Industry status and future development of Lyocell fiber

1. Lyocell has a green production process, solvent spinning process can achieve a recovery rate of more than 99.7%, and the use of chemical products is very small. The product is stronger than polyester staple fiber, and has the characteristics of cellulose fiber renewable, degradable, soft and skin-friendly;

2. Although the price difference of cotton has narrowed recently, considering the fiber loss and processing cost at the back end of the industry chain, compared with traditional cotton spinning processing, Lyocell's cost advantage in the whole industry chain is still very prominent;

3. Lyocell is currently in the field of home textiles, denim and other mature applications, and some 2023 performance is hot, and from the fiber characteristics of Lyocell, in other application fields also have obvious practicability. And the unique "frost flower" effect of the fiber under the specific process has a unique fashion style;

4. Cotton production has shown a steady decline in the past ten years, with the competition for cotton and grain land, and the increase of extreme climate, the future supply of pure cotton fiber will be a gap. From the historical data and the economic situation in the next stage, although the overall consumption of fiber may decline, it will still maintain a positive growth trend. Global fiber consumption growth is likely to exceed 10 million tons in the next five years. In the context of reduced cotton production and less new viscose staple fiber production capacity, the supply gap of cotton products is most likely to be replaced by Lyocell.