Hemp Fiber Market Growth Forecast: USD 825.0 Mn by 2036, China and...

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2026-09-29 20:24:34 -

Hemp Fiber Market Growth Forecast: USD 825.0 Mn by 2036, China and India Show Strong Expansion

The global hemp fiber market is projected to reach USD 825.0 million by 2036, increasing from USD 276.0 million in 2026 at a 11.2% CAGR between 2026 and 2036, according to Future Market Insights (FMI). The market is gaining momentum as industrial buyers explore bio-based materials for applications including automotive composites, nonwoven textiles, insulation, sustainable construction,...

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