— Eco Fiber Industry 2019
Eco fiber refers to the fiber that is produced without any use of chemicals. Eco fibers can be easily synthesized from natural materials like hemp, linen, jute, and organic cotton. Eco fibers can also be produced through the recycling of synthetic materials like polyester, polyethylene, and polypropylene.
Eco fibers are gaining popularity in designer apparel as well as garments. The use of innovative production methods and technologies will help in the development of the eco fiber. The global eco fiber market is expected to grow significantly during the forecast period.
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• David C. Poole Company
• US FIBERS
• Wellman Advanced Materials
Market Drivers and Limitations
The growing inclination of consumers toward quality is a key market driver of eco fiber. The growing concern for the environment and the damage caused by conventional fibers are the key growth factors of the global eco fiber market. The continuous advancement of the eco fibers offering hypoallergenic, anti-microbial, absorbent, insulating, and UV resistant characteristics are expected to increase the demand for eco fibers in the clothing industry. The increase in the adoption of bamboo and favorable government policies for the production of bio-based products fuels market growth.
The growth of the textile industry and the use of advanced techniques are some of the other factors that propel market growth.
The growing demand for cheaper synthetic fibers is one of the major barriers that restrict the market growth. The challenges related to the cultivation of organic cotton are another limiting factor for market growth.
The global eco fiber market is bifurcated based on product type, application, and region.
Based on the product type, the global eco-friendly market is segmented into regenerated fibers, recycled fiber, natural fiber, and organic fiber. Regenerated fiber holds the largest share in the global market, owing to its environment-friendly nature due to the absence of chemicals in the production process. The increase in the focus on sustainable disposal to reduce the hazardous effects on the environment as well as humans, is another factor that accounts for the growth of the segment. The segment of organic fiber is expected to witness faster growth during the forecast period.
Depending on the application, the global market is classified into textiles, medical, industrial, and household and furnishing applications. Textile application is the leading segment in the global market. The growth in the textile industry and the growing demand for textiles will further increase the demand for the segment.
Depending on the region, the global eco fiber market includes the North America region, the Europe region, the South America region, the Asia Pacific region, and the Middle East and Africa region. The Asia Pacific region is the leading market across the globe, owing to the increase in the number of trade agreements in the region.
The leading players of the market are David C. Poole Company, TEIJIN, Wellman Advanced Materials, US Fibers, Grasim Industries Ltd., LENZING, and Polyfibre Industries.
An increase in the adoption of bamboo is the latest trend in the eco fiber industry.
In June 2019, Lenzing Group constructed a lyocell fiber plant in Thailand that is the largest in the world.
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