Natural Fiber Composites Market by Type, Manufacturing Process, Application and Region


Posted August 7, 2018 by abhijeetw1

The market size of Natural Fiber Composites (NFCs) is projected to reach USD 6.50 Billion by 2021, at a CAGR of 11.68%, between 2016 and 2021.

 
The NFCs market was worth USD 3.36 Billion, in 2015, and is projected to reach USD 6.50 Billion in 2021 expected to register a CAGR of 11.68%, between 2016 and 2021. Natural fibers have become crucial in technical composite applications due to the demand for recyclable and biodegradable raw materials. In this study, 2014 has been considered as the historical year and 2015 as the base year for estimating market size of NFCs. NFCs market, according to this report, is segmented into type, manufacturing process, application, and region.

Various secondary sources such as company websites, encyclopedias, directories, and databases have been used to understand and gain insights for NFCs market. Experts from top NFCs companies have been interviewed to verify and collect critical information and to assess the trend the NFCs market during the forecast period. The top-down, bottom up and data triangulation approach has been implemented to calculate the exact values of the overall parent and individual market sizes.

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The market of NFCs has a diversified ecosystem of its upstream players such as the raw material suppliers, and the downstream stakeholders such as manufacturers, vendors, end-users, and government organizations. Some of the major raw material suppliers as well as manufacturers are Stemergy (Canada), UPM Biocomposites (Finland), Greencore Composites (Canada), and Flex Form Technologies (U.S.). This study caters focuses on the top investment pockets, which would help the stakeholders to understand and analyze the emerging trends of the NFCs market. These stakeholders include the natural fiber manufacturers such as:

Trex Company Inc.
Advanced Engineering recycling technologies (AERT)
Fiberon LLC (U.S.)
UPM Biocomposites
On the Basis of Type, NFCs market is segmented into:

Wood
Non-wood
On the Basis of Manufacturing Processes, NFCs market is classified as:

Compression molding
Injection molding
Other processes
On the Basis of Application, NFCs market is segmented into:

Building & construction
Automotive
Electronics & electricals
Others
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Issued By marketsandmarkets
Country United States
Categories Architecture
Tags natural fiber composites market , natural fiber composites market research
Last Updated August 7, 2018