Technological Advancements Triggering Growth Prospects in the Global Rayon Fibers Market

Reportstack has announced a new market research report on the Global Rayon Fibers Market 2015-2019.   The increased demand for rayon fibers from the Textile industry is one major trend emerging in this market. An increase in the disposable income of consumers has resulted in the increased spending on clothing and apparel. The Global Rayon Fibers market is expected to witness a CAGR of 10.00 percent in terms of revenue and 7.82 percent in terms of volume, during the period 2014-2019.

Rayon fibers are considered semi-synthetic and are produced from natural polymers. They are low-priced and provide high comfort, and, hence, are widely used in various applications in the textile and apparel, and medical industries. Rayon fibers are being used as a replacement for expensive products such as silk, cotton, and wool, especially in the hot and humid regions worldwide.

“Manufacturers are shifting their focus to producing rayon fibers through renewable resources and providing biodegradable solutions to various industry demands,”.

“To reduce the environmental impact of textile and apparel production, new composites are being developed by using renewable rayon fibers, which are obtained from agricultural products.”

To define the market conditions in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

To access full report with TOC, please visit Global Rayon Fibers market 2015-2019.