$ 1.49 Billion Growth in Natural Fiber Composites Market During 2020-2024 | 38% Growth to Originate from North America | Technavio

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NEW YORK, Aug. 23, 2021 /PRNewswire/ — The natural fiber composites market in the Commodity Chemicals industry is poised to grow by $ 1.49 bn during 2020-2024. Technavio’s latest market research report estimates that the natural fiber composites market will be progressing at a CAGR of over 5%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Technavio has announced its latest market research report titled Natural Fiber Composites Market by Type and Geography - Forecast and Analysis 2020-2024

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Factors such as demand for environment-friendly composites will offer immense growth opportunities. However, the low strength of NFCs in comparison to synthetic composites will hurdle the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The natural fiber composites market is concentrated, and the degree of concentration will accelerate during the forecast period.

Natural Fiber Composites Market 2020-2024: Segmentation

Natural Fiber Composites Market is segmented as below:

  • Type
    • Wood Fiber
    • Non-wood Fiber
  • Geography
    • North America
    • APAC
    • Europe
    • South America
    • MEA

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Natural Fiber Composites Market 2020-2024: Vendor Analysis and Scope

To help businesses improve their market position, the natural fiber composites market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include AZEK Co. LLC, DuPont de Nemours Inc., FlexForm Technologies, JELU-WERK J. Ehrler GmbH & Co. KG, PolyOne Corp., Polyvlies Franz Beyer GmbH, TECNARO GmbH, Trex Co. Inc., UPM-Kymmene Corp., and Weyerhaeuser Company.

The report also covers the following areas:

  • Natural Fiber Composites Market size
  • Natural Fiber Composites Market trends
  • Natural Fiber Composites Market industry analysis

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Backed with competitive intelligence and benchmarking, our research reports on the natural fiber composites market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

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Natural Fiber Composites Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist natural fiber composites market growth during the next five years
  • Estimation of the natural fiber composites market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the natural fiber composites market
  • 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

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Building and Construction – Market size and forecast 2019-2024
  • Automotive – Market size and forecast 2019-2024
  • Electrical and Electronics – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by End-user

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Wood fiber – Market size and forecast 2019-2024
  • Non-wood fiber – Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • The AZEK Co. LLC
  • DuPont de Nemours Inc.
  • FlexForm Technologies
  • JELU-WERK J. Ehrler GmbH & Co. KG
  • PolyOne Corp.
  • Polyvlies Franz Beyer GmbH
  • Trex Co. Inc.
  • UPM-Kymmene Corp.
  • Weyerhaeuser Company


  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio’s in-depth market research reports now include a thorough analysis of the COVID-19 impact on various markets to help industry leaders navigate their business through the new normal.  

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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