Recycled Fibers Market : Industry Trends and Developments 2018-2026

Press Release

Recycled Fibers Market: Overview

Fibers are used in a variety of applications. Fiber reinforced composites, nonwovens, and textiles are commonly used in numerous products that are used in daily life and technical applications. Recycling refers to the breakdown of the product into its raw materials to be reclaimed and used in new product. Recycled materials used in textile and apparel products can be obtained across the textile and apparel supply chain and from post-customer collection methods. The decision whether to use recycled materials in the products must occur during design and product development and then decide it to continue throughout the manufacturing processes.

Recycled Fibers Market: Drivers & Restraints

Increasing population and rising scarcity of resources are driving the recycled fibers market. The recycling industry is considering these factors and working on the recycled fibers, textile to textile recycling, and end-of-life solutions to reduce the environmental impact. This is driving the recycled fibers market. Additionally, governments of various countries are taking initiatives and recommending the use recycled products to avoid environmental impact caused by improper disposal of wastes. However, the lack of market for recycled products is the most significant barrier for entering the recycled product into marketplace. The reason is that the company can produce a finite number of products with the recycled materials before the market saturates. Additionally, if the consumer demand changes, the market for the waste commodity also changes. Recycling is a dynamic process, as the market saturates for a specific product and a new product must be developed. Additionally, the lack of equipment is also a barrier for the small and medium sized firms.

Recycled Fibers Market: Key Segments

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Based on application, the recycled fibers market is segmented into automotive, bedding, caskets, furniture, apparel, specialty fibers, acoustic insulation, spinning, sporting equipment, uniforms and public security, and others. Recycled fibers are used for production of cost-effective, acoustical parts, and insulation in automotive. These fibers are used for mattresses, pillows, and quilts in beddings. These fibers are used for batting, waddings, and needled and bonded felts in furniture. Specialty fibers are used for carding/spinning, composite, pulp, and wet laid applications.

In terms of raw material, the recycled fibers market can be segregated into polyesters, nylon, acrylic, cotton, cellulosic, polypropylene, wool, and others. Recycled polyesters account for a major share of the recycled fibers market, followed by cotton. Recycled wool is not widely used. Recycled nylon is also used in small scale.

Recycled Fibers Market: Regional Outlook

Based on region, the global recycled fibers can be divided into Latin America, North America, Europe, Asia Pacific, and Middle East &Africa. Asia Pacific dominates the recycled fibers market, followed by Europe and North America. Increase in production capacity and low wages are anticipated to boost the market in Asia Pacific. China accounted for the large share of the market in Asia Pacific. However, the market in North America and Europe also is projected to expand at a rapid pace, as the market is experiencing waste disposal problems. However, ongoing technological advancements and launch of new products are estimated to boost the demand for recycled fibers in the regions during the forecast period. The market in Latin America and Middle East & Africa are likely to expand at a sluggish pace during the forecast period.

Recycled Fibers Market: Key Players

The key players operating in the global recycled fibers market include Leigh Fibers Inc., Indorama Ventures, Martex Fiber, Polyfibre Industries Pvt Ltd., Poole Company, Inc., and RSWM Ltd., and Unifi, Inc.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis

The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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