Quick Summary:
In the ever-evolving textile industry, mastering material trends is paramount, and nothing piques interest currently more than Viscose Filament Yarn. Often known as rayon filament yarn, this versatile material is fast becoming a staple, and this market report provides a crucial guide to its prominence. Derived from renewable sources, it boasts attributes such as comfort, absorbability, and drapeability, heralding it as an exceptional choice for numerous applications, from clothing to home textiles.
The textile industry's growing demand for high-quality, sustainable fibers across the globe has propelled the market for Viscose Filament Yarn. With emerging nations like China and India driving a significant part of this demand, this report offers an in-depth global and regional analysis. The report further explores the various end-uses such as Apparel, Home Textiles, and assesses the key players in the production of Viscose Filament Yarn. Furnish yourself with the knowledge that empowers you to navigate the ever-growing Viscose Filament Yarn market confidently.
The global Viscose Filament Yarn market has expanded to reach approximately 420 thousand tonnes in 2022 and is expected to grow at a healthy CAGR of 3.39% during the forecast period until 2032. The Viscose Filament Yarn market's primary driver is the flourishing textile industry and growing demand of raw fiber for manufacturing fabric across the globe.The Global Viscose Filament Yarn Market Has Expanded to Reach Approximately 420 Thousand Tonnes in 2022 and is Expected to Grow at a Healthy CAGR of 3.39% During the Forecast Period Until 2032
Viscose Filament Yarn, also known as rayon filament yarn, is a natural yarn obtained from wood or cotton pulp globally and commonly produced by a reaction of cellulose with caustic soda. It is widely used to make fabrics for a variety of applications including clothing & home textiles. Its silky & smooth appearance, ability to absorb liquid and different colors availability make it a versatile material to be used for clothing purposes such as for dresses, lingerie, and others. There is a wide range of Viscose Filament Yarn having several weaving and embroidery applications including 120D, 150D, 300D, and 600D deniers. The quality of this Viscose Filament Yarn is similar to natural fiber, but it has superior properties such as highly absorbent, comfortable, soft, and good drapability making it suitable for the weaving & knitwear industry across the globe. The major share of demand for Viscose Filament Yarn comes from emerging nations such as China and India. The global Viscose Filament Yarn market is anticipated to reach 580 thousand tonnes by 2032.
By Region, the Viscose Filament Yarn market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Asia Pacific dominates the Viscose Filament Yarn market followed by Europe and North America as of 2022. The dominance of the region is due to the significant growth of the textile industry across Asian countries generating huge demand for Viscose Filament Yarn across various applications. In 2022, Asia Pacific consumed approximately 52% of the market. Moreover, Asia Pacific also dominates as the producer of the global Viscose Filament Yarn market, with China and India being the key manufacturers in Asia holding more than 60% of the regional capacity.
Based on the end-use, the global Viscose Filament Yarn market is segregated into Textiles and Apparel, Home Textile, and Others. As of 2022, the Textiles and Apparel industry is leading the global Viscose Filament Yarn market with a share of about 40%. Because of its silky appearance and feel, viscose filament yarn can be used to make fabrics for apparel and home furnishings. Also, due to its capacity to breathe and absorb liquid, viscose filament yarn can be utilized to create soft and silky clothing textiles. Additionally, it's utilized to make viscose embroidery thread. In addition to other items, it was used to produce fabric, particularly lingerie and gowns.
Major players in the production of Global Viscose Filament Yarn are Xinxiang Bailu Chemical Fibre Group Co., Ltd., Grasim Industries Limited, Xinxiang Bailu Chemical Fibre Co.,Ltd, Yibin Grace Group Co., Ltd., China Hi Tech Group Corporation, Jilin Chemical Fibre Co.,Ltd., Baroda Rayon, Nanjing Chemical Fiber, Indorama Ventures, Shandong Helon Textile Sci. & Tech. Co., Ltd., and others.
Years considered for this report:
- Historical Period: 2015- 2022
- Base Year: 2022
- Estimated Year: 2023
- Forecast Period: 2024-2032
Objective of the Study:
- To assess the demand-supply scenario of Viscose Filament Yarn which covers production, demand and supply of Viscose Filament Yarn market in the globe.
- To analyse and forecast the market size of Viscose Filament Yarn
- To classify and forecast Global Viscose Filament Yarn market based on end-use and regional distribution.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., of Viscose Filament Yarn market in the globe.
The publisher calculated Viscose Filament Yarn demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical supply and demand of Viscose Filament Yarn across the globe. The publisher sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by the publisher.
Key Target Audience:
- Viscose Filament Yarn manufacturers and other stakeholders
- Organizations, forums and alliances related to Viscose Filament Yarn distribution
- Government bodies such as regulating authorities and policy makers
- Market research organizations and consulting companies
Report Scope:
In this report, Global Viscose Filament Yarn market has been segmented into following categories, in addition to the industry trends which have also been detailed below:- Market, by End-use: Textiles and Apparel, Home Textile, and Others
- Market, by Sales Channel: Direct Sale and Indirect Sale
- Market, by Region: North America, Europe, Asia Pacific, Middle East and Africa, and South America.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.Table of Contents
Methodology
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