Dublin, March 13, 2023 (GLOBE NEWSWIRE) -- The "Global Viscose Filament Yarn Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032" database has been added to ResearchAndMarkets.com's offering.
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 is anticipated to reach 580 thousand tonnes by 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.
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.
Years considered for this report:
- Historical Period: 2015 - 2022
- Base Year: 2022
- Estimated Year: 2023
- Forecast Period: 2024-2032
Key Topics Covered:
1. Capacity By Company
- Stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Viscose Filament Yarn.
2. Capacity By Location
- To better understand the regional supply of Viscose Filament Yarn by analyzing its manufacturers' location-based capacity.
3. Production By Company
- Study the historical annual production of Viscose Filament Yarn by the leading players and forecast how it will grow in the coming years.
4. Demand by End- Use
- Discover which end-user industry (Textiles and Apparel, Home Textile, and Others) are creating a market and the forecast for the growth of the Viscose Filament Yarn market.
5. Demand by Region
- Analyzing the change in demand of Viscose Filament Yarn in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
6. Demand by Sales Channel (Direct and Indirect)
- Multiple channels are used to sell Viscose Filament Yarn. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
7. Demand-Supply Gap
- Determine the supply-demand gap to gain information about the trade surplus or deficiency of Viscose Filament Yarn.
8. Company Share
- Figure out what proportion of the market share of Viscose Filament Yarn is currently held by leading players across the globe.
9. Country-wise Export
- Get details about quantity of Viscose Filament Yarn exported by major countries.
10. Country-wise Import
- Get details about quantity of Viscose Filament Yarn imported by major countries.
For more information about this database visit https://www.researchandmarkets.com/r/tduznn
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