Global Natural Fiber Composites Market Size, Share, Trends, Industry Growth by Type (Wood, Non-Wood), by Manufacturing Process (Compression Molding, Injection Molding, Others), by Application, by Region, and Forecast to 2027

Price: 3600/- USD | Published Date: December 12, 2021 |

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.

Market Segment Insights:

The global natural fiber composites market is bifurcated into type, manufacturing process, application, and geography. On the basis of type, the market is further segmented into the wood and non-wood fiber. The wood fiber segment dominated the global market in 2020 and is estimated to hold the largest revenue share of around two-third of the market share by the end of the analysis period. The strong demand for the product in the building and construction industry due to its high strength and tenacity are some of the key factors driving the segment growth. Furthermore, the widespread use of the product in railing, decking, fencing, and internal furniture is expected to fuel the segment growth over the forecast period.

On the basis of application, the market is bifurcated into building & construction, automotive, electrical & electronics, and others. The building & construction segment dominated the global natural fiber composites market in 2020 and is estimated to grow at the same trends over the forecast period. The rising demand for eco-friendly materials in building & construction industry is one of the key factor to drive the segment growth. On the flip side, the automotive segment is expected to grow at a fast growth rate due to the increasing demand for lightweight products. Furthermore, the increasing demand for electric vehicles is further anticipated to increase the demand for natural fiber composites in the automotive industry.

Natural Fiber Composites Market Size & Share

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The natural fiber composites comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The natural fiber composites market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Natural Fiber Composites Market Segmentation:

By Type:

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

Natural Fiber Composites Market: Geographic Coverage

Geographically, North America dominated the global natural fiber composites market in 2020 and is estimated to hold the largest revenue share of over one-third percent of the market. The increasing demand for lightweight, high-performance and eco-friendly materials in the construction industry is one of the prominent factor to drive the market growth in the region. Furthermore, the growing automotive industry coupled with the rising demand for electric vehicles are further anticipated to fuel the market growth in North America. On the flip side, the Asia Pacific is anticipated to grow at the fastest growth rate due to the increasing construction activities and the rising demand in the automotive industry.

Natural Fiber Composites Market: Competitive Assessment

Some of the major market players operating in the global natural fiber composites market are Trex Company Inc., Fiberon Technologies Inc., FlexForm Technologies, UPM Biocomposites, and Azek Building Products. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

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

  • Global natural fiber composites market forecasts from 2021-2027
  • Regional natural fiber composites market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the regions as mentioned above
  • Natural fiber composites submarket forecasts from 2021-2027 cover the market by type, by manufacturing process, by application, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about natural fiber composites market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level natural fiber composites markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the natural fiber composites market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Natural Fiber Composites Market Portraiture
2.2. Global Natural Fiber Composites Market, by Type, 2020 (USD Mn)
2.3. Global Natural Fiber Composites Market, by Manufacturing Process, 2020 (USD Mn)
2.4. Global Natural Fiber Composites Market, by Application, 2020 (USD Mn)
2.5. Global Natural Fiber Composites Market, by Geography, 2020 (USD Mn)

 

3. Global Natural Fiber Composites Market Analysis


3.1. Natural Fiber Composites Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Natural Fiber Composites Market By Type, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Market Estimation by Chemotherapy Container, 2018 – 2027(USD Mn)
4.3. Market Estimation by Biohazardous Medical Waste Container, 2018 – 2027(USD Mn)
4.4. Market Estimation by Resource Convervation and Recovery Act Container, 2018 – 2027(USD Mn)
4.5. Others

 

5. Global Natural Fiber Composites Market By Manufacturing Process, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Market Estimation by General Medical Waste, 2018 – 2027(USD Mn)
5.3. Market Estimation by Infectious Medical Waste, 2018 – 2027(USD Mn)
5.4. Market Estimation by Hazardous Medical Waste, 2018 – 2027(USD Mn)
5.5. Others

 

6. Global Natural Fiber Composites Market By Application, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. Market Estimation by Hospitals and Private Clinics, 2018 – 2027(USD Mn)
6.3. Market Estimation by Diagnostics Labs, 2018 – 2027(USD Mn)
6.4. Market Estimation by Research Institute, 2018 – 2027(USD Mn)
6.5. Others

 

7. North America Natural Fiber Composites Market Analysis and Forecast, 2018 – 2027 (USD Mn)


7.1.1. Overview
7.1.2. North America Natural Fiber Composites Market by Type (2018-2027 USD Mn)
7.1.3. North America Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
7.1.4. North America Natural Fiber Composites Market by Application (2018-2027 USD Mn)
7.1.5. North America Natural Fiber Composites Market by Country (2018-2027 USD Mn)
7.1.5.1. U.S.
7.1.5.1.1. U.S. Natural Fiber Composites Market by Type (2018-2027 USD Mn)
7.1.5.1.2. U.S. Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
7.1.5.1.3. U.S. Natural Fiber Composites Market by Application (2018-2027 USD Mn)
7.1.5.2. Canada
7.1.5.2.1. Canada Natural Fiber Composites Market by Type (2018-2027 USD Mn)
7.1.5.2.2. Canada Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
7.1.5.2.3. Canada Natural Fiber Composites Market by Application (2018-2027 USD Mn)

 

