Hemp Fiber Market to Reach US$5.76 billion in 2023: Market Overview and Key Trends Market Overview:Hemp fiber is derived from the stalk of the hemp plant and offers numerous advantages such as high tensile strength, durability, and biodegradability. The increasing demand for eco-friendly and sustainable alternatives to synthetic fibers is fueling the growth of the hemp fiber market. The versatility of hemp fiber in various industries such as textiles, automotive,...
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