Market Report

Rayon Fibers Market Overview The market for Rayon Fibers looks promising due to several reasons such as increased use of Rayon Fibers in textiles, home furnishing, industrial and other applications; increase in production of semi-synthetic fibers with availability of raw materials across the globe. Rayon Fibers are classified into various types such as viscose fibers, polynosic/modal rayon fiber, tencel/lyocell rayon fiber, and others. The Rayon Fibers Market is estimated to grow at a CAGR of 6.34% during the forecast period 2018–2023. APAC is forecast to be the fastest-growing market with a CAGR of 7.05%, due to the adoption of natural fibers in the textile industries.  Rayon Fibers Market Outlook Rayon fibers are generally produced for textile purposes. Applications are diverse varying from textiles and apparels, to medical, tire cords, and non-woven cloths.  Rayon Fibers Market Growth Drivers  Increasing demand for rayon fibers from textile industries such as fashion a...