Product Code: CMI5072
The global natural fiber reinforced composites market was valued at US$ 2,995.3 Mn in 2022 and is forecast to reach a value of US$ 4,476.2 Mn by 2030 at a CAGR of 5.1% between 2023 and 2030.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 2,995.3 Mn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
5.10% |
2030 Value Projection: |
US$ 4,476.2 Mn |
The properties of natural fiber reinforced composites can be varied, as these materials are derived from both plant and animal sources. The mechanical properties of natural fibers depend on the matrix, fillers, fiber content, fabrication processes, and many other variables. The main benefits of natural fibers include their low density and high specific strength properties. This means that it can be used in a variety of applications, including construction and manufacturing. These composites can also be made from agricultural waste.
Market Dynamics:
Increasing demand from the automotive and construction industries due to its lightweight, excellent specific mechanical properties, low cost, and low density properties is driving growth of the Global Natural Fiber Reinforced Composites Market. On the other hand, low impact resistance properties as compared to glass-reinforced composites and fluctuating prices of raw materials are expected to hinder market growth.
Nevertheless, increasing research and development activities and growing applications in the electronic industry are expected to bring bright opportunities for market players.
Key features of the study:
- This report provides in-depth analysis of the global natural fiber reinforced composites market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global natural fiber reinforced composites market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Amorim Cork Composites SA, Fiberon, Flexform Technologies, Green Dot Bioplastics Inc., GreenGran BN, International Paper, JELU-WERK J. Ehrler GmbH & Co. KG, Meshlin Composites Zrt, NPSP BV, Oldcastle APG, Polyvlies Franz Beyer GmbH, TECNARO GmbH, The AZEK Company Inc., Trex Company Inc., TTS, and UPM
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global natural fiber reinforced composites market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global natural fiber reinforced composites market
Detailed Segmentation:
- Global Natural Fiber Reinforced Composites Market, By Fiber Type
- Wood Fiber Composites
- Non-wood Fiber Composites
- Global Natural Fiber Reinforced Composites Market, By Polymer
- Thermosets
- Thermoplastics
- Global Natural Fiber Reinforced Composites Market, By End User Industry
- Aerospace
- Automotive
- Building and Construction
- Electrical and Electronics
- Sports
- Other End user Industries
- Global Natural Fiber Reinforced Composites Market, By Region
- Asia Pacific
- North America
- Europe
- South America
- Middle East & Africa
- Company Profiles
- Amorim Cork Composites SA
- Fiberon
- Flexform Technologies
- Green Dot Bio plastics Inc.
- GreenGran BN
- International Paper
- JELU-WERK J. Ehrler GmbH & Co. KG
- Meshlin Composites Zrt
- NPSP BV
- Oldcastle APG
- Polyvlies Franz Beyer GmbH
- TECNARO GmbH
- The AZEK Company Inc.
- Trex Company Inc.
- TTS
- UPM
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Fiber Type
- Market Snippet, By Polymer
- Market Snippet, By End user Industry
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Supply Side Drivers
- Demand Side Drivers
- Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- PEST Analysis
- PORTER's Analysis
- New Product Approvals/Launches
- Promotion and Marketing Initiatives
4. Global Natural Fiber Reinforced Composites Market-- Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting Global Natural Fiber Reinforced Composites Market - COVID-19
- Impact Analysis
5. Global Natural Fiber Reinforced Composites Market, By Fiber Type, 2023 - 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
- Wood Fiber Composites
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
- Non-wood Fiber Composites
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
6. Global Natural Fiber Reinforced Composites Market, By Polymer, 2023 - 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
- Thermosets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
- Thermoplastics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
7. Global Natural Fiber Reinforced Composites Market, By End user Industry, 2023 - 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
- Aerospace
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
- Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
- Building and Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
- Electrical and Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
- Sports
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
- Other End user Industries
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Million)
8. Global Natural Fiber Reinforced Composites Market, By Region, 2023 - 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- North America
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 - 2030
- Market Size and Forecast, By Fiber Type, 2023- 2030, (US$ Mn)
- Market Size and Forecast, By Polymer 2023- 2030, (US$ Mn)
- Market Size and Forecast, By End -User Industry, 2023- 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023- 2030 (US$ Mn)
- Countries
- U.S.
- Canada
- Latin America
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 - 2030
- Market Size and Forecast, By Fiber Type, 2023- 2030, (US$ Mn)
- Market Size and Forecast, By Polymer 2023- 2030, (US$ Mn)
- Market Size and Forecast, By End -User Industry, 2023- 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023- 2030 (US$ Mn)
- Countries
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 - 2030
- Market Size and Forecast, By Fiber Type, 2023- 2030, (US$ Mn)
- Market Size and Forecast, By Polymer 2023- 2030, (US$ Mn)
- Market Size and Forecast, By End -User Industry, 2023- 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023- 2030 (US$ Mn)
- Countries
- U.K.
- Germany
- Italy
- Spain
- Russia
- France
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 - 2030
- Market Size and Forecast, By Fiber Type, 2023- 2030, (US$ Mn)
- Market Size and Forecast, By Polymer 2023- 2030, (US$ Mn)
- Market Size and Forecast, By End -User Industry, 2023- 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023- 2030 (US$ Mn)
- Countries
- China
- India
- Japan
- South Korea
- ASEAN
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 - 2030
- Market Size and Forecast, By Fiber Type, 2023- 2030, (US$ Mn)
- Market Size and Forecast, By Polymer 2023- 2030, (US$ Mn)
- Market Size and Forecast, By End -User Industry, 2023- 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023- 2030 (US$ Mn)
- Countries
- Middle East
- Africa
9. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Amorim Cork Composites SA
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Green Dot Bioplastics Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- JELU-WERK J. Ehrler GmbH & Co. KG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
10. Section
- References
- Research Methodology
- About us and Sales Contact