Title: Recycled Fibers Market - Forecast, 2022-2027
1Recycled Fibers MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Global Recycled Fibers Market size is forecast to
reach US12.1 billion by 2027, after growing at
a CAGR of 7.7 during 2022-2027. Recycling refers
to the separation of a product into its raw
material that will be remanufactured and used in
a new product. Recycled fibers refer to the
fibrous materials which are manufactured from
various used materials. These recycled fibers are
usually made up of polyester, nylon, polypropylene
, polyethylene, and others. The global market for
recycled fiber is driven primarily by increasing
demand for these fibers in the textile industry.
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- Key Takeaways
- The global recycled fibers market is expected to
grow at a faster growth rate owing to high
awareness regarding recycled fibers and their
advantages in various industry verticals. - Covid-19 has significantly affected the market
growth owing to reduced raw materials, pause in
manufacturing and shortage of labor. - The Asia Pacific held the largest share due to
the higher number of textile industries,
fast-growing end-use industries, and global
players expanding their presence in the region. -
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By Distribution Channel- Segment Analysis Bedding
and cushioning held the largest share in the
global recycled fibers market in 2021 and are
expected to grow at a CAGR of 6.1 during the
forecast period. Recycled fibers are majorly used
for bedding and cushioning in-home types of
furniture, commercial furniture, Seatings of
automotives, and aircraft. Recycled fibers are
relatively cheaper, sustainable, and
environmentally friendly. The use of recycled
fibers will increase the brand value of the
end-products as it is sustainable and
environmentally friendlyThe increased consumption
of textiles, home decors, and furniture will
accelerate the demand for recycled fibers.
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- Recycled Fibers Market
Outlook - Leigh Fibers Inc.
- Indorama Ventures
- Polyfibre Industries Pvt Ltd.
- Poole Company, Inc.
- RSWM Ltd.
- Unifi, Inc.
- ZOLTEK Corporation
- ELG Carbon Fiber Ltd
- Carbon Fiber Recycling
- SGL Carbon
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Recycled Fibers Market -
Forecast 2022-2027 Learn More About the Report
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led-fibers-market.html
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- Data Tables
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