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Showing posts with the label Bamboo Powder Market Demand

Bamboo Powder Market Growth Accelerated by Sustainable and Eco-friendly Attributes

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  Bamboo powder is obtained by grinding dried and processed bamboo particles into a fine powder. It is commonly used as a thickening, binding, and bulking agent in food & beverage, cosmetics, construction, and pharmaceutical applications. Bamboo powder has several beneficial attributes including sustainability, biodegradability, cost-effectiveness, and durability. It is a renewable natural resource that grows faster than wood and its cultivation enhances carbon sequestration. Bamboo powder is being increasingly used as a replacer for plastic and other non-biodegradable materials in various industries due to growing environmental concerns. The global Bamboo Powder Market is estimated to be valued at US$ 158.4 Mn in 2023 and is expected to exhibit a CAGR of 3.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the growth of the bamboo powder market is its increasing usage ...

Bamboo Powder Market: Bamboo Raw Materials is fastest growing segment propelling the growth of Bamboo Powder Market

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  The global Bamboo Powder Market is estimated to be valued at US$ 158.4 Mn in 2023 and is expected to exhibit a CAGR of 3.3% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Bamboo powder is a fine ground form of bamboo fibers that provide higher strength and absorbency. It is used as an additive or filler in various end-use industries such as food, pharmaceuticals, textiles, etc. due to its eco-friendly nature. Market key trends: One of the key trends in the  bamoo powder market  is the growing demand for bamboo raw materials. Bamboo raw materials accounted for over 35% of the overall bamboo powder market share in 2022. The growth in demand can be attributed to increasing awareness about environmentally sustainable products and various properties of bamboo that make it a viable substitute for non-renewable materials. Properties such as high tensile strength, low weight, rapidly renewable nature, a...