Lyocell Fiber Market statistics and research analysis released in latest report

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Lyocell Fiber Market industry analysis research
and trends report for 2017-2024
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Global Market Scenario of Lyocell Fiber Market

• Lyocell Fiber Market size will reach over USD 1.5
  billion by 2024 according to a new research
  report by Global Market Insights, Inc.
• Fashion trends have changed rapidly over the past
  few years and will continue to do so in the
  coming years, which will drive the industry
  growth. Modern technology and fibers have been
  developed which have escalated the use of better
  quality materials and has driven the lyocell
  fiber marker demand. Brands have started focusing
  on fibers that can be recycled and can be reused
  after the end of a products lifecycle.
• Government initiatives have been taken to adopt
  sustainable fibers for textile and apparels
  industry. The apparels segment in North America
  accounted for a major chunk of the product share
  (over 40) in 2016.
• The environment friendly production process of
  the material also acts as a major driver to boost
  the lyocell fiber market. There has been a
  significant impact through social media on the
  apparel segment, which in turn has positively
  influenced the industry.

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Continue.....

• The petrochemical fibers have been substituted by
  cellulosic man-made fibers, which has spurred the
  product adoption in the manufacturing processes.
  The pressure on synthetic fiber manufacturers has
  increased due to the increasing demand for
  naturally derived fibers.
• The product finds its application in various
  segments such as baby diapers, home textiles,
  apparels, automotive filters, surgical products
  and many more. The healthcare and wound care
  textiles segment is likely to grow at a robust
  pace, owing to the evolving technologies for
  recovery of surgical wounds, thus propelling
  lyocell fiber market.
• Despite numerous opportunities, lyocell fiber
  market will face challenges due to its expensive
  pricing compared to the eco-friendly
  alternatives.
• Extra caring of delicate fabrics such as cold
  rinse, hand wash, and dry-clean can increase the
  maintenance costs as well. Also, the product
  shrinks up to 3 after the first wash. These
  factors will act as lyocell fiber market
  restraints in the coming years.

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U.S. Lyocell Fiber Market Size, by Application,
2013 - 2024 (USD Million)
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360 Analysis
Application Analysis The lyocell fiber market is
segmented on the basis of applications into
apparels, home textiles, surgical products, baby
diapers, automotive filters and others such as
vehicle carpeting, cigarette filters, etc. The
apparels segment has dominated the lyocell fiber
market and will continue to do so over the
forecast period, owing to the desirable
properties such as softness and absorbent
qualities. Regional Analysis The regional
analysis has been carried out for North America,
Europe, Latin America, Asia Pacific, and Middle
East Africa. Asia Pacific has contributed the
highest in terms of volume and revenue and is
estimated to grow with the rising trend. Lyocell
fiber market demand has been triggered by growing
textiles industry and improved living standards.
The region held a market value of over USD 550
million in 2016 and will grow at a robust
pace. Competitive Market Share Lenzing AG,
Acegreen Eco-Material Technology Co., Ltd.,
Aditya Birla Group, Baoding Swan Fiber Co. Ltd.,
Nien Foun Fiber, Chonbang Co., Ltd., Weiqiao
Textile Company Limited,Great Duksan, Qingdao
Textiles Group Fiber Technology Co., Ltd.,
Smartfiber AG, and Acelon Chemicals Fiber
Corporation are some of the major companies in
the lyocell fiber market.

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