Worldwide Viscose Staple Fiber Industry to 2027 - Impact of COVID-19 on the Market

Research and Markets
·2-min read

Dublin, Oct. 20, 2020 (GLOBE NEWSWIRE) -- The "Viscose Staple Fiber - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 8th edition of this report. The 184-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Viscose Staple Fiber Market to Reach 7.9 Thousand Kilo Tons by 2027

Amid the COVID-19 crisis, the global market for Viscose Staple Fiber estimated at 6 Thousand Kilo Tons in the year 2020, is projected to reach a revised size of 7.9 Thousand Kilo Tons by 2027, growing at a CAGR of 3.9% over the period 2020-2027.

Woven, one of the segments analyzed in the report, is projected to record 3.2% CAGR and reach 5.8 Thousand Kilo Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Woven segment is readjusted to a revised 6.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at 1.6 Thousand Kilo Tons, While China is Forecast to Grow at 6.9% CAGR

The Viscose Staple Fiber market in the U.S. is estimated at 1.6 Thousand Kilo Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 1.7 Thousand Kilo Tons by the year 2027 trailing a CAGR of 6.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 2.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.

Competitors identified in this market include, among others:

  • China Hi-Tech Group Corporation (CHTC)

  • Glanzstoff Industries

  • Jilin Chemical Fiber Group Co., Ltd.

  • Kelheim Fibres GmbH

  • Lenzing AG

  • Sateri

  • Tangsgan Sanyou Group Xingda Chemical Fibre Co., Ltd.

  • Xinjiang Zhongtai Chemical Co., Ltd.

  • Yibin Grace Group Company

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares

  • Viscose Staple Fiber Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 46

For more information about this report visit https://www.researchandmarkets.com/r/mxalt1

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