The Natural Fiber Reinforced Composites market is expected to record a CAGR of 11% over the forecast period (2021-2027).
Natural fiber reinforced composite applications are rapidly increasing due to numerous advantages such as low cost, biodegradability, eco-friendliness, relatively good mechanical properties, etc. Consumption of natural fiber reinforced composites is dominated by n the building and construction industries. The outbreak of COVID-19 has affected many industries, along with construction and construction, as well as general economic activity. Blockades in several countries have halted construction activities affecting market research. In addition, the downturn in economic activity has affected infrastructure development and production activities, which has a series of impacts on the demand for natural fiber reinforced composites and has an impact on the research market.
A full report of Natural Fiber Reinforced Plastic Market available at https://www.orionmarketreports.com/natural-fiber-reinforced-plastic-market/15349/
Major Players
• Trex Company, Inc.
• FlexForm Technologies
• AZEK Company LLC
• UPM
• Fiberon Technologies, Inc.
Natural Fiber Reinforced Plastic Market: Segmentation
By Plastic (USD Million)
• Thermoplastics
• Thermosets
By Fiber (USD Million)
• Flax
• Cotton
• Jute
• Sisal
• Ramie
• Coir
• Banana
By End use (USD Million)
• Automotive
• Building & Construction
• Aerospace
• Sports & leisure
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
