Lenzing AG producing textile fibers and pulp raw materials. The fibers are mainly use by the clothing industry and manufacture technical textiles, furniture textiles, non-woven fabrics, curtains, and towels. Lenzing AG introduced REFIBRA technology, which based on the environmentally friendly Lyocell technology.
Lenzing AG, a major well known manufacturer of man-made fibers, is launching a new Tencel fiber made from cotton waste fabrics to help drive circular economy solutions in the textile industry.
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Market Data Forecast published a report named as Eco Fibers Ingredients Market. Eco Fibers Ingredients market worth was USD 59.94 Billion in 2019 and it has estimated to rise at a CAGR of 11.4%, to reach USD 102.84 Billion by 2024.
Report segmented as:
Household & Furnishings
In terms of types, the market for organic fibers is project to register the fastest growth among other types followed by regenerated fibers segment in the global market.
Based on geography, the market divided under many countries such as North America, Europe, Asia-Pacific and the Rest of the World. North America has led the global Eco Fibers Ingredients Market.
Key market players:
olyfibre Industries Pvt Ltd
Wellman Advanced Materials
Grasim Industries Ltd.
David C. Poole Company, Inc.
China Bambro Textile (Group) Co., Ltd
Pilipinas Eco-fiber Corporation.
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The Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
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