Press release
Global Eco Fiber Market Poised to Expand at a Robust CAGR 11.52% by 2023: Top Most players - U.S. Fibers, Teijin, Polyfibre Industries Pvt Ltd, Grasim Industries, Pilipinas Eco Fiber Corporation, Lenzing AG and Wellman Advanced Materials
crystalmarketresearch.com Offers an widespread Research Study on the Global Eco Fiber Market, And Its Entire Ecosystem, Describes the Market Trends, best market price, Growth, Forecast, Drivers, Restraints And Opportunities Of The Eco Fiber Market.Industry Highlights:
The Eco Fiber Market was worth USD 39.07 billion in 2014 and is expected to reach approximately USD 104.23 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 11.52% during the forecast period.
Competitive Insights 2018:
The leading players in the market are U.S. Fibers, Teijin, Polyfibre Industries Pvt Ltd, Grasim Industries, Pilipinas Eco Fiber Corporation, Lenzing AG and Wellman Advanced Materials. The key business members are associated with R&D and substantial use on promoting exercises to compete with organizations that are well-established. New entrants are foreseen to accomplish economies of scale by expanding the spending on improvement of novel products, for example, eco-friendly smart textiles.
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Industry Outlook 2018 and Trend Analysis:
Increasing awareness in regards to sustainable textile generation to meet the ecological and social perspectives alongside expanding interest for natural fabrics is foreseen to be a key factor driving the development of this market. Natural fibres have various benefits over the customary synthetic cotton, for example, no usage of pesticides or chemicals that spares the farmers and additionally surroundings from unending diseases, less usage of resources, more incomes for farmers, enhanced water usage, and expanded biodiversity. Attributable to these characteristics of the product, the demand for natural fibres is foreseen to boost throughout the following years.
Application Outlook 2018 and Trend Analysis:
Textiles developed as the main application section and represented more than 48% of the aggregate volume in 2016. The developing interest for bio-based options including bamboo, hemp, tencel and linen in garments segment is foreseen to be a key driving element for the development in up and coming years. Moreover, the expanding number of retail outlets in developing nations including China and India by clothing producers Tommy, Levis, and Peter England is another factor contributing altogether to industry growth. Medical applications are additionally foreseen to develop at a considerable pace over the gauge time frame.
The Eco Fiber Market is segmented as follows-
Eco Fiber Market, By Product , Estimates and Forecast, 2014-2023 ($Million)
Regenerated
Recycled
Organic
Natural
Eco Fiber Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
Medical
Household & Furnishings
Textiles
Industrial
Others
Regional Outlook:
Asia Pacific was the dominant eco fibres market and represented around 35% of the aggregate market volume in 2016. Quick industrialization and good government approaches with respect to textile trade exercises are emphatically affecting the business development. Furthermore, increasing populace along with rising expectations for everyday comforts have likewise impelled the high calibre, and practical articles of clothing request over the area. China is the biggest maker and purchaser of eco-friendly fabrics over the globe. On a global front, the Eco Fiber Market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA).
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Main TOC of Eco Fiber Market:
Chapter1. Introduction
Chapter2. Executive Summary
Chapter3. Market Overview
Chapter4. Global Eco Fiber Sales, Revenue and Market Share By Product (2014-2017)
Chapter5. Eco Fiber Market, By Application
Chapter6. Eco Fiber Market, By Region
Chapter7. Company Profiles
-2023)
…CONTINUED FOR TOC
(Early Buyer will receive 10% customization in this report.)
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Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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