1. What is the projected Compound Annual Growth Rate (CAGR) of the Viscose Staple Fiber Market?
The projected CAGR is approximately 8.6%.
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Viscose Staple Fiber MarketViscose Staple Fiber Market by Type (High Wet Modulus Fiber, Strong Fiber, Modified Fiber, Others), by Application (Woven, Non-Woven, Specialty), by End-Use Industry (Textile Apparels, Healthcare, Automotive, Others), by North America (U.S., Canada) Forecast 2026-2034
The Viscose Staple Fiber Market size was valued at USD 16.96 USD Billion in 2023 and is projected to reach USD 30.22 USD Billion by 2032, exhibiting a CAGR of 8.6 % during the forecast period. Viscose staple fibre that is derived from cellulose sources is now one of the most popular fibre options among users for its high absorbency, softness, and eco-friendliness. As a major element used in textiles, it is processed through the advanced technology of the viscose method. The eco-friendliness of this material is due to its biodegradability and renewable sourcing. Such attributes make it sustainable. Due to its ability to be adapted for multiple manufacturing processes, it not only improves the performance and user experience of products, but it also helps to produce quality products. This development has become truly worthy of being hailed as an exemplary result of research endeavours by nature of its versatility, and ability to function in numerous realms of application, such as apparel, home textiles and non-woven fabrics.
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May 2023: Kelheim Fibres GmbH and Santoni Spa partnered to develop menstrual underwear using viscose fibre.
November 2022: LENZING Group achieved 300,000 tons of LENZING ECOVERO fibre production, aiming to double capacity by 2023.
March 2022: Birla Cellulose and Renewcell signed a letter of intent for a collaboration involving high-quality textile fibres made from recycled material.
This comprehensive report offers an in-depth analysis of the viscose staple fiber market, encompassing:
The report segments the viscose staple fibre market based on type, application, end-use industry, region, and leading players. Each segment is analyzed in detail to provide insights into market dynamics and growth potential.
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 8.6% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 8.6%.
Key companies in the market include Grasim Industries Limited. (India), LENZING Group (Austria), Tangshan Sanyou Group Xingda Chemical Fiber Co.Ltd (China), Sateri Holdings Limited (China), Kelheim Fibers GmbH (Germany), Xinjiang Zhongtai Chemical Co., Ltd. (China), Kayavlon Impex Pvt. Ltd. (India).
The market segments include Type, Application, End-Use Industry.
The market size is estimated to be USD 16.96 USD Billion as of 2022.
Increasing Product Demand from Fashion & Apparel Industry to Drive Market Growth.
Adoption of Recycling and Circularity in Fashion Industry to Create New Growth Opportunities for Market.
Environmental Issues Caused by VSF’s Production Process to Hamper Market Growth.
May 2023 - Kelheim Fibres GmbH and Santoni Spa joined forces to develop a sustainable and advanced menstrual underwear from superior-quality performance viscose fiber and advanced machine technology. The product comprises a softer outer layer and an inlay part made from superior wood-based fibers.
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The market size is provided in terms of value, measured in USD Billion and volume, measured in Million Tons.
Yes, the market keyword associated with the report is "Viscose Staple Fiber Market," which aids in identifying and referencing the specific market segment covered.
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