RAYON FIBERS MARKET ANALYSIS
Market Outlook
The rapidly expanding textile sector in emerging economies such as China and India is expected to generate the highest demand for rayon fibers in the Asia Pacific region. Owing to the hot and humid climate in this region, consumers are likely to switch their preference from cotton to rayon due to the latter’s quick drying properties. Europe and Middle East are likely to account for the second highest market share in the global rayon fibers market. Moreover, increasing cost for producing cotton is expected to favour demand for rayon around the world.
Regional Analysis
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