The natural fiber composites market is forecasted to grow by USD 1001 mn during 2023-2028, accelerating at a CAGR of 3.3% during the forecast period. The report on the natural fiber composites market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by regulations and demand for environment-friendly composites, potential of nfc to replace synthetic fiber composites, and superior properties of nfcs.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
3.1%
CAGR
3.3%
Incremental Value
$1001 mn
Technavio's natural fiber composites market is segmented as below:
By Type
Wood fiber
Non-wood fiber
By End-user
Building and construction
Automotive
Electrical and electronics
Others
By Geographical Landscape
North America
APAC
Europe
South America
Middle East and Africa
This study identifies the innovation in automotive industry as one of the prime reasons driving the natural fiber composites market growth during the next few years. Also, advances in adhesives and binder industry and emergence of lightweight technology will lead to sizable demand in the market.
The report on the natural fiber composites market covers the following areas:
Natural Fiber Composites Market sizing
Natural Fiber Composites Market forecast
Natural Fiber Composites Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading natural fiber composites market vendors that include A.B.COMPOSITES Pvt. Ltd., Avient Corp., Bcomp Ltd., DuPont de Nemours Inc., FlexForm Technologies, GreenCore Composites Inc., GreenGran BN, JELU WERK J. Ehrler GmbH and Co. KG, Meshlin Composites Zrt., Owens Corning, Polyvlies Franz Beyer GmbH, PROCOTEX BELGIUM SA, TECNARO GmbH, Teijin Ltd., Toray Industries Inc., Trex Co. Inc., TTS Inc., UPM Kymmene Corp., and Weyerhaeuser Co.. Also, the natural fiber composites market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Natural Fiber Composites Market 2018 - 2022
Historic Market Size - Data Table on Global Natural Fiber Composites Market 2018 - 2022 ($ million)