Market Research Report
North America Lyocell Fiber Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024
|North America Lyocell Fiber Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024|
Published: December 10, 2019
IMARC Services Private Limited
Content info: 85 Pages
Delivery time: 2-3 business days
The North America lyocell fiber market reached a value of US$ 177.2 Million in 2018. Lyocell fiber is a type of regenerated cellulose fiber. It is made from natural cellulose, found in wood pulp, by using the process of dry jet-wet spinning. Lyocell fiber has properties similar to that of other cellulose fibers, including cotton, linen, ramie, viscose rayon. The fiber is soft, absorbent, resistant to wrinkles and dyeable in any color. Lyocell fiber can be washed or dry-cleaned and is able to simulate a range of textures, such as suede, leather and silk. The fiber can be blended with linen, cotton, silk and others to produce specialty products, such as medical dressings, as it is prepared with non-toxic and organic solvents.
The North America lyocell fiber market is currently driven by several factors. Rapid product innovation and product differentiation in the medical apparel sector is driving the demand for lyocell fiber. It is used in the manufacturing of baby diapers and surgical coats for doctors and nurses. Moreover, growing awareness of sterilized products for healthcare purposes and the increasing demand for biodegradable fibers is also catalyzing the market growth. Furthermore, the clothing industry uses lyocell fiber owing to its durability and high tensile strength to manufacture long-lasting products. Looking forward, IMARC Group expects the market to reach a value of US$ 268.3 Million by 2024, registering a CAGR of around 7% during 2019-2024.
Report Customization: Although IMARC has tried to cover everything in the North America lyocell fiber market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.