VALLEY COTTAGE, New York,
July 17, 2017 /PRNewswire/ --
Through innovative technologies, specific species of bamboos
have gained applicability in production of beverages, which include
popular drinks such as beers and teas. In Latin America, demand for bamboos is rising on
the account of such breakthrough applications. Bamboos are no
longer restrained to the image of being key resources and raw
materials in paper-making and construction & building industry.
Cultivation of bamboos is easy and quite profitable, grabbing the
interests of agriculturists and farmers. Surplus availability of
bamboos is promoting their use in such novel applications.
Future Market Insights projects that towards the end of
2027, over 63,000 KT of bamboos will be sold across the globe,
bringing in revenues worth over US$ 10
Bn.
(Logo:
http://photos.prnewswire.com/prnh/20161020/430874LOGO )
According to the recently-published report, global market for
bamboos is expected to be valued at US$ 3.6
Bn by the end of 2017. During the forecast period 2017-2027,
the global bamboos market is projected to soar at a value CAGR of
10.6%. In terms of volume, the market is slated to record global
sales of more than 24,000 KT by the end of 2017, and will reflect a
10.1% CAGR over the assessment period.
Request a Sample Report with Table of Contents and
Figures:
http://www.futuremarketinsights.com/reports/sample/rep-gb-347
Contribution of Asia-Pacific
to Global Bamboo Market
China and India are expected to continue their dominance
in the global bamboos market through 2027. These Asia-Pacific countries will continue to
account for about 50% resources of bamboos and their species in the
world. Consequently, Asia-Pacific
is expected to be the largest bamboos market in the world, both in
terms of value as well as volume. Over the forecast period, the
Asia-Pacific bamboos market will
reflect speedy growth at 11.8% CAGR. By the end of 2027, nearly
three-fourth of global bamboo revenues will be accounted by the
region.
New Applications of Bamboos = Unbounded Growth
Opportunities
Owing to their abundance and versatility, bamboos and
bamboo-based products are used for a wide range of indoor &
outdoor applications. Being a highly renewable resources in every
context, bamboos have more than 1,500 recorded uses. Food
production, pulp and paper, wood substitute, handicrafts, cottage
industries, medicinal products, and charcoal production are some
prominent applications of bamboos that have influenced the market's
rampant growth.
The lightness, durability and tensile strength of bamboos have
made them an excellent industrial raw material. Some companies are
focusing towards manufacturing low-cost bicycles out of bamboos.
However, expensive labour force in harvesting & procurement of
bamboo is slated to restrain the market's growth. Seasonal
employment in primary processing of bamboos is also refraining
manufacturers from capacity expansion. The basic application of
bamboos - production of paper and pulp, however, continues to drive
the global bamboo sales rapidly. By 2027, close to 48% of global
bamboo market value will be accounted by end-use of bamboos in
paper & pulp industry.
Preview Analysis on Global Bamboos Market Segmentation By
End-Use Industry - Wood and Furniture(Timber Substitute, Plywood,
Mat Boards, Flooring, Furniture, Outdoor Decking),
Construction(Scaffolding, Housing, Roads); Food (Bamboo Shoots),
Pulp & Paper, Textile, Agriculture, Others (Charcoal &
Handicrafts):
http://www.futuremarketinsights.com/reports/bamboos-market
Majority of key players in the global bamboo market are based in
Asia-Pacific region. These include
companies such as Bamboo Village Company Limited, Kerala State
Bamboo Corporation Ltd, Jiangxi Feiyu Industry Co. Ltd., ANJI
TIANZHEN BAMBOO FLOORING CO. LTD, Dasso Industrial Group Co., Ltd,
Xingli Bamboo Products Company, China Bambro Textile Company
Limited, Bamboo Bio Composites Sdn Bhd, Fujian Jianou Huayu Bamboo
Industry Co., Ltd., Jiangxi Shanyou Industry Co. Ltd., Tengda
Bamboo-Wood Co., Ltd., and Jiangxi Kangda Bamboo Ware Group Co.,
Ltd. Other prominent market participants include Teragren LLC, Moso
International B.V., Bamboo Australia Pty Ltd., EcoPlanet Bamboo,
Smith & Fong Co Inc., Southern Bamboo Inc., and Higuera
Hardwoods LLC.
More from FMI's Cutting-edge
Intelligence:
- Renewable Methanol Market Segmentation By Primary Source
- Biomass, Municipal Waste and Industrial Waste, By End-Use
Application - Formaldehyde, MTBE, Gasoline, Dimethyl Ether,
Solvents and Others:
http://www.futuremarketinsights.com/reports/renewable-methanol-market
- Graphite Market Segmentation By Product - Natural
Graphite and Synthetic Graphite; By Application - Refractories,
Lubricants and Crucible, Foundry Facing, Batteries and Others:
http://www.futuremarketinsights.com/reports/graphite-market
- Dicamba Market By Application - Agriculture, Lawn &
Turf, Others (Forests, gardens & plants, other non-commercial
applications):
http://www.futuremarketinsights.com/reports/dicamba-market
About Us
Future Market Insights (FMI) is a leading market intelligence
and consulting firm. We deliver syndicated research reports, custom
research reports and consulting services which are personalized in
nature. FMI delivers a complete packaged solution, which combines
current market intelligence, statistical anecdotes, technology
inputs, valuable growth insights and an aerial view of the
competitive framework and future market trends.
Browse More Chemicals & Materials Market
Insights
Contact Us
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): +44(0)20-7692-8790
Sales: sales@futuremarketinsights.com
Press Office: Press@futuremrketinsights.com
LANews: http://www.lanews.org/
Find Market
Research: http://www.findmarketresearch.org/
Website: http://www.futuremarketinsights.com