Indonesia Bamboos Market Anticipated To Reach USD 2.8 Billion By 2028Posted by Neha Bora on October 30th, 2023 San Francisco, 30 Oct 2023: The Report Indonesia Bamboos Market Size, Share & Trends Analysis Report By Product, By Application (Construction, Furniture, Textile, Food, Energy, Pulp & Paper), And Segment Forecasts, 2021 - 2028 The Indonesia bamboos market size is expected to reach USD 2.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2021 to 2028. The increasing adoption of bamboo in the construction industry due to its high compressive strength, less weight, and ability to lower carbon emissions is anticipated to drive the growth in its demand, over the forecast period. The adoption of bamboo in the Indonesian textile industry is expected to rise, owing to increased emphasis by textile manufacturers towards the usage of natural fibers, due to increased preferences by consumers for natural products. Bamboo is one of the most accepted sustainable fibers that textile producers are committed to, owing to its versatility and renewable capabilities, and less cost as compared to cotton and wool. The bamboos market is expected wise in the energy industry, owing to the government's emphasis on the adoption of clean energy sources. Bamboo has characteristics such as volatile contents, lower ash, high heat value, and less moisture content, making it very suitable for bioenergy production, thus leading to the growth of Indonesia bamboos market. Key players including Moso International B.V., EcoPlanet Bamboo, and others dominate the market by offering premium products and integrating across the value chain. The established market players maintain robust relationships with the raw material suppliers and product distributors to ensure a smooth flow of raw materials and products. Access Research Report of Indonesia Bamboos Market @ https://www.grandviewresearch.com/industry-analysis/indonesia-bamboos-market-report Indonesia Bamboos Market Report Highlights
Indonesia Bamboos Market Report Scope
List of Key Players of Indonesia Bamboos Market
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