Stratview Research has recently published a report on the Lyocell Fiber Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.

The market is segmented by Product Type (Staple Fiber and Cross-linked Fiber), Application Type (Apparels, Home Textiles, Surgical Products, Baby Diapers, Automotive Filters, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World).

Lyocell Fiber Market Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Lyocell Fiber Market is estimated to reach from USD 916.09 million in 2021 to USD 1606.62 million by 2028 at a healthy CAGR of 8.24% during the forecast period.

Some of the companies drive the market growth:

• Acegreen Eco-Material Technology Co., Ltd.
• Acelon Chemicals & Fiber Corporation
• Aditya Birla Group
• Chonbang Co., Ltd.
• Great Duksan
• Nien Foun Fiber Co., Ltd.
• Smartfiber AG
• The Lenzing Group
• Weiqiao Textile Company Limited
• Zhejiang Yaojiang Industrial Group.

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Segments Analysis

By Product

The market is segmented as staple fiber and cross-linked fiber. Staple fiber is expected to witness significant growth in the market over the projected period. The growth of the segment is attributed to its various applications in denims, towels, and casual wear.

Regional Analysis

Asia-Pacific is estimated to be the leading region in the market for lyocell fiber during the forecast period. The region’s growth is driven by the growing textile and apparel industries along with improved standard of living in the region.

Furthermore, North America and Europe are also estimated to witness significant growth in the market over the projected period on account of the presence of numerous textile and apparel industry players in the respective regions.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

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