What is the value of ramie fiber in the global market?

The global ramie fiber market can be segmented on the following basis:

• Based on the type: On the basis of the type of ramie fiber, the ramie fiber global market has been segmented into First Grade, Second Grade, and Third Grade.

• Based on applications: On the basis of applications, the ramie fiber global market has been segmented into Flying parachutes, Insurance rope, Home Textiles, Clothing, and others.

• Based on geographical regions: On the basis of geographical region, the ramie fiber global market has been segmented into the United States, Europe (Germany, UK, France, Italy, Spain, Russia, Poland), Asia-Pacific (China, Japan, India, Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam), Central and South America (Brazil, Mexico, Colombia), Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria) and other regions.
In both production and exporting of ramie fiber, China holds the monopoly. The cultivated area of ramie in the world is about 0.088 million hectares. In the world, around 0.163 million tonnes of ramie fiber is produced per annum.

Some of the dominant industries in the global ramie production are Yantai Xinchao Industry, Kingdom, Wildfibres, Ningbo Gongyao Sealing Materials, RUS-KIT Sealing Materials, SwicoFil Ag, Huasheng Group, etc.