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The future of the global natural fiber composites market looks promising with opportunities in automotive, and building and construction applications. The global natural fiber composites market is expected to decline in 2020 due to global economic recession led by COVID-19 However, the market will witness recovery in the year 2021, and it is expected to reach an estimated $0.6 billion by 2026 with a CAGR of 5.2% from 2021 to 2026. The major driver for the growth of this market is the rise in demand for lightweight and environmentally sustainable composite materials in various applications, such as automotive, building & construction, and others.
 
Emerging trends, which have a direct impact on the dynamics of the industry, include government support to innovate and commercial use of bio-based composites, and emergence of new applications.
 
A total of 92 figures / charts and 75 tables are provided in this 160-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the global natural fiber composites market report, please download the report brochure.

 
Natural Fiber Composite Market Trends and Forecast


Natural Fiber Composite Market Drivers and Challenges
 
The study includes trends and forecast for the global natural fiber composites market by application, process, fiber, resin, and region as follows: 
 
By Applicaton [Volume (M lbs) and $M shipment analysis from 2015 to 2026]:
  • Automotive 
  • Building and Construction
  • Others
By Process  [Volume (M lbs) and $M shipment analysis from 2015 to 2026]:
  • Compression Molding
  • Injection Molding
  • Others
By Fiber [Volume (M lbs) and $M shipment analysis from 2015 to 2026]:
  • Hemp
  • Flax
  • Kenaf
  • Jute
  • Others
By Resin [Volume (M lbs) and $M shipment analysis from 2015 to 2026]:
  • Polypropylene (PP) 
  • PE
  • PLA
  • Others
By Region [Volume (M lbs) and $M shipment analysis from 2015 to 2026]:
  • North America
  • Europe
  • Rest of the World 
 
In this market, hemp, flax, kenaf, and jute are the major fibers used for in different applications. Lucintel forecasts that flax natural fiber composites is expected to remain the largest segment due to its environmentally friendly alternative of synthetic fibers in fiber reinforced polymer composites. Hemp natural fiber composites segment is expected to witness the highest growth in the forecast period.
 
Within the global natural fiber composites market, automotive segment will remain the largest application by value and value due to increasing concern for passenger safety, government mandates for better fuel economy, and end-of-life vehicles directive. Automotive is expected to witness highest growth over the forecast period. 
 
Europe is expected to remain the largest market for natural fiber composites because of growth in applications. Europe is also expected to witness the highest growth over the forecast period because of due to higher acceptance level of environmentally sustainable composite materials by automotive OEMs, government directives.
 
Some of the global natural fiber composites manufacturers profiled in this report include Procotex, FlexForm, FiberGran, GreenGran, and Tecnaro. 
 
 
Features of the Global Natural Fiber Composites Market
 
  • Market Size Estimates: Global natural fiber composites market size estimation in terms of value ($M) shipment and volume (M lbs)
  • Trend and Forecast Analysis: Global natural fiber composites market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
  • Segmentation Analysis: Global natural fiber composites market size by various segments, such as application, process, fiber, and resin in terms of value and volume shipment.
  • Regional Analysis: Global natural fiber composites market breakdown by North America, Europe, and Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different as application, process, fiber, resin, and regions for the global natural fiber composites market.
  • Strategic Analysis: This includes M&A, capacity expansion, and competitive landscape for the global natural fiber composites market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
 
This report answers following 11 key questions
 
Q.1 What are some of the most promising potential, high-growth opportunities for the global natural fiber composites market as application (automotive, building and construction, and others), fiber (hemp, flax, kenaf, jute, and others), resin (polypropylene, polyethylene, polylactic acid, and others), process (compression molding, injection molding, and others), and region (North America, Europe, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global natural fiber composites market?
Q.5 What are the business risks and threats to the global natural fiber composites market?
Q.6 What are emerging trends in this global natural fiber composites market and the reasons behind them?
Q.7 What are some changing demands of customers in the global natural fiber composites market?
Q.8 What are the new developments in the global natural fiber composites market? Which companies are leading these developments?
Q.9 Who are the major players in the global natural fiber composites market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the global natural fiber composites market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global natural fiber composites market?


Report Scope
 
Key Features Description
Base Year for Estimation 2020
Trend Period
(Actual Estimates)
2015-2020
Forecast Period 2021-2026
Pages 160
Market Representation / Units Revenue in US $ Million and Number of Units
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling
Market Segments Application (Automotive, Building and Construction, and Others), Fiber Type (Hemp, Flax, Kenaf, Jute, and Others), Resin Type (Polypropylene, Polyethylene, Polylactic Acid, and Others), Process (Compression Molding, Injection Molding, and Others)
Regional Scope North America, Europe, and ROW
Customization 10% Customization Without any Additional Cost
 

