Global Hemp Hurd Market Size By Type (Sizes <=10mm , Sizes>10 mm), By Application (Construction, Animal Bedding, Gardening), Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Hemp Hurd Market Size And Forecast

Hemp Hurd Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030.

Major factors driving the market growth include the rising demand for eco-friendly and sustainable building materials is driving the market growth. Hemp hurd is made from the woody core of the hemp hurd and is used as an alternative to traditional building materials such as concrete, plastic and fiberglass. The Global Hemp Hurd Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Hemp Hurd Market Definition

Hemp hurd refers to the woody part inside the hemp stalk. It is a byproduct produced when the outer fibers of the hemp plant are removed for various purposes, such as fiber manufacturing and CBD extraction. Hemp hurd has a fibrous texture and is lightweight and highly absorbent. It consists of the woody core inside the hemp stem and is rich in cellulose and lignin. The hemp plant is usually separated from the hemp stem by debarking. Hemp hurd are noted and used in various industries due to their desirable properties and eco-friendly qualities.

Hemp hurd can be mixed with lime and other binders to create hempcrete, a sustainable and insulating building material. Hemp cleats are used for wall insulation, flooring and other structural elements. Hemp hurd is suitable for animal bedding because it absorbs moisture well. Hemp hurds can be used as a soil conditioner or an ingredient in potting mixes. It improves soil moisture retention, aeration and drainage, promoting healthy plant growth.

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Global Hemp Hurd Market Overview

The primary factor driving the market growth is the rising demand for eco-friendly and sustainable building materials is driving the market growth. Hemp hurd is made from the woody core of the hemp hurd and is used as an alternative to traditional building materials such as concrete, plastic and fiberglass.

Hemp, part of the cannabis family, is super versatile! We mainly use its stems and fruits to make things like clothing, rope, and even biofuels. Hemp seeds have these long fibers that get chopped up and used for everything from architecture and animal bedding to gardening and creating strong composite materials. What's fueling this hemp boom? Well, more and more people are using hemp seeds, and cannabis is becoming legal in more places. Plus, industries like construction and automotive are demanding more composite materials, people are realizing how great hemp is, and there's more investment in R&D. Because it's so strong, hemp fiber is even being considered as a replacement for glass fiber in composites – pretty cool, huh?

The construction industry increasingly turns to sustainable building practices to reduce carbon footprint and improve energy efficiency. Combined with lime and other binders, Hanfhirte offers an environmentally friendly alternative to conventional building materials. The growing demand for sustainable and energy-efficient buildings has increased the use of hemp fibers in hemp concrete and other building applications.

Global Hemp Hurd Market Segmentation Analysis

The Global Hemp Hurd Market is segmented on the basis of Type, Application, and Geography.

Hemp Hurd Market, By Type

  • Size <=10mm
  • Size >10 mm

On the basis of Type, the market is classified into Sizes <=10mm and Sizes>10 mm. The hemp hurds size is only 10 millimeters. This type of hurdle is commonly used in construction, animal litter, gardens and mixed-use. The construction application segment is projected to be the fastest-growing in the market. Size <=10mm is a type of hemp poop used in construction, pet bedding, gardening, and composites.

Hemp Hurd Market, By Application

  • Construction
  • Animal Bedding
  • Gardening
  • Composite Materials

On the basis of Application, the market is classified into Construction, Animal Bedding, Gardening, and Composite Materials. Hemp hurds can be used as a soil conditioner to improve soil quality. Due to the high organic matter content in hemp seeds, it improves the water-holding capacity and aeration of the soil. Additionally, hemp seeds’ nitrogen, phosphorus, potassium and other minerals help improve soil fertility. Additionally, the use of hurdles is the woody core of the hemp plant, also called a sieve. They are a byproduct of processing hemp into fiber and comprise approximately 65% ??cellulose and 35% lignin.

Hemp Hurd Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

basis of Geography The Global Hemp Hurd Market is segmented into North America, Europe, Asia Pacific, Rest of the World. The North American region holds a large number of shares in the market because of the growing demand for hemp in the region for various uses such as construction, animal bedding, and composites. The United States is expected to contribute significantly to the regional market’s growth.

Key Players

The “Global Hemp Hurd Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are NATŪRALUS PLUOÃ…Â TAS, SchÃÂnthaler, HempFlax, American Hemp, South Hemp Tecno, Sunstrand, Hemptopia, Plains Industrial Hemp Processing, and Colorado Cultivars.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Hemp Hurd Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in Global Hemp Hurd Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2019-2030

BASE YEAR

2022

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2019-2021

KEY COMPANIES PROFILED

NATŪRALUS PLUOÃ…Â TAS, SchÃÂnthaler, HempFlax, American Hemp, South Hemp Tecno, Sunstrand, Hemptopia, Plains Industrial Hemp Processing, and Colorado Cultivars.

SEGMENTS COVERED
  • By Type
  • By Application
  • By Geography
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