60 likes | 75 Views
The key factors surging the growth of the global natural fiber composites market include the rising awareness, consumer preference for environmentally friendly green and sustainable products such as carbon, glass, as well, as natural fiber composites at a global level. <br><br>Visit:u00a0https://www.gmiresearch.com/report/natural-fiber-composites-market/
E N D
Report Title Natural Fiber Composites Market – Global Opportunities & Forecast, 2020-2027 GMI Research GMI Research See the Future Insights 1
The GMI Research report provides an overall outlook of the industry through a detailed market segmentation. The report offers thorough information related to the the overview and scope of the market, including the market drivers, restraints and emerging trends in the industry. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country participating in the study. Competitive Rivalry of the Natural Fiber Composites Market: The leading players in the natural fiber composites market include Fiberon, LLC, UPM Biocomposites, Trex Company, Inc., FlexForm Technologies, Kafus Bio-Composites Inc., Advanced Environmental Recycling Technologies (AERT), FiberGran GmbH& Corp. KG, Procotex Corporation, Polyvlies Franz Beyer GmbH & Co. Kg, TECNARO GMBH, and among others. Drivers of the Natural Fiber Composites Market: The key factors surging the growth of the global natural fiber composites market include the rising awareness, consumer preference for environmentally friendly green and sustainable products such as carbon, glass, as well, as natural fiber composites at a global level. Moreover, the natural fiber composites are lightweight and consume lower energy to raise fuel efficiency, which is another factor that is fuelling the demand for the global natural fiber composites market. Additionally, the natural fiber composites are stronger than glass fibers, which is motivating the consumers to opt for natural fiber composites. The growing number of government regulations related to the usage of eco-friendly products to reduce the pollutant levels is further accelerating the demand of the global natural fiber composites market. On the other hand, the low strength properties in comparison to the synthetic fiber composites, quality of the raw materials, and high fluctuation in cost are hampering the growth of the global natural fiber composites market. 2
Based on the manufacturing process, the global natural fiber composites market segmented into compression molding, injection molding, and other processes. The compression molding segment is projected to grow at a higher CAGR during the forecast period due to the growing application of compression molding in the automotive, transportation, appliance, and other industries. Market Segmentation: The main objective of the study is to define market sizes of the different market segments & countries during the forecast period and analyze the values in the next six years. The detailed segments and sub-segments of the market are explained below: Breakup by Type: •Wood •Non-wood Breakup by Manufacturing Processes: •Compression Molding •Injection Molding •Other Processes Breakup by Application: •Building & Construction •Automotive •Electronics & Electricals •Others Breakup by Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC 3
•Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 4