Bio-based Fibre Market
Bio-based Fibre Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Bio-based Fibre Market Size and Growth
The bio-based fibre market is experiencing significant growth, driven by rising environmental concerns and demand for sustainable materials. As of 2023, the market size is estimated to reach approximately $30 billion, with a projected CAGR of 8% through 2030. Key drivers include innovation, consumer preference shifts, and regulatory support for renewable resources.
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Companies Covered
(Covid 19 Impact Covered)
◍ Lenzing AG
◍ Acegreen Eco-Material Technology
◍ Aditya Birla Group
◍ Baoding Swan Fiber
◍ Nien Foun Fiber
◍ Chonbang
◍ Weiqiao Textile Company Limited
◍ Zhejiang Yaojiang Industrial Group
◍ China Populus Textile
◍ Great Duksan
◍ Qingdao Textiles Group Fiber Technology
◍ Smartfiber AG
◍ Acelon Chemicals and Fiber Corporation
The bio-based fiber market features competitive players like Lenzing AG and Aditya Birla Group, focusing on sustainable products. Companies utilize bio-based fibers in textiles to meet eco-friendly demands. Their innovations enhance market growth. Sales revenues include Lenzing AG (€1 billion) and Aditya Birla Group (approximately $2.5 billion). Request Sample Report
Market Segmentation
By Application
Textile and Apparel
Home Textile
Industrial Application
Others
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By Product
Plant Fiber
Animal Fiber
Market Growth
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$ X Billion USD
