Viscose Staple Fiber Market Analysis Size,
Growth rate and Overview:
Viscose Staple Fiber Market was valued at USD xx billion in 2017 and
is expected to reach almost USD
xx billion by the end of 2023, growing
at a CAGR of around 5.79% over the predicted period.
Viscose is an organic liquid designed
from wood pulp. The processing of VSF imparts it with personal characteristics,
such as high strength and low precipitation retention, that are useful in the
textile and garments industries. Furthermore, these fibers are best suited for
the highly-advanced computers in the textile industry. Garments are one of the oldest and largest
export industries in the world. It is one of the fastest growing global
industries as most developing countries manufacture for the textile and apparel
market. The apparel & clothing industry is growing at a normal rate despite
the economic slowdown and the trend will majorly drive the viscose staple fiber
market during the projection period.
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Viscose Staple Fiber Market Key Drivers, Challenges, and Opportunities:
Changing fashion courses and rise in
shopping habits among the consumers is triggering the increase rate of the
global viscose staple fiber market. Nevertheless, competition from synthetic
fibers is limiting the market. The increasing use of cellulose fiber in
healthcare bills is likely to generate the opportunity to the global business
during the forecast period.
The world viscose staple fiber
business has been segmented on the basis of the production process, type, and
application. On the basis of type, the market has been divided into high wet
modulus fiber, conventional fiber, and strong fiber. On the basis of the production
process, the market has been divided into rayon grade caustic soda, pulp,
sulfuric acid, and reproduction disulfide. On the basis of demand, the global
market has been divided into textile apparels, non-woven, and specialty.
Non-woven and specialty are additionally segmented into healthcare, automotive
and others. Healthcare division dominated the global viscose staple fiber
market.
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Viscose Staple Fiber Market – Regional Presence:
Asia-pacific is anticipated to
dominate the market throughout the forecast period. China is the biggest
producer and consumer of viscose staple fiber, globally. The nation accounts
for 65% of the total viscose staple fiber, owing to the rapidly growing yarn
production. With the rise in yarn production in China, the demand is
anticipated to grow. Yarn production has been growing, due to the increased
production of non-woven fabrics in the countryside. The textile industry in
India is one of the most vital sectors of the economy, contributing nearly 4.0%
to the country’s GDP.
Some of the Key Players Profiled
in this Viscose Staple Fiber Market Report are:
Aditya Birla Management
Corp. Pvt Ltd, Tangsgan Sanyou Group, Xingda Chemical Fibre Co. Ltd, Sateri
Holding Ltd, Lenzing AG
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Global Sales Manager
Research Cosmos
www.researchcosmos.com
+1 888 709 8757
https://marketreportsweb.com/
https://acutemarketinsights.com/
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