Growing demand for sustainable textiles is one of the major drivers of the lyocell fabric market. There is increasing demand for sustainable and eco-friendly textiles. As consumers become more aware of the environmental impact of their purchasing decisions, they are looking for textiles made from renewable sources and produced using sustainable manufacturing practices. Lyocell, which is made from wood pulp and produced using a closed-loop process, is seen as a sustainable alternative to traditional textiles made from cotton or synthetic fibers.
Advances in technology have also played a significant role in the growth of the lyocell fabric market. Improvements in manufacturing processes and fiber quality have made it possible to produce high-quality lyocell fibers at lower costs, which has led to increased adoption of the material in a variety of applications.
The global lyocell fabric market was valued at US$ 1.1 Billion in 2021 with a CAGR of 6.9% during the forecast period (2022 to 2030).
The Lyocell Fabric Market is highly competitive, with several prominent players operating in the industry. Here's a brief overview of some of the major companies in this space:
Top Companies in the Lyocell Fabric Manufacturing Industry:
1. Lenzing A.G.: Lenzing A.G. is an Austria-based company that specializes in the production of sustainable cellulose fibers, including lyocell. It was established in the year 1892.The company's TENCEL brand of lyocell fibers is used in a wide range of applications, including clothing, home textiles, and industrial products. In 2021, the company announced plans to expand its lyocell fiber production capacity by 25,000 tons per year at its plant in Mobile, Alabama, in response to growing demand for sustainable fabrics.
2. Aditya Birla Group: Aditya Birla Group is a multinational conglomerate based in India that has a significant presence in the textile industry. Its establishment year is 1857. The company produces a range of fibers, including lyocell, under its Birla Cellulose brand. The company's textiles arm, Grasim Industries, in February 2020, announced plans to set up a new lyocell plant in India with a capacity of 18,000 tons per year. This new facility will be one of the largest lyocell plants in the world and will use the latest technology to produce sustainable and eco-friendly fibers.
3. AkzoNobel N.V.: AkzoNobel is a Netherlands-based multinational company that produces a wide range of chemicals, including specialty cellulose used in the production of lyocell fibers. The company's Eka brand is well-known in the industry for its high-quality cellulose products. The company was first established in 17th century.
4. Smartfiber AG: Smartfiber is a Germany-based company that specializes in the production of high-tech functional fibers, including lyocell. The company's lyocell fibers are used in a variety of applications, including clothing, sports equipment, and medical textiles. The company was started in the year 2006.
5. Nien Foun Fiber Co., Ltd.: Nien Foun Fiber is a Taiwan-based company that produces a range of cellulose fibers, including lyocell. Established in 1979, the company's lyocell fibers are used in a variety of applications, including clothing, home textiles, and medical textiles.
6. Invista: Invista is a US-based company that produces a range of specialty fibers, including lyocell. The company's TECGEN brand of lyocell fibers is used in a variety of high-performance applications, including firefighter turnout gear and military uniforms. The company’s establishment year is 2004.
7. Baoding Swan Fiber Co. Ltd.: Baoding Swan Fiber is a China-based company that specializes in the production of lyocell fibers. The company was established in the year 2002. The company's products are used in a wide range of applications, including clothing, home textiles, and industrial products.
8. Qingdao Textiles Group Fiber Technology Co., Ltd.: Qingdao Textiles Group Fiber Technology is a China-based company that produces a range of cellulose fibers, including lyocell. The company’s establishment year is 1952.
9. China Bambro Textile (Group) Co., Ltd.: China Bambro Textile is a China-based company that produces a range of fibers, including lyocell. The company's products are used in a variety of applications, including clothing, home textiles, and industrial products. The company was first established in the year 1952.
10. Acegreen Eco-Material Technology Co. Ltd.: Acegreen Eco-Material Technology is a China-based company that is established in the year 2011. The company produces a range of eco-friendly fibers, including lyocell. The company's products are used in a variety of applications, including clothing, home textiles, and medical textiles.
11. China Populus Textile Ltd.: China Populus Textile is a China-based company that specializes in the production of lyocell fibers. The company was first established in the year 2007. The company's products are used in a variety of applications.
12. Acelon Chemicals & Fiber Corp.: Acelon Chemicals & Fiber is a Taiwan-based company with establishment year 2003. It produces a range of fibers, including lyocell. The company's products are used in a variety of applications such as clothing, home textiles, and medical textiles.
Definition: Lyocell fabric is a type of sustainable cellulose fiber made from wood pulp, usually eucalyptus, using a closed-loop manufacturing process.
