Global natural fiber-reinforced plastics (NFRP) market To Witness Thriving Growth By 2026 | AMORIM., Tecnaro GmbH, Advanced Compounding Rudolstadt GmbH, UPM
The natural fiber-reinforced plastics (NFRP) report provides comprehensive outline of the market, industry requirement, technology and production analysis considering major factors such as revenue, investments and business growth. It gives new ways and appropriate approaches within the advancement structure of the market. Readers of this natural fiber-reinforced plastics (NFRP) report will get in depth knowledge about the market. This report content includes orientation technology, industry drivers, geographic trends, market statistics, market forecast, producers and equipment suppliers of the industry.
This natural fiber-reinforced plastics (NFRP) report studies present as well as future aspects of the market based on the factors on which companies participate in the market growth, key trends and segmentation analysis. This report provides all data with easily digestible information to guide every businessman’s future innovation and move business forward.
Global natural fiber-reinforced plastics (NFRP) market is set to witness a substantial CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand of natural fiber-reinforced plastics from engineering sector is the major factor for the growth of this market.
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Natural fiber-reinforced plastics are usually used to strengthen the material along with the combination of plastics. Flax, jute, sisal, ramie, coir etc. are some of the most common type of the natural fiber. They are eco- friendly and have very good sustainability. They are widely used in industries like automotive, construction, aerospace, sports etc. They usually have low density and are biodegradable in nature. Increasing demand of cotton as soundproofing material is fuelling the growth of this market.
How this report will help companies to plan their investments and make strategies in the natural fiber-reinforced plastics market?
The natural fiber-reinforced plastics market research report classifies the competitive spectrum of this industry in elaborate detail. The study claims that the competitive reach spans the companies of AMORIM., Tecnaro GmbH, Advanced Compounding Rudolstadt GmbH, UPM, TORAY INDUSTRIES, INC., TEIJIN LIMITED, Mitsubishi Chemical Corporation, SGL Carbon, Formosa Plastics Corporation, U.S.A., Hexcel Corporation, Jiangsu Hengshen Company Limited, Zhongfu Shenying Carbon Fiber Co.,Ltd., DowAksa Advanced Composites Holdings BV., PolyOne Corporation and others
The report also mentions regional or country level analysis, market shares for new entrants, critical success factors product sales figures, production value, currency and pricing, gross margins, current & future trends to elucidate imminent investment pockets etc.
This natural fiber-reinforced plastics market research report serves the businesses with making enhanced decisions, deal with marketing of goods or services, and accomplish better profitability by prioritizing market goals.
Market Drivers:
- Rising demand of cotton fiber as soundproofing material is driving the growth of this market
- Increasing prevalence for natural fiber-reinforced plastics from various end-users is another factor driving the market growth
- Rising demand for cost- effective and low density product will also drive the growth of this market
- Increasing usage of natural fiber-reinforced plastics in engineering sector will also propel the market growth
Market Restraints:
- Increasing need of chemical modification of natural fibers to improve interfacial adhesion is restraining the market growth
- High processing cost will also restrict the growth of this market
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Segmentation: Global Natural Fiber-reinforced Plastics (NFRP) Market
Major Geographical Regions Include in This Study: North America, Europe, Asia-Pacific, South America, Middle East and Africa
By Type
- Thermoplastics
- Polyethylene
- Polystyrene
- Thermosets
- Polyester
- Epoxies
- Vinyl Ester
By Fiber
- Flax
- Cotton
- Jute
- Sisal
- Ramie
- Coir
- Banana
By End-User
- Automotive
- Building and Construction
- Aerospace
- Sports & Leisure
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