Global Natural Fiber Composites Market Trajectory & Analytics, 2022-2027: Wood Fiber Composites Drive Overall Momentum in NFCs Market - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Natural Fiber Composites - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Natural Fiber Composites Market to Reach $10.2 Billion by 2027

The global market for Natural Fiber Composites estimated at US$5.2 Billion in the year 2020, is projected to reach a revised size of US$10.2 Billion by 2027, growing at a CAGR of 10.2% over the period 2020-2027.

Wood Fiber, one of the segments analyzed in the report, is projected to record 10.9% CAGR and reach US$6.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Wood Fiber segment is readjusted to a revised 9.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 13.7% CAGR

The Natural Fiber Composites market in the U.S. is estimated at US$1.6 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 13.7% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.4% and 9.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of COVID-19 and a Looming Global Recession
• An Introduction to Natural Fiber Composites (NFCs)
• Key Technical Features of Select Natural Fibers
• Chemical Composition by Fiber Type
• Natural Fiber Composites: Current Market Scenario and Outlook
• While Developed Regions Remain Primary Revenue Contributors, Developing Regions Exhibit Fast Paced Growth
• World Natural Fiber Composites (NFCs) Market by Region
• Global GDP Growth and Natural Fiber Composites Market Dynamics

2. FOCUS ON SELECT PLAYERS (Total 22 Featured)

• Aqvacomp Oy
• Bcomp Ltd.
• Fiberon, Inc.
• GreenGran B.V.
• JELU-WERK Josef Ehrler GmbH & Co. KG
• Plasthill Oy
• PolyOne Corporation
• Polyvlies Franz Beyer GmbH & Co. Kg
• Procotex Corp SA
• TECNARO GmbH
• Tekle Technical Services, Inc.
• Trex Company, Inc.
• UPM Biocomposites.

3. MARKET TRENDS & DRIVERS

• Wood fiber Composites Drive Overall Momentum in NFCs Market
• Share of Wood Fibers in the World Natural Fiber Composites Market (in %) for the Years 2019 and 2025
• Non-Wood Fibers Gain Traction
• Building & Construction: Dominant End-Use Sector for NFCs
• Upward Movement in Construction Activity in Asian Countries to Drive Strong Market Gains
• High Growth Opportunities Identified in Automotive Sector
• Aerospace Emerges as Niche Application Domain
• Compression Molding Technology Augments NFC Production Landscape
• Resin-Transfer Molding Process Remains a Major Production Technology Type
• Growing Relevancy of Eco-Friendly Composite Materials Gives Edge to Natural Fibers
• Sustained Focus on Enhancing the Properties of Natural Fibers Augments Market Prospects
• Increased Reliance on Synthetic Fibers Amid Scarcity and Volatility of Natural Fibers: The Key Issue

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/2w98r0