Europe Eco Fibers Ingredients market was worth USD 18.59 billion in 2021 and estimated to be growing at a CAGR of 11.5%, to reach USD 27.86 billion by 2026. 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, jute, or synthetic materials like polyethylene, polyester, or polypropylene which are recycled to change them into eco fibers. The major factors propelling for the market are quickly expanding textiles 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.
Europe Eco Fibers Ingredients Market - By Type:
Organic Fibers
Europe Eco Fibers Ingredients Market - By Application:
Geographical Analysis:
On the basis of geography, the Europe market is analysed under various regions namely
The Europe Eco Fibers Ingredients market is the second largest after Europe and is expected to grow at a high pace in the forecast period.
Key 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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