Global Natural Fiber Reinforced Polymer Composite Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Natural Fiber Reinforced Polymer Composite Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Natural Fiber Reinforced Polymer Composite market size was valued at US$ 9081 million in 2023 and is forecast to a readjusted size of USD 16480 million by 2030 with a CAGR of 9.0% during review period.

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.

This report is a detailed and comprehensive analysis for global Natural Fiber Reinforced Polymer Composite market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Natural Fiber Reinforced Polymer Composite market size and forecasts, in consumption value ($ Million), sales quantity (K Ton), and average selling prices (USD/MT), 2019-2030

Global Natural Fiber Reinforced Polymer Composite market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Ton), and average selling prices (USD/MT), 2019-2030

Global Natural Fiber Reinforced Polymer Composite market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Ton), and average selling prices (USD/MT), 2019-2030

Global Natural Fiber Reinforced Polymer Composite market shares of main players, shipments in revenue ($ Million), sales quantity (K Ton), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Natural Fiber Reinforced Polymer Composite

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Natural Fiber Reinforced Polymer Composite market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 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, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Natural Fiber Reinforced Polymer Composite market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Wood Fibre Reinforced Polymer Composite
Bast Fibre Reinforced Polymer Composite
Others

Market segment by Application
Automotive
Building & Construction
Sports and Leisure
Others

Major players covered
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.

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Natural Fiber Reinforced Polymer Composite product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Natural Fiber Reinforced Polymer Composite, with price, sales quantity, revenue, and global market share of Natural Fiber Reinforced Polymer Composite from 2019 to 2024.

Chapter 3, the Natural Fiber Reinforced Polymer Composite competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Natural Fiber Reinforced Polymer Composite breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Natural Fiber Reinforced Polymer Composite market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Natural Fiber Reinforced Polymer Composite.

Chapter 14 and 15, to describe Natural Fiber Reinforced Polymer Composite sales channel, distributors, customers, research findings and conclusion.