According to a market report by Lucintel, the future of the global hemp fiber market looks promising with opportunities in the textiles, pulp & paper, and composite material markets. The global hemp fiber market is expected to grow with a CAGR of 7% from 2024 to 2030. The major drivers for this market are increasing demand for sustainable and eco-friendly materials and expanding usage of this fiber in production of biodegradable plastics and composites.
A more
than 150-page report to understand trends, opportunity and forecast in global hemp
fiber market to 2030 by type (long fibers and short fibers), application
(textiles, pulp & paper, composite material, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that long fibers is expected to witness the highest growth over the
forecast period.
Within
this market, textiles is expected to witness the highest growth over the
forecast period.
Download
sample by clicking on hemp fiber market.
APAC is
expected to witness highest growth over the forecast period.
HEMP
BLACK, HempFlax, Hempro, Hemp Fortex, Naturalus Pluostas, CanvaLoop Fiber,
South Hemp Techno are the major suppliers in the hemp fiber market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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