Market Challenges And Opportunities

Drivers:

Increasing preference towards use of bio-based resources in various end-use industries such as healthcare and textile is expected to drive demand for lyocell fabric during the forecast period. Lyocell is 100% biodegradable in nature and its production does not produce any harmful by-products. Lyocell is produced from eucalyptus trees, and growth and cultivation of eucalyptus trees requires less water and pesticides, which makes it environment friendly. The amine oxide solvent which is used during production process of lyocell fabric is non-toxic in nature and it is mostly recycled during production. These advantages of lyocell fabric are expected to increase its demand from end-use industries.

Increasing preference for organic clothing among the populace is one of the major factors that is expected to propel growth of market over the forecast period. Lyocell fabric, also known as dissolving pulp, is a type of rayon which contains cellulose and is produced from bleached wood pulp. The fabric was first developed in 1972 by using dry-jet wet spinning process. Lyocell is a breathable, lightweight, wrinkle-resistant, absorbent, and durable fabric. This fabric is capable of imitating a range of textures such as leather, silk, and suede and can also be dyed in various colors. Producers of lyocell fabric are focusing on adopting natural practices for manufacturing lyocell by eliminating, or reducing, the use of chemicals to obtain organic certifications.

Market Restraints

Lyocell fabric has relatively low surface energy, which makes it difficult for dyes to bind to it. Moreover, dyes required for binding in lyocell fabric are relatively more expensive, which has led to a shift in consumer preference towards substitutes such as synthetic fabric, natural fabric, and cellulose fabric. These factors are expected to hamper growth of the lyocell fabric market over the forecast period.

Lyocell Fabric Market Report Snapshots