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Eco Fibers Market.docx
1. The Eco Fibers Market: Overview
The Eco Fibers Market is valued at around USD 52.0 billion in 2022 and is expected to
reach USD 78.3 billion by 2033, registering a CAGR of 8.5% over the forecast period.
Fibers that are not grown chemically or with the aid of pesticides are known as eco
fibres or eco-friendly fabrics. They are free of illness, mould, and millable. Due to their
health and environmental friendliness in the flow operations, these fibres are being
used more frequently in the production of textiles. Eco-fibres come in a variety of
materials, including hemp, bamboo, soy, upcycling, and recycled materials. Numerous
environmental fibres are utilized in the textile industry to create clothing, luggage, and
accessories. Additionally, it is utilized to create materials for homes and furniture.
Bandages, adult and baby diapers, medical gowns, and napkins are all made with these
fibres.
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Report Scope
Report Attributes
Market Size in 2022 (Value) USD 52,000 million
Market Forecast in 2033 (Value) USD 78,300 million
CAGR % 2023-2031 8.5%
Base Year 2022
Historic Data 2019-2021
Forecast Period 2023-2033
Report USP
Production, Consu
production capaci
Segments Covered Type and Applicat
Regional Scope North America, Eu
Country Scope
U.S.; Canada; U.K
Countries; Russia;
Thailand; Mexico;
Africa; Nigeria
Key Companies
SATERI, Aditya
Industries Limited
Tangshan Sanyou
2. Over the course of the forecast period, the market is expected to develop as a result
of growing worries about the negative effects that utilizing synthetic fibres has on the
environment. Designer clothing and apparel are increasingly using eco-friendly fabrics.
Over the forecast period, technological developments in the creation of eco-fiber
textiles with antimicrobial, hypoallergenic, insulating, UV resistant, highly breathable,
and absorbent properties are anticipated to increase their significance in the apparel
market. As the textile enterprises in the nation concentrate on creating efficient work
processes, restructuring their operations, and investing in specialty products and
markets, the market in the United States is anticipated to experience significant
expansion. This has in turn turned out to be helpful for the industry's expansion.
The Eco Fibers Market – Market Trends
• The industry's growing use of synthetic cellulosic fibres and rising demand from
developing countries are the primary factors driving the growth of the eco fibre
market. Market limitations include expensive production processes and the availability
of cheaper substitutes like synthetic fibres.
• Market opportunity for regenerated cellulose can be found in the adoption of
innovative new technology. The growth of low-cost production techniques and issues
with the cotton textile sector are also the major obstacles facing ecofibers today.
• The rising demand for eco-friendly clothing and textiles is the main factor driving the
global market for eco fibres. More and more apparel manufacturers are switching to
organic or eco-friendly fibres as a result of the growing awareness of the negative
environmental effects of utilising synthetic fibres.
• In addition, strict guidelines developed by numerous countries throughout the world
encouraging the production of bio-based items have pushed regional clothing
producers to use natural or eco-friendly raw materials that minimize pollution levels.
3. The Eco Fibers Market – Segmental Insights
Eco fibers are sustainable and environmentally friendly fibers that are produced using
natural or recycled materials. The demand for eco fibers in the industrial sector is
driven by the increasing focus on sustainability and environmental concerns, as well as
the growing demand for eco-friendly products from consumers.
In the industrial sector, eco fibers are used in a wide range of applications, such as
textiles, automotive parts, construction materials, and packaging. For example, eco
fibers such as organic cotton, hemp, and bamboo are used to make textiles that are
eco-friendly and sustainable. Recycled materials such as PET bottles are also used to
make fibers that are used in the production of automotive parts, construction
materials, and packaging.
The demand for eco fibers in the industrial sector is expected to continue to grow in
the coming years due to increasing government regulations and consumer demand
for sustainable and environmentally friendly products. Additionally, advancements in
technology are leading to the development of new and innovative eco fibers that have
unique properties and can be used in a wide range of industrial applications.
Overall, the demand for eco fibers in the industrial sector is expected to grow as more
companies adopt sustainable and environmentally friendly practices and seek to
reduce their carbon footprint.
The Eco Fibers Market –Regional Analysis
Asia-Pacific dominated the global Eco Fibers Market, especially influential are China's
and India's highly developed textile industries. Additionally, because of the high cotton
production and affordable labour costs in nations like China, India, Bangladesh, and
Pakistan, manufacturers choose to establish manufacturing facilities there.
4. The demand for eco fibres in various applications is rising as a result of expanding
environmental problems brought on by the usage of various chemicals in textiles and
a sizable section of the population becoming afflicted by various diseases. Even
throughout the production stage, eco fibres do not harm the environment and are
friendly to humans.
Japan is known for its high demand for eco-friendly products, and the demand for eco
fibers is no exception. The demand for eco fibers in Japan is driven by the country's
focus on sustainability and environmental concerns, as well as the growing demand
for eco-friendly products from consumers. In recent years, the Japanese government
has implemented various policies and regulations to promote the use of eco-friendly
materials in various industries, including the textile and automotive industries.
