According to a market report by Lucintel, the future of the global rayon fiber market looks promising with opportunities in the automotive & transportation, personal care, manufacturing, textile, healthcare, aerospace & defense, and cool material markets. The global rayon fiber market is expected to grow with a CAGR of 7.4% from 2024 to 2030. The major drivers for this market are the changing lifestyle and the expanding fashion industry, rising demand for rayon fibers from the textile industry, and consumers and businesses are increasingly prioritizing eco-friendly materials, rayon, being derived from natural cellulose, perfectly aligns with the trend.
A more
than 150-page report to understand trends, opportunity and forecast in global rayon
fiber market to 2030 by type (viscose fiber, polynosic/ modal rayon fiber,
tencel/lyocell rayon fiber, and others), application (automotive &
transportation, personal care, manufacturing, textile, healthcare, aerospace
& defense, cool material, and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category viscose fiber will remain the largest
segment over the forecast period due to the increasing amount of money invested
in viscose fiber manufacturing and there are more effective production
techniques that manufacture viscose in a closed-loop system, reducing
pollutants.
Within the
application category, textiles will remain the largest segment due to the
growing usage of rayon fiber in everyday home goods such as carpets and rugs,
bed linens, blankets, pillows and pillowcases, and textiles for home
furnishings.
Download
sample by clicking on rayon fiber market.
In terms
of regions, APAC will remain the largest region over the forecast period due to
large-scale production of rayon fiber in the region, particularly in China
where labor costs are lower and working conditions are better.
Qorvo,
Microchip Technology, Broadcom, Analog Devices, Infineon Technologies, Sumitomo
Electric Industries, Win Semiconductors are the major suppliers in the rayon fiber market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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