Viscose Staple Fiber Market Overview:
The global viscose staple fiber market is estimated to be worth around USD 12,830.00 million in 2022, with a projected CAGR of 4.7% until 2030. Viscose staple fiber is a man-made cellulosic fiber derived from wood pulp, resembling cotton in many properties. It offers versatility, breathability, and drape, making it a popular choice for various textile applications.
Viscose Staple Fiber Market Drivers:
Rising demand from the apparel industry: VSF is widely used in clothing for its softness, comfort, and ability to blend seamlessly with other fibers. Growing consumer preference for sustainable and eco-friendly textiles further drives the market.
Increasing disposable income: Rising living standards in emerging economies like India and China are fueling demand for textile products, including those made with VSF.
Sustainability concerns: Consumers are increasingly conscious of environmental impact, and VSF's biodegradability and renewability compared to synthetic fibers offer a potential advantage.
Technological advancements: Developments in production processes, like lyocell and modal, have led to improved quality and functionality of VSF, expanding its viscose staple fiber market opportunities.
Viscose Staple Fiber Market Key Players:
LENZING AG
Sateri
Birla Cellulose
Kelheim Fibres GmbH
Asia Pacific Rayon Limited
Glanzstoff
SNIACE Group
Clossus Tex
China Hi-Tech Group Corporation (CHTC)
Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd
Viscose Staple Fiber Market Segmentation:
By Application: Woven and Non-Woven
By End-use Industry: Textile, Automotive, Healthcare, and Others
By Region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Viscose Staple Fiber Market Regional Analysis:
Asia Pacific dominates the VSF market due to strong textile industries in China and India.
Europe and North America are mature markets with significant demand for high-quality VSF.
Latin America and the Middle East & Africa are emerging markets with increasing consumer demand for textiles, presenting growth potential.
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