Global Natural Fiber Reinforced Composites (NFRC) Market 2022-2028

Gen Consulting Company predicts that the global natural fiber reinforced composites market is estimated to touch a valuation of 6,145 thousand tons, registering a CAGR of 8.8% during the forecast period (2022-2028).

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global natural fiber reinforced composites market. It traces the market's historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the natural fiber reinforced composites industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the fiber type, polymer, end user, and region. The global market for natural fiber reinforced composites can be segmented by fiber type: wood fiber composite, non-wood fiber composite. According to the research, the wood fiber composite segment had the largest share in the global natural fiber reinforced composites market. Natural fiber reinforced composites market is further segmented by polymer: thermoset, thermoplastic. In 2021, the thermoset segment made up the largest share of the natural fiber reinforced composites market. Based on end user, the natural fiber reinforced composites market is segmented into: aerospace, transportation, construction, electrical and electronics, sport, others. Among these, the construction segment was accounted for the largest share of the market in 2021. On the basis of region, the natural fiber reinforced composites market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America captured the largest share of the market in 2021.

Market Segmentation
By fiber type: wood fiber composite, non-wood fiber composite
By polymer: thermoset, thermoplastic
By end user: aerospace, transportation, construction, electrical and electronics, sport, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report explores the recent developments and profiles of key vendors in the Global Natural Fiber Reinforced Composites Market, including Corticeira Amorim S.G.P.S., S.A., International Paper Company, Oldcastle APG, Inc., The AZEK Company Inc., Trex Company, Inc., UPM-Kymmene Oyj, among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
- To analyze and forecast the market size of the global natural fiber reinforced composites market.
- To classify and forecast the global natural fiber reinforced composites market based on fiber type, polymer, end user, region.
- To identify drivers and challenges for the global natural fiber reinforced composites market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global natural fiber reinforced composites market.
- To identify and analyze the profile of leading players operating in the global natural fiber reinforced composites market.

Why Choose This Report
- Gain a reliable outlook of the global natural fiber reinforced composites market forecasts from 2022 to 2028 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.