In the textile industry, eco fibers such as organic cotton, linen, and hemp are
increasingly being used to make eco-friendly and sustainable clothing. In the
automotive industry, recycled materials such as PET bottles are used to make fibers
that are used in the production of automotive parts.
Additionally, Japanese companies are investing in research and development to
develop new and innovative eco fibers that have unique properties and can be used
in a wide range of industrial applications. For example, a Japanese company has
developed a new eco fiber made from discarded crab shells, which can be used in the
production of eco-friendly clothing.
Overall, the demand for eco fibers in Japan is expected to continue to grow in the
coming years as more companies adopt sustainable and environmentally friendly
practices, and consumers become more aware of the impact of their purchasing
decisions on the environment.
Competitive Landscape
5. Lenzing AG: This Austria-based company is one of the leading manufacturers of eco-
friendly fibers, such as Tencel and Modal, which are made from sustainably sourced
wood pulp. The company has been focusing on expanding its product portfolio by
developing new eco-friendly fibers, such as Refibra, which is made from a blend of
recycled cotton scraps and wood pulp.
Teijin Limited: This Japan-based company is a leading supplier of eco-friendly fibers,
such as Teijinconex meta-aramid fibers, which are used in various industrial
applications, including flame-resistant clothing and thermal insulation materials. The
company has been focusing on investing in research and development to develop new
eco-friendly fibers with unique properties and expanding its market presence in the
global eco fibers market.
Grasim Industries Limited: This India-based company is a leading producer of viscose
staple fiber, which is an eco-friendly fiber made from sustainably sourced wood pulp.
The company has been focusing on expanding its market presence by investing in
research and development to develop new eco-friendly fibers and expanding its
production capacity to meet the growing demand for eco-friendly fibers in the global
market.
Patagonia, Inc.: This US-based outdoor clothing company has been focusing on using
eco-friendly fibers, such as organic cotton, recycled polyester, and Tencel, in its
clothing products. The company has been focusing on expanding its product portfolio
by developing new eco-friendly materials and partnering with other companies to
promote sustainable and environmentally friendly practices in the textile industry.
Birla Cellulose: This India-based company is one of the largest producers of viscose
fiber, which is an eco-friendly fiber made from sustainably sourced wood pulp. The
company has been focusing on expanding its market presence in the global eco fibers
market by investing in research and development to develop new eco-friendly fibers
and expanding its production capacity to meet the growing demand for eco-friendly
fibers.
Why to buy this Report?
6. The report provides quantitative and qualitative aspect for the market in terms of
value and volume, along with supporting market trends, challenges, restraints.
The report provides an in depth analysis from both production and consumption
point of view at the regional and country level. Key Factors considered within the
report scope are Production capacity by countries/regions, average price,
consumption ratio, revenue earned and gross margin.
The report provides competitive analysis of around 30-50 companies operated in the
market, these companies are bifurcated into niche players, the leaders and major
contenders. The companies are analyzed in terms of following factors such as:
Business Model
Production Capacity, Revenue, Sales, Gross Margin
Key Business Strategy
SWOT Analysis
In terms of competitive landscape, the report provides distinctive factors that would
help the end user in taking a key decision within the business:
Company Share Analysis from 2018-2022
Company Analysis by Revenue and Sales
Company Production Capacity, Gross Margin
Company Share Analysis by Application/End Use
Company Share Analysis by Product/Specification
By Application
• Clothing/textile
7. • Household and furnishings
• Industrial
• Medical
• others
By Type
• Organic fibres
• Recycled fibres
• Regenerated fibres
• others
Companies
SATERI
Aditya Birla Management Corporation Pvt. Ltd (Grasim Industries Limited),
Universal Fibers Inc.,
LENZING AG (ECOVERO),
Tangshan Sanyou Group
Xingda Chemical Fibre Co. Ltd
By Region
8. North America
o U.S.
o Canada
o Mexico
Europe
o Germany
o France
o UK
o Italy
o Spain
o Russia
o Rest of Europe
Asia Pacific
o China
o Japan
o India
o Australia
o South Korea
o ASEAN
o Rest of APAC
9. South America
o Brazil
o Argentina
o Chile
o Rest of South America
Middle East and Africa
o Saudi Arabia
o UAE
o South Africa
o Rest of MEA
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market/590/
Key Questions Answered in the Report:
● What will be the development pace of market? What is the growth rate of the global market?
● Who are the key manufacturers in the market space? Who are the world’s leading manufacturers?
● What are sales, revenue, and price analysis of the top manufacturers of market?
● Who are the distributors, traders, and dealers of market? What are the key factors driving the Global
market?
● What are the market opportunities and threats faced by the vendors in the industries?
● What are deals, incomes, and value examinations by types and applications of the market?
● What are the primary factors driving market?
● What are the market’s advantages, disadvantages, and risks, as well as an overview of the market?
● Who are the Top Manufacturers in the Market in Terms of Sales, Revenue, and Price Analysis?
● Analysis of Industry Revenue, Sales, and Pricing, what is the difference between Equipment by
region, type, and application?