DUBLIN--(BUSINESS WIRE)--The "Global Viscose Staple Fiber Market - Segmented by Production Process, Application, and Geography - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global viscose staple fiber market valued at 5,594.08 kilotons in 2017 and is expected to register a CAGR of 5.45% during the forecast period, 2018 to 2023.
The United States and China are the top two retail markets for apparels. Moreover, countries such as Germany, the United Kingdom and Russia also hold a significant demand for apparels. India and Brazil are the fastest emerging market for apparels. This will boost the apparel & clothing market, which in turn, will uplift the demand for viscose staple fibers.
Asia-Pacific had the highest share in the market, accounting for around 62% of the global market in 2017. As textile production capacities continue to shift to Asia from Europe and North America, consumption growth has started to expand in Asia-Pacific region.
The Chinese VSF industry has been witnessing a major issue of surplus production capacities. The government has released new regulations for limiting the viscose capacities in the country. Furthermore, the wages in China have been increasing gradually, due to of which, the textile production is expected to shift to low-wage ASEAN countries, thereby, affecting the sales of VSF in the country. The surplus production capacities and record high cotton inventories are estimated to dominate the global market over the forecast period.
- Aditya Birla Management Corp. Pvt. Ltd.
- Tangsgan Sanyou Group
- Xingda Chemical Fibre Co. Ltd.
- Lenzing AG
China Hi-Tech Group Corporation
- Glanzstoff Industries
- Jilin Chemical Fiber Group Co. Ltd.
- Kelheim Fibers GmbH
- Nanjing Chemical Fibre Co. Ltd.
- Sniac Group
- Xinjiang Zhongtai Chemical Co. Ltd.
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation And Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/b5zstv/global_viscose?w=4