What is Viscose Yarn Market?
Viscose yarn a semi-synthetic type of rayon fabric made from wood pulp that is used as a silk substitute in clothes, upholstery and other bedding materials, as it has a similar drape and smooth feel to the luxury material. Viscose yarn material is ideal for those seeking a luxurious look and feels at a more economical price point. It has other benefits also such as inexpensive, drapes beautifully, blends well with other fibers, particularly woven ones, dyes easily and produces beautiful, vivid colors
The market study is being classified by Type (Viscose Filament Yarn and Viscose Staple Fiber), by Application (Clothing Textiles and Home Textiles) and major geographies with country level break-up.
Grasim Industries (Aditya Birla Group) (India), Tricon Trexim Inc. (United States), Lenzing AG (Austria), Kayavlon Impex Pvt. Ltd. (India), Sateri Chemical Fibre (China), Xinjiang Zhongtai Chemical Co., Ltd. (China), Spentex Industries Limited (India), Shandong Bohi Industry Co., Ltd. (China), Yibin Grace Group Corporation Limited (China) and Zhejiang Fulida Fibre Co., Ltd. (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Kelheim Fibres GmbH (Germany) and Xinxiang Bailu Investment Group Co., Ltd (China).
Research Analyst at AMA predicts that Chinese Vendors will contribute to the maximum growth of Global Viscose Yarn market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Viscose Yarn market by Type, Application and Region.
On the basis of geography, the market of Viscose Yarn has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand from Fabric Makers as Silk Substitute
- High Demand for Advanced Fabric Materials
Market Trend
- Robust Increase in the Distribution Channels
- Increased Disposable Income of the People in Developing Regions
Restraints
- Fluctuations in the Raw Material Prices
Opportunities
- Economic Growth in Countries of Asia, with China as the Most Prominent Economy
Challenges
- Environmental Effects due to Extremely Polluting Manufacturing Process
In June 2020, Liva, the fashion ingredient brand from Birla Cellulose, part of Grasim Industries Ltd. has launched Antimicrobial fibres, a breakthrough innovation that not only kills viruses and bacteria but also inhibits their growth, keeping the fabric fresh and hygienic in the long run. Liva with the added protection of Antimicrobial fibres by Birla Cellulose – is a leap forward in fashion by successfully injecting the antimicrobial agent into viscose staple fibre which when woven or knitted into a fabric offers protection to the wearer from bacteria and viruses.
Key Target Audience
Viscose Yarn Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users