Lyocell Fiber Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMMA419 | Last Updated On: Jul 14 2022 | Available Formats

> Global Lyocell Fiber Market Expected to reach a high CAGR By 2029: DataM Intelligence

Global Lyocell Fiber Market is segmented by application type (Medical, Electrical, Apparels, Automotives, Other), By Fabric Type (Woven Fabric, Non-Woven Fabric), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

  • Global Lyocell Fiber Market Expected to reach a high CAGR By 2029: DataM Intelligence
  • Lyocell is a human-made fiber; it is a form of rayon that consists of cellulose fiber made from dissolving pulp, better known in the United States under the company Lenzing AG with the brand Tencel.
  • Lyocell is created by a solvent spinning technique, And cellulose undergoes no significant chemical change. Lyocell is an extremely sturdy fabric that is used for automotive filters, abrasive materials, ropes, bandages, and protective suiting material. It is primarily found in the garment industry, particularly in women’s clothing.
  • Lyocell fibers are mostly available in woven fabric and for some of the product's non-woven fabrics used. Lyocell textiles are created by the use of nanotechnology in a closed-loop process that recovers or decomposes all solvents and emissions. It is 100% biodegradable.

Market Drivers:

  • Lyocell fibers are eco-friendly and biodegradable which has natural breathability and 50% greater moisture absorption than other fabrics. This has boosted the global lyocell fibers market.
  • Lyocell fibers are durable and wrinkle resistant. This can be the major driver for the global lyocell fibers market.

Market Restraints:

  • Lyocell fibers are more expensive than other eco fabric alternatives. This has downstream the global lyocell fibers market. Lyocell fabric has relatively low surface energy, which makes it difficult for dyes. This is a significant restraint for the global lyocell fabric market.

Market Segmentation

By application type

  • The Lyocell fibrosis is segmented based on application types such as medical, electrical, filtration, apparel, automotive, and others. The Apparels segment is the primary user for lyocell fibers due to its increased benefits over conventional fabrics. By fabric type
  • The Lyocell fibers are segmented into fabric types such as woven and non-woven fabric. Woven fabrics have the primary market for lyocell fibers as it is mostly used by the manufacturer due to their biodegradable nature.

By Geography

  • The manufacturers in the U.S. have increased apparel exports which is driving the industry in recent years. Mexico represents a major market for textiles. Some apparel brands have expanded their business in Mexico which increased the lyocell fiber product demand.
  • The lyocell fiber market demand is anticipated to rise in Europe, due to the presence of numerous textile industries in France, Germany, and the UK.

Competitive Landscape

  • The competition in the industry is driven by new product launches and strategic collaborations in the market.
  • The Lenzing Group has announced a collaboration with Country Road on 30th April 2018, due to the collaboration Country Road will be the prime Australian retailer to introduce denim garments made from TENCEL Lyocell fibers with Lenzing’s innovativeREFIBRAtechnology.
  • Lenzing Launches New Lyocell Filament TENCEL Luxe, It will support Lenzing’s shift to become a true specialty player in the botanic materials market derived from sustainable wood sources.

Key market segments covered

BY APPLICATION TYPE

• Medical

• Electrical

• Apparels

• Automotives

• Other

BY FABRIC TYPE

• Woven Fabric

• Non-Woven Fabric

BY REGION

• Asia Pacific

• Europe

• North America

• South America

• Rest of the World

Why purchase the report?

• Visualize the composition of the Lyocell Fiber market across each indication, in terms of application type and fabric type highlighting the key commercial assets and players.

• Identify commercial opportunities in the Lyocell Fiber market by analyzing trends and co-development deals.

• Excel data sheet with thousands of data points of the Lyocell fiber market-level 4/5 segmentation

• A PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study

• Product mapping in excel for the Lyocell fiber products of all major market players

Target Audience

• Raw Material Suppliers/ Buyers

• Product Suppliers/ Buyers

• Industry Investors/Investment Bankers

Education & Research Institutes

• Research Professionals

• Emerging Companies

• Manufacturer

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