The global demand For Eco Fiber Market Is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2020- 2026. Whereas with regards to volume, the market was calculated XX KT in 2019 and foreseen to touch XX KT by 2026 with a CAGR of XX% during 2020-2026.
Eco fiber is eco-friendly as they are biodegradable or easy to decompose. Eco fiber is a thin long thread having flexible texture, which occurs in natural form. They are allergic-free and are naturally resistant to mould and mildew. They are manufactured from naturally occurring materials such as jute, organic cotton, and hemp. It is also manufactured from synthetic materials for instance polypropylene and polyethylene, which are recycled and converted into eco fibers. Eco fibers cultivate without using any pesticides or chemical fertilizers.
The driving force behind the market growth is rising use in industrial applications and rising disposable income. Besides this, growing concern towards the environment along with the unstable price of conventional fabrics have upsurge the adoption of eco fibers across the world. In addition to this, government favorable policies for producing the bio-based product and set strict regulation over synthetic polymers are anticipated to have a positive impact on the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of eco fiber.
The entire eco fiber market has been sub-categorized into product and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Household & furnishing
This section covers regional segmentation which accentuates on current and future demand for eco fiber market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Eco Fiber Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the eco fiber market include Lenzing AG, US Fibers, Polyfibre Industries Pvt. Ltd., Grasim Industries Ltd., Wellman Advanced Materials, Shanghai Tenbro Bamboo Textile Co., Ltd., China Bambro Textile (Group) Co., Ltd., Pilipinas Ecofiber Corporation, Teijin Limited, David C. Poole Company, Inc. and Foss Performance Materials. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.