Hemp Fiber Market is expected to reach 280 million US$ by 2025 – QY Research

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This report studies the Hemp Fiber market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

Hemp is traditionally known as a fiber plant, and two kinds of fibers are derived from the hemp plant’s stalk. They are long (bast fibers) and the short (core fibers). The long, strong bast fibers are similar in length to soft wood fibers and are very low in lignin content (lignin is the “glue” that holds plants together). The short core fibers are more similar to hard wood fibers.

The hemp fiber industry is fragmented: there are more than 100 manufacturers in the world, and most of the products come from China, European countries and Canada. Also, in the world wide, giant manufactures mainly distribute in China and Europe. The world-leading producer of hemp is China, with most of its use in textile industry. Hemp has been cultivated in China for several thousand years. Currently, China owns the top-class hemp fiber textile technology. Shanxi Greenland and Yak Technology are the leading players in the market. Europe is an important production area of hemp fiber. Hemp fiber in Europe is mainly produced in France, Germany, UK, etc, with its main use in pulp & paper and composite materials. Russia and Ukraine are also important providers of hemp products, and the main use is in textile industry. Major players like Hemp Flax, BAFA are located in Europe.

China is the main exporter of hemp fiber and hemp textiles. Canada hemp fiber manufacturers mainly supplies hemp products to satisfy the need of United States. The import and export business between European countries is frequent, but generally the consumption of hemp fiber is relatively even.

The global Hemp Fiber market was 190 million US$ in 2017 and is expected to 280 million US$ by the end of 2025, growing at a CAGR of 5.1% between 2018 and 2025.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Hemp Fiber in these regions, from 2013 to 2025, covering

    North America (United States, Canada and Mexico)

    Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

    Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

    South America (Brazil etc.)

    Middle East and Africa (Egypt and GCC Countries)

 

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

    HempFlax

    Cavac Biomatériaux

    BaFa

    Hemp Planet

    Dunagro

    American Hemp

    Hempline

    Hemp Inc

    OOO《 Патриот Агро》

    CaVVaS

    Shanxi Greenland Textile

    YAK Technology

    Shenyangbeijiang

    Tianyouhemp

By the product type, the market is primarily split into

    Long (bast) Fibers

    Short (core) Fibers

    Others

By the end users/application, this report covers the following segments

    Textiles

    Pulp & Paper

    Composite Materials

    Others

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