Natural Fibers Market 2019
Natural fibers or natural fibres (see spelling differences) are fibres that are produced by plants, animals, and geological processes. They can be used as a component of composite materials, where the orientation of fibers impacts the properties. Global Natural Fibers market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Natural Fibers.
This report researches the worldwide Natural Fibers market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Natural Fibers breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter-s Five Forces Analysis.
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The following manufacturers are covered in this report: Trex Company Inc. Fiberon LLC UPM Biocomposites LENZING Corporation Flexform Technologies Technaro GmbH Procotex SA Corporation NV Greengran BV
Natural Fibers Breakdown Data by Type Cotton Wool Other
Natural Fibers Breakdown Data by Application Textile Paper Industry Chemical Industry Other
Natural Fibers Production Breakdown Data by Region United States Europe China Japan Other Regions
Natural Fibers Consumption Breakdown Data by Region North America Asia-Pacific Europe Central & South America Middle East & Africa
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The curiosity to understand technologies better, demand for an improved lifestyle, and need to find alternatives for natural resources have triggered growth for the chemical industry. The core is formed by technologies that produce industrial chemicals. The process focuses on the transformation of oil, natural gas, air, water, metals, and minerals into various end-products with a strong impact on the global economy. Its strong demand across verticals have ensured a remarkable growth in terms of value in the coming years.
The industry thrives by penetrating our daily lives in a pervasive manner. From basic necessities like detergent, soaps, and perfumes to niche cuisine, the chemical industry covers a wide-range of products. The entire industry can be segmented into basic chemicals, specialty chemicals, and consumer chemicals. Basic chemicals have derivatives of petrochemicals, polymers, and basic inorganics. Specialty chemicals include paints, inks, crop protections, colorants, and others. Consumer chemicals have perfumes, detergents, toiletries, and so on.
The market, on the other hand, is witnessing a remarkable growth in the demand for bio-friendly and sustainable products. This has given rise to the investment associated with research and development sector. Several companies have launched their strategic moves to find out green chemicals that would adhere to the global demands for the reduction of carbon footprints. Steps taken by the Green Chemistry & Commerce Council (GC3) is exemplary in this regard. The council has 130 company and multiple stakeholders who are now taking their chances in commercializing safer chemical solutions. This they have named Collaborative Innovation Challenge (CIC). Several companies, like Beiersdorf, Procter & Gamble, SC Johnson and Unilever, are a part of this council. This is further getting traction due to the stringent laws implemented by Europe and North America to curb carbon emission.
In healthcare sector, the pervasive nature of the chemical industry is ushering in some big changes. Recently, BiomX Ltd. announced that they have developed both natural and engineered phage therapies and licensed them from JSR Corporation to counter diseases like Primary Sclerosing Cholangitis (PSC), an orphan liver disease. The company is known for its innovative ways to fuse medicine and chemical science to develop products that can provide better opportunities for the healthcare sector.
The global chemical industry is witnessing notable changes with the participation of China and other emerging economies from the APAC region. However, major companies are from Europe and North America. But these companies are trying to forge a bond with Asian economies to explore opportunities like cost-effective labor and easy access to natural resources. This is evident from the decision of BASF, a German company, who invested in an advanced materials private equity fund, that gets managed by the Shanghai-based Longwater Investment.
Such strategic developments in the chemical industry have huge potentials in defining the future of the industry. At the same time, the industry is growing in sync with the global demand for eco-friendly products, which will surely impact the growth positively.
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