Rayon Fibers Market - Forecast(2021 - 2026)
Rayon Fibers Market is forecast to reach $28 billion by 2025, after growing at a CAGR of 6% during 2020-2025. Rayon is a regenerated fiber made from purified cellulose. Because of its strength, rayon has also been used as a primary component in vehicle tires , which results in a product which is less expensive than nylon tires and boost the growth of rayon fibers market. Surging demand for rayon fibers in medical applications drives the growth of the market. In addition, rayon fibers are moisture absorbent, breathable and comfortable to wear which escalates its use in textile industry. Rayon Fibers Market Report Coverage The report: “Rayon Fibers Market – Forecast (2020-2025)” , by IndustryARC, covers an in-depth analysis of the following segments of the Rayon Fibers Market. By Type: Viscose Rayon, Modal Rayon, Cupramonium Rayon, and Others. By Application: Automotive & Transportation (Tire Cords, Automotive Hoses, Brake Lining Hoses, ...