Dublin, Jan. 7, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/l3jsxd/natural_fiber) has announced the addition of the "Natural Fiber Composites Market by Applications by Manufacturing Processes and by Region - Global Trends and Forecasts to 2019" report to their offering.
The market size for natural fiber composites is projected to reach $5.83 billion by 2019, at a CAGR of 12.31% between 2014 and 2019.
Natural fiber composites are used mainly in building & construction, automotive and electrical & electronics applications. They are used in several applications, such as door frames, window frames, decking, railings, seat backs, dashboards, bumpers, fenders, and so on. Increasing applications of natural fiber composites in products, such as mobile and laptop cases, sporting apparel, such as helmets, and paperweights are boosting interest in the natural fiber composites market.
This market is driven by growing automotive and building & construction industry. The demand for natural fiber composites is increasing in the building & construction and infrastructure industry as consumers are becoming aware of the environmental benefits and cost effectiveness offered by natural fiber composites. The Asia-Pacific and Oceania region is estimated to be the fastest growing region as a result of the easy availability of raw material and development of building & construction & infrastructure industry in the region.
The North American region dominated the natural fiber composites market in 2013. The U.S., Germany, and Canada are the key countries with a huge demand for natural fiber composites. The Asia-Pacific and Oceania region is expected to show the highest growth rate of 14.38% between 2014 and 2019 for the natural fiber composites market.
The key market players focus on agreements & partnerships as their growth strategy to improve their product portfolio and serve more consumers. They are also focusing on trying to capture market share by making more and more consumers aware of their products by participating in product showcasing.
The natural fiber composites market is expected to witness a high growth from low penetrated applications and regions. One of the chief problems in the natural fiber composites market is lower strength as compared to synthetic fiber composites.
The report analyzes the market based on the key applications, manufacturing processes, and regions. It also covers the market behavior of leading producers, key developments, and strategies implemented to sustain and succeed in the market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market, By Application
8 Regional Analysis
9 Market, By Manufacturing Process
10 Competitive Landscape
11 Company Profiles
- Ab Composites
- Flexform Technologies
- Greencore Composites
- Jelu-Werk Josef Ehrler Gmbh & Co
- Meshlin Composites
- Polyvlies Franz Beyer Gmbh & Co
- Procotex Sa Corporation
- Tecnaro Gmbh
- Upm Biocomposites
- Weyerhaeuser Company
For more information visit http://www.researchandmarkets.com/research/l3jsxd/natural_fiber
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Source:Research and Markets