Report Description
A recent market intelligence report that is published by Data Insights Partner on the Viscose Filament Yarn Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Viscose Filament Yarn Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Viscose Filament Yarn Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Viscose Filament Yarn Market is offered. In accordance with the report, the global Viscose Filament Yarn Market is projected to expand by healthy CAGR of 4.0% over the period of forecast.
Market Insight, Drivers, Restraints, Opportunity & Trends of the Market:
Definition
Viscose is one type of fiber derived from the cellulose-dissolving pulp which is collected from sources such as wood, cotton, and bamboo. Viscose filament yarn (VFY) is a natural yarn made from these pulps using cutting-edge technology. This yarn is also known as rayon yarn or rayon filament yarn. The Viscose Filament Yarn also comes in different shades and colors. The Viscose Filament Yarn production requires reaction of cellulose with caustic soda. During the ripening process, carbon disulphide is added after the occurrence of depolymerisation. This later forms into an orange-colored crumb named cellulose xanthate, which is again dissolved in caustic soda to obtain viscous, an orange-colored solution. This viscous solution is pumped through a spinneret into a dilute sulphuric acid bath where the cellulose is regenerated as fine filaments after the decomposition of xanthate.
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Market Drivers
The growing textile sector is main driver behind the rapid growth of Viscose Filament Yarn Market. As Viscose Filament Yarn are made from natural sources and are very silky, bright, soft looking and liquid absorbance, the quality is very good and comfortable which is high in demand in clothing industries. Viscose Filament Yarn can also be used in the production of automotive parts manufacturing such as seat covers, tyre fabrics and covers etc. which is pushing the growth rate of the said market to rise high.
Beside this, the rapid urbanization and technological advancements, growing population, rising per capita income are also some of the key players behind the rapid growth of the Viscose Filament Yarn Market.
Aside from these, the rising foreign investments in the Viscose Filament Yarn sector are also adding fuel to this increasing market growth.
The regular introduction of different and brand-new types of Viscose Filament Yarn with better qualities and durability in different sizes and price range to satisfy the varying tastes of the customers is also attracting new consumers and thus helping the growth rate of Viscose Filament Yarn Market to rise high. The convenience and efficiency of Viscose Filament Yarn spaces is also helping in the expansion of the said market.
Market Restraints
The Viscose Filament Yarn Market has a huge potential. Though it is expanding very fast day by day, many things are preventing it from using its full potential. Some of these restraints are–
High prices of the raw materials due to lack of supply, high production costs, high cost of R&D activities and high tariff and import costs resulting into high rents of the premium quality end products.
Emission of harmful chemicals and pollutants during production.
Unavailability of these products in many regions.
Lack of awareness about the availability and benefits of the Viscose Filament Yarn in the developing countries.
Opportunities
The Viscose Filament Yarn is expected have huge opportunities as these are used a lot by both the small-scale and large-scale garment manufacture. Growing usage of these materials in the embroidery markets is helping this expansion further.
Trends
During the forecast period, Asia Pacific followed by North America are expected to have the largest share of Viscose Filament Yarn Market. The demand for these products in the Asia Pacific region is driven by its expanding textile and automotive sector, growing population and rising disposable income among individuals. It is also believed that on the basis of product type, the ordinary viscose fiber segment will face the highest growth rate for its relatively low prices, high demand in clothing textile industries, conveniency and efficiency.
Segment Covered:
This market intelligence report on the global Viscose Filament Yarn Market encompasses market segments based on product type, material type, source, application, end usage, distributional channel and country.
By Product Type the global Viscose Filament Yarn Market has been divided into:
q 120D
q 150D
q 300D
q 600D
q Others
By Material Type the global Viscose Filament Yarn Market has been divided into:
q Ordinary Viscose fiber
q Polynosic
q Viscose Rayon
q Viscose Strong Silk
q Others
By Source the global Viscose Filament Yarn Market has been divided into:
q Wood
q Cotton
q Bamboo
By Application the global Viscose Filament Yarn Market has been divided into:
q Clothing Textiles
o Over Coating
o Fancy Suiting
o Others
q Automotive
o Seat Covers
o Tyre Fabrics
o Others
q Home Textiles
o Bedding Articles
o Others
q Others
By End Usage the global Viscose Filament Yarn Market has been divided into:
q Government
q Commercial
By country/region, the global Viscose Filament Yarn Market has been divided into:
q North America (the U.S., Canada),
q Latin America (Brazil, Mexico, Argentina and other countries),
q Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as:
q Abirami Textiles
q Century Rayon
q CHTC Helon
q ENKA
q Glanzstoff Industries
q Hubei Golden Ring
q Hunan Heli Fiber
q Indian Rayon
q Jilin Chemical Fiber Group
q Kesoram Rayon
q Nanjing Chemical Fiber
q Sniace Group
q Swan Fiber
q Threefold Export Combines Pvt. Ltd.
q Yibin Grace Group
others have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Viscose Filament Yarn Market related investment & spending and developments by major players of the market are tracked in this global report.
Report Highlights:
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, IGR-Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Few Recent Developments
Indian Rayon
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Situated in Gujrat, India, the Indian Rayon, an Aditya Group Pvt. Ltd. Company, has recently brought the ENKA GmbH, Germany’s unique spool spun yarn technology in India to manufacture the high quality superfine denier viscose filament yarn (VFY) at its base.
Swan Fiber
The Chinese Viscose Filament Yarn Manufacturing company is known for their high quality yarns. The company is currently focusing on making yarn based product manufacturing.
Salient Features:
Ø This study offers comprehensive yet detailed analysis of the Viscose Filament Yarn Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Viscose Filament Yarn Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of different type of models, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Viscose Filament Yarn caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Viscose Filament Yarn Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
v Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the Viscose Filament Yarn Market
v Identification of key factors driving investment opportunities in the Viscose Filament Yarn Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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