Natural fiber composites market size to increase by USD 1.135 billion: North America to account for 39% of market growth - Technavio

NEW YORK, Feb. 16, 2023 /PRNewswire/ -- The natural fiber composites market report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 3.69% and register an incremental growth of USD 1.135 billion during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a PDF sample report

Company profiles

The natural fiber composites market report includes information on the key products and recent developments of leading vendors, including:

• Avient Corp.: The company offers natural fiber composites such as continuous fiber composite panels.
• DuPont de Nemours Inc: The company offers natural fibers composites such as honeycomb composites.
• FlexForm Technologies: The company offers natural fibers composites such as mats and panels.
• JELU WERK J. Ehrler GmbH and Co KG: The company offers natural fibers cellulose, such as natural fibers cellulose, food fibers, and raw fiber concentrate composites.
• TECNARO GmbH: The company offers natural fibers composites such as Arboform.
• Teijin Ltd.
• Toray Industries Inc.
• TTS Inc.
• UPM Kymmene Corp.
• To gain access to more vendor profiles available with Technavio, Buy the report!

Regional analysis

Based on region, the global natural fiber composites market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. North America is estimated to account for 39% of the growth of the global market over the forecast period. The prominence of the construction industry is driving the growth of the regional market. The US and Canada are the key countries for the natural fiber composites market in North America.

Market dynamics

The market is driven by factors such as regulations and demand for environment-friendly composites, potential of NFC to replace synthetic fiber composites, and the superior properties of NFCs. However, the low strength of NFCs in comparison with synthetic composites is hindering the market growth.

Competitive analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, among others. Request a sample

Market segmentation

• Based on type, the natural fiber composites market is segmented into wood fiber and non-wood fiber. 
• Based on end-user, the market is segmented into building and construction, automotive, electrical and electronics, and others
• Based on geography, the natural fiber composites market is segmented into North America, APAC, Europe, South America, and Middle East and Africa.

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• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive natural fiber composites market growth during the next five years
• Precise estimation of the natural fiber composites market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the natural fiber composites industry across North America, APAC, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of natural fiber composites market vendors

Browse for Technavio's materials market reports

Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 18: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments 
• Exhibit 25: Chart on Type - Market share 2021-2026 (%)
• Exhibit 26: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type 
• Exhibit 27: Chart on Comparison by Type
• Exhibit 28: Data Table on Comparison by Type

• 5.3 Wood fiber - Market size and forecast 2021-2026
• Exhibit 29: Chart on Wood fiber - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Data Table on Wood fiber - Market size and forecast 2021-2026 ($ million)
• Exhibit 31: Chart on Wood fiber - Year-over-year growth 2021-2026 (%)
• Exhibit 32: Data Table on Wood fiber - Year-over-year growth 2021-2026 (%)

• 5.4 Non-wood fiber - Market size and forecast 2021-2026
• Exhibit 33: Chart on Non-wood fiber - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Data Table on Non-wood fiber - Market size and forecast 2021-2026 ($ million)
• Exhibit 35: Chart on Non-wood fiber - Year-over-year growth 2021-2026 (%)
• Exhibit 36: Data Table on Non-wood fiber - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Type 
• Exhibit 37: Market opportunity by Type ($ million)

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 38: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 39: Data Table on End-user - Market share 2021-2026 (%)

• 6.2 Comparison by End-user 
• Exhibit 40: Chart on Comparison by End-user
• Exhibit 41: Data Table on Comparison by End-user

• 6.3 Building and construction - Market size and forecast 2021-2026 
• Exhibit 42: Chart on Building and construction - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on Building and construction - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on Building and construction - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on Building and construction - Year-over-year growth 2021-2026 (%)

• 6.4 Automotive - Market size and forecast 2021-2026
• Exhibit 46: Chart on Automotive - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Automotive - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Automotive - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Automotive - Year-over-year growth 2021-2026 (%)

• 6.5 Electrical and electronics - Market size and forecast 2021-2026 
• Exhibit 50: Chart on Electrical and electronics - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Electrical and electronics - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Electrical and electronics - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Electrical and electronics - Year-over-year growth 2021-2026 (%)

• 6.6 Others - Market size and forecast 2021-2026
• Exhibit 54: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 6.7 Market opportunity by End-user 
• Exhibit 58: Market opportunity by End-user ($ million)

7 Customer Landscape

• 7.1 Customer landscape overview 
• Exhibit 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

• 8.1 Geographic segmentation 
• Exhibit 60: Chart on Market share by geography 2021-2026 (%)
• Exhibit 61: Data Table on Market share by geography 2021-2026 (%)

• 8.2 Geographic comparison 
• Exhibit 62: Chart on Geographic comparison
• Exhibit 63: Data Table on Geographic comparison

