Press release
Global Lyocell Fiber Market Size - Forecasts to 2026
The findings reviewed by GME stated that the Global Lyocell Fiber Market will expand at a CAGR value of 10.85% to reach USD 2.57 billion by 2026 from USD 1.30 billion by 2021. The major driving factors for the lyocell fiber market include increasing demand for lyocell fiber from the apparel industry, the ongoing textile manufacturing innovations, rapid demand for medical apparels from the healthcare sector, advancements in textile technologies, and the growing usage of tencel fabric in numerous industries such as paper, medical, pulp, fashion, and others.Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Lyocell Fiber Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/lyocell-fiber-market-3403
By Product (Staple Fiber, Cross-Linked Fiber), By Application (Apparel, Medical and Hygiene, Automotive Filters, Home Textiles, Others), By Region (North America, Europe, Asia Pacific, MEA, and CSA); End-User Landscape, Vendor Landscape, and Company Market Share Analysis and Competitor Analysis
Key Market Insights:
• The staple fiber segment is expected to hold the largest market share in terms of revenue from 2021 to 2026 due to the increasing usage in the textile industry.
• The apparel application is expected to hold the largest share of the market in terms of revenue from 2021 to 2026 due to its absorbency and softness properties.
• The usage of cross-linked fiber in jersey fabrics, non-woven fabrics, and knitwear are expected to drive the cross-linked fiber market segment.
• The presence of a substantial textile manufacturing business in China and India, as well as growing government attempts to boost textile production, is likely to fuel market expansion in APAC throughout the forecast period.
• Some of the leading lyocell fiber manufacturers are Lenzing AG, Aditya Birla Group, Nien Foun Fiber Co., Ltd., CHONBANG Co., LTD., Weiqiao Text, Acelon Chemicals & Fiber, smartfiber AG, Shangtex Holding Co., Ltd, Yaojiang Group, CityVictor Corp, INVISTA, Grasim Industries Limited, Smart Gadgets Technology, and Xinxiang Sunshining Ecotex Clothes Co., Ltd, among others.
Browse the Report @ https://www.globalmarketestimates.com/market-report/lyocell-fiber-market-3403
Product Outlook (Revenue, USD Billion, 2021 - 2026)
• Staple Fiber
• Cross-Linked Fiber
Application Outlook (Revenue, USD Billion, 2021 - 2026)
• Apparel
• Medical and Hygiene
• Automotive Filters
• Home Textiles
• Others
Regional Outlook (Revenue, USD Billion, 2021 – 2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Chile
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• South Africa
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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