Technavio
Announces the Publication of its Research Report Global Lyocell Fiber Market
2016-2020
Technavio recognizes the following companies as the key players in the global lyocell market: Acelon Chemicals & Fiber, City Victor, Chonbang, INVISTA, Lenzing, and Qingdao Textile Group Fiber
Other Prominent Vendors in the market are: China Populus Textile Limited, Grasim, Great Duksan, Nien Foun Fiber, Sarga Eco-Textile, Smartfiber, Weiqiao Textile Company, and Zhejiang Yaojiang Industrial Group
Commenting on the report, an analyst from Technavios team said: Currently, the end-user segments for the market are majorly limited to apparel and home textiles segment. Increased R&D for the use of lyocell fabrics can expand the application areas of these fibers and drastically improvement the market. The vendors are exploring properties such as high absorbency, tenacity, resistance to high temperature of lyocell fiber. Established vendors, including Lenzing and Acelon Chemicals & Fiber Corporation, have invested significantly in R&D for the development of new lyocell fibers. For instance, Lenzing has spent almost $110-$113 million on R&D of lyocell fiber technology so far, and for the year 2015, the company had invested 29.8 million ($33.24 million; 1 =$1.12; September 2016) in R&D.
Technavio recognizes the following companies as the key players in the global lyocell market: Acelon Chemicals & Fiber, City Victor, Chonbang, INVISTA, Lenzing, and Qingdao Textile Group Fiber
Other Prominent Vendors in the market are: China Populus Textile Limited, Grasim, Great Duksan, Nien Foun Fiber, Sarga Eco-Textile, Smartfiber, Weiqiao Textile Company, and Zhejiang Yaojiang Industrial Group
Commenting on the report, an analyst from Technavios team said: Currently, the end-user segments for the market are majorly limited to apparel and home textiles segment. Increased R&D for the use of lyocell fabrics can expand the application areas of these fibers and drastically improvement the market. The vendors are exploring properties such as high absorbency, tenacity, resistance to high temperature of lyocell fiber. Established vendors, including Lenzing and Acelon Chemicals & Fiber Corporation, have invested significantly in R&D for the development of new lyocell fibers. For instance, Lenzing has spent almost $110-$113 million on R&D of lyocell fiber technology so far, and for the year 2015, the company had invested 29.8 million ($33.24 million; 1 =$1.12; September 2016) in R&D.
Know more about sample report: https://marketreportscenter.com/reports/470077/global-lyocell-fiber-market-2016-2020#
According to
the report, the market for lyocell fibers in the home textiles segment is
growing significantly. The fibrillation property of lyocell fiber, which
generates nanofibers around the main fiber filament, is unique compared with
other synthetic fibers. These nanofibers aid in high moisture absorption, which
is not possible with other fibers such as cotton or rayon.
Further, the report states that the production of lyocell fiber requires raw materials such as wood pulp. Wood pulp has become difficult to procure as the forest cover has been significantly compromised globally. The green cover is down by one-fifth to one-fourth. An estimated 18-20 million acres of forest land is lost each year. The fluctuations in the prices of wood pulp affect the price of raw material, affecting the price of lyocell fiber.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Further, the report states that the production of lyocell fiber requires raw materials such as wood pulp. Wood pulp has become difficult to procure as the forest cover has been significantly compromised globally. The green cover is down by one-fifth to one-fourth. An estimated 18-20 million acres of forest land is lost each year. The fluctuations in the prices of wood pulp affect the price of raw material, affecting the price of lyocell fiber.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Lyocell Fibers
Lyocell fibers are the semi-synthetic cellulose fibers that are produced by a closed loop method through a solvent spinning technique, where cellulose is subjected to many chemical changes such as reduction of wood chips to wood pulp with strong alkali, dissolution of cellulose, setting and alignment of cellulose fibers, washing of fibers, carding of fibers, and recovery of the solvent. The solvent spinning technique here refers to the dissolution of cellulose in solvents.
Technavios analysts forecast the global lyocell fiber market to grow at a CAGR of 7.84% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global lyocell fiber market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of lyocell fibers in apparel, home textiles, medical and hygiene, and other applications by considering 2015 as the base year.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Lyocell Fibers Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Acelon Chemicals & Fiber
City Victor
Chonbang
INVISTA
Lenzing
Qingdao Textile Group Fiber
Other prominent vendors
China Populus Textile Limited
Grasim
Great Duksan
Nien Foun Fiber
Sarga Eco-Textile
Smartfiber
Weiqiao Textile Company
Zhejiang Yaojiang Industrial Group
Market driver
Increasing demand for lyocell fibers for apparel manufacturing
For a full, detailed list, view our report
Market challenge
Lack of resources and distribution channels in small and medium-sized enterprises
For a full, detailed list, view our report
Market trend
Emergence of lyocell as an ideal raw material for non-woven fabrics
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Lyocell fibers are the semi-synthetic cellulose fibers that are produced by a closed loop method through a solvent spinning technique, where cellulose is subjected to many chemical changes such as reduction of wood chips to wood pulp with strong alkali, dissolution of cellulose, setting and alignment of cellulose fibers, washing of fibers, carding of fibers, and recovery of the solvent. The solvent spinning technique here refers to the dissolution of cellulose in solvents.
Technavios analysts forecast the global lyocell fiber market to grow at a CAGR of 7.84% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global lyocell fiber market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of lyocell fibers in apparel, home textiles, medical and hygiene, and other applications by considering 2015 as the base year.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Lyocell Fibers Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Acelon Chemicals & Fiber
City Victor
Chonbang
INVISTA
Lenzing
Qingdao Textile Group Fiber
Other prominent vendors
China Populus Textile Limited
Grasim
Great Duksan
Nien Foun Fiber
Sarga Eco-Textile
Smartfiber
Weiqiao Textile Company
Zhejiang Yaojiang Industrial Group
Market driver
Increasing demand for lyocell fibers for apparel manufacturing
For a full, detailed list, view our report
Market challenge
Lack of resources and distribution channels in small and medium-sized enterprises
For a full, detailed list, view our report
Market trend
Emergence of lyocell as an ideal raw material for non-woven fabrics
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Table
of content: https://marketreportscenter.com/reports/470077/global-lyocell-fiber-market-2016-2020#toc
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