limitation that could hamper the growth of this market is the high cost of lyocell fibre.
 
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
 
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of lyocell fibers.
 
Market Segmentation
 
The entire lyocell fibers market has been sub-categorized into product and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
 
By Product

• Staple Fiber
• Cross Linked Fiber

 
By Application

• Apparel
• Home Textiles
• Medical and Hygiene
• Automotive Filters
• Others

 
Regional Analysis
 
This section covers regional segmentation which accentuates on current and future demand for lyocell fibers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
 
Global Lyocell Fibers Market Share by Region (Representative Graph)
 

 
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the lyocell fibers market 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 Limited, China Populus Textile Ltd., Great Duksan Corp., Qingdao Textiles Group Fiber Technology Co. Ltd., Smartfiber AG, Acelon Chemicals & Fiber Corp.. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.