Home > Chemicals & Materials > Advanced Materials > Functional Materials > Lyocell Fiber Market

Lyocell Fiber Market Analysis

  • Report ID: GMI1822
  • Published Date: Jul 2017
  • Report Format: PDF

Lyocell Fiber Market Analysis

The staple fiber has several applications in towels, denim, casual wear, etc. It can be easily separated into fibrils. Cross-linked fiber has low fibrillation capacity, which makes it resistant to regeneration process, thus, making it unsuitable feedstock for the processes.

 

The cross-linked fiber is not easily biodegradable, owing to its low fibrillation property. Landfill, composting and incineration can be used to decompose the fiber. Cross-linked fibers can be used in many filter applications and gives a silkier texture than the staple fiber. The major applications of cross-linked fiber are in jersey fabric, woven fabric, and knitwear

 

Lyocell Fiber Market by Application

To understand key trends  
Download Free Sample
 

The 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 market and will continue to do so over the forecast period, owing to the desirable properties such as softness and absorbent qualities. In 2016, the apparels segment accounted for more than half of the global lyocell fiber market. This segment has significantly contributed to the economies of the countries with the aid of online retail.
 

Apparels segment is followed by home textiles, which include bed sheets, drapes, curtains, and carpets. This segment had more than 20% share of the overall lyocell fiber market in 2016. The product is used in several medical accessories such as absorbent pad, wound-contact layer, elastic and non-elastic bandages, compression bandages, gauze dressing and wipes used in the operation theatre.
 

The product is used in non-woven apparels such as baby diapers, surgical swabs, and filtration applications, as it has better moisture absorbency than its substitutes. It also finds application in dehumidification sheets and a precursor for carbon fiber. In automotive sector, the product is used for seat covers, battery separators, etc.
 

The regional analysis has been carried out for North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Asia Pacific held a market value of over USD 550 million in 2016 and is estimated to grow with the rising trend. Lyocell fiber market demand has been triggered by growing textiles industry and improved living standards.
 

With increasing apparel exports, the manufacturers in the U.S. have designed new strategies to compete in the industry. Mexico represents a significant market for textiles. Several apparel brands have expanded their business in Mexico which will augment the product demand. The lyocell fiber market demand is anticipated to increase in Europe, owing to the presence of numerous textile industries in France, Germany, and UK.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The market revenue from lyocell fibers is slated to reach 1.5 billion by 2024 and is expected to strike a CAGR of 8% from 2016 to 2024.

Industry share of staple fibers is anticipated to capture a significant revenue up to 2024 owing to increasing utility in towels, denim, and casual wear.

The lyocell fibers market share from the apparels application segment held a significant revenue share and will see expansion due to the rapidly rising economic conditions and online retail platforms.

Asia Pacific had reached more than USD 550 million in 2016 and will grow owing to the booming textiles sector and improved living standards in the region.

Lyocell Fiber Market Scope

Buy Now

Access to only 1 person; cannot be shared; cannot be printed
Access for 2 to 5 users only within same department of one company
Access to a company wide audience; includes subsidiary companies or other companies within a group of companies
Immediate Delivery Available

Premium Report Details

  • Base Year: 2016
  • Companies covered: 13
  • Tables & Figures: 154
  • Countries covered: 17
  • Pages: 110
 Download Free Sample