- Viscose Rayon
- Modal Rayon
- Cuprammonium Rayon
- Others
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.
Study Period
2024-2030Base Year
2023CAGR
7.60%Largest Market
Asia PacificFastest Growing Market
Asia Pacific
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.
By Type
By Application
By Geography
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
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 |