Press release
Eco Fibers Market | Key players operating in the market include Sateri, Grasim Industries Limited, Lenzing AG, Tangshan Sanyou Group, US Fibers
According to recent market research the "Eco Fibers Market by Type (Regenerated fibers, Recycled fibers, Organic fibers), Application (Textile/Clothing, Household Furnishings, Industrial, Medical), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2027", Eco fibers market size is projected to reach USD 78.3 billion by 2027 from USD 52.0 billion in 2022 growing at a CAGR of 8.5%.Browse 190 market data Tables and 43 Figures spread through 189 Pages and in-depth TOC on "Eco Fibers Market - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/eco-fibers-market-152829511.html
The main forces behind the growth of the eco fiber market are the industry is the increasing use of man-made cellulosic fibers and increased demand from emerging nations. High manufacturing costs and the availability of low-cost alternatives like synthetic fibers are market restraints. Adoption of new, creative technology to create regenerated cellulose is an opportunity in the eco fiber market. The biggest difficulties that ecofibers are experiencing are moreover challenges in the cotton textile industry and the development of low-cost production methods.
By type, Regenerated Fibers accounted for the largest share in 2021
The market for eco fibers in the fiber industry is small but expanding quickly. These materials are just as useful as synthetic fibers for any application, but they are also produced and used in an environmentally sustainable manner. Regenerated fibers, sometimes referred to as synthetic fibers, are produced using the natural materials protein and cellulose as building blocks. Lyocell, viscose, and modal are regenerated fibers made from cellulose. Regenerated fiber is essentially a natural fiber that has undergone wet-chemical conversion to create continuous filament, which is then further spun into fibers. These regenerated fibers offer several excellent qualities that make them useful for a variety of application, including textile/clothing, household furnishings, industrial, and medical. The major player in the current scenario is using these fibers to create goods that are safe, sustainable, and environmentally friendly while following to government standards and laws.
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The Eco Fibers market size is estimated to be USD 52.0 billion in 2022 and is projected to reach USD 78.3 billion by 2027, at a CAGR of 8.5%.
The term "eco fibers" refers to sustainable fibers produced with the least amount of environmental harm using any organic material, a combination of organic or natural material, or recycled material. The main eco-fibers are recycled polyester, recycled nylon, recycled polyester, organic cotton, organic wool, viscose, and lyocell.
Eco fibers are categorized into organic, regenerate, and recycled fibers. Wool, hemp, flax, and organic cotton are all organic fibers. The most common fiber among these is organic cotton, which is mostly used in the apparel sector. Lyocell and viscose are the two main fibers used in regenerated fibers. Post-consumer and post-industrial waste nylon and polyester fibers are examples of recyclable fibers chemical and mechanical conversion procedures that are eco-friendly and energy-efficient are used to separate these fibers from the waste.
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The major function of eco fibers is in the clothingtextile, where it is used in the manufacturing of fabric and yarns that further find their application in applications such as clothing/Textile, household, medical and industrial. Eco fibers are used because they reduce manufacturing costs, have features that are like those of virgin fibers (such as strength, dyeing ease, high moisture recovering capacity, and so on), and, most importantly, are environmentally friendly.
Global players primarily meet the demand for eco fibers from diverse end-use sectors. Grasim Industries Limited (India), Lenzing AG (Austria), Sateri Group (China), Tangshan Sanyou Group Xingda Chemical Fibre Co., Ltd. (China), and US Fibers (US) are a few of the top manufacturers of eco fibers. These industries, along with other local companies, meet the demand for eco-fibers on a global scale.
Sateri Group (China), High-quality fibers like viscose, lyocell, recycled, and non-woven fabrics and yarns are produced by Sateri. The business provides fibers for usage in a variety of end markets, including the textile and apparel, medical, industrial, and other sectors. Using these cellulosic fibers, a wide range of clothing, including shirts, dresses, innerwear, outerwear, etc., can be made. The business has locations throughout Asia, Europe, and the Americas.
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