What is Global Lyocell Fabric Market?
The Global Lyocell Fabric Market is an expansive and dynamic sector that has been gaining significant attention in recent years. Lyocell fabric, a form of rayon, is a semi-synthetic fiber made from dissolving bleached wood pulp using dry jet-wet spinning. The fabric is known for its versatility and environmentally friendly manufacturing process, which has made it a popular choice in the textile industry. The market encompasses the production, distribution, and various applications of this fabric on a global scale. It's a complex network of manufacturers, suppliers, and consumers, all interacting in a constantly changing economic environment. The market's growth is driven by factors such as increasing consumer demand for sustainable products, technological advancements in manufacturing processes, and the fabric's superior properties compared to other materials.
Staple Fiber, Cross-linked Fiber in the Global Lyocell Fabric Market:
The Global Lyocell Fabric Market is segmented into two main types: Staple Fiber and Cross-linked Fiber. Staple Fiber is a naturally occurring form of lyocell, which is widely used in the textile industry due to its high tensile strength and durability. On the other hand, Cross-linked Fiber is a chemically modified form of lyocell, which offers enhanced properties such as improved elasticity and wrinkle resistance. These two types of fibers have different applications and are preferred by different sectors of the market. For instance, Staple Fiber is commonly used in clothing and home textiles, while Cross-linked Fiber is often used in medical equipment and other specialized applications. The choice between these two types of fibers depends on the specific requirements of the end product, such as its intended use, desired properties, and cost considerations.
Home Textiles, Apparel, Medical Equipment, Others in the Global Lyocell Fabric Market:
The Global Lyocell Fabric Market finds its usage in various areas including Home Textiles, Apparel, Medical Equipment, and others. In the Home Textiles sector, lyocell is used in products like bed linens, curtains, and upholstery due to its softness, durability, and breathability. The Apparel sector uses lyocell in the production of clothes, especially sportswear and casual wear, due to its moisture-wicking properties. In the Medical Equipment sector, lyocell's high strength, absorbency, and biocompatibility make it suitable for use in medical dressings and surgical sutures. Other applications of lyocell include industrial filters, baby diapers, and automotive filters. Each of these sectors has specific requirements and preferences, which influence the demand and supply dynamics of the Global Lyocell Fabric Market.
Global Lyocell Fabric Market Outlook:
Looking at the market outlook, the Global Lyocell Fabric Market was valued at a substantial US$ 528.1 million in 2023. The market is projected to experience a steady growth, with an expected value of US$ 791.9 million by 2030. This indicates a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period from 2024 to 2030. This growth can be attributed to the increasing demand for sustainable and high-quality fabrics in various industries, coupled with technological advancements in the production of lyocell. The market's potential for growth signifies the increasing recognition of lyocell's benefits by manufacturers and consumers alike.
| Report Metric | Details |
| Report Name | Lyocell Fabric Market |
| Accounted market size in 2023 | US$ 528.1 million |
| Forecasted market size in 2030 | US$ 791.9 million |
| CAGR | 5.5% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Lenzing AG, Acegreen Eco-Material Technology Co., Aditya Birla Group, Baoding Swan Fiber Co. Ltd., Nien Foun Fiber, Chonbang Co., Weiqiao Textile Company Limited, Zhejiang Yaojiang Industrial Group, China Populus Textile Ltd., Great Duksan, Qingdao Textiles Group Fiber Technology Co., Smartfiber AG, Acelon Chemicals & Fiber Corporation |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
