Lyocell Fiber Market to Reach a Value of around US$ 1,305 Million by 2024 and CAGR of 5.6%

1. Global Lyocell Fiber Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Lyocell Fiber Market Overview: A new research report by IMARC Group, entitled “Lyocell Fiber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, estimates that the global lyocell fiber market was worth around US$ 941 Million in 2018. Lyocell is a type of man-made fiber derived from the cellulose of bleached wood pulp. Popularly known as the third-generation cellulose fiber, lyocell was first developed in 1972 by the process of dry jet-wet spinning. Lyocell fibers are strong but soft, highly absorbent, wrinkle-resistant and capable of replicating an array of textures like leather, suede and silk. Owing to these properties, lyocell fibers are utilized for manufacturing a wide range of products such as clothes, bedsheets, carpets, curtains, sportswear, surgical equipment, medical gloves, etc. Lyocell Fiber Market Trends Nowadays, lyocell fibers are being preferred over other type of fibers, such as cotton and rayon, on account of their tenacity and absorption efficiency. Owing to this, they are widely used in the apparel and home textile industries. Apart from this, the usage of lyocell fiber has gained popularity among the manufacturers due to an increasing demand for eco-friendly and biodegradable cellulose fibers. The fabrics made from lyocell can be easily disposed by sewage digestion or incineration after usage.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Million US$ In Million US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 These fibers are also suitable for sanitizing wipes and overnight bleaching in the food service sector. Owing to the aforementioned factors, the market is further expected to reach a value of around US$ 1,305 Million by 2024, exhibiting a CAGR of 5.6% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/lyocell-fiber-market/requestsample

5. Report Description and Highlights Report Description Further, unlike synthetic fibers which require toxic solvents, the production of lyocell fibers includes non-toxic solvents such as amine oxide. Additionally, as lyocell fibers are free from any toxic compounds, they are preferred for the production of medical-grade non-woven products. Key Market Segmentation: Market Segmentation by Product • • Staple Fiber Cross-Linked Fiber The market has been bifurcated on the basis of product type into staple fiber and cross-linked fiber. Amongst these, staple fibers are majorly preferred owing to their longer average fiber length which are easier to process and produce even yarns. Market Segmentation by Application • • Apparel Home Textiles

6. Report Description and Highlights Report Description • • • Medical and Hygiene Automotive Filters Others Based on application, apparel accounts for the majority of the market share, representing the largest segment. This can be attributed to the softness, wet strength and high absorbent properties of lyocell fiber. Apart from apparel, other major applications include home textiles, medical and hygiene, and automotive filters. For more information, click here: https://www.imarcgroup.com/lyocell-fiber-market Market Segmentation by Region • • • • • Asia Pacific North America Europe Middle East and Africa Latin America

7. Report Description and Highlights Report Description On the basis of geography, the market has been segregated as Europe, Asia Pacific, Latin America, North America, and Middle East and Africa. Currently, Asia Pacific represents the leading market due to flourishing textile industry and improving standards of living. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • • • • • • • • 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 China Populus Textile Ltd. Great Duksan Qingdao Textiles Group Fiber Technology Co., Ltd.

8. Report Description and Highlights Report Description • • Smartfiber AG Acelon Chemicals & Fiber Corporation Browse Related Report Nylon Fiber Market Report: https://www.imarcgroup.com/nylon-fiber-market Polyester Fiber Market Report: https://www.imarcgroup.com/polyester-fiber-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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