Global Viscose Fiber Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Viscose Fiber Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Viscose fiber is a semi-synthetic fiber made from regenerated cellulose fibers.

Viscose fibers are used in the manufacture of a variety of products. The fabric is comfortable to wear and soft to the touch. This fiber is both smooth and cool compared to other fibers. It is highly absorbent and very similar to cotton.

Market Overview:

The latest research study on the global Viscose Fiber market finds that the global Viscose Fiber market reached a value of USD 15380.63 million in 2022. It’s expected that the market will achieve USD 20731.44 million by 2028, exhibiting a CAGR of 5.1% during the forecast period.

Limitations

The garment industry is one of the most polluting industries. Viscose fibers can cause environmental damage from raw materials to production. First, the raw material of viscose fiber is wood. If there is no good control, cutting down trees will affect the environment. Many toxic chemicals are needed in the production process. Improper handling can lead to serious environmental and health problems.
Synthetic fibers are made of synthetic polymers and are the downstream industry of petrochemicals. Synthetic fibers have also been an important fabric in the apparel industry and have been widely used. Competition between fabrics can affect the market for viscose fibers.
Viscose fibers use many toxic and hazardous chemicals in the production process. Since the production of viscose fiber is concentrated in developing countries, the protection of workers may not be comprehensive. Workers are at risk of poisoning during production and are not good for their health.

Region Overview:

From 2023-2028, China is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Lenzing AG, Aditya Birla Group, Tangshan Sanyou Chemical Industries Co.,Ltd with the revenue market share of 19.01%, 18.48% and 9.04% in 2018.

The Lenzing Group is an international group headquartered in Austria. Lenzing produces wood viscose, modal, lyocell and filament yarns used in the textile industry - clothing, home textiles and industrial textiles - as well as the nonwovens industry.

Aditya Birla Group is a large and diversified multinational company, one of the world's top 500 companies, with more than 50% of its revenue from overseas operations. With operations in 36 countries and more than 120,000 employees, the group is India's largest manufacturing multinational.

Segmentation Overview:

Among different product types, Viscose Staple Fiber segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Viscose Process segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Viscose Fiber market covered in Chapter 3:

Xinxiang Chemical Fiber Co., Ltd
Funing Aoyang Technology Co., Ltd
Jilin Chemical Fiber
Aditya Birla Group
Shandong Silver Hawk Chemical Fiber Co Ltd
Sateri
Fulida Group
Shandong Bohai Industry Company Limited
Tangshan Sanyou Chemical Industries Co.,Ltd
Yibin Grace Group Corporation Limited
Shandong Helon
Lenzing AG

In Chapter 4 and Chapter 14.2, on the basis of types, the Viscose Fiber market from 2018 to 2029 is primarily split into:

Viscose Long Fiber
Viscose Staple Fiber

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Viscose Fiber market from 2018 to 2029 covers:

Viscose Process
Lyocell Process
Modal Process

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)