Rayon Fibers Market: By Type (Viscose Rayon, Modal Rayon, Cuprammonium Rayon, Others), Application (Automotive & Transportation, Personal Care, Manufacturing, Textile, Healthcare, Aerospace, and Defence, Others), and Geography

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Rayon Market was valued at USD 18,736.2 million in 2023 and is poised to grow at a CAGR of 7.6% over 2024-2030. Rayon is a semi-synthetic fiber made from cellulose-based materials such as trees, bamboo, soy, fruits, and agricultural waste and is used in many different applications, including clothing fabrics in the fashion industry. The developing textile industry owing to characteristics like softness, comfort, wrinkle-free, and luxurious appearance is expected to fuel the demand for rayon fiber market. The increased demand in the medical textile industry to satisfy the demand for wound dressing, bandages, bedding, surgical gowns cloths, wipes, and hygienic products have created several opportunities for the development of the rayon fiber market. For instance, according to the UN, around 385,000 babies are born every day raising the production demand for rayon diapers owing to high moisture-absorbency and breathability further increased the demand for rayon fiber. Moreover, the incorporation of various carbon products, such as carbon black, graphite, and activated carbon, to enhance electrical conductivity, as well as the adsorption and lubricating properties of rayon fibers that can be used in industrial textiles, shoe insoles, and seal pumps and fittings, is expected to boost the market growth. But its processing requires high water and energy use, which contribute to air and water pollution hindering the growth of the market. Moreover, the presence of alternatives such as nylon, polyester, or acrylic with better durability and strength also hampers the growth of the market. However, the increased demand for clothes, the developing fashion industry, urbanization, developed infrastructure, and increased disposable income are building the interest in the rayon fibers market and is expected to increase over the forecasted years.

Rayon Fibers Market Key Developments:
  • In December 2019, Lenzing AG, a leading rayon fiber manufacturer, invested around US$ 1,300 Mn in a dissolving wood pulp plant in Sao Paulo, Brazil. The plant has a total capacity of 500 kilo tons and the wood pulp was further converted into cellulosic fibers which was part of the group’s biobased fibres segment.
  • In October 2019, Lenzing AG and Dupont Biomaterials collaborated to launch a new fabric collection made from natural materials. The launch incorporates Dupont’s Sorona fibers and TENCEL (modal & lyocell) fibers from Lenzing. Dupont markets its rayon fibres with the brand name – “Sorona”.

Rayon Fibers Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.60%

Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific

Rayon Fibers Market Dynamics

The market is expected to rise due to increased demand for environment-friendly vehicles, in the automotive industry, tire, tubes and strings are protected by high-insistence rayon fibers. According to automotive digital marketing agency Hedges & Company, by the end of the first quarter of 2022, there were approximately 1.45 billion vehicles in the world, of which about 1.1 billion were passenger cars. Moreover, the lightness of the car is also an important criterion, using rayon fibres allows to consume less fuel and conserve natural resources. Therefore, a strong automobile industry fosters the growth of the rayon fibers market. Due to its exceptional strength and durability, rayon fibers are also employed in industrial clothing and are anticipated to burgeon the growth of the rayon fiber market over the forecast years.

Rayon Fibers Market Segmentation

By Type

  • Viscose Rayon
  • Modal Rayon
  • Cuprammonium Rayon
  • Others

By Application

  • Automotive & Transportation
  • Personal Care
  • Manufacturing
  • Textile
  • Healthcare
  • Aerospace and Defence
  • Others

By Geography

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • MEA
  • Rest of MEA

Frequently Asked Questions

The rayon fibres market valued at USD 18,736.2 million in 2022 and is expected to grow at 7.6% CAGR over the forecast period 2023 – 2029.

Aditya Birla Group (India), Lenzing (Austria), Kelheim (Germany), Sanyou (China), Sateri (China), Fulida (China), Aoyang Technology (China), Yibin Grace Group (China), CHTC Helon (China), Bohi Industry (China), Xiangsheng Group (China) and Silver Hawk (China) are a few companies operating in the rayon fibers market.

