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Eco Fibers Market Worth 74.65 Billion USD by 2020

 



(IT-NEWSWIRE.COM, May 18, 2019 ) The report "Eco Fibers Market by Type (Organic Fibers, Recycled Fibers, Regenerated Fibers, and Others), by Application (Clothing/Textile, Household & Furnishings, Industrial, Medical, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World) - Global Forecast to 2020", published by MarketsandMarkets, The Global Eco Fibers Market is projected to reach USD 74.65 Billion by 2020 register at a CAGR of 11.46% between 2015 and 2020.

Request for PDF sample report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=152829511

Clothing/Textile - major market for eco fibers

Clothing/textile is a major application for the eco fibers market. Eco fibers are becoming the most popular type of fibers used in the clothing and apparel industry for properties similar to non-organic fibers. The two main functions performed by eco fibers in clothing are strength and comfort. Major fibers used in the clothing/textile application are organic cotton fibers, recycled fibers such as polyester, and regenerated fiber such as lyocell, viscose. Among these, organic fibers are the most preferred fibers for clothing as they provide an optimum level of comfort and are best suited for maintaining a person's health and well-being. Variations of fibers are also implemented to provide strength and color consistency to the fabric manufactured such as recycled cotton fibers along with rPET, cotton fibers along with virgin acrylic fibers, and so on.

The U.S. and India cumulatively accounted for more than 40% of the global eco fiber market in terms of value in 2014

The U.S. is the biggest market in the North American region as well as in global scenario with around 53% regional share. India is the biggest end user and producer of eco fibers with about 35% share in the Asia-Pacific region and is the second largest globally. The U.S. and India together accounted for around 40.0% of the global eco fibers market size in terms of value in 2014. The U.S. and India are the largest markets in their respective regions, and are expected to compete with each other to dominate the global market by 2020, with advanced eco fiber materials for end users.

Don't miss out on business opportunities in Eco Fibers Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=152829511

Browse in-depth TOC on "Eco Fibers Market".
88 - Market Data Tables
52 - Figures
157 - Pages

In 2014, Asia-Pacific was estimated to be largest market for eco fibers that accounted for around 37% of the overall eco fibers market in terms of value. North America and Europe together accounted for more than 40% of the global eco fibers market in terms of value in 2014. The eco fibers market in these regions is expected to increase substantially between 2015 and 2020, as the acceptance for these fibers is increasing in these regions.

Lenzing AG (Austria), Grasim Industries Limited (India), Teijin Ltd. (Japan), and US Fibers (U.S.) are the dominant market players in the global eco fiber market.

This report covers the market by value and volume for eco fibers and forecasts the market size till 2020. It includes the market segmentation by type, application, and region. It also provides company profiles and competitive strategies adopted by the major market players in the global eco fibers market. Companies such as Lenzing AG (Austria), Grasim Industries Limited (India), Teijin Ltd. (Japan), and US Fibers (U.S.) are the dominant market players in the global eco fibers market.

Purchase the report: https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=152829511

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


MarketsandMarkets™

Mr. Shelly Singh

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com



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