Research and Markets: Global Fiber Market 2012-2016 with Grasim Industries Ltd., Lenzing AG, and Tangshan Sanyou Group Co. Ltd Dominating
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/r95g5p/global_fiber) has announced the addition of the "Global Fiber Market 2012-2016" report to their offering.
The analysts forecast the Global Fiber market to grow at a CAGR of 4 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in population. The Global Fiber market has also been witnessing an increase in the demand for organic and natural fibers. However, the increase in fiber prices could pose a challenge to the growth of this market.
The key vendors dominating this space include Fulida Group Holding Co. Ltd., Grasim Industries Ltd., Lenzing AG, and Tangshan Sanyou Group Co. Ltd.
The other vendors mentioned in this report are Asahi Kasei Fibers Corp., BASF Corp., Fiber Visions Corp., Kaneka Corp., Mitsubishi Rayon Co. Ltd., Performance Fibers Inc., Radici Partecipazioni S.p.A, Reliance Industries Ltd., and Toyobo Co. Ltd.
Commenting on the report, an analyst from the team said: Organic fibers are produced without the use of toxic substances, preservatives, pesticides, irradiation, or genetic engineering. The demand for natural and organic fibers is increasing worldwide with the increase in environmental awareness among consumers. Especially when it comes to clothing, consumers increasingly prefer organic clothing. Consumers are demanding biodegradable, environmental, and skin-friendly fabrics and clothing from the Textile industry, which is driving the Global Fiber market. For instance, the production of organic cotton used in fabrics and clothing has increased two-fold and was worth more than US$7.0 billion in 2012 and will continue to increase during the forecast period. Many manufacturers are obtaining certifications such as the Global Organic Textile Standard for growing organic cotton fibers, so as to meet the growing needs for organic fiber-based textile products. The growing need for sustainability is encouraging consumers to buy products made from organic materials and fabrics. Hence, this will drive the growth of the Global Fiber market during the forecast period.
For more information visit http://www.researchandmarkets.com/research/r95g5p/global_fiber
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.