The developing textile industry owing to characteristics like softness, comfort, wrinkle-free, and luxurious appearance is driving the market.

The increased demand in the medical textile industry to satisfy the demand for wound dressing, bandages, bedding, surgical gowns cloths, wipes, and hygienic products have created several opportunities for the development of the rayon fiber market

Key Features of the Report

  • The rayon fiber market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1.Executive Summary
2.Global Rayon Fibers Market Introduction 
2.1.Global Rayon Fibers Market  - Taxonomy
2.2.Global Rayon Fibers Market  - Definitions
2.2.1. Type
2.2.2.Application
2.2.3.Region
3.Global Rayon Fibers Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Rayon Fibers Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Rayon Fibers Market  By  Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Viscose Rayon
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Modal Rayon
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Cuprammonium Rayon
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Others
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6.Global Rayon Fibers Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Automotive & Transportation
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Personal Care
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Manufacturing
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Textile
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Healthcare
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Aerospace and Defence
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
6.7. Others
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.7.3. Market Opportunity Analysis 
7.Global Rayon Fibers Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Rayon Fibers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Viscose Rayon
8.1.2.Modal Rayon
8.1.3.Cuprammonium Rayon
8.1.4.Others
8.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Automotive & Transportation
8.2.2.Personal Care
8.2.3.Manufacturing
8.2.4.Textile
8.2.5.Healthcare
8.2.6.Aerospace and Defence
8.2.7.Others
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Rayon Fibers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1.  Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Viscose Rayon
9.1.2.Modal Rayon
9.1.3.Cuprammonium Rayon
9.1.4.Others
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Automotive & Transportation
9.2.2.Personal Care
9.2.3.Manufacturing
9.2.4.Textile
9.2.5.Healthcare
9.2.6.Aerospace and Defence
9.2.7.Others
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
10.Asia Pacific (APAC) Rayon Fibers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1.  Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Viscose Rayon
10.1.2.Modal Rayon
10.1.3.Cuprammonium Rayon
10.1.4.Others
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Automotive & Transportation
10.2.2.Personal Care
10.2.3.Manufacturing
10.2.4.Textile
10.2.5.Healthcare
10.2.6.Aerospace and Defence
10.2.7.Others
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Rayon Fibers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1.  Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Viscose Rayon
11.1.2.Modal Rayon
11.1.3.Cuprammonium Rayon
11.1.4.Others
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Automotive & Transportation
11.2.2.Personal Care
11.2.3.Manufacturing
11.2.4.Textile
11.2.5.Healthcare
11.2.6.Aerospace and Defence
11.2.7.Others
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Rayon Fibers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1.  Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Viscose Rayon
12.1.2.Modal Rayon
12.1.3.Cuprammonium Rayon
12.1.4.Others
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Automotive & Transportation
12.2.2.Personal Care
12.2.3.Manufacturing
12.2.4.Textile
12.2.5.Healthcare
12.2.6.Aerospace and Defence
12.2.7.Others
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Aditya Birla Group (India)
13.2.2.Lenzing (Austria)
13.2.3.Kelheim (Germany)
13.2.4.Sanyou (China)
13.2.5.Sateri (China)
13.2.6.Fulida (China)
13.2.7.Aoyang Technology (China)
13.2.8.Yibin Grace Group (China)
13.2.9.CHTC Helon (China)
13.2.10.Bohi Industry (China)
13.2.11.Xiangsheng Group (China)
13.2.12.Xinxiang Bailu (China)
13.2.13.Silver Hawk (China)
14. Research Methodology 
15. Appendix and Abbreviations 
  • Aditya Birla Group (India)
  • Lenzing (Austria)
  • Kelheim (Germany)
  • Sanyou (China)
  • Sateri (China)
  • Fulida (China)
  • Aoyang Technology (China)
  • Yibin Grace Group (China)
  • CHTC Helon (China)
  • Bohi Industry (China)
  • Xiangsheng Group (China)
  • Xinxiang Bailu (China)
  • Silver Hawk (China)

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