Market Overview:
The global natural fiber composites (NFCs) market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market growth is attributed to the increasing demand for lightweight and environment-friendly materials in automotive, buildings & construction, electrical and electronics, and other applications. In terms of type, the injection molding segment is projected to lead the global NFCs market during the forecast period. This can be attributed to its ability to produce high-quality products with low manufacturing costs as compared to other processing methods. In terms of application, the automotive segment is projected to lead the global NFCs market during the forecast period.
 Industry Outlook.svg)
Product Definition:
Natural fiber composites (NFCs) are made from natural fibers and a polymer matrix. They are important because they can be used to make sustainable products.
Injection Molding:
Injection molding is a manufacturing process used to create hollow parts from plastic compounds. It is one of the most common processes used in the production of industrial and consumer goods. The process allows for high production rates, which can be an important factor in determining a product's volume or scale of production. Injection molding has been gaining importance over other molding processes due to its ability to produce complex-shaped products with higher accuracy and surface finish than other processes can offer (e.
Compression Molding:
Compression molding is a manufacturing process used to create plastic parts and products. It uses pressure to force the molten polymer into a desired shape. The process can be used for both thermosetting and thermoplastics, depending on the type of feedstock (thermoplastic or thermosetting) and type of heat source/application (electricity, steam).
Application Insights:
The application segment includes automotive, buildings and construction, electrical and electronics, industrial machinery and equipment, packaging applications. The automotive sector is expected to emerge as the fastest growing application segment over the forecast period owing to increasing demand for natural fiber reinforced composites in this industry.
Natural fibers are used in various types of filaments including glass fiber (for use in aramid), carbon (for use in aramid), polyester (for use in aramid) & others such as hemp & linen. These filaments are used along with metals such as aluminum & steel to produce lightweight parts that reduce fuel consumption by improving aerodynamics which improves vehicle efficiency. This is projected to drive product demand over the coming years.
Regional Analysis:
North America dominated the global market in terms of revenue in 2017. The region is expected to witness moderate growth over the forecast period owing to a decline in consumer spending on natural products and an increase in preference for synthetic materials. Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030, owing to increasing product demand from developing countries such as India and China. In addition, rising disposable income levels are anticipated to fuel product demand further over the next eight years.
The European market also accounted for a significant share of global NFCs market revenue due its large construction industry base that primarily uses injection molding techniques coupled with compression molding processes for producing various parts such as window frames, door handles, etc., which will drive product consumption over the forecast period. Latin America has been experiencing strong economic growth since 2014; however, this growth was accompanied by high uncertainty regarding political instability and low oil prices (on account of recent falls).
Growth Factors:
- Increasing demand for lightweight and environment-friendly materials in automotive and aerospace industries
- Rising awareness about the benefits of NFCs over traditional composites materials
- Growing investments in R&D activities to develop innovative NFC products
- Proliferation of advanced manufacturing technologies for producing high-quality NFC products
- Rising demand from emerging economies due to growing industrialization and urbanization
Scope Of The Report
Report Attributes
Report Details
Report Title
Natural Fiber Composites (NFCs) Market Research Report
By Type
Injection Molding, Compression Molding, Others
By Application
Automotive, Buildings & Construction, Electrical and Electronics, Others
By Companies
FlexForm Technologies LLC, Tecnaro GmbH, Procotex Corporation SA, GreenGran BV, FiberGran GmbH & Co KG, Kafus Bio-Composites Inc, Stemergy, Bast Fiber LLC, Crailar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Natural Fiber Composites (NFCs) Market Report Segments:
The global Natural Fiber Composites (NFCs) market is segmented on the basis of:
Types
Injection Molding, Compression Molding, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Buildings & Construction, Electrical and Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FlexForm Technologies LLC
- Tecnaro GmbH
- Procotex Corporation SA
- GreenGran BV
- FiberGran GmbH & Co KG
- Kafus Bio-Composites Inc
- Stemergy
- Bast Fiber LLC
- Crailar
 Market Overview.svg)
Highlights of The Natural Fiber Composites (NFCs) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Injection Molding
- Compression Molding
- Others
- By Application:
- Automotive
- Buildings & Construction
- Electrical and Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Natural Fiber Composites (NFCs) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Natural fiber composites (NFCs) are materials made from natural fibers and synthetic polymers. The two main types of NFCs are: 1. Biodegradable NFCs: These materials can be broken down by bacteria or fungi, which makes them environmentally friendly. They're also often more flexible than traditional plastics, making them ideal for products that need to bend or stretch. 2. Recyclable NFCs: These materials can be recycled multiple times without losing their properties or performance. This is especially important for products that have a long lifespan, like cars and furniture
Some of the key players operating in the natural fiber composites (nfcs) market are FlexForm Technologies LLC, Tecnaro GmbH, Procotex Corporation SA, GreenGran BV, FiberGran GmbH & Co KG, Kafus Bio-Composites Inc, Stemergy, Bast Fiber LLC, Crailar.
The natural fiber composites (nfcs) market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Natural Fiber Composites (NFCs) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Natural Fiber Composites (NFCs) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Natural Fiber Composites (NFCs) Market - Supply Chain
4.5. Global Natural Fiber Composites (NFCs) Market Forecast
4.5.1. Natural Fiber Composites (NFCs) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Natural Fiber Composites (NFCs) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Natural Fiber Composites (NFCs) Market Absolute $ Opportunity
5. Global Natural Fiber Composites (NFCs) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Type
5.3.1. Injection Molding
5.3.2. Compression Molding
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Natural Fiber Composites (NFCs) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Buildings & Construction
6.3.3. Electrical and Electronics
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Natural Fiber Composites (NFCs) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Natural Fiber Composites (NFCs) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Natural Fiber Composites (NFCs) Demand Share Forecast, 2019-2029
9. North America Natural Fiber Composites (NFCs) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Buildings & Construction
9.4.3. Electrical and Electronics
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Type
9.7.1. Injection Molding
9.7.2. Compression Molding
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Natural Fiber Composites (NFCs) Demand Share Forecast, 2019-2029
10. Latin America Natural Fiber Composites (NFCs) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Buildings & Construction
10.4.3. Electrical and Electronics
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Type
10.7.1. Injection Molding
10.7.2. Compression Molding
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Natural Fiber Composites (NFCs) Demand Share Forecast, 2019-2029
11. Europe Natural Fiber Composites (NFCs) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Buildings & Construction
11.4.3. Electrical and Electronics
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Type
11.7.1. Injection Molding
11.7.2. Cmpression Molding
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Natural Fiber Composites (NFCs) Demand Share, 2019-2029
12. Asia Pacific Natural Fiber Composites (NFCs) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Buildings & Construction
12.4.3. Electrical and Electronics
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Type
12.7.1. Injection Molding
12.7.2. Compression Molding
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Natural Fiber Composites (NFCs) Demand Share, 2019-2029
13. Middle East & Africa Natural Fiber Composites (NFCs) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Buildings & Construction
13.4.3. Electrical and Electronics
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Natural Fiber Composites (NFCs) Market Size and Volume Forecast by Type
13.7.1. Injection Molding
13.7.2. Compression Molding
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Natural Fiber Composites (NFCs) Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Natural Fiber Composites (NFCs) Market: Market Share Analysis
14.2. Natural Fiber Composites (NFCs) Distributors and Customers
14.3. Natural Fiber Composites (NFCs) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. FlexForm Technologies LLC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tecnaro GmbH
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Procotex Corporation SA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GreenGran BV
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. FiberGran GmbH & Co KG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kafus Bio-Composites Inc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Stemergy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bast Fiber LLC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Crailar
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
