The global natural fiber composites market size is anticipated to register a significant CAGR of over 11% during the forecast period and expected to reach around USD 9 billion by 2025. The increasing demand for lightweight products in automotive and the growing adoption of green products are some of the major factors to drive the market growth. Furthermore, the growing construction activities across the globe and the increasing adoption of biodegradable composites are further anticipated to boost the market over the forecast period. However, the moisture-sensitive nature of natural fiber composites is a major factor to restrain the market growth.
The report titled "Natural Fiber Composites Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2020 – 2027" offers a holistic view of the Natural Fiber Composites industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Natural Fiber Composites market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Natural Fiber Composites Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Data Natural Fiber Composites Market Segmentation:
By Type:
- Wood Fiber
- Non-Wood Fiber
By Manufacturing Process:
- Compression Molding
- Injection Molding
- Others
By Application:
- Building & Construction
- Automotive
- Electrical & Electronics
- Others
By Region:
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East & Africa
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List of Key Companies:
- Trex Company Inc.
- Fiberon Technologies Inc.
- FlexForm Technologies
- UPM Biocomposites
- Azek Building Products
- Amorim Cork Composites SA
- GreenGran BN
- Meshlin Composites Zrt
- Procotex Corp SA
- TECNARO GMBH
Key Questions Answered by Natural Fiber Composites Market Report
· Product popularity and adoption based on various country-level dynamics
· Regional presence and product development for leading market participants
· Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
· Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
· number of employees and market concentration, among others
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