Eco Fibres Market Scope
Eco fibres also called as Eco-friendly Fibers or natural fibres. Eco fibres are naturally resistant to most of the fungi. These types of fibers are made up by using protein fiber and cellulose that is obtained from animal skin plants. Additionally, manmade fibers can be regenerated as the fibers are made up by using the building blocks provided by nature. Many fiber manufacturers have been started manufacturing eco friendly fibers due to revolution regarding usage of sustainable products and green movement in the textiles industry. Moreover, this promotes safe work environment and better livelihoods as nature fiber cannot create pollution, improves soil quality and creates very less air pollution.
According to AMA, the Global Eco Fibres market is expected to see growth rate of 11.26%
The Vendors having a strong hold in the market are Aditya Birla & Group, Foss Manufacturing Company LLC, Eco Fibers, David C. Poole Company Inc. Research Analyst at AMA estimates that United States and Indian Vendors will contribute to the maximum growth of Global Eco Fibres market throughout the predicted period.
Aditya Birla & Group (India), China Bambro Textile (Group) Co. Ltd (China), David C. Poole Company Inc (United States), Ecological Fibers (United States), Foss Manufacturing Company LLC (United States), Grasim Industries Limited (India), J.Korin (India), Lenzing AG (Austria), Pilipinas Ecofiber Corporation (Philippines) and Polyfibre Industries Pvt Ltd (Indian) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Shanghai Tenbro Bamboo Textile Co Ltd (China), Tangshan Sanyou Group Xingda Chemical Fibre Co Ltd (China), Teijin Limited (Japan), US Fibers (United States), Wellman Plastics Recycling LLC (United States) and Others.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Eco Fibres market by Type (Organic, Regenerated, Nature, Recycled and Others), by Application (Medical Supplies, Clothing/Textiles, Industrial, Household & Furnishings, Medical, Furniture and Other) and Region with country level break-up.
On the basis of geography, the market of Eco Fibres has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In February 2019, The Lenzing Group has announced partnership with the Textile and Fashion Federation Singapore. The partnership helps Lenzing Group to present them self and make the company’s brand more accessible to consumers.
Market Trend
- High Adoption of Green Revolution among Manufacturers
Market Drivers
- Rising Awareness about Environmental Sustainability
- Rising demand from Developing Economies
Opportunities
- Rising Research and Development Activities Lead to Innovation in Low Cost Production Techniques
Restraints
- High Cost due to Low Availability of Raw Materials
Challenges
- Low Availability of Cost Effective Production Techniques for Eco Fibres
Key Target Audience
Clothing Manufacturers and Textile Industry