Global Textile Recycled Materials Market Growth 2024-2030

Global Textile Recycled Materials Market Growth 2024-2030

Textile recycled materials / recycled materials in the circular economy refer to yarns made from fibers recovered from recycled waste plastic and some natural fibers.

The global Textile Recycled Materials market size is projected to grow from US$ 11550 million in 2023 to US$ 16920 million in 2030; it is expected to grow at a CAGR of 5.6% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Textile Recycled Materials Industry Forecast” looks at past sales and reviews total world Textile Recycled Materials sales in 2023, providing a comprehensive analysis by region and market sector of projected Textile Recycled Materials sales for 2024 through 2030. With Textile Recycled Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Textile Recycled Materials industry.

This Insight Report provides a comprehensive analysis of the global Textile Recycled Materials 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 Textile Recycled Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Textile Recycled Materials market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Textile Recycled Materials 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 Textile Recycled Materials.

The global textile recycled materials market is expected to witness significant growth in the coming years due to increased environmental awareness and sustainability efforts. Technological advancements in recycling processes, coupled with changing consumer preferences towards eco-friendly products, will drive the market's expansion. Collaboration among stakeholders, including brands, recyclers, and governments, will be crucial in developing a sustainable and efficient textile recycling ecosystem.

This report presents a comprehensive overview, market shares, and growth opportunities of Textile Recycled Materials market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Recycled PET Yarns
Recycled Cotton Yarns
Recycled Nylon Yarn
Other

Segmentation by application
Clothing
Carpet
Automotive Textile
Other

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.
Martex Fiber
Unifi
Patrick Yarn Mill
Aquafil
Haksa Tekstil
Filatures Du Parc
RadiciGroup
APM Industries
Pashupati Polytex
Hyosung
Nilit
LIBOLON
Far Eastern New Century Corporation
Haili Group
Cixi Xingke chemical fiber
Longfu Recycling Energy Scientech
Zhejiang Jiaren New Materials
BIONIC
Evrnu
Santanderina

Key Questions Addressed in this Report

What is the 10-year outlook for the global Textile Recycled Materials market?

What factors are driving Textile Recycled Materials market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Textile Recycled Materials market opportunities vary by end market size?

How does Textile Recycled Materials break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.