Industry Background:
Viscose staple fiber is refer as a man-made, biodegradable fiber with characteristics akin to cotton. As an extremely versatile and easily blendable fiber, VSF is widely used in apparels, home textiles, dress material, knitted wear and non-woven applications. The market of viscose staple fiber is growing due to the factors like increasing textile industry as it is been highly sued for textile manufacturing, while some of the factors like low availability of labor is hampering the market growth.This growth is primarily driven by Growing number of textile industry.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Commodity Chemicals sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Aditya Birla Group (India), Lenzing (Austria), Sanyou (China), Sateri Chemical Fibre (China), Aoyang Technology (China), Shandong Bohi (China), Yibin Grace Group Company (China), Zhejiang Fulida (China), Shandong Helon (China) and Silver Hawk (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On April 30, 2019 Sateri has acquired Jiangsu Xiangsheng Viscose Fiber Co., Ltd. (“Xiangsheng”), which operates a viscose mill with annual production capacity of about 250,000 metric tonnes (mt). With this acquisition, Sateri operates four viscose mills in China, making it the world’s largest viscose producer with a total annual production capacity of 1.1 million mt.
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
Influencing Trend:
Increasing penetration of advanced technology in processing fiber
Market Growth Drivers:
Growing number of textile industry
Challenges:
Low availability of labor workforce
Restraints:
Availability of substitute in the market
Opportunities:
Increasing use of viscose staple fiber in the capital market
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Viscose Staple Fiber Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Viscose Staple Fiber Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Viscose Staple Fiber players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Viscose Staple Fiber Study Sheds Light on
The Viscose Staple Fiber Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Viscose Staple Fiber industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Viscose Staple Fiber industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.