Increasing adoption of eco fibers in the textile industry, as well as rising developments in the design of environmental fibers, are major factors driving
Eco Fibers Market Size – USD 46.30 Billion in 2021, Market Growth – at a CAGR of 8.1%, Market Trends – Growing interest for environmental sustainability and use of such fibers in a circular economy”
— Emergen Research
VANCOUVER, BC, CANADA, April 11, 2023 /EINPresswire.com/ -- The global Eco Fibers Market size reached USD 46.30 Billion in 2021 and is expected to register a revenue CAGR of 8.1% during the forecast period, according to latest analysis by Emergen Research. Growing interest in environmental sustainability and the use of such fibers in a circular economy, increasing adoption of eco fibers in the textile industry, as well as rising developments in the design of environmental fibers with hypoallergic, and antibacterial properties are some of the key factors driving the market growth of the eco fibers market.
The increased interest in environmental sustainability and the use of such fibers in the circular economy is one of the primary factors driving the expansion of this business. In all industries, environmental sustainability has emerged as a crucial principle. Textile fiber regeneration is crucial for sustainability and a circular economy, notably in the fashion and textile industries. Some fashion companies have begun to use recycled fibers to improve their sustainability standards to include circularity in their operations. They are making new garments out of recycled materials, which allows for a partial closure of the resource loop and so represents a prospect for adopting a circular economy in the fashion sector.
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The Eco Fibers industry is segmented in this report based on manufacturers, regions, product types, and applications. The study can help understand the industry and define progress strategies for the company / key players. Provides a detailed analysis of new entrants or existing competitors in the Eco Fibers industry, ranging from industry positioning and marketing channels to potential growth strategies.
Lenzing AG, Polyfibre Industries, Shanghai Tenbro Bamboo Textile Co. Ltd., Teijin Limited, The LYCRA Company, Grasim Industries Limited., Foss Performance Materials, China Bambro Textile Co Ltd., Pilipinas Ecofiber Corporation, and David C. Poole Company, Inc.
Some Key Highlights From the Report
Recycled fibers accounted for the largest revenue share in 2021. Recycled textile and garment materials are available throughout the textile and apparel production chain as well as through post-consumer collection methods. The use of recycled raw materials corresponds with increased worldwide industry efforts toward a circular economy (rather than linear) and a closed-loop product cycle. Recycled materials can be manufactured from a range of waste sources, such as old clothing, fabric scraps, PET bottles, and many more. This program is critical to the 12th Sustainable Development Goal of the United Nations, which advocates for responsible consumption and production. Many other brands and companies around the world employ recycled fibers, which contributes significantly to the segment's revenue growth.
The industrial segment is expected to grow at a steady CAGR during the forecast period. Eco-textiles are becoming increasingly used in industrial applications such as composite material components and automotive applications. Due to rising demand and environmental concerns, researchers are working hard to produce effective and novel materials, particularly in the development and application of natural fiber-reinforced polymers in the vehicle sector. Natural fibers were chosen for use in the building of a car anti-roll bar as a hybrid bio-composite material to determine the best natural fiber that could meet the needs of both customers and the environment. Natural fiber composites have also been demonstrated to be a more environmentally friendly option than glass-reinforced or carbon-reinforced polymer composites.
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Emergen Research has segmented the global eco fibers market on the basis of product, application, and region:
Product Type Outlook (Revenue, USD Billion; 2019-2030)
Natural Fibers
Regenerate/Manmade Fibers
Recycled Fibers
Organic Fibers
Application Outlook (Revenue, USD Billion; 2019-2030)
Textile/Apparel
Industrial
Medical Purposes
Household & Furnishing
Others
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The report covers brief analysis of the impact of the Covid-19 outbreak on the Eco Fibers Market. The prolonged lockdown and disrupted supply chain across coupled with strict restrictions on international trade have a severe impact on the Eco Fibers Market growth. The Covid-19 pandemic increased the prices of raw materials and changed customer preferences.
What Questions Should You Ask before Buying a Market Research Report?
• How is the Eco Fibers market evolving?
• What is driving and restraining the Eco Fibers market?