Table of Contents
 
 
1. Executive Summary
 
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2015 to 2026
3.1: Macroeconomic Trends and Forecast
3.1.1: Macroeconomic Trends
3.1.2: Macroeconomic Forecast
3.2: Global Natural Fiber Composites Market Trends and Forecast
3.3: Global Natural Fiber Composites Market by Application
3.3.1: Automotive
3.3.2: Building and Construction
3.3.3: Others
3.4: Global Natural Fiber Composites Market by Process95
3.4.1: Compression Molding
3.4.2: Injection Molding
3.4.3: Others
3.5: Global Natural Fiber Composites Market by Fiber
3.5.1: Hemp
3.5.2: Flax
3.5.3: Kenaf
3.5.4: Jute
3.5.5: Others
3.6: Global Natural Fiber Composites Market by Resin
3.6.1:Polypropylene
3.6.2: PE
3.6.3: PLA
3.6.4: Others
 
4. Market Trends and Forecast Analysis by Region
4.1: Global Natural Fiber Composites Market by Region
4.2: North American Natural Fiber Composites Market
4.2.1: Market by Application: Automotive, Building and Construction, and Others
4.3: European Natural Fiber Composites Market
4.3.1: Market by Application: Automotive, Building and Construction, and Others
4.4: ROW Natural Fiber Composites Market
4.4.1: Market by Application: Automotive, Building and Construction, and Others
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Geographical Reach
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunity and Strategic Analysis
6.1: Growth Opportunities Analysis
6.1.1: Growth Opportunities for Global Natural Fiber Composites Market by Application
6.1.2: Growth Opportunities for Global Natural Fiber Composites Market by Process
6.1.3: Growth Opportunities for Global Natural Fiber Composites Market by Fiber Type
6.1.4:Growth Opportunities for Global Natural Fiber Composites Market by Resin Type
6.1.5: Growth Opportunities for the Global Natural Fiber Composites Market by Region
6.1.6: Innovations in Global Natural Fiber Composites Market
6.2: Emerging Trends in the Global Natural Fiber Composites Market
6.3: Strategic Analysis
6.3.1: Capacity Expansion of the Global Natural Fiber Composites Market
6.3.2: Mergers, Acquisitions, and Joint Ventures in the Global Natural Fiber Composites Market
 
7. Company Profiles of Leading Players
7.1: Procotex Corporation S.A. 
7.2: FlexForm Technologies
7.3: FIBERGRAN GMBH & CO. KG
7.4: GreenGran B.V
7.5: Tecnaro GMBH 
 
.

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[Chapter Number] [Chapter Name] [Chapter Number Of Pages] [Chapter Price]
Title/Chapter Name Pages Price
Full Report: Natural Fiber Composites Market: Market Size, Trends and Growth Analysis Full Report $ 4,850
92 figures/charts and 75 tables are provided in this roughly 160-page report.
Chapter - 1: Executive Summary 6 $ 435
1. Executive Summary
Chapter - 2: Industry Background and Classification 21 $ 218
2. Industry Background and Classification 
2.1 Introduction
2.1.1 Market Served 
2.2 Supply Chain of Natural Fiber Composites Market
Chapter - 3: Market Trend and Forecast Analysis 68 $ 3,698
3. Market Trend and Forecast Analysis
3.1 Market Analysis 2014
3.1.1 Global Natural Fiber Composites Market by Value and Volume
3.2 Market Trend 2009-2014
3.2.1 Macroeconomic Trends
3.2.2 Global Natural Fiber Composites Market Trend by Value and Volume
3.2.3 Industry Drivers and Challenges
3.3 Market Forecast 2015–2020
3.3.1 Macroeconomic Forecast
3.3.2 Global Natural Fiber Composites Market by Value and Volume

Chapter - 4: Competitor Analysis 8 $ 943
4. Competitor Analysis
4.1 Product Portfolio Analysis
4.2 Geographical Reach
4.3 Porter’s Five Forces Analysis
Chapter - 5: Growth Opportunity and Strategic Analysis 30 $ 1,088
5. Growth Opportunity & Strategic Analysis
5.1 Growth Opportunity Analysis
5.1.1 Growth Opportunities for Natural Fiber Composites Market by End Use Application
5.1.2 Growth Opportunities for Global Natural Fiber Composites Market by Region
5.1.3 Innovations in Global Natural Fiber Composites Market
5.2 Emerging Trends in Global Natural Fiber Composites Market
5.3 Strategic Analysis 5.3.1 New Product Development
5.3.2 Expansion Strategy
5.3.3 Product-Market Growth Matrix for Global Natural Fiber Composites Market
5.4 Mergers and Acquisitions in Global NFC Industry  

Chapter - 6: Company Profiles of Leading Players 5 $ 870
6. Company Profiles of Leading Players
Chapter - 7: Competitor Analysis 10 $ 758
7. Customer Analysis
7.1 Customers in Different Segments
7.2 Customer’s Geographic Reach
7.3 Major Customer Profiles

Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served 1,000+ clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive search of published works, market and database information with industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges and forecasts in the market. Below is a brief summary of primary interviews conducted by both job function and region.


Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis on it. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of the Lucintel research process.

 

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