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Natural Fiber Composites - Global Market Trajectory & Analytics

  • ID: 4805299
  • Report
  • February 2022
  • Region: Global
  • 414 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Aqvacomp Oy
  • Bcomp Ltd.
  • Fiberon, Inc.
  • GreenGran B.V.
  • Plasthill Oy
  • PolyOne Corporation

Global Natural Fiber Composites Market to Reach $10.2 Billion by 2027


Amid the COVID-19 crisis, the global market for Natural Fiber Composites estimated at US$5.2 Billion in the year 2020, is projected to reach a revised size of US$10.2 Billion by 2027, growing at aCAGR of 10.2% over the period 2020-2027. Wood Fiber, one of the segments analyzed in the report, is projected to record 10.9% CAGR and reach US$6.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Wood Fiber segment is readjusted to a revised 9.1% CAGR for the next 7-year period.



The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 13.7% CAGR


The Natural Fiber Composites market in the U.S. is estimated at US$1.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 13.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.4% and 9.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR.

Select Competitors (Total 22 Featured) -

  • Aqvacomp Oy
  • Bcomp Ltd.
  • Fiberon, Inc.
  • GreenGran B.V.
  • JELU-WERK Josef Ehrler GmbH & Co. KG
  • Plasthill Oy
  • PolyOne Corporation
  • Polyvlies Franz Beyer GmbH & Co. Kg
  • Procotex Corp SA
  • TECNARO GmbH
  • Tekle Technical Services, Inc.
  • Trex Company, Inc.
  • UPM Biocomposites.
Frequently Asked Questions about the Global Market for Natural Fiber Composites

What is the estimated value of the Global Market for Natural Fiber Composites?

The Global Market for Natural Fiber Composites was estimated to be valued at $5.2 Billion in 2020.

What is the growth rate of the Global Market for Natural Fiber Composites?

The growth rate of the Global Market for Natural Fiber Composites is 10.1%, with an estimated value of $10.2 Billion by 2027.

What is the forecasted size of the Global Market for Natural Fiber Composites?

The Global Market for Natural Fiber Composites is estimated to be worth $10.2 Billion by 2027.

Who are the key companies in the Global Market for Natural Fiber Composites?

Key companies in the Global Market for Natural Fiber Composites include Aqvacomp Oy, Bcomp Ltd., Fiberon, Inc., GreenGran B.V., JELU, WERK Josef Ehrler GmbH & Co. KG, Plasthill Oy, PolyOne Corporation and Procotex Corp SA.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aqvacomp Oy
  • Bcomp Ltd.
  • Fiberon, Inc.
  • GreenGran B.V.
  • Plasthill Oy
  • PolyOne Corporation

I. METHODOLOGY


II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • An Introduction to Natural Fiber Composites (NFCs)
  • Key Technical Features of Select Natural Fibers
  • Chemical Composition by Fiber Type
  • Natural Fiber Composites: Current Market Scenario and Outlook
  • While Developed Regions Remain Primary Revenue Contributors, Developing Regions Exhibit Fast Paced Growth
  • World Natural Fiber Composites (NFCs) Market by Region: Percentage Breakdown of Value Sales for Developed and Developing Regions for the Years 2019 and 2025
  • Global NFC Market - Geographic Regions Ranked by CAGR (Value) for 2018-2025: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Europe, and Japan
  • Global GDP Growth and Natural Fiber Composites Market Dynamics
  • Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2017 through 2020
  • Natural Fiber Composites – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Wood fiber Composites Drive Overall Momentum in NFCs Market
  • Share of Wood Fibers in the World Natural Fiber Composites Market (in %) for the Years 2019 and 2025
  • Non-Wood Fibers Gain Traction
  • Building & Construction: Dominant End-Use Sector for NFCs
  • Global Construction Market by Region (2017 & 2020): Percentage Breakdown of Construction Spending for Asia, Western Europe, North America, Latin America, Eastern Europe, Africa, and Middle East
  • Upward Movement in Construction Activity in Asian Countries to Drive Strong Market Gains
  • Major Construction Markets Worldwide (2005, 2010, 2015, 2020, 2025, and 2030): Market Size ($ Billion) for China, India, Indonesia, Japan, USA, and Western Europe
  • Projected Growth in the Asian Construction Market by Region and Sector (2016-2024)
  • High Growth Opportunities Identified in Automotive Sector
  • Global Passenger Cars Production (In Million Units) by Geographic Region/Country for the Years 2017, 2019, 2022
  • Aerospace Emerges as Niche Application Domain
  • Global Fleet of Commercial Aircraft (2017 & 2036) by Region (in Units)
  • Compression Molding Technology Augments NFC Production Landscape
  • Resin-Transfer Molding Process Remains a Major Production Technology Type
  • Growing Relevancy of Eco-Friendly Composite Materials Gives Edge to Natural Fibers
  • Sustained Focus on Enhancing the Properties of Natural Fibers Augments Market Prospects
  • Increased Reliance on Synthetic Fibers Amid Scarcity and Volatility of Natural Fibers: The Key Issue

4. GLOBAL MARKET PERSPECTIVE


III. MARKET ANALYSIS

UNITED STATES

  • Natural Fiber Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)

CANADA

JAPAN

  • Natural Fiber Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)

CHINA

  • Natural Fiber Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)

EUROPE

  • Natural Fiber Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)

FRANCE

  • Natural Fiber Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)

GERMANY

  • Natural Fiber Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)

ITALY

UNITED KINGDOM

  • Natural Fiber Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)

SPAIN


RUSSIA


REST OF EUROPE

ASIA-PACIFIC

  • Natural Fiber Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)

AUSTRALIA

  • Natural Fiber Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)

INDIA

  • Natural Fiber Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)

SOUTH KOREA


REST OF ASIA-PACIFIC

LATIN AMERICA

  • Natural Fiber Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)

ARGENTINA


BRAZIL


MEXICO


REST OF LATIN AMERICA

MIDDLE EAST

  • Natural Fiber Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)

IRAN


ISRAEL


SAUDI ARABIA


UNITED ARAB EMIRATES


REST OF MIDDLE EAST

AFRICA

  • Natural Fiber Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)

IV. COMPETITION

  • Total Companies Profiled: 22
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Aqvacomp Oy
  • Bcomp Ltd.
  • Fiberon, Inc.
  • GreenGran B.V.
  • JELU-WERK Josef Ehrler GmbH & Co. KG
  • Plasthill Oy
  • PolyOne Corporation
  • Polyvlies Franz Beyer GmbH & Co. Kg
  • Procotex Corp SA
  • TECNARO GmbH
  • Tekle Technical Services, Inc.
  • Trex Company, Inc.
  • UPM Biocomposites.
Note: Product cover images may vary from those shown