Global Rayon Fibers Market: Overview
The rayon fiber market is expected to display notable growth owing to the pronounced demand from several industries. Rayon fibers are designed to display a range of properties that are suitable for a wide range of end uses. Also, rayon fibers display properties such as drape and slipperiness as exhibited by nylon fibers and can also imitate the feel of cotton or wool, which makes them ideal for hot and humid climates. Rayon is used in clothing, home furnishings, and industrial applications.
The rayon fibers market can be segmented on the basis of type and geography. The market can be divided into the type segments of polynosic rayon fiber, flame retardant fiber, tencel rayon fiber, high wet modulus rayon fiber, and super absorbent rayon fiber. The meticulous segmentation of the rayon fibers market presented in this report is insightful to comprehend the growth outlook of various segments, thereby helping to leverage opportunities in the industry.
The publication on the global rayon fibers market touches the growth factors and market opportunities along with the factors holding back the market’s growth. The report serves as an important instrument for existing players to gauge opportunities and tread growth while keeping in view the strategic recommendations presented herewith. Comprising an extensive research phase and inputs received from industry experts, the report provides decision information about the market’s progression.
Global Rayon Fibers Market: Drivers and Restraints
The incessant demand from the textile industry is one of the major factors driving the global rayon fibers market. With the growth of the textile sector, the demand for rayon fibers is expected to swell in the coming years.
Although rayon fiber is manmade, it has several properties similar to that of natural polymers. This includes high comfort and low cost of natural polymers and the drape and slipperiness of nylon fibers. The semi-synthetic character of rayon fibers is suitable for a varied range of products such as home furnishings, apparels, industrial and medical products. Due to the large applications of rayon fibers, the global rayon fibers market is expected to rise at a rapid pace. The countries of Asia Pacific such as China, India, and Indonesia largely dominate the global rayon fibers market.
However, rayon fiber has several disadvantages as well. Rayon fibers are easily damaged by strong concentrated bleaches as they are manufactured from natural polymers. The prolong exposure to sunlight leads to reduced strength of rayon fiber.
Global Rayon Fibers Market: Regional Overview
North America, Europe, Asia Pacific, and Rest of the World are the regional segments into which the global rayon fibers market can be divided. Amongst these, Asia Pacific holds a major share in the global market with countries such as India and China contributing significantly to the revenue of this region. Moreover, due to the faster drying property of rayon over cotton, the fabric makes a better substitute for cotton suitable for the hot and humid climate in Asia Pacific. Europe follows Asia Pacific in terms of the revenue share of the global rayon fibers market.
Major Companies Mentioned in Report
Some of the leading companies operating in the global rayon fibers market are Lenzing AG, Acordis, Eastman Chemical Company, Kelheim Fibres, Grasim Industries, and Tembec Inc. The report presents a detailed competitive profile of the leading companies along with a SWOT analysis of the major market segments during the forecast period.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.