• How will each Eco Fibers submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?
• How will the market shares for each Eco Fibers submarket develop from 2022 to 2030?
• What will be the main driver for the overall market from 2022 to 2030?
• Will leading Eco Fibers markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
• How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
• Who are the leading players and what are their prospects over the forecast period?
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You need to discover how this will impact the Eco Fibers market today, and over the next 10 years:
• Our 250-page report provides 194 tables and 189 charts/graphs exclusively to you.
• The report highlights key lucrative areas in the industry so you can target them – Now.
• It contains in-depth analysis of global, regional and national sales and growth.
• It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you Today how the Eco Fibers market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Thank you for reading our report. Customization of the report is available according to the requirements of clients. In case of further queries about the report, do get in touch with us. Our team will make sure your report is tailored according to your needs.
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FAQs
How big is the global eco fiber market? ›
The global eco fiber market size was estimated at USD 43.07 billion in 2022 and is expected to register a growth of 7.6% in the forecast period. The market is anticipated to be driven by the rising popularity of organic cotton.
How big is the recycled fiber market? ›The global recycled carbon fiber market was valued at USD 126 million in 2021 and is projected to reach USD 222 million by 2026, growing at a cagr 12.0% from 2021 to 2026.
What is the growth rate of the fiber market? ›| Report Metric | Detail |
|---|---|
| Revenue Forecast in 2027 | USD 8.2 billion |
| CAGR | 10.9% |
| Market size available for years | 2018-2027 |
| Base year | 2021 |
...
Share of chemical fiber production worldwide 2021, by country or region.
Cotton is plentiful and economical to produce, it is relatively inexpensive and one of the world's most important crops. Textiles, including lightweight voiles, laces, and heavy sailcloths and thick-piled velveteens, can be made with these fibres.
How big is the fiber industry? ›Key factors that are driving the market growth include growing demand for high bandwidth communication and growth opportunities in the healthcare sector. How big is the fiber optics market? b. The global fiber optics market size was estimated at USD 8.76 billion in 2022 and is expected to reach USD 9.391.
What is the market share of fibre? ›In 2021, synthetic fibers accounted for approximately 64 percent of the global textile fiber output volume. Polyester alone had a market share of 54 percent, while polyamide and other synthetics accounted for five percent each.
Why is fiber the future? ›Fiber is more secure and reliable
The electronic signals in copper cables are prone to electromagnetic interference (EMI) and radio frequency interference (RFI). High-voltage electrical wires, electronic devices and even fluorescent lights can all cause problems for data transfer through copper cables.
On average, American adults eat 10 to 15 grams of total fiber per day, while the USDA's recommended daily amount for adults up to age 50 is 25 grams for women and 38 grams for men. Women and men older than 50 should have 21 and 30 daily grams, respectively.
Who owns the most fiber in the US? ›AT&T Fiber had the highest coverage with 12.17 percent of the population in the United States (US) covered as of April 2022.
What state has the most fiber? ›
As of September 2020, Rhode Island had the highest coverage of fiber broadband of all states in the United States (US), with around 84 percent of the population in Rhode Island being covered by fiber broadband.
How much of the US is on fiber? ›Only 43% of U.S. households have access to fast, reliable fiber internet connections.
What is the most popular fiber crop in the United States? ›Cotton is one of the most important textile fibers in the world, averaging about 25 percent of total world fiber use. The United States is the world's third-largest cotton producer and the leading cotton exporter, accounting for one-third of global trade in raw cotton.
What are the two major fibre crops? ›Cotton and jute are widely grown as fibre crops.
What are the five fiber crops? ›- flax (Linum usitatissimum)
- hemp (Cannabis sativa)
- Indian hemp (Apocynum cannabinum)
- jute (Corchorus species) tossa jute (C. olitorius) white jute (C. capsularis)
- kenaf (Hibiscus cannabinus)
- ramie (Boehmeria nivea)
- roselle (Hibiscus sabdariffa)
- sunn (Crotalaria juncea)
Fiber crops are field crops grown for their fibers, which are traditionally used to make paper, cloth, or rope. Fiber crops are characterized by having a large concentration of cellulose, which is what gives them their strength. The fibers may be chemically modified, like in viscose (used to make rayon and cellophane).
