Global Lyocell fiber market (2021 to 2026) - Industry trends, share, size, growth, opportunity and forecasts

The global lyocell fiber market exhibited moderate growth during 2015-2020. Looking forward, the publisher expects the global lyocell fiber market to reach a value of US$ 1.6 Billion by 2026.

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.

Companies Mentioned

• 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

Key Questions Answered in This Report:

• How has the global lyocell fiber market performed so far and how will it perform in the coming years?

• What are the key regional markets?

• What has been the impact of COVID-19 on the global lyocell fiber market?

• Which are the popular product types in the market?

• What are the key application segments in the market?

• What are the various stages in the value chain of the global lyocell fiber market?

• What are the key driving factors and challenges in the global lyocell fiber market?

• What is the structure of the global lyocell fiber market and who are the key players?

• What is the degree of competition in the global lyocell fiber market?

• How is lyocell fiber manufactured?

For more information about this report visit:

https://www.researchandmarkets.com/r/ejyjz2