Lyocell Fiber Market anticipated to reach US$ 1,179.5 Mn in 2020, expanding at a CAGR of 7.9% between 2014 and 2020

Lyocell fibers are another form of rayon and are manufactured from cellulose fibers that is obtained from bleached wood pulp or dissolving pulp. These are manufactured fibers but are not synthetic fibers as they are obtained from natural sources. Lyocell fibers were first manufactured under the brand name Tencel and are used until date. These fibers are soft, strong and have high absorbent capacity. They have excellent wet strength and are wrinkle resistant. Lyocell fibers used in the manufacture of fabrics are very versatile fibers that can be dyed with vibrant colors, with a wide range of effects and textures. These fabrics can be hand washed and resembles silk suede and even leather. This fiber is strong when dry even when compared to cotton and linen fibers. The fabrics manufactured from lyocell fibers are lustrous and are used as soft drapes.

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Lyocell fibers are usually found in high end and designer apparel. This widest application is in the fabric industry. it is mainly used in the manufacture of high end fabric products but in rare case it is used in homemade fabrics which include bath towels, sheets, pillow cases and drapes. The main industrial uses of lyocell fibers include its use in conveyor belts, ultra-low cigarette filters, printers’ blankets, abrasive backings, specialty papers, medical dressings among others. Lyocell fabric does not need to be ironed or steamed as it is a non-crumple type of fabric and can be used in the manufacture of denim, chino and chambray casual wear. The production costs for lyocell fibers are more as compared to cotton, silk and rayon. Due to its biodegradable nature, a number of companies are trying to switch to lyocell fabric garments. During the dyeing on lyocell fibers companies may use environment friendly or harmful methods so that the dye catches on to the fabric.

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Lyocell fiber is considered as a cellulosic fiber along with rayon. This fiber has been introduced in the market in the recent years and is slowly being expanded in the rayon market. The Lyocell fiber is becoming increasingly popular due to its biodegradable nature and due to increasing awareness of environmental sustainability in the fiber and textile industry. The manufacturing process of lyocell is environmentally benign, and is continually gaining importance and acceptance from various end users.

The key segments considered for this market include North America, Europe, Asia Pacific and Rest of the World (RoW). the demand for the lyocell fiber market is low over the past few years in all the above regions but is expected to penetrate the market in the next few years. The North American and European regions are foreseen to see high market demand in the near future for the lyocell fiber market owing to its biodegradable properties. The market for these fibers in the Asia Pacific market is still low owing to its relatively high prices and it tight supply. However, this market is expected to grow at a slow rate in Asia pacific countries especially in India and China. There have been a rise among producers for lyocell fibers and hence the Chinese market is expected to see a gradual rise.

The market for lyocell fibers is expected to be dominated by a few big players due to the considerable barriers to the entry of the cellulosic fiber market especially the lyocell fiber market owing to the high cost of production and high set up costs. Hence the key players profiled for the lyocell market include Lenzing AG based in Austria and Birla Company based in India among others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America
Asia Pacific
Europe
Rest of the World

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