Is there a fiber shortage? ›A global shortage of fiber optic cables has pushed up product prices and extended lead times for supply. Overshadowing ambitious industry plans for advanced telecommunications infrastructure. As the report and the ZMS team analysis point out, the timing couldn't be worse.
Is fiber internet the future? ›Always Reliable
This is because copper cables are susceptible to electromagnetic interference, something that fiber internet doesn't have a problem with. With faster speeds, durable cables and reliable service, fiber-optic internet is here to stay into the future.
The Fiber Factor
All-fiber network deployments will be a strong trend in 2022. According to RVA LLC, fiber broadband now passes more than 60.5 million homes in the U.S. alone – representing 12 percent growth in 2021.
Global Rollout of Fibre Optic Networks
The fibre optic network market is likely to reach $8.2 billion by 2027, achieving a growth rate of 10.9% this year onward. Hence, there will be a rise in the need for single-mode Fibre to the Home (FTTH) cabling in areas such as 5G deployment, FTTH broadband, etc.
What is the size of the global green packaging market? ›
Market Overview
The global green packaging market size was valued at USD 229.46 billion in 2021. It is expected to reach USD 409.2 billion by 2030, growing at a CAGR of 7.5% during the forecast period (2022–2030). A great deal of packaging circulates across the world.
For more details, please see our PRIVACY/ LEGAL. Stephen Quill founded Ecological Fibers in 1972 as a domestic distributor of binders' board and book construction materials. From there, production quickly grew to include our now signature line of FSC® certified dyed-through Rainbow® colored Kraft papers.
What is the market size of eco-friendly products? ›The global green technology and sustainability market size was valued at $10.32 billion in 2020, and is projected to reach $74.64 billion by 2030, growing at a CAGR of 21.9% from 2021 to 2030. Green technologies include eco-friendly solutions that result in economic and social sustainability.
What is the market size of the green industry? ›Farmington, Jan. 16, 2023 (GLOBE NEWSWIRE) -- The Global Green Technology Market Is Expected To Grow From USD 65 Billion In 2022 To 2030, at a CAGR Of 7.5%. Green technology is the use of technology to protect natural resources and reduce pollution in the environment.
What is the size of the green market? ›Between 2021 and 2030, the global green technology and sustainability market is forecast to grow. In 2021, the size of this market amounted to roughly 35.5 billion U.S. dollars.
Who are ecological fibers competitors? ›Ecological Fibers top competitors include FiberMark Inc, Holliston LLC, Tapemark Co, Advanced Polymer Technology Corp. What industry does Ecological Fibers belongs to? Ecological Fibers is in the industry of Agriculture, and also Forestry, Manufacturing.
What is eco fiber? ›Eco Fibers are type of fibers that do not require the use of pesticides and chemicals for growth. These fibers are resistant to mold, mildew, and disease-free. The product majorly includes linen, ramie, bamboo, and hemp, which make organic and eco-friendly fiber for textile and apparel applications.
Who is the largest fiber provider in the US? ›AT&T Fiber had the highest coverage with 12.17 percent of the population in the United States (US) covered as of April 2022.
Who is the largest fiber optic company in USA? ›Corning Incorporated is one of the largest fiber optic companies in the world. This American company was founded in 1851 and is located in New York.
Who owns the largest Fibre optic network in the US? ›| Metro Route Miles | ||
|---|---|---|
| 1 | AT&T | 940,000 |
| 2 | Verizon | 800,000 |
| 3 | CenturyLink | 250,000 |
| 4 | Frontier | 78,838 |
What is the #1 crop produced in the world? ›
Aside from sugar cane in first place, the next the top three most produced crops in the world are all classified as grains. Grains include cereals and legumes and are such a widespread crop because they can grow in almost any climate.
Which country has the most fiber optic cable? ›Among OECD member states reporting fibre subscribers as of the fourth quarter of 2020, Korea reported the highest relative share of 84.76 percent of fibre connections in their total broadband subscriptions.