The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
The global Natural Fiber Reinforced Polymer Composite market was valued at 7068.79 Million USD in 2020 and will grow with a CAGR of 9.4% from 2020 to 2027, based on Our Researcher newly published report.
Natural fibers that are mainly from plants, animals and regenerated sources are degradable and environmentally friendly as they absorb carbon dioxide and release oxygen, they are cost effective when compare to the synthetic fibers. These materials mainly from plant are used initially for domestics` purposes. The applications of natural fibers are growing in many sectors such as automobiles, furniture, packing and construction. This is mainly due to their advantages compared to synthetic fibers, i.e. low cost, low weight, less damage to processing equipment, improved surface finish of moulded parts composite, good relative mechanical properties, abundant and renewable resources. Natural fibers are used in various applications such as building materials, particle boards, insulation boards, human food and animal feed, cosmetics, medicine and for other biopolymers and fine chemicals.
The common natural fibers used for Natural Fiber Reinforced Polymer Composites (NFRPC) are, cotton, sisal, coir, jute, hemp, flax, banana, bamboo etc. Natural fibers reinforced composites are emerging very rapidly as the potential substitute to the metal or ceramic based materials in applications that also include automotive, aerospace, marine, sporting goods and electronic industries. Globally, the main manufacturers of Natural Fiber Reinforced Polymer Composite include Trex Company,Inc,The AZEK Company and Fiberon LLC,etc. Among them, Trex Company,Inc has the largest market share of over 10 percent. Asia-Pacific is the largest market, holds a share over 30 percent.
By Market Verdors:
- Trex Company,Inc
- The AZEK Company
- Fiberon LLC
- Avient Corporation (PolyOne)
- Oldcastle Architectural (AERT)
- Anhui Sentai WPC Group
- UPM Biocomposites
- Tecnaro GmbH
- TTS Inc
- FlexForm Technologies
- Procotex Corporation
- Polyvlies Group
- Bcomp Ltd.
- Wood Fibre Reinforced Polymer Composite
- Bast Fibre Reinforced Polymer Composite
- Building & Construction
- Sports and Leisure
Key Indicators Analysed:
- Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
- Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
- Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
- Opportunities and Drivers: Identifying the Growing Demands and New Technology
- Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase:
- To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
- Assess the production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the market and its impact in the global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for the market.
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Table of content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.4.1 North America Market States and Outlook (2022-2027)
1.4.2 East Asia Market States and Outlook (2022-2027)
1.4.3 Europe Market States and Outlook (2022-2027)
1.4.4 South Asia Market States and Outlook (2022-2027)
1.4.5 Southeast Asia Market States and Outlook (2022-2027)
1.4.6 Middle East Market States and Outlook (2022-2027)
1.4.7 Africa Market States and Outlook (2022-2027)
1.4.8 Oceania Market States and Outlook (2022-2027)
1.4.9 South America Market States and Outlook (2022-2027)
1.5 Global Natural Fiber Reinforced Polymer Composite Market Size Analysis from 2022 to 2027
1.5.1 Global Natural Fiber Reinforced Polymer Composite Market Size Analysis from 2022 to 2027 by Consumption Volume
1.5.2 Global Natural Fiber Reinforced Polymer Composite Market Size Analysis from 2022 to 2027 by Value
1.5.3 Global Natural Fiber Reinforced Polymer Composite Price Trends Analysis from 2022 to 2027
1.6 COVID-19 Outbreak: Natural Fiber Reinforced Polymer Composite Industry Impact
Chapter 2 Global Natural Fiber Reinforced Polymer Composite Competition by Types, Applications, and Top Regions and Countries
2.1 Global Natural Fiber Reinforced Polymer Composite (Volume and Value) by Type
2.1.1 Global Natural Fiber Reinforced Polymer Composite Consumption and Market Share by Type (2016-2021)
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