Lyocell Fiber Market Is Expanding at a CAGR of 7.9% Between 2014 and 2020 : TMR
Demand for lyocell fiber has increased significantly in the last few years, due to rising awareness about environmental sustainability in the textiles and medical products industries. Furthermore, growth in trend of fashionable wear coupled with rise in disposable income of individuals is estimated to drive the apparel industry. This, in turn, is projected to fuel demand for cellulose fibers such as lyocell. However, restraining factors such as the availability of low cost substitutes (polyester) in the fiber industry are likely...
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