The global Lyocell Fiber market size is projected to reach USD 1.51 billion by 2029
Published Date: Sunday,14 Apr,2024
Lyocell, derived from cellulose, is known as a man-made fiber. It is popularly known by the brand name ‘Tencel.’ Lyocell, a type of rayon fiber, is manufactured in a closed-loop method through a solvent spinning technique, wherein the cellulose undergoes a limited chemical change. Lyocell fibers are widely used in the textile industry in a broad range of apparels and home textiles. These fibers are also used in the medical industry in the production of medical equipment and surgical products.
According to the new market research report “Global Lyocell Fiber Market Report 2023-2029”, published by GlobalInfoResearch, the global Lyocell Fiber market size is projected to reach USD 1.51 billion by 2029, at a CAGR of 7.7% during the forecast period.
- Global Lyocell Fiber MarketSize(US$ Million), 2018-2029
Source: GlobalInfoResearch, “Global Lyocell Fiber Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”
- GlobalLyocell FiberTop 7 Players Ranking and Market Share(Based on data of 2021, Continually updated)
Source: GlobalInfoResearch, “Global Lyocell Fiber Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.
The global key manufacturers of Lyocell Fiber include Auyuan Beauty , Sateri, Hubang Lyocell, Shandong Yingli Industrial, Hi-Tech Fiber Group Corporation, Grecell, Lenzing, etc. In 2022, the global top five players had a share approximately 90.0% in terms of revenue.
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