Natural Fiber Composites Market worth $5.83 Billion by 2019

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MarketsandMarkets Presents
Natural Fiber Composites Market worth 5.83
Billion by 2019
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The report Natural Fiber Composites Market by
Applications (Automotive, Building and
Construction, Electrical and Electronics
Others) by Manufacturing Processes (Compression
Molding, Injection Molding Others) and by
Region (North America, Europe, Asia-Pacific and
Rest of the World) - Global Trends Forecasts to
2019, defines and segments the natural fiber
composites market with an analysis and forecast
of applications and manufacturing processes of
natural fiber composites. 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. Browse gtgt
70 data tables 51
figures 136 pages and
in-depth TOC on Natural Fiber Composites Market
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ly buyers will receive 10 customization on this
report.
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Natural fiber composites are manufactured mainly
using two different processes that are
compression molding and injection molding. Along
with this, the applications of natural fiber
composites market are mainly in the automotive,
building construction and electrical
electronics industry region-wise analysis is
also discussed. It also identifies the driving
and restraining factors for the natural fiber
composites market with an analysis of trends and
opportunities. The market is segmented and the
value has been forecast on the basis of key
regions, such as North America, Europe,
Asia-Pacific and Oceania, and RoW. Asia-Pacific
and Oceania is the fastest growing regions for
natural fiber composites market The natural
fiber composites market is segmented into four
key applications markets automotive, building
construction, electrical electronics, and
others. Building construction is the largest
application market for natural fiber composites
accounting for majority of the share.
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Global natural fiber composites market size to
reach 5.83 billion by 2019 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. North America dominated
the natural fiber composites market in 2013. It
is projected to remain the major market by 2019,
at a CAGR of 11.16 between 2014 and
2019. Compression molding is the manufacturing
process used majorly for natural fiber composites
and accounted for 80.45 of the market share in
2013 Compression molding held the major share in
the natural fiber composites market in 2013 and
the trend is projected to continue by 2019.
Injection molding held the second biggest market
for the natural fiber composites in 2013. The
market for injection molding is projected to grow
at a high rate of 12.58 between 2014 and 2019
owing to the constantly increasing application
areas for the natural fiber composites.
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