PUBLISHER: Lucintel | PRODUCT CODE: 1263971
PUBLISHER: Lucintel | PRODUCT CODE: 1263971
Natural Fiber Composites Market Trends and Forecast
The future of the global Natural Fiber Composites market looks promising with opportunities in the beauty and personal care market. The global Natural Fiber Composites market is expected to reach an estimated $831 million by 2027 with a CAGR of 8.3% from 2021 to 2027. The major driver for the growth of this market is the rise in demand for lightweight and environmentally sustainable composite materials in various applications, such as automotive, building & construction, and others.
Emerging Trends in the Natural Fiber Composites Market
Emerging trends, which have a direct impact on the dynamics of the industry, includes government support to innovate and commercial use of bio-based composites and emergence of new applications. Procotex, FlexForm, FiberGran, GreenGran, and Tecnaro are among the major suppliers of the natural fiber composites composites market.
A total of 90 figures / charts and 75 tables are provided in this 160-page report to help in your business decisions. A sample figure with insights is shown below.
Natural Fiber Composites Market by Segment
Natural Fiber Composites Market by Application [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
Natural Fiber Composites Market by Process [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
Natural Fiber Composites Market by Fiber [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
Natural Fiber Composites Market by Resin [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
Natural Fiber Composites Market by Region [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
List of Natural Fiber Composites Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies Natural Fiber Composites companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the natural fiber composites companies profiled in this report includes.
Natural Fiber Composites Market Insight
Features of Natural Fiber Composites Market
FAQ
Q1. What is the Natural Fiber Composites market size?
Answer:The global Natural Fiber Composites market is expected to reach an estimated $831 million by 2027
Q2. What is the growth forecast for Natural Fiber Composites market?
Answer:The Natural Fiber Composites market is expected to grow at a CAGR of 8.3% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the Natural Fiber Composites market?
Answer: The major driver for the growth of this market is the rise in demand for lightweight and environmentally sustainable composite materials in various applications, such as automotive, building & construction, and others.
Q4. What are the major applications or end use industries for Natural Fiber Composites?
Answer:Automotive and building construction are the major end uses for Natural Fiber Composites.
Q5. What are the emerging trends in Natural Fiber Composites market?
Answer:Emerging trends, which have a direct impact on the dynamics of the industry, includes government support to innovate and commercial use of bio-based composites and emergence of new applications.
Q6. Who are the key Natural Fiber Composites companies?
Answer:Some of the key Natural Fiber Composites companies are as follows:
Q7.Which Natural Fiber Composites product segment will be the largest in future?
Answer: Lucintel forecasts that flax natural fiber composites composites is expected to remain the largest segment due to its environmentally friendly alternative of synthetic fibers in fiber reinforced polymer composites. Hemp natural fiber composites composites segment is expected to witness the highest growth in the forecast period.
Q8. In Natural Fiber Composites market, which region is expected to be the largest in next 5 years?
Answer:Europe is expected to remain the largest region and North America witness the highest growth over next 5 years
Q9. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.