Increasing adoption of eco fibers in the textile industry, as well as rising developments in the design of environmental fibers, are major factors driving

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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About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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