Central India Chronicle

Exploring the Evolution and Prospects of Eco Fibers: A Market Analysis

 Breaking News
  • No posts were found

Exploring the Evolution and Prospects of Eco Fibers: A Market Analysis

August 08
23:14 2023
Exploring the Evolution and Prospects of Eco Fibers: A Market Analysis
Browse 190 market data Tables and 43 Figures spread through 189 Pages and in-depth TOC on “Eco Fibers Market”
The Eco Fibers market gains momentum globally, with APAC leading the surge. Sustainable textiles drive industry transformation, aligning with eco-conscious trends.

The Eco Fibers market size is estimated to be USD 52.0 billion in 2022 and is projected to reach USD 78.3 billion by 2027, at a CAGR of 8.5%. The term “eco fibers” refers to sustainable fibers produced with the least amount of environmental harm using any organic material, a combination of organic or natural material, or recycled material. The main eco-fibers are recycled polyester, recycled nylon, recycled polyester, organic cotton, organic wool, viscose, and lyocell.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=152829511  

Eco fibers are categorized into organic, regenerate, and recycled fibers. Wool, hemp, flax, and organic cotton are all organic fibers. The most common fiber among these is organic cotton, which is mostly used in the apparel sector. Lyocell and viscose are the two main fibers used in regenerated fibers. Post-consumer and post-industrial waste nylon and polyester fibers are examples of recyclable fibers chemical and mechanical conversion procedures that are eco-friendly and energy-efficient are used to separate these fibers from the waste.

The major function of eco fibers is in the clothingtextile, where it is used in the manufacturing of fabric and yarns that further find their application in applications such as clothing/Textile, household, medical and industrial. Eco fibers are used because they reduce manufacturing costs, have features that are like those of virgin fibers (such as strength, dyeing ease, high moisture recovering capacity, and so on), and, most importantly, are environmentally friendly.

Global players primarily meet the demand for eco fibers from diverse end-use sectors. Grasim Industries Limited (India), Lenzing AG (Austria), Sateri Group (China), Tangshan Sanyou Group Xingda Chemical Fibre Co., Ltd. (China), and US Fibers (US) are a few of the top manufacturers of eco fibers. These industries, along with other local companies, meet the demand for eco-fibers on a global scale.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=152829511 

Sateri Group (China), High-quality fibers like viscose, lyocell, recycled, and non-woven fabrics and yarns are produced by Sateri. The business provides fibers for usage in a variety of end markets, including the textile and apparel, medical, industrial, and other sectors. Using these cellulosic fibers, a wide range of clothing, including shirts, dresses, innerwear, outerwear, etc., can be made. The business has locations throughout Asia, Europe, and the Americas.

Lenzing AG (Austria) is a manufacturer and distributor of eco fibers. The company provide its products to textile and non-woven industries, the packaging industry, the automotive industry, and others. The company has three major business revenue segments Pulp division, Fiber Division, and others. The product portfolio of the company includes Viscose, Lyocell, Modal, and other filament yarns. The company has 8 production sites and 10 planning and sales offices across the globe.

Grasim Industries Limited (India), Producing textiles, chemicals, and other goods is the primary business of Grasim Industries Limited (India), a member of the Aditya Birla Group. This corporation has four operational segments, including cement, financial services, and viscose chemicals. Under its segment for viscose staple fiber, the company manufactures regenerated cellulosic fiber. Viscose fibers can be produced in a total of four production units, whereas viscose filament yarns can be produced in two production units.

Other Companies have initiated following Developments.

  • In March 2022, the world’s largest lyocell production plant was opened by Lenzing AG in Thailand. The production capacity of this plant is 100,000 tons.
  • In April 2022, The Teijin LTD. has created an excellent-performing eco-friendly staple polyester nanofiber to reinforce rubber used in products like vehicle tyres, hoses, and belts.
  • In January 2022, GP Cellulose, LLC., invested USD 80 Million to expand its fluff pulp production capacity.
  • In November 2021, Grasim Industries Limited expanded its viscose production capacity by 300 tons per day.
  • In February 2021, Lenzing AG introduced new zero-carbon lyocell fibers namely TENCEL and TENCEL REFIBRA, under the brand name of TENCEL.
  • In March 2021, Sateri has planned to expand the production capacity by 500,000 tons by 2025.
  • In February 2021, Sateri launched its recycled fiber namely FINEX.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=152829511  

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. 

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The Knowledge Store™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. 

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/eco-fibers-market-152829511.html