Natural Fiber Composites Market Is Expected To Reach $0.6 Billion By 2026- An Exclusive Market Research Report By Lucintel

By Author: Lucintel LLC
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Lucintel's latest market report analyzed that natural fiber composites provides attractive opportunities in automotive, and building and construction applications. The natural fiber composites market is expected to reach $0.6 billion by 2026 with a CAGR of 5.2%. In this market, flax is the largest segment by fiber, whereas automotive is largest by application. Government support to innovate and commercial use of bio-based composites, and emergence of new applications provides strategic growth path in this market.
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Based on fiber, the natural fiber composites market is segmented into hemp, flax, kenaf, jute, and others. The flax segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to its environmentally friendly alternative of synthetic fibers in fiber reinforced polymer composites. Hemp natural fiber composites segment is expected to witness the highest growth in the forecast period.
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... Fiber Composites Market”
75 – Tables
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The Natural fiber composites Market is marked by the presence of several big and small players. Some of the prominent players offering natural fiber composites include Procotex, FlexForm, FiberGran, GreenGran, and Tecnaro.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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