Key Players in the Market: Upm Biocomposites, Weyerhaeuser Company, Procotex Sa Corporation Nv, Meshlin Composites Zrt., Greengran B.N., Ab Composites Pvt LTD., Beologic N.V., Flexform Technologies
(PRWEB) January 16, 2015
The research report, “Natural Fiber Composites Market by Applications, Manufacturing Processes and by Region - Global Trends & Forecasts to 2019”, defines and segments the market with an analysis and forecast of applications and manufacturing processes of natural fiber composites. The market size for natural fiber composites is projected to reach $5.83 billion by 2019, at a CAGR of 12.31% between 2014 and 2019.
Browse 71 Market Data Tables and 53 Figures spread through 154 Pages and in-depth TOC on “Natural Fiber Composites Market”.
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The report also identifies the driving and restraining factors for the natural fiber composites market with an analysis of trends and opportunities. The market is segmented and the value has been forecast on the basis of key regions, such as North America, Europe, Asia-Pacific and Oceania, and ROW.
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Asia-Pacific and Oceania are the fastest growing regions for natural fiber composites market
The natural fiber composites market is segmented into four key applications markets: automotive, building & construction, electrical & electronics, and others. Building & construction is the largest application market for natural fiber composites accounting for majority of the share.
Globally natural fiber composites market size is expected to reach $5.83 billion by 2019
The market size for natural fiber composites is projected to reach $5.83 billion by 2019, at a CAGR of 12.31% between 2014 and 2019. North America dominated the natural fiber composites market in 2013. It is projected to remain the major market by 2019, at a CAGR of 11.16% between 2014 and 2019.
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Compression molding is the manufacturing process majorly used for natural fiber composites which accounted for 80.45% of the market share in 2013.
Compression molding held the major share in the natural fiber composites market in 2013 and the trend is projected to continue by 2019. Injection molding held the second biggest market for the natural fiber composites in 2013. The market for injection molding is projected to grow at a high rate of 12.58% between 2014 and 2019 owing to the constantly increasing application areas for the natural fiber composites.
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