• 8.3 North America - Market size and forecast 2021-2026
• Exhibit 64: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 65: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 66: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 67: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 8.4 APAC - Market size and forecast 2021-2026
• Exhibit 68: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 69: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 70: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 71: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 8.5 Europe - Market size and forecast 2021-2026
• Exhibit 72: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 73: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 74: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 75: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 8.6 South America - Market size and forecast 2021-2026
• Exhibit 76: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 77: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 78: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 79: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 8.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 80: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 81: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 82: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 83: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 8.8 US - Market size and forecast 2021-2026
• Exhibit 84: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 85: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 86: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 87: Data Table on US - Year-over-year growth 2021-2026 (%)

• 8.9 China - Market size and forecast 2021-2026
• Exhibit 88: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 89: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 90: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 91: Data Table on China - Year-over-year growth 2021-2026 (%)

• 8.10 Canada - Market size and forecast 2021-2026
• Exhibit 92: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 93: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 94: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 95: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 8.11 Germany - Market size and forecast 2021-2026
• Exhibit 96: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 97: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 98: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 99: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 8.12 France - Market size and forecast 2021-2026
• Exhibit 100: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 101: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 102: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 103: Data Table on France - Year-over-year growth 2021-2026 (%)

• 8.13 Market opportunity by geography 
• Exhibit 104: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2021 and 2026

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape 
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption 
• Exhibit 107: Overview on factors of disruption

• 10.4 Industry risks 
• Exhibit 108: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered 
• Exhibit 109: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 11.3 Avient Corp. 
• Exhibit 111: Avient Corp. - Overview
• Exhibit 112: Avient Corp. - Business segments
• Exhibit 113: Avient Corp. - Key offerings
• Exhibit 114: Avient Corp. - Segment focus

• 11.4 DuPont de Nemours Inc 
• Exhibit 115: DuPont de Nemours Inc - Overview
• Exhibit 116: DuPont de Nemours Inc - Business segments
• Exhibit 117: DuPont de Nemours Inc - Key offerings
• Exhibit 118: DuPont de Nemours Inc - Segment focus

• 11.5 FlexForm Technologies 
• Exhibit 119: FlexForm Technologies - Overview
• Exhibit 120: FlexForm Technologies - Product / Service
• Exhibit 121: FlexForm Technologies - Key offerings

• 11.6 JELU WERK J. Ehrler GmbH and Co KG 
• Exhibit 122: JELU WERK J. Ehrler GmbH and Co KG - Overview
• Exhibit 123: JELU WERK J. Ehrler GmbH and Co KG - Product / Service
• Exhibit 124: JELU WERK J. Ehrler GmbH and Co KG - Key offerings

• 11.7 Polyvlies Franz Beyer GmbH 
• Exhibit 125: Polyvlies Franz Beyer GmbH - Overview
• Exhibit 126: Polyvlies Franz Beyer GmbH - Product / Service
• Exhibit 127: Polyvlies Franz Beyer GmbH - Key offerings

• 11.8 TECNARO GmbH 
• Exhibit 128: TECNARO GmbH - Overview
• Exhibit 129: TECNARO GmbH - Product / Service
• Exhibit 130: TECNARO GmbH - Key offerings

• 11.9 Teijin Ltd. 
• Exhibit 131: Teijin Ltd. - Overview
• Exhibit 132: Teijin Ltd. - Business segments
• Exhibit 133: Teijin Ltd. - Key offerings
• Exhibit 134: Teijin Ltd. - Segment focus

• 11.10 Trex Co. Inc. 
• Exhibit 135: Trex Co. Inc. - Overview
• Exhibit 136: Trex Co. Inc. - Business segments
• Exhibit 137: Trex Co. Inc. - Key offerings
• Exhibit 138: Trex Co. Inc. - Segment focus

• 11.11 UPM Kymmene Corp. 
• Exhibit 139: UPM Kymmene Corp. - Overview
• Exhibit 140: UPM Kymmene Corp. - Business segments
• Exhibit 141: UPM Kymmene Corp. - Key news
• Exhibit 142: UPM Kymmene Corp. - Key offerings
• Exhibit 143: UPM Kymmene Corp. - Segment focus

• 11.12 Weyerhaeuser Co. 
• Exhibit 144: Weyerhaeuser Co. - Overview
• Exhibit 145: Weyerhaeuser Co. - Business segments
• Exhibit 146: Weyerhaeuser Co. - Key news
• Exhibit 147: Weyerhaeuser Co. - Key offerings
• Exhibit 148: Weyerhaeuser Co. - Segment focus

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist 
• Exhibit 149: Inclusions checklist
• Exhibit 150: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 151: Currency conversion rates for US$

• 12.4 Research methodology 
• Exhibit 152: Research methodology
• Exhibit 153: Validation techniques employed for market sizing
• Exhibit 154: Information sources

• 12.5 List of abbreviations 
• Exhibit 155: List of abbreviations

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