The Global Lyocell Fiber Market generated revenue of around USD 941 million in 2020 and is anticipated to grow at a CAGR of over 9.97% during the forecast period from 2021 to 2027 to reach around USD 1,931.13 million in 2027.
Global Lyocell Fiber Market, 2020 – 2027 (USD Million)
Lyocell staple fiber is a type of cellulose fibers manufactured by dissolving bleached wood pulp through dry jet-wet spinning process. Superior fabric properties of lyocell staple fiber enhances it utilization for several industrial purposes such as bandages, ropes, automotive fillers and abrasive materials among others. Lyocell staple fibers share various properties with diverse cellulosic fibers such as linen, cotton, viscose rayon and ramie. Some of the major characteristic properties of lyocell staple fibers include softness, durability, absorbance, and resistance to wrinkles. Also, handling, maintenance and washing of lyocell staple fibers is easier than other cellulosic fibers since lyocell can be dry-cleaned or machine washed, can be dyed with a diverse range of colors and can mimic a wide range of textures such as leather, silk and suede.
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Asia Pacific Dominated the Global Lyocell Fibers Market
Region wise, Asia-Pacific recorded the highest consumption of lyocell staple fibers in 2020, followed by North America and Europe. China recorded the highest consumption of lyocell staple fibers in 2020 due to increasing growth of the textile industry in the country. Moreover, increasing exports of home textiles from China to other Asian countries is further expected to drive the China lyocell staple fibers market. Also, increasing consumer spending and increasing influence of western culture in India, Korea and Indonesia is further expected to drive the Asia-Pacific lyocell staple fiber market. Factors affecting growth are high rate of urbanization, increasing number of textile manufacturers and easy availability of lyocell staple fibers due to enhancement in distribution channel.
Apparels Segment to Dominate the Lyocell Fiber Demand
Lyocell staple fibers are widely used in a broad range of applications such as home textiles, apparel, surgical products, diapers, personal care products, automotive filters, cigarette filters, etc. Apparel segment accounts for the largest share of over 35% in the global lyocell staple fiber market, due to increasing demand for durable, soft and biodegradable fabrics. Also, increasing growth of the apparel industry owing to changing consumer lifestyles as well as rising per capita disposable incomes are some major factors driving the demand for lyocell staple fibers in the apparels application. Moreover, increasing demand for soft and aesthetically efficient fabrics in home textile applications further drives the overall demand. Rising use of lyocell staple fibers in the manufacture of diapers owing to high absorbency and high strength are further expected to drive the overall demand.
Nonwoven Fabrics to Propel the Demand for Lyocell Fiber
Lyocell staple fibers find widespread uses in the manufacture of hygiene and medical nonwoven products since it does not comprise any toxic materials that might interact with the tissues or other medication. Solvent spun lyocell staple fibers provide high durability, strength, absorbency, biodegradability and purity, making them ideal for nonwoven applications such as filters, wipes, feminine hygiene products, etc. In addition, lyocell staple fibers furnishes the advantage of being fully compostable and biocompatible when compared to other synthetic polymer fibers, thus making them the preferred choice among consumers. Nonwoven fabrics are utilized in a wide variety of applications since its strength and texture can be adjusted by changing the manufacturing process, raw material used, density or sheet thickness. Nonwovens are used across a broad range of applications such as construction, automobiles, agriculture, cosmetics, medicine and clothing among others. Nonwoven fabrics can be made using lyocell staple fibers through various processes such as spun lacing, needle punching, latex bonding, wet laying, air laying, spun bounding, etc. The wet resilience characteristic of the lyocell fabrics plays an important role in adult incontinence products, feminine hygiene products and baby diapers, since it becomes soft and more elastic when in wet state. Owing to increasing advancements in the manufacturing technologies of nonwovens coupled with increasing awareness among consumers regarding the use of incontinence and feminine hygiene products as well as increasing consumer spending are some factors driving the demand for lyocell staple fibers for nonwoven applications. Also, increasing demand for biodegradable and eco-friendly sanitary products is further driving the demand for lyocell staple fibers.
Lenzing AG Dominate the Global Lyocell Fiber Market
The competitive rivalry is low because of limited presence of players. Majority of the key players present in the market are considerably high on product offering strength as each player is capable of offering wide variety of lyocell staple fibers due to increasing demand from several end-use applications. Lenzing AG (Tencel) is positioned considerably high on product offering strength as it offers wide array of lyocell staple fiber products. Grasim Industries and Smart Fiber AG on the other hand are also positioned high on product offering strength. These players have restricted their businesses to limited products and striving to maintain its position by offering excellent products complying highest quality standards worldwide. These players are aggressively investing on product innovation and product quality maintained at their in-house R&D facilities. Lenzing AG held over 50% share in global sales as well as production in 2020.
Global Lyocell Fiber Market, By Type, 2015 – 2027
- Staple Fiber
- Cross-Linked Fiber
Global Lyocell Fiber Market, By Application, 2015 – 2027
- Apparel
- Home Textiles
- Surgical Products
- Baby Diapers
- Tire Cord
- Conveyor Belts
- Specialty Papers
- Others
Global Lyocell Fiber Market, By Company, 2018 – 2020
- Lenzing AG
- Chon Bang
- Aditya Birla
- Smart Fiber AG
- Qingdao Textiles
- Weiqiao Textile Company Limited
- Acelon
- City Vector
- China Populus Textile Ltd.
- Baoding Swan Fiber Co. Ltd.
- Sateri
- Longcell
- Others
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