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Vegetal Natural Fiber Market Trends

  • Report ID: GMI7705
  • Published Date: Dec 2023
  • Report Format: PDF

Vegetal Natural Fiber Market Trends

Vegetal natural fiber industry is witnessing notable trends driven by a growing emphasis on sustainability and eco-friendly practices. As consumers increasingly prioritize environmentally conscious choices, there is a discernible shift towards products made from plant-derived fibers such as cotton, jute, hemp, flax, sisal, and coconut. In the textile industry, these fibers are gaining prominence as manufacturers respond to the demand for sustainable fashion and textiles.
 

Additionally, the automotive sector is incorporating vegetal natural fibers into interior components and composite materials, aligning with the industry's commitment to lightweight and green technologies. The construction industry is embracing biocomposite materials made from vegetal fibers, contributing to eco-friendly building practices. The market is also witnessing innovation in processing technologies, enhancing the quality and applicability of vegetal natural fibers across various industries. These trends collectively underscore the market's evolution towards more sustainable and environmentally friendly solutions in response to global concerns about climate change and resource conservation.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for vegetal natural fiber was USD 51 billion in 2023 and is expected to reach USD 97 billion by 2032 due to the growing trend towards sustainable practices and the increasing environmental consciousness.

Vegetal natural fiber industry from the cotton products segment recorded USD 16.4 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 owing to the increasing demand for sustainable and eco-friendly materials.

U.S. industry size for vegetal natural fiber recorded USD 18 billion in 2023 and is expected to register commendable CAGR from 2024-2032 due to the presence of a robust economic landscape coupled with the thriving industrial sector in the region.

Lenzing AG, Aditya Birla Group, Safilens, Shandong Ruyi Textile Group Co., Ltd., Kelheim Fibres GmbH, Shanghai Chemical Industries Co., Ltd., Nufarm Ltd., Antex, Ltd., and Suominen Oyj are some of the major vegetal natural fiber companies worldwide.

Vegetal Natural Fiber Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 203
  • Countries covered: 23
  • Pages: 180
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