Synthetic Viscose Fiber Market Research, 2034
The global synthetic viscose fiber market size was valued at $9.7 billion in 2010, and is projected to reach $37.4 billion by 2034, growing at a CAGR of 7% from 2025 to 2034.
Key Takeaways:
Quantitative information mentioned in the global synthetic viscose fiber industry includes market numbers in terms of value ($billion) concerning different segments, annual growth rate, CAGR (2025-2034), and growth analysis.
The study is expected to contain qualitative information such as market dynamics (drivers, restraints, opportunities), Porter’s Five Forces Analysis, key regulations across regions, and value chain analysis.
A few companies, including Lenzing AG, Grasim Industries Limited, Sateri, Tangshan Sanyou Xingda Chemical Fiber Co., Ltd., Yibin Grace Group Co., Ltd., and Asia Pacific Rayon Limited, hold a significant proportion of the global synthetic viscose fiber market growth.
This report makes it easier for existing market players and new entrants to the global synthetic viscose fiber market to plan their strategies and understand the dynamics of the industry, which helps them make better decisions.
Introduction
Synthetic viscose fiber is a type of regenerated fiber made from natural cellulose, usually extracted from wood pulp or cotton linters. Although derived from natural sources, it undergoes extensive chemical processing, making it semi-synthetic in nature. Known for its silk-like texture, softness, high absorbency, and breathability, viscose fiber is widely used in clothing, home textiles, medical fabrics, and industrial products. It offers an affordable and versatile alternative to natural fibers like cotton and silk. Growing demand for sustainable, cost-effective fabrics has made synthetic viscose fiber a key material in the global textile and fashion industries.
Market Dynamics
The synthetic viscose fiber market is experiencing steady growth driven by rising demand for affordable, sustainable textiles. Increasing consumer preference for soft, breathable fabrics, especially in the apparel and home furnishing sectors, is a major driver. The fiber's versatility, biodegradable nature, and ability to serve as a cost-effective alternative to cotton and silk further support market expansion. Rapid urbanization, growing disposable incomes in developing countries, and technological advancements in viscose production are also fueling demand. Moreover, the shift toward eco-friendly materials in the global fashion industry is boosting the popularity of synthetic viscose fiber.
However, the market faces notable restraints. Environmental concerns related to deforestation, water consumption, and chemical pollution in the production process have raised regulatory scrutiny and criticism from sustainability advocates. Fluctuating prices and limited availability of raw materials, particularly wood pulp, create supply chain vulnerabilities. Additionally, performance limitations such as poor durability when wet and wrinkling affect product quality. The market also faces intense competition from other synthetic and regenerated fibers like polyester, modal, and lyocell, which sometimes offer superior performance or lower production costs.
Despite these challenges, significant opportunities exist for market growth. Innovations in sustainable viscose production, including closed-loop processes and recycled raw materials, are attracting investment and enhancing the fiber’s eco-credentials. Expanding applications in non-woven products like hygiene items, medical textiles, and technical fabrics present new revenue streams. The growing demand for blended fabrics in sportswear, activewear, and home textiles also creates opportunities. Furthermore, emerging economies in Asia-Pacific, Latin America, and Africa offer untapped markets due to rising consumer spending on clothing and home furnishings. The global push toward circular economy principles and sustainable fashion is expected to further encourage the adoption of responsibly produced synthetic viscose fiber in the coming years.
Segment 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.
Asia-Pacific is projected to be the most lucrative segment during the forecast period. The adoption of synthetic viscose fiber in Asia-Pacific is driven by rapid industrialization, urbanization, and increasing demand for affordable textiles. Major textile manufacturers in the region invest heavily in sustainable production to meet global standards. China, the largest producer and consumer, relies on viscose for its apparel and home textile industries. India and Bangladesh contribute significantly, with companies like Grasim Industries Limited and Envoy Textiles Limited driving regional growth. The region’s strong manufacturing base and rising disposable incomes enhance market scalability.
The regular viscose segment is expected to dominate the synthetic viscose fiber market during the analysis period. Regular viscose fibers are widely used in apparel, home textiles, and non-wovens due to their affordability and silk-like properties. For example, viscose-rich fabrics are integral to casual wear and bed linens, offering comfort and aesthetic appeal. Their high absorbency and dyeability make them suitable for vibrant, high-quality textiles, driving demand in fashion and furnishing sectors.
