Synthetic Viscose Fiber Market Expected to Reach $37.4 Billion by 2034

According to a new report published by Allied Market Research, titled, “Synthetic Viscose Fiber Market," The synthetic viscose fiber market size was valued at $9.7 billion in 2010, and is estimated to reach $37.4 billion by 2034, growing at a CAGR of 7% from 2025 to 2034.

Introduction

Synthetic viscose fiber is widely used across various industries due to its versatility, affordability, and comfort properties. In the textile and apparel sector, it is extensively used for making clothing such as dresses, shirts, linings, and trousers, as it offers a soft, breathable, and silk-like feel at a lower cost. The fiber is also popular in the home textiles industry, where it is used for products like bed linens, curtains, upholstery fabrics, and carpets, providing a smooth texture and excellent drape. Additionally, viscose fiber finds applications in non-woven products, including hygiene items like wipes, sanitary products, and medical textiles such as surgical gowns and masks, owing to its high absorbency and biodegradability. The automotive industry utilizes viscose in seat covers, interior linings, and insulation materials due to its comfort and aesthetic appeal. Furthermore, viscose is blended with other fibers like cotton, polyester, or spandex to enhance fabric performance in sportswear, activewear, and technical textiles, offering improved comfort, durability, and functionality. Its combination of natural feel and synthetic strength makes synthetic viscose fiber a preferred material across diverse end-use applications.

Market Dynamics

With increasing consumer focus on comfort, breathability, and aesthetics, viscose is becoming a preferred material for casual wear, dresses, and home textiles. Furthermore, the fiber’s ability to blend easily with other materials like cotton, polyester, or lyocell enhances its functionality and broadens its application scope in sportswear, activewear, and technical textiles. The rising use of viscose in medical textiles, hygiene products such as wipes and sanitary items, and automotive interiors is also fueling market growth. Additionally, increasing investment in advanced manufacturing technologies to reduce environmental impact and improve fiber quality supports long-term market development.

On the restraint side, dependency on wood pulp as the primary raw material exposes the market to risks such as deforestation concerns, stringent regulations, and supply fluctuations. The production process involves chemicals like sodium hydroxide and carbon disulfide, raising environmental and health concerns, which can hinder market expansion, especially in regions with strict environmental laws. Moreover, competition from synthetic alternatives like polyester, which often offer better durability and lower production costs, limits viscose market penetration in some segments.

Despite these challenges, the synthetic viscose fiber market analysis holds promising opportunities. Rapid urbanization, rising disposable incomes, and changing lifestyle preferences, particularly in emerging markets such as China, India, and Southeast Asia, are boosting demand for viscose-based products. Increasing focus on eco-certified, traceable, and sustainably sourced viscose is creating new avenues for premium products, especially in Europe and North America. Additionally, ongoing R&D in closed-loop production processes, recycling, and performance-enhancing technologies presents an opportunity to address environmental concerns while expanding the synthetic viscose fiber market growth potential across diverse industries.

Segments Overview

The synthetic viscose fiber market share is segmented on the basis of fiber type, product form, and application. On the basis of fiber type, the market is categorized into regular viscose and high wet modulus viscose. On the basis of product form, the market is categorized into staple fiber and filament fiber.  On the basis of application, the market is categorized into spinning clothing, home textile, medical textile, industry textile, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Key players in the synthetic viscose fiber industry include Lenzing AG, Grasim Industries Limited, Sateri, Tangshan Sanyou Xingda Chemical Fiber Co., Ltd, Yibin Grace Group Co., Ltd, Asia Pacific Rayon Limited, Envoy Textiles Limited, Xinjiang Zhongtai Chemical Co., Ltd, Formosa Chemical and Fiber Corporation, Thai Rayon Public Co. Ltd, Kelheim Fibres GmbH, and Ibrahim Fibres Limited.

Key Findings of the Study

• Region wise, the Asia-Pacific segment is projected to be the most lucrative segment during the analysis period.
• By fiber type, the regular viscose segment is expected to dominate the synthetic viscose fiber market trends throughout the analysis period.
• Based on product form, the staple fiber segment held the highest revenue share in 2010.
• By application, the global spinning clothing segment accounted for the highest revenue share in 2010 and is projected to grow at a CAGR of 7.1% from 2025 to 2034.