According to Qualiket Research, Lyocell fiber is derived from cellulose which is also referred as manmade fiber, which is popularly called as ‘’Tencel’’. This fiber is a form of regenerated cellulose fibers obtained by bleaching pulp of wood. Lyocell fiber is ightweight, breathable, absorbent, soft, durable, wrinkle resistance, capable of replicating a range of textures such as leather, silk, and suede. These are widely used in various industries including textile, fashion, medical and paper, and pulp.
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Market Drivers:
· Increase in demand of lyocell fibers in various industries including paper, pulp, fasion, textiles is the key driving factor which is expected boost the global lyocell fibers market growth. Furthermore, increase in adoption of lyocell fibers due to reduction in use of plastic based products will have the positive impact on market growth during this forecast period. Also, rise in demand for the production of cellulose based products which are expected to propel the global lyocell fibers market growth. Increase in government initiatives across the globe will fuel the market growth.
Market Segmentations:
- Global Lyocell Fibers Market is segmented into types such as Crosslinked Lyocell Fiber, and Regular Lyocell Fiber. Further, market is segmented into application such as Nonwoven, Home Textiles, Apparels, and Others.
- Also, Global Lyocell Fibers Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Key players:
· smartfiber AG, Qingdao Textiles Group Fiber Technology Co., Ltd., Zhejiang Yaojiang Industrial Group, Weiqiao Textile Company Limited, Chonbang Co., Ltd., Nien Foun Fiber, Baoding Swan Fiber Co. Ltd., Aditya Birla Group, and Lenzing AG
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