Lyocell Fabric Market – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

  • Published On : Nov 2019 |
  • Pages : N/A |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

The global lyocell fabric market size is expected to witness potential gains in the future, and register a significant CAGR of 7.94% over the forecast period (2019 - 2027).

Market Overview

Lyocell fabric is a natural, manmade fiber. This regenerated cellulose fiber is made from wood pulp. It is sold under the brand name Tencel in the U.S. It is made with wood pulp from sustainable tree farms using a solvent spinning technique and is biodegradable. Major application of lyocell fabric is in the garment industry. It is also used in the automotive filters, ropes, abrasive materials, bandages and protective suiting materials.

Market Dynamics

Increasing preference for organic clothing among the populace is expected to boost the market size for lyocell fabric. The use of lyocell fabric (under the brand name Tencel) in the mainstream fashion and eco-fashion industries has increased significantly. Amine oxide is used as a non-toxic solvent in production of lyocell and can be easily recycled during the process.

However, toxic chemicals and processes that are used in production of conventional garments are also used in converting lyocell fibers into fabric and garments. It is also more expensive than cotton. Therefore, presence of alternative fabrics that are cheaper than lyocell is expected to hinder growth of the lyocell fabric market.

Presence of a few number of manufactures in the market can be a lucrative growth opportunity for new entrants entering in the market. 

Market Outlook

Among regions, North America is expected to witness significant growth in the market over the forecast period. This is owing to increasing preference of biodegradable fabric among the populace in the region. Presence of major pharmaceutical companies and growing healthcare industry in the region is also expected to impact the market size in the region. Lyocell fabric is used in non-woven apparels such as baby diapers, surgical swabs, and filtration applications.

The market share of Asia Pacific is expected to witness relatively low growth, owing to high prices of lyocell fabric. Low presence of market players and high use of alternatives is also expected to impact the market growth in the region. However, increasing disposable income in the region is expected to aid the market growth to some extent.

Europe is expected to witness significant growth in the market, owing to growing automotive sector in the region. Lyocell fabric is used for seat covers and battery separators in the automotive industry.

Key Players

Key players operating in the lyocell fabric market include, Aditya Birla Group, Acegreen Eco-Material Technology Co., Ltd., Lenzing AG, and Baoding Swan Fiber Co. Ltd.

Research Methodology

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  • Primary Research (Trade Surveys and Experts Interviews)
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In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Data Triangulation Methodology | Coherent Market Insights

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Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

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Coherent Statistical model

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Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

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  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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