Bio-Based Fibre Market 2024-2028
The bio-based fibre market is forecasted to grow by USD 18599.4 mn during 2023-2028, accelerating at a CAGR of 7.7% during the forecast period. The report on the bio-based fibre market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by diverse feedstock utilization for production of bio-based fibres, emerging applications of bio-based fibres, and increased awareness of bio-based fibres.
Technavio's bio-based fibre market is segmented as below:
- By Application
- Textiles and apparel
- Home furnishings
- Automotive
- Others
- By Type
- Synthetic fibers
- Natural fibers
- By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the growing shift toward eco-friendly textiles as one of the prime reasons driving the bio-based fibre market growth during the next few years. Also, advancements in biobased fibre extraction and increasing product launches will lead to sizable demand in the market.
The report on the bio-based fibre market covers the following areas:
- Bio-Based Fibre Market sizing
- Bio-Based Fibre Market forecast
- Bio-Based Fibre Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bio-based fibre market vendors that include Acegreen Eco-Material Technology co, Ltd., AMSilk GmbH, Bambooder Biobased Fibers B.V., Baoding Swan New Fiber Manufacturing Co., Ltd., BPREG Composites, China Bambro Textile Co. Ltd., China Populus Textile Ltd, David C. Poole Co. Inc., Grasim Industries Ltd, Lenzing AG, Qingdao Textiles Group Fiber Technology Co. Ltd., Sateri Shanghai Ltd., SCALE Advanced Biocomposites, Shanghai Tenbro Bamboo Textile Co. Ltd., Smartfiber AG, Teijin Ltd., and USFibers. Also, the bio-based fibre market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.