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Lyocell market to touch $1179.5 mn in 2020
The rapid development in the technical textiles and apparel industries has had a positive impact on the demand for lyocell fibres, states Transparency Market Research in its recent report. The 62-page research publication reveals that registering a strong CAGR of 7.90 per cent during the forecast period, the global lyocell fibres market is poised to rise from $692.7 million in 2013 to $1,179.5 million by 2020.
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