The Global Eco Fibers Market Size is Projected to Reach USD 74.65 Billion by 2020
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/8krm84/eco_fibers_market) has announced the addition of the “Eco Fibers Market – Global Forecast to 2020” report to their offering.
The global eco fibers market is projected to reach USD 74.65 billion by 2020, registering a CAGR of 11.46% from 2015 to 2020.
The Asia-Pacific region is the fastest-growing market for eco fibers, in terms of value and volume. The growing industrial applications such as protective clothing in chemical, oil & gas, automotive, and power industries and cheap labor in the Asia-Pacific region is also responsible for the high market numbers and global shift of consumption and production capacity from the developed markets to the emerging markets.
India and China are the two major economies for the eco fibers market. The increasing demand from the domestic market and rising export business from these countries as well as from others such as the U.S., Brazil, Argentina and Peru are driving the market for eco fibers at global level.
China’s consumption of eco fibers has grown exceptionally and is expected to witness further growth in the near future. The high growth of the eco fibers market in China is a result of the growing textile industry, encouraging trade conditions, and its better physical properties as compared to virgin fibers such as strength and longevity.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Eco Fibers Market, By Type
8 Eco Fibers Market, By Application
9 Eco Fibers Market, By Region
10 Competitive Landscape
11 Company Profiles
- David C. Poole Company, Inc.
- Foss Manufacturing Company, Llc.
- Grasim Industries Limited
- Lenzing AG
- Polyfibre Industries Pvt Ltd.
- Shanghai Tenbro Bamboo Textile Co., Ltd.
- Tangshan Sanyou Group Xingda Chemical Fibre Co., Ltd.
- Teijin Limited
- US Fibers
- Wellman Plastics Recycling, LLC
For more information visit http://www.researchandmarkets.com/research/8krm84/eco_fibers_market
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Sector: Clothing, Recycling and Recycled Materials, Textiles