Rayon Fiber Trends and Forecast
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 rising interest in sustainable and environmentally friendly textiles, growing popularity of athleisure and activewear, as well as, rapid expansion of the textile industry in developing economies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Rayon Fiber by Segment
The study includes a forecast for the global rayon fiber by type, application, and region.
Rayon Fiber Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Viscose Fiber
• Polynosic/ Modal Rayon Fiber
• Tencel/Lyocell Rayon Fiber
• Others
Rayon Fiber Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Automotive & Transportation
• Personal Care
• Manufacturing
• Textile
• Healthcare
• Aerospace & Defense
• Cool Material
• Others
Rayon Fiber Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Rayon Fiber Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies rayon fiber companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the rayon fiber companies profiled in this report include-
• Asahi Kasei
• Tangshan Sanyou Group Xingda Chemical Fibre
• Toray Industries
• Aditya Birla
• Fulida
• China Hi-Tech Group
• Lenzing
• Mitsubishi Chemical
• Aoyang Technology
• Indorama Ventures
Rayon Fiber Market Insights
Lucintel forecasts that 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 this market, textile will remain the largest segment due to the growing usage of rayon fiber in everyday home goods such carpets and rugs, bed linens, blankets, pillows and pillowcases, and textiles for home furnishings.
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.
Features of the Global Rayon Fiber Market
Market Size Estimates: Rayon fiber market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Rayon fiber market size by type, application, and region in terms of value ($B).
Regional Analysis: Rayon fiber market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the rayon fiber market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the rayon fiber market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for rayon fiber market?
Answer: The global rayon fiber market is expected to grow with a CAGR of 7.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the rayon fiber market?
Answer: The major drivers for this market are rising interest in sustainable and environmentally friendly textiles, growing popularity of athleisure and activewear, as well as, rapid expansion of the textile industry in developing economies.
Q3. What are the major segments for rayon fiber market?
Answer: 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.
Q4. Who are the key rayon fiber market companies?
Answer: Some of the key rayon fiber companies are as follows:
• Asahi Kasei
• Tangshan Sanyou Group Xingda Chemical Fibre
• Toray Industries
• Aditya Birla
• Fulida
• China Hi-Tech Group
• Lenzing
• Mitsubishi Chemical
• Aoyang Technology
• Indorama Ventures
Q5. Which rayon fiber market segment will be the largest in future?
Answer: Lucintel forecasts that 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.
Q6. In rayon fiber market, which region is expected to be the largest in next 5 years?
Answer: 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.
Q.7 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the rayon fiber market 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)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Rayon Fiber Market, Rayon Fiber Market Size, Rayon Fiber Market Growth, Rayon Fiber Market Analysis, Rayon Fiber Market Report, Rayon Fiber Market Share, Rayon Fiber Market Trends, Rayon Fiber Market Forecast, Rayon Fiber Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.