[Market Report] Global Market for Lyocell Fibers
The global market for lyocell fibers is leading a sustainable fiber revolution, with significant growth expected.
The global lyocell fiber market is at the forefront of the sustainable fiber revolution, achieving a market size of 1.4 billion USD in 2022. By maintaining an unwavering focus on ecological innovation, industry experts predict that this market will reach a size of 2.7 billion USD by 2031. This anticipated surge highlights a robust compound annual growth rate (CAGR) of 8.2% during the forecast period from 2022 to 2031. Lyocell fibers, made from sustainably sourced wood pulp, are a testament to the harmony between nature and technology. As the fashion and textile industries address environmental issues, lyocell fibers offer a renewable and biodegradable alternative that does not compromise on aesthetics or functionality. For application methods, please check the [PDF download] button or apply directly through the related links.
- Company:Panorama Data Insights Ltd.
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