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United States Lyocell Fabric Market Is Driven By Growing Demand For Sustainable Fabrics
The United States lyocell fabric market is a substantial sector which produces an environment-friendly man-made cellulose fiber known as lyocell. Lyocell fabric is soft, highly absorbent and breathable. It provides a comfortable feel against the skin and resembles the appearance and texture of cotton. The fabric has gained popularity as it is produced from wood pulp that is dissolved and spun into fibers using a closed-loop solvent recovery system which significantly reduces environmental impact compared to other fabrics such as cotton or polyester.
The United States Lyocell Fabric Marketis estimated to be valued at US$ 171.0 Mn in 2024 and is expected to exhibit a CAGR of 8.0% over the forecast period 2024-2031.
Key Takeaways
Key players operating in the United States Lyocell Fabric are LENZING AG,Invista,TOAD&CO,Riverside Fabrics,Potter & Co. Key players are focusing on expanding their production capacities and product offerings to capitalize on the growing demand for lyocell fabrics in the US.
The demand for lyocell fabrics is increasing in the United States owing to rising health and environmental ...
... concerns among consumers. Lyocell fabrics are gaining popularity as they are breathable, absorbent and more environment-friendly than other synthetic fabrics.
Major textile companies are investing in global expansion of lyocell fabric production capabilities to cater to the growing demand from various industries such as apparel, home textiles and industrial sectors across regions including North America, Asia and Europe.
Market Drivers
One of the key drivers for the growth of United States lyocell fabric market is the stringent environmental regulations regarding textile and fabric production. The lyocell production process produces fewer emissions and uses sustainable wood pulp as raw material. It also has a closed-loop production system helping reduce environmental footprint. This has driven its adoption across various industries for manufacturing apparel, home textiles and other products.
Impact Of Geopolitical Situation On United States Lyocell Fabric Market Growth
The growth of the United States lyocell fabric market is impacted by the ongoing geopolitical tensions with China. China has been one of the biggest suppliers of lyocell fibers to the US market. However, escalating trade conflicts has disrupted the supply chain in recent years. US manufacturers are now focusing on developing domestic sources to reduce dependence on Chinese imports. States like Georgia and South Carolina have emerged as hubs for lyocell production. The Biden administration is also offering incentives to set up lyocell fiber manufacturing facilities in the country.
Geopolitical issues pose risks but also open up new opportunities. US companies are investing in R&D to come up with innovative lyocell fabric varieties suitable for multiple applications. This will help gain market share and satisfy the growing demand from industries like apparel, home textiles and healthcare. While China remains a key trading partner, diversifying supplier base to countries like India and Vietnam can provide a hedge against future trade or supply disruptions. Ongoing development of renewable energy infrastructure will further support the expansion of domestic lyocell production capacity.
Geographical Regions Of United States Lyocell Fabric Market Concentration
The Southeast region of the United States accounts for a major share of the lyocell fabric market in terms of value. States like Georgia and South Carolina have emerged as hubs for lyocell fabric production due to the availability of raw materials and fiber manufacturing facilities. Proximity to large textile manufacturing clusters and export ports make this region an attractive base. North Carolina is another thriving hub due to a strong presence of lyocell spinners and fabric manufacturers serving the home textiles and apparel industries.
Fastest Growing Region Of United States Lyocell Fabric Market
The Western states region, comprising of California, Oregon and Washington, is projected to be the fastest growing market for lyocell fabrics. This is due to increasing demand for sustainable fabrics from the activewear and athleisure brands based in these states. Rapid growth of e-commerce is also contributing to the market expansion. The West coast provides access to Asian lyocell suppliers through major ports like Los Angeles. Investments in renewable energy and green infrastructure further support the uptake of sustainably produced lyocell fabrics in this region.
Get more insights on this topic: https://www.timessquarereporter.com/news/emerging-united-states-lyocell-fabric-market-to-grow-at-significant-pace-owing-to-increasing-demand-for-sustainable-clothing
About Author:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement. (LinkedIn - https://www.linkedin.com/in/priya-pandey-8417a8173/)
What Are The Key Data Covered In This Super Generics Market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the Super Generics Market's growth between 2024 and 2031.
:- Accurate calculation of the size of the Super Generics Market and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- Super Generics Market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market's competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of Super Generics Market vendors
FAQ’s
Q.1 What are the main factors influencing the Super Generics Market?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top Super Generics Market companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the Super Generics Market’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
Q.7 What does a business area’s assessment of agreements, income, and value implicate?
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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