The staple fiber segment held the largest market share in 2024. Staple fibers are preferred for their ease of blending with cotton, polyester, or spandex, enhancing fabric performance in clothing and industrial applications. Their versatility supports applications in spinning clothing and home textiles, where they provide softness and breathability. Automated spinning processes ensure consistency and precision, reducing production costs and increasing scalability.
The spinning clothing segment accounted for the highest revenue share in 2024 and is projected to grow at a CAGR of 7.1% from 2025 to 2034. Synthetic viscose fibers are extensively used in dresses, shirts, and casual wear due to their silk-like texture and breathability. The fashion industry’s focus on sustainable, comfortable fabrics drives this segment, with viscose blends enhancing durability and aesthetic appeal. The rise of fast fashion and eco-conscious brands further boosts demand.
Competitive Analysis
The major players operating in the synthetic viscose fiber market 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.
Recent Key Developments in the Synthetic Viscose Fiber Market
In April 2025, Tangshan Sanyou Xingda Chemical Fiber Co., Ltd. entered a strategic partnership with Circulose to produce recycled pulp-based viscose fibers, enhancing sustainability and global market presence.
In February 2020, Asia Pacific Rayon Limited commissioned a new integrated viscose rayon production facility in Pangkalan Kerinci, Indonesia, boosting regional supply for textile applications.
In May 2021, Sateri acquired Funing Aoyang Technology Co., Ltd.’s viscose fiber business, increasing its production capacity by over 1.8 million tonnes to strengthen its market position in Asia.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the synthetic viscose fiber market analysis from 2010 to 2034 to identify the prevailing synthetic viscose fiber market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the synthetic viscose fiber market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global synthetic viscose fiber market trends, key players, market segments, application areas, and market growth strategies.
Synthetic Viscose Fiber Market Report Highlights
| Aspects | Details |
 Market Size By 2034 | USD 37.4 billion |
 Growth Rate | CAGR of 7% |
 Forecast period | 2010 - 2034 |
 Report Pages | 420 |
 By Fiber Type |
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 By Product Form |
|
 By Application |
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 By Region |
|
 Key Market Players | Thai Rayon Public Co. Ltd., Xinjiang zhongtai chemical co., ltd., Asia Pacific Rayon Limited, Sateri, Envoy textiles limited, Ibrahim Fibres Limited, Yibin Grace Group Co.,Ltd, Farmosa Chemical and Fiber Corporation, Kelheim Fibres GmbH, Grasim Industries Limited, Lenzing AG, Tangshan Sanyou Xingda Chemical Fiber Co., Ltd. |
Analyst Review
According to the opinions of various CXOs of leading companies, the synthetic viscose fiber market is expected to witness an increase in demand during the forecast period. The synthetic viscose fiber market is witnessing significant growth, driven by several key factors that are reshaping the global textile landscape. One of the primary drivers is the rising demand for sustainable, cost-effective alternatives to natural fibers such as cotton and silk. As consumers and industries shift toward eco-friendly materials, viscose fiber, derived from renewable cellulose sources like wood pulp, has emerged as a preferred option due to its biodegradability, comfort, and versatility. Additionally, the fiber's smooth texture, high absorbency, and breathability make it ideal for applications in clothing, home textiles, hygiene products, and industrial fabrics.
Another major driver is the rapid expansion of the fashion and textile industries, especially in emerging markets across the Asia-Pacific region. Growing urbanization, rising disposable incomes, and changing consumer preferences are fueling demand for affordable yet premium-quality fabrics, which viscose can effectively meet. Furthermore, the fiber’s compatibility with blends of cotton, polyester, or other synthetic materials allows manufacturers to enhance fabric performance while maintaining cost efficiency. Increasing use of viscose fiber in medical textiles, automotive interiors, and technical textiles is also contributing to market growth.
The global synthetic viscose fiber market was valued at $9.7 billion in 2010, and is projected to reach $37.4 billion by 2034, growing at a CAGR of 7% from 2025 to 2034.
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.
Asia-Pacific is the largest regional market for Synthetic Viscose Fiber.
Spinning clothing is the leading application of Synthetic Viscose Fiber Market.
The synthetic viscose fiber market is experiencing steady growth driven by rising demand for affordable, sustainable textiles. Increasing consumer preference for soft, breathable fabrics, especially in the apparel and home furnishing sectors, is a major driver.
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