8. Europe Natural Fiber Composites Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. Europe Natural Fiber Composites Market by Type (2018-2027 USD Mn)
8.1.3. Europe Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
8.1.4. Europe Natural Fiber Composites Market by Application (2018-2027 USD Mn)
8.1.5. Europe Natural Fiber Composites Market by Country (2018-2027 USD Mn)
8.1.5.1. Germany
8.1.5.1.1. Germany Natural Fiber Composites Market by Type (2018-2027 USD Mn)
8.1.5.1.2. Germany Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
8.1.5.1.3. Germany Natural Fiber Composites Market by Application (2018-2027 USD Mn)
8.1.5.2. U.K.
8.1.5.2.1. U.K. Natural Fiber Composites Market by Type (2018-2027 USD Mn)
8.1.5.2.2. U.K. Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
8.1.5.2.3. U.K. Natural Fiber Composites Market by Application (2018-2027 USD Mn)
8.1.5.3. France
8.1.5.3.1. France Natural Fiber Composites Market by Type (2018-2027 USD Mn)
8.1.5.3.2. France Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
8.1.5.3.3. France Natural Fiber Composites Market by Application (2018-2027 USD Mn)
8.1.5.4. Italy
8.1.5.4.1. Italy Natural Fiber Composites Market by Type (2018-2027 USD Mn)
8.1.5.4.2. Italy Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
8.1.5.4.3. Italy Natural Fiber Composites Market by Application (2018-2027 USD Mn)
8.1.5.5. Rest of Europe
8.1.5.5.1. Rest of Europe Natural Fiber Composites Market by Type (2018-2027 USD Mn)
8.1.5.5.2. Rest of Europe Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
8.1.5.5.3. Rest of Europe Natural Fiber Composites Market by Application (2018-2027 USD Mn)

 

9. Asia Pacific Natural Fiber Composites Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Asia Pacific Natural Fiber Composites Market by Type (2018-2027 USD Mn)
9.1.3. Asia Pacific Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
9.1.4. Asia Pacific Natural Fiber Composites Market by Application (2018-2027 USD Mn)
9.1.5. Asia Pacific Natural Fiber Composites Market by Country (2018-2027 USD Mn)
9.1.5.1. China
9.1.5.1.1. China Natural Fiber Composites Market by Type (2018-2027 USD Mn)
9.1.5.1.2. China Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
9.1.5.1.3. China Natural Fiber Composites Market by Application (2018-2027 USD Mn)
9.1.5.2. Japan
9.1.5.2.1. Japan Natural Fiber Composites Market by Type (2018-2027 USD Mn)
9.1.5.2.2. Japan Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
9.1.5.2.3. Japan Natural Fiber Composites Market by Application (2018-2027 USD Mn)
9.1.5.3. Rest of Asia Pacific
9.1.5.3.1. Rest of Asia Pacific Natural Fiber Composites Market by Type (2018-2027 USD Mn)
9.1.5.3.2. Rest of Asia Pacific Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
9.1.5.3.3. Rest of Asia Pacific Natural Fiber Composites Market by Application (2018-2027 USD Mn)

 

10. Latin America (LATAM) Natural Fiber Composites Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. Latin America Natural Fiber Composites Market by Type (2018-2027 USD Mn)
10.1.3. Latin America Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
10.1.4. Latin America Natural Fiber Composites Market by Application (2018-2027 USD Mn)
10.1.5. Latin America Natural Fiber Composites Market by Country (2018-2027 USD Mn)
10.1.5.1. Brazil
10.1.5.1.1. Brazil Natural Fiber Composites Market by Type (2018-2027 USD Mn)
10.1.5.1.2. Brazil Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
10.1.5.1.3. Brazil Natural Fiber Composites Market by Application (2018-2027 USD Mn)
10.1.5.2. Mexico
10.1.5.2.1. Mexico Natural Fiber Composites Market by Type (2018-2027 USD Mn)
10.1.5.2.2. Mexico Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
10.1.5.2.3. Mexico Natural Fiber Composites Market by Application (2018-2027 USD Mn)
10.1.5.3. Rest of Latin America
10.1.5.3.1. Rest of Latin America Natural Fiber Composites Market by Type (2018-2027 USD Mn)
10.1.5.3.2. Rest of Latin America Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
10.1.5.3.3. Rest of Latin America Natural Fiber Composites Market by Application (2018-2027 USD Mn)

 

11. Middle East and Africa Natural Fiber Composites Market Analysis and Forecast, 2018 – 2027 (USD Mn)


11.1.1. Overview
11.1.2. MEA Natural Fiber Composites Market by Type (2018-2027 USD Mn)
11.1.3. MEA Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
11.1.4. MEA Natural Fiber Composites Market by Application (2018-2027 USD Mn)
11.1.5. Middle East and Africa Natural Fiber Composites Market, by Country (2018-2027 USD Mn)
11.1.5.1. GCC
11.1.5.1.1. GCC Natural Fiber Composites Market by Type (2018-2027 USD Mn)
11.1.5.1.2. GCC Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
11.1.5.1.3. GCC Natural Fiber Composites Market by Application (2018-2027 USD Mn)
11.1.5.2. South Africa
11.1.5.2.1. South Africa Natural Fiber Composites Market by Type (2018-2027 USD Mn)
11.1.5.2.2. South Africa Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
11.1.5.2.3. South Africa Natural Fiber Composites Market by Application (2018-2027 USD Mn)
11.1.5.3. Rest of MEA
11.1.5.3.1. Rest of MEA Natural Fiber Composites Market by Type (2018-2027 USD Mn)
11.1.5.3.2. Rest of MEA Natural Fiber Composites Market by Manufacturing Process (2018-2027 USD Mn)
11.1.5.3.3. Rest of MEA Natural Fiber Composites Market by Application (2018-2027 USD Mn)

 

12. Company Profiles


12.1. Trex Company Inc.
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. Fiberon Technologies Inc.
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. FlexForm Technologies
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. UPM Biocomposites
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. Azek Building Products
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. Amorim Cork Composites SA
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. GreenGran BN
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. Meshlin Composites Zrt
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. Procotex Corp SA
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. TECNARO GMBH
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
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