Skip to main content

Posts

Showing posts with the label Global Lyocell Fiber Industry Analysis

Growth of Apparel Sector Fuels Global Lyocell Fiber Market to Expand at 7.90% CAGR from 2014-2020

The rapid development in the technical textiles and apparel industries has had a positive impact on the demand for lyocell fibers, states Transparency Market Research in its recent report. The 62-page research publication reveals that registering a strong CAGR of 7.90% during the forecast period, the  global lyocell fibers market  is poised to rise from US$692.7 Mn in 2013 to US$1,179.5 Mn by 2020. The report is titled “Lyocell Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020” and is available for sale on the company website.  While new product development in the medical sector and growing trend of eco-friendly fiber is anticipated to boost the lyocell fiber market, it is projected to be held back owing to availability of low-cost substitutes. Lyocell fibers possess superior qualities of absorbency and softness and are biodegradable. Get the PDF Brochure for more  Professional and Technical industry insi...