Procotex

Company Snapshot

Founded: 1970
Entity Type: Private
Region: Europe
Headquarter: Dottignies, Belgium
Key Geographics: Europe
Corporate Address: Rue Théodor Klüber 8  B7711 - Dottignies Belgium Tel. +32-0-56-48-3888 www.procotex.com

Company Overview

Procotex was founded in Belgium. The company produces flex fiber and recycles natural, synthetic and technical textile waste in the global market. In the global market forbio-based composite material, the company produces coconut fiber, hackled flax, hemp fiber, recycled jute, recycled jute, recycled sisal and natural fiber pellets. Procotex has a strong product portfolio in the bio-based composite materials market and caters its business to various end-use industries, including automotive, furniture, consumer goods and textile industries. The company strategically established its sister companies in Lithuania, Turkey and France.

Procotex In Reports

Global Bio-based Composite Material Market

BCC Research Market Analyst says global market for bio-based composite materials is estimated to increase from $5.9 billion in 2023 to reach $9.0 billion by 2029, at a CAGR of 7.4%.

Global Textile Recycling Market

BCC Research Market Analyst says global market for textile recycling is expected to increase from $8.0 billion in 2023 to $11.1 billion by the end of 2028, with a CAGR of 7.0%.

Global Bio-based Composite Material Market

BCC Research Market Analysis Report Says global bio-composites market should reach $7.7 bln by 2027 from $5.3 bln in 2022 at a CAGR of 7.6% for the period of 2022-27.

Company's Business Segments

  • Products : The company generates revenue through Flax Fibres, Natural Recycled Fibres, Synthetic Recycled Fibres, Technical Recycled Fibres.

Applications/End User Industries

  • Textile Industry
  • Spinning
AI Sentiment