Viscose Staple Fiber –
Report Highlights
Worldwide Viscose Staple Fiber market
research report covers the present scenario and the growth prospects of the
Worldwide Viscose Staple Fiber Market for the period 2015 – 2021. The report
provides an in–depth analysis of the market size and growth prospects of the
Worldwide Viscose Staple Fiber market. This research report includes a detailed
market segmentation of the Worldwide Viscose Staple Fiber Market and Worldwide
Fiber Market.
Application-based
Segmentation of Viscose Staple Fiber Market
1) Textiles
2) Apparel
3) Home furnishing
4) Non-woven
5) Packaging
6) Automotive parts
7) Others
Segmentation by
Geography
1) APAC
2) North America
3) EMEA
5) Latin America
Viscose Staple Fiber –
Market Size and Dynamics
Market Research Analysts at Beige
Intelligence, expect the Worldwide Viscose Staple Fiber Market to reach approx.
US $16 billion by 2021 and the market to grow at a CAGR of 4.64% during the
forecast period. Viscose fibers, primarily made of wood pulp are chemically
solidified cellulose fibers that shows high structural resemblance with cotton
fibers. Viscose fiber, usually soft, finds extensive applications in the
manufacture of apparel, non-woven hygiene products and as a packaging material.
Viscose or Rayon is often termed to be the reason behind the demise of the
traditional textile industry in the 19th century for that it turned out to be
an effective alternative to cotton, wool and silk. Viscose fiber has seen a
dramatic rise in its adoption since its introduction as unlike cotton, it is
not only cheaper to produce but also has a supply chain that is reasonably
insulated to environmental risks and agricultural commodity- price shocks.
The Worldwide Viscose Staple Fiber
Market has been segmented on the basis of production method, application and
geography. While apparel manufacture constitutes 70-80% of the applications for
the material, non-woven manufacture remains an interesting opportunity in view
of the rapidly growing demand.
Viscose Staple Fiber
Market – Trends, Drivers and Challenges
This market research report provides an
overview of the factors driving and restraining the growth of the Worldwide
Viscose Staple Fiber market. The report also outlines the key trends emerging
in the market that will contribute to the growth of market during the forecast
period. Some of the factors driving the growth of the market include the
volatility and supply shocks of its substitute -cotton. Cotton prices are often
subjected to immense volatility on account of uncertain climate conditions and
supply-chain constraints forcing apparel manufacturers to turn to substitutes.
Viscose stands as a strong substitute to not only cotton but also to synthetic
polymers such as polyester and acrylics on account of the replenish- able
nature of its raw material. Viscose products, on account of their cellulosic
origin are termed to be environment and skin-friendly on account of their
botanical origin.
Some of the impending challenges
confronting the viscose staple fiber market include over-expansion and
under-utilization of production capacities, particularly in China. The global
Viscose production capacity, which stands at 5.65 million tons in 2015 expanded
by 35% in the last five years, with growth in demand often trailing that of the
production. Further, a growing preference for alternative cellulosic fibers
such as lyocell and modal fibers that are produced through energy-efficient
closed loop processes and symbiotic resource management is posing a challenge
to the viscose fiber market.
With rapidly evolving fashion trends, we
expect the demand for low cost raw materials to gain prominence which
eventually shall drive the demand for viscose fiber and allied products.
Further, biodegradability shall emerge as a key differentiator and determinant
influencing the purchase decision of several consumables, which we believe
shall drive the demand for materials that are botanical and replenishable.
Viscose Fiber Staple –
Key Vendors and Market Share
This market research report profiles the
major companies in the market and also provides a competitive landscape of key
players. The major players in the market includes Aditya Birla Group, Lenzing
AG, Zhejiang Fulida Company Limited, Tangshan Sanyou Group Company Limited and
Sateri. Some of the other prominent vendors featured in the report include
Jilin Chemical Fiber Group, Kelheim Fibers, Glanzstoff Industries, Jiangsu
Aoyang Technology Corporation Limited, Swan Fiber Company, Yibin Grace Group
Company and Nanjing Chemical Fiber Co., Ltd.
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