MRRS adds "Natural Fiber Composites Market by Type (Wood Fiber and Non-Wood Fiber), Manufacturing Process (Compression Molding, Injection Molding, and Others), Application (Building & Construction, Automotive, and Electrical & Electronics), and Region – Global Forecasts to 2021" latest studies, published in January 2017. It is a professional and in-depth study.

“Increasing demand for lightweight and environmentally friendly materials to drive the NFCs market”
The Natural Fiber Composites (NFCs) market is projected to reach USD 6.50 billion by 2021, expected to register a CAGR of 11.68% between 2016 and 2021. The major drivers stimulating the growth of the NFCs market are increasing use of natural fiber composites in construction and automotive industries due to their high stiffness-to-weight ratio, lightweight and recyclability.

“Automotive is the most lucrative application in the NFCs market.”
The key drivers of NFCs in automotive industry are lightweight, higher fuel efficiency, lower energy consumption, excellent safety & acoustic features with recyclability and government regulations. In order to comply with regulatory norms, automotive manufacturers such as Toyota Motor Corp. (Japan), Ford Motor Company (U.S.), Mercedes-Benz (Germany) have started using NFCs to manufacture automotive components such as seatbacks, parcel shelves, boot linens, among other parts. Thus, automotive application would be the most profitable investment pocket for stakeholders.

“Asia-Pacific is the fastest-growing market of NFCs.”
Asia-Pacific is expected to be the fastest-growing market for NFCs in the next five years. The development in infrastructure facilities, investment made by NFCs manufacturers, and capacity expansions by various leading players are a few factors leading to the growth of the market of NFCs in this region. China leads the market of NFCs in Asia-Pacific. Its consumption of natural fiber composites has grown remarkably due to growth in the construction and electrical & electronics industries.

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into following three categories:
• By company type- Tier 1- 50%, Tier 2- 37%, and Tier 3- 13%
• By designation- C Level- 46%, Director Level- 33%, and Others- 21%
• By region- North America- 34%, Europe- 31%, Asia-Pacific- 23%, and RoW (12%)

The report provides comprehensive analysis of company profiles which include:
• UPM Biocomposites (Finland)
• Weyerhaeuser (U.S.)
• Procotex Corporation NV SA (Belgium)
• Trex Company, Inc. (U.S.)
• Advanced Environmental Recycling Technologies, Inc. (AERT) (U.S.)
• Fiberon LLC (U.S.)
• Polyvlvlies Franz Beyer GMBH & CO. KG (Germany)
• Tecnaro GMBH (Germany)
• FlexForm Technologies (U.S.)
• Meshlin Composites Zrt. (Germany)
• Greencore Composites, Inc. (Canada)
• Greengran B.V. (The Netherlands)
• Jelu-Werk Josef Ehrler GMBH & CO. KG (Germany)
• Polymera, Inc. (U.S.)
• Stemergy (U.S.)
• TTS BIOCOMPOSITE (U.S.)

Table Of Contents
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 23
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 30
4.1 NATURAL FIBER COMPOSITES MARKET SIZE (VALUE), BY 2021 30
4.2 NATURAL FIBER COMPOSITES MARKET, BY APPLICATION 31
4.3 NATURAL FIBER COMPOSITES MARKET, BY KEY APPLICATION 32
4.4 U.S. AND CHINA COMMAND MAJOR SHARE OF THE NATURAL FIBER COMPOSITES MARKET 33
4.5 LIFE CYCLE ANALYSIS, BY REGION 34
...

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