The Natural Fiber Reinforcement Materials market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Natural fibers are prepared from plant, animal or mineral sources and can be spun into threads, filament, or rope, owing to their biological origin, natural fibers are less harmful for the environment, fire-resistant, biodegradable, and thus, are advantageous over synthetic fiber.
The key factors that drive the market are growth in demand of natural fibers, especially kenaf, from the automotive industry and rise in environmental concerns among government and consumers.
Asia-Pacific is estimated to grow with the highest rate during the analysis period, owing to the abundant raw material availability, rise in demand from the construction industry and expansion in natural fiber production capacity.
s the report focuses on global Natural Fiber Reinforcement Materials market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
Agro Fiber
Bast Fiber
Greene Natural Fibers
Procotex
Hempflax
Greencore Composites
Greengran
Schweitzer-Mauduit
Tecnaro
FlexForm Technologies
Euchora
Fiberon
Wilhem G. Clasen
Market Segment by Product Type:
Hemp
Flax
Kenaf
Jute
Others (Coir, Abaca, Sisal)
Market Segment by Application:
Transportation
Building & Construction
Consumer Goods & Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Natural Fiber Reinforcement Materials market for the forecast period 2020 - 2025?
• What are the driving forces in the Natural Fiber Reinforcement Materials market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Natural Fiber Reinforcement Materials industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?