Blended Fibres Market to cross $57bn by 2024: Global Market Insights, Inc

NASDAQ GLOBE NEWSWIRE - Blended Fibers Market share is estimated to hit USD 57 billion by 2024; according to a new research report by Global Market Insights, Inc. Improved fabric appearance & durability and ease in handling along with expansion in textile industry are the major properties propelling blended fibers demand. As per industry experts, the U.S. man-made fiber and filament, apparel and textile shipments were valued at around USD 75 billion in 2016.

"Rising income levels, shifting customers focus towards eco-friendly products and environmental awareness is expected to drive product demand. Increasing investment in product innovation and supportive government rules & regulation is projected to provide lucrative opportunities for industry growth."

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