Global Biofiber Market Growth 2023-2029

Global Biofiber Market Growth 2023-2029

This report studies the industrial bioproducts. In this report, industrial bioproducts can be spilt into three categories: bioenergy, bio-sourced chemicals, and bio-sourced materials.
LPI (LP Information)' newest research report, the “Biofiber Industry Forecast” looks at past sales and reviews total world Biofiber sales in 2022, providing a comprehensive analysis by region and market sector of projected Biofiber sales for 2023 through 2029. With Biofiber sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biofiber industry.
This Insight Report provides a comprehensive analysis of the global Biofiber landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biofiber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biofiber market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biofiber and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biofiber.
The global Biofiber market size is projected to grow from US$ 82410 million in 2022 to US$ 140170 million in 2029; it is expected to grow at a CAGR of 140170 from 2023 to 2029.
There are many producers of Biofiber, but the production is not centralized, and each producer only has a little share.
North America and Europe are the two largest markets, both hold a share of over 60 percent.
In terms of product type, Bioenergy is the largest segment, with a share of over 70%, due to mature technology and market. And according to the application, the largest application is Energy & Transportation, followed by Food, Beverages, and Pharmaceuticals, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Biofiber market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Bioenergy
Biosourced Chemicals
Biosourced Materials
Segmentation by application
Energy & Transportation
Food, Beverages & Pharmaceuticals
Consumer Goods & Textiles and Packaging
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
NatureWorks
Dupont
BASF
Cargill
Novamont
Lenzing AG
Neste Oil Rotterdam
ADM
Infinita Renovables
Arkema
Braskem
Kingfa
Mitsubishi
Sofiproteol (Diester Industries)
Medors
Marseglia Group
Glencore
Louis Dreyfus
Renewable Energy Group
RBF Port Neches
Ag Processing
Elevance
Marathon Petroleum Corporation
Graanul Invest Group
Enviva
Pinnacle

Key Questions Addressed in this Report
What is the 10-year outlook for the global Biofiber market?
What factors are driving Biofiber market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biofiber market opportunities vary by end market size?
How does Biofiber break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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