LYOCELL FABRIC MARKET ANALYSIS
Market Size and Trends:
The Lyocell Fabric Market is estimated to be valued at USD 1.34 Bn in 2024 and is expected to reach USD 2.14 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
Lyocell fibers are created by a solvent spinning technique, and cellulose undergoes no significant chemical change. Lyocell is an extremely sturdy fabric that is used for automotive filters, abrasive materials, ropes, bandages, and protective suiting material. It is primarily found in the garment industry, particularly in women’s clothing.
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