The natural fibre component may be wood, sisal, hemp, coconut, cotton, kenaf, flax, jute, abaca, banana leaf fibres, bamboo, wheat straw or other fibrous material, and the matrix can be a polymeric material. Natural fibre composites could be 100% biodegradable. Biological and environmental durability is often cited as a key advantage of natural fibre composites over traditional materials.
This report contains market size and forecasts of Natural Fiber Composite Material in global, including the following market information:
Global Natural Fiber Composite Material Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Natural Fiber Composite Material Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Natural Fiber Composite Material companies in 2021 (%)
The global Natural Fiber Composite Material market was valued at 6537.9 million in 2021 and is projected to reach US$ 11660 million by 2028, at a CAGR of 8.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Carbon Fiber Composite Material Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Natural Fiber Composite Material include TenCate, Cytec, Bond Laminates, Polystrand/Polyone, AXIA Materials, QIYI Technology, Celanese, Toho Tenax and Covestro. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Natural Fiber Composite Material manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Natural Fiber Composite Material Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Natural Fiber Composite Material Market Segment Percentages, by Type, 2021 (%)
Carbon Fiber Composite Material
Glass Fiber Composites Material
Other
Global Natural Fiber Composite Material Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Natural Fiber Composite Material Market Segment Percentages, by Application, 2021 (%)
Transportation
Aerospace & Defense
Others
Global Natural Fiber Composite Material Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Natural Fiber Composite Material Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Natural Fiber Composite Material revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Natural Fiber Composite Material revenues share in global market, 2021 (%)
Key companies Natural Fiber Composite Material sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Natural Fiber Composite Material sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
TenCate
Cytec
Bond Laminates
Polystrand/Polyone
AXIA Materials
QIYI Technology
Celanese
Toho Tenax
Covestro