Coco coir, also known as coco fiber, is extracted from the coco's outer shell, which is a stiff, coarse natural fiber, flexible natural yarn that is extracted from the outer husk of the coco manually or through machines. Coir has the highest lignin concentration, making it more robust but less flexible than cotton and unsuitable for dyeing. It is considered as an eco-friendly product, which is suitable for hydroponic and horticultural applications, as it absorbs water.
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On the basis of geography, North America region is expected to have considerable market growth during the forecast period, due to the fact that coir pith is now increasingly being applied as soil conditioner and soil medium in this province and growing use of nature-friendly products in different end-use industries.
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Some of the key players in Coco Coir Market include Pelemix Ltd, Lima Group, Benlion Coir Industries, Coco Green Pvt Ltd, Pilipinas Ecofiber Corporation, Bali Coco Fiber, SSS Global, Universal Coco Indonesia, Allwin Coir, PSG COIRS, Lanka Coco Products, Consarc Pvt Ltd, Nedia Enterprises, Kumaran Fibres, Klasmann-Deilmann GmbH, FibreDust LLC, Dutch Plantin, and SMS Exporters.
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