North America Lyocell Fiber Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The North America lyocell fiber market size reached US$ 214.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 312.5 Million by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America lyocell fiber market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on product and application.
Key Regions Analysed
United States
Canada
Mexico
Analysis for Each Country
Market by Product
Staple Fiber
Cross-Linked Fiber
Market by Application
Apparel
Home Textiles
Medical and Hygiene
Automotive Filters
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report:
How has the North America lyocell fiber market performed so far and how will it perform in the coming years?
What are the key regions in the North America lyocell fiber market?
What has been the impact of COVID-19 on the North America lyocell fiber market?
What is the breakup of the North America lyocell fiber market on the basis of product?
What is the breakup of the North America lyocell fiber market on the basis of application?
What are the various stages in the value chain of the North America lyocell fiber industry?
What are the key driving factors and challenges in the North America lyocell fiber industry?
What is the structure of the North America lyocell fiber industry and who are the key players?
What is the degree of competition in the North America lyocell fiber industry?
What are the profit margins in the North America lyocell fiber industry?
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