Global Lyocell Fiber Market is valued approximately at USD XX million in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Lyocell Fiber is utilized in various industries including fashion, textile, medical, paper and pulp industries. Lyocell Fiber is used instead for cotton and silk to make sportswear, shirts, mattress linens, denim, t-shirts, pants, and towels, because of its versatility. Rising demand for staple fiber for numerous applications and increasing popularity of biodegradable fibers are the factors which are driving the growth of Lyocell Fiber market. Furthermore, the increasing demand along with continuing innovations in the textile manufacturing will be anticipating the growth of market in forecasted period. For Instance: The Lenzing Group has collaborated with Country Road. Due to the collaboration Country Road will be the prime Australian retailer to launch denim garments made from TENCEL Lyocell fibers with Lenzing’s innovative REFIBRA technology. However, the high cost and dearth of resources of Lyocell Fiber may impede market growth over the forecast period of 2021-2027.

Global Lyocell Fiber market analysis on basis of region which includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is a significant region across the world in terms of market share due to increasing apparel exports, the manufacturers in the U.S. in the region. Whereas Europe is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, owing to the presence of numerous textile industries in the region.
Major market player included in this report are:

Great Duksan
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
Zhejiang Yaojiang Industrial Group
China Populus Textile Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Products:
Staple fiber
Cross-linked fiber
By Application
Home textiles
Surgical products
Baby diapers
Automotive filters
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Lyocell Fiber Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers