Asia Pacific eco fibers ingredients market is expected to reach USD 36.25 billion in 2024 and reach USD 62.62 billion by 2029, estimated to be growing at a CAGR of 11.55% from 2024 to 2029.
The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the pharmaceutical industry.
Eco fibers are created from either natural materials like organic cotton, hemp, and jute or synthetic materials like polyethylene, polyester, or polypropylene, which are recycled to change them into eco fibers. The major factor propelling the market is the quickly expanding textile industry in developing nations, including India and China. Growing environmental awareness, along with volatile prices associated with conventional fabrics, has also fuelled the market for eco fibers.
This research report on the Asia Pacific eco fibers ingredients market research report is segmented and sub-segmented into the following categories.
Asia Pacific Eco Fibers Ingredients Market – By Type:
Asia Pacific Eco Fibers Ingredients Market – By Application:
Asia Pacific Eco Fibers Ingredients Market – By Country:
On the basis of geography, the Asia Pacific market is analysed under various regions namely China, India, Japan and South Korea. The Asia Pacific Eco Fibers Ingredients market is the largest in the world and is expected to grow at a high pace in the forecast period.
KEY MARKET PLAYERS:
Some of the major companies dominating the market, by their products, are Lenzing AG, US Fibers, Polyfibre Industries Pvt Ltd, Grasim Industries Ltd., Wellman Advanced Materials, Teijin Limited, Pilipinas Ecofiber Corporation and China Bambro Textile (Group) Co., Ltd.
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