What is Hemp Fiber Market?
Hemp fibers are extracted from industrial hemp and processed into raw materials without chemicals or chemical processes. During the production process an optimal combination of fiber length and fiber consistency is achieved, making the extremely strong hemp fibers multi-usable. Hemp fiber is extremely suitable for use in innovative, advanced industrial applications such as press molding and injection molding. This raw material is a great replacement for synthetic plastic reinforcements, and very suitable for the automotive and textile industries. Fiber hemp is the natural and environmentally friendly alternative for industrial applications. It offers the raw materials and semi-finished products for innovative techniques and methods with which virtually everything can be made. Fiber hemp is the raw material of the future. Growing applications are likely to boost the growth of the global hemp fiber market.
The market study is being classified by Type (Long (bast) Fibers, Short (core) Fibers and Others), by Application (Textiles, Pulp & Paper, Composite Materials, Automobiles and Others) and major geographies with country level break-up.
HempFlax BV (The Netherlands), Cavac Biomatériaux (France), Bafa Neu GmbHH (Germany), Dunagro (Netherlands), American Hemp (United States), Hempro International GmbH & Co. KG (Germany), Hemp Inc (United States) and Shanxi Greenland Textile Co., Ltd.(China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Yak group (China), Shenyang Beijiang Hemp Industry Development Co. Ltd. (China) and Cavvas Limited (Romania).
Research Analyst at AMA predicts that Germany, Netherlands, Chinese, and United States Vendors will contribute to the maximum growth of Global Hemp Fiber market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Hemp Fiber market by Type, Application and Region.
On the basis of geography, the market of Hemp Fiber has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia-Pacific region held largest market share in the year 2019. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing awareness about hemp fiber
- Increasing Demand for various applications
- Strict regulations in many countries around the world
- Growing opportunities among emerging markets
Key Target AudienceHemp fiber manufacturers, Raw material suppliers, Government and Research organisations, Pulp and Paper industry, Textile industry, Composite Materials industry, Automobiles industry and Others
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