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North America Lyocell Fiber Market Size to Exceed USD 420 Million by 2024

Author : Ronak Bora | Published Date : 2020-09-21 

The market analysis on North America Lyocell Fiber Market provides a holistic view on the overall industry along with laying significant focus on crucial details pertaining to its foothold in the global economy and its applications across multiple end-user industries and sectors.

According to the given report, the North America lyocell fiber industry recorded a valuation of USD 256 million in 2018 and is further anticipated to surpass a mammoth of USD 420 million by the end of 2024, while depicting a CAGR of 8.7% through 2024. Besides, the study also includes information on the current market scenario, developing technologies, widely spread competitive landscape, future growth prospects, tactics undertaken by market rivals, and vivid market segmentations.

The research report also lays emphasis on the fundamental factors that are propelling the market growth over the foreseeable period, along with offering elaborative details of the trends that the industry is characterized by.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1214/sample

The overall North American lyocell fiber market is divided on the basis of various application, product, regions, and competitive landscape spectrums.

North America lyocell fiber market size for staple fiber is likely to occupy a significant share of the industry and is likely to witness gains close to 8% during the forecast period. The staple fiber are widely applicable in denims, towels, casual wear, etc. and can easily segregate into fibrils. Lyocell cross linked fibers segment will witness a decent growth due to its wide applications in woven fabric products. Cross-linked fiber is projected to hold a share of about 30% of the overall North America lyocell fiber market size by 2024.

The industry is diversified into U.S., Canada and its analysis has also been addressed in the document. The report incorporates analysis on various factors supporting the growth of regional markets, along with the trending growth opportunities prevalent in every region, their growth rates over the projected timeframe, technologies used, regulatory reforms, and individual market share.

Lyocell fiber application in apparels is anticipated to hold a market share of over 50% in North America, with gains of over 8% in the coming years. With increasing apparel exports, the U.S. manufacturers have designed new strategies to compete in the industry. Lyocell manufacturing process is ecofriendly, the product being 100% cellulose is easily biodegradable and has the potential to re-use and remanufacture. These factors will drive the lyocell fiber market size in the in near future.

The overall lyocell fiber industry in North America is highly consolidated and claims presence of companies like Lenzing AG, Linyi Lingying Chemical Fiber, Aditya Birla Group, Chonbang Company, China Populus Textile Limited, etc whose individual market shares and company profiles have been enlisted in the report. Moreover, the analysis also includes the firms’ strategies and their stance in the global landscape.

[TOC Chapters]

 

Chapter 4.  North America Lyocell Fiber Market Size, by Product, 2013 - 2024

 

  • Staple Fiber
  • Filament Fiber
  • Cross-linked Fiber

 

Chapter 5.  North America Lyocell Fiber Market Size, by Application, 2013 – 2024

 

  • Apparels
  • Home Textiles
  • Surgical Products
  • Baby Diapers
  • Automotive Filters
  • Others

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1214/north-america-lyocell-fiber-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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