Title: Rayon Fibers Market - Forecast(2021 - 2026)
1Rayon Fibers MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Rayon Fibers Market is forecast to reach 28
billion by 2025, after growing at a CAGR of 6
during 2020-2025. Rayon is a regenerated fiber
made from purified cellulose. - Because of its strength, rayon has also been used
as a primary component in vehicle tires, which
results in a product which is less expensive than
nylon tires and boost the growth of rayon fibers
market. - Surging demand for rayon fibers in medical
applications drives the growth of the market. In
addition, rayon fibers are moisture absorbent,
breathable and comfortable to wear which
escalates its use in textile industry.
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- Key Takeaways
- Rayon is made from wood pulp which give it
several environmental benefits over crude oil
derived fibers such as polyester and nylon. In
addition, volatility in oil prices also boosts
the growth of the rayon fibers market. - The growing demand for trendy apparels is
expected to fuel the demand for rayon fibers in
the market. - The outbreak of coronavirus has hampered the
market growth due to shutdown of manufacturing
units and disruption of supply chain.
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By Distribution Channel- Segment
Analysis Viscose rayon fiber has dominated the
rayon fibers market with a share of more than 35
in 2019. Viscose fibers have properties similar
to that of cotton, thereby substituting cotton
fibers in various end-use industries. They are
produced by reacting cellulose with sodium
hydroxide to form alkali cellulose, which in
turn, is reacted with carbon disulfide (CS2) to
convert it to cellulose xanthate.
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- Rayon Fibers Market Industry OutlookÂ
- Asahi Kasei Corporation
- Tangshan Sanyou Chemical Industry Co. Ltd
- Toray Industries, Inc
- Fulida Group
- Shandong Yamei
- Aditya Birla Group
- Lenzing AG
- Mitsubishi Rayon Co. Ltd
- Aoyang Technology Co. Ltd
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