Materials & Chemicals

Natural Fiber Reinforcement Materials Market by Type (Hemp, Flax, Kenaf, Jute, and Others) and End-Use Industry (Transportation, Building & Construction, Consumer Goods, and Others) - Global Opportunity Analysis and Industry Forecast, 2014-2022

  • ALL1177707
  • 190 Pages
  • April 2017
  • Materials & Chemicals

The global natural fiber reinforcement materials market was valued at $250 million in 2015, and is expected to reach $408 million by 2022, growing at a CAGR of 7.3% from 2016 to 2022. Fibers derived from natural sources such as plants (cotton, jute, flax, hemp, sisal), animals (alpaca, wool, silk, mohair, angora) or minerals (asbestos, metal fibers, ceramic) are termed as natural fibers. They are hair-like raw materials that can be spun for use as threads, filaments, and ropes or matted into sheets of paper, or can be used to produce composite materials. The usefulness of natural fibers depends on its characteristics such as, length, elasticity, abrasion resistance, strength, absorbance, and several others.

The natural fiber reinforcement materials market is driven by the upsurge in demand for natural fiber composites from construction industry, consumer awareness & stringent regulations towards using environment friendly products, and biodegradability, recyclability & environment-friendly nature of natural fibers. However, factors such as low strength as compared to synthetic fibers and fluctuating raw material prices are expected to hinder the market growth during the forecast period. Moreover, growth opportunities exist in the market with increase in applications of natural fiber in the packaging industry

The global natural fiber reinforcement materials market is segmented based on the type, end-use industry, and geography. On the basis of type, it is segmented into hemp, flax, kenaf, jute, and others that includes coir, abaca & sisal. Based on end-use industry, it is classified into transportation, building & construction, consumer goods, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Top players operating in the natural fiber reinforcement materials market include:

  • AgroFiber SAS
  • Bast Fiber LLC.
  • Greene Natural Fibers LLC.
  • Procotex Corporation
  • Hempflax BV
  • Saneco S.A.
  • Hempline Inc.
  • Schweitzer-Mauduit International, Inc.
  • Kenaf Industries of South Texas
  • NFC Fibers GmbH

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a detailed quantitative analysis of the current trends and future estimations from 2014 to 2022 of the global natural fiber reinforcement materials market, which assist to identify the prevailing market opportunities.
  • In-depth coverage of the market including drivers, restraints, and opportunities helps professionals to understand the market behavior in an efficient manner.
  • Detailed study of the strategies adopted by the key leaders, such as partnerships and acquisitions, is provided.
  • Porter’s Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.
  • Pinpoint analysis of geographical segments helps to identify opportunities for growth within the market.

Natural Fiber Reinforcement Materials Market Key Segments:

By Type

  • Hemp
  • Flax
  • Kenaf
  • Jute
  • Others (Coir, Abaca, Sisal)

By End-Use Industry

  • Transportation
  • Building & Construction
  • Consumer Goods
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • South Africa
    • Rest of LAMEA

Other prominent market players are as follows:

  • EUCHORA S.R.L.
  • Badische Naturfaseraufbereitung GmbH
  • Tenbro
  • Wilhem G. Clasen
  • FlaxStalk Natural Fiber Solutions
  • Fiberon LLC
  • Tecnaro
  • FlexForm Technologies
  • Greencore Composites
  • Greengran B.V.

(The above companies are not profiled but can be done on client request)

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