Natural Fiber Reinforcement Materials Market 2023 | Industry Size, Share, Growth and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled “Natural Fiber Reinforcement Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global natural fiber reinforcement materials market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the natural fiber reinforcement materials market?

Report AttributesDetails
Market Size in 2022US$ 414.1 Million
Market Forecast in 2028US$ 604.2 Million
Growth rate (2023 to 2028)CAGR of 6.7%
Base Year of the Analysis2022
Forecast Period2023-2028

What is natural fiber reinforcement materials?

Natural fiber reinforcement materials refer to composite materials that are obtained from animals, plants, and minerals. In terms of product types, they can be categorized into hemp, flax, jute, kenaf, and others. Natural fiber reinforcement materials are used in biodegradable packaging to reduce waste and minimize reliance on non-renewable resources. They are highly sustainable, lightweight, and renewable and provide improved toughness and strength as compared to traditionally utilized synthetic fiber reinforcement materials. As a result, natural fiber reinforcement materials find widespread applications in numerous sectors, such as transportation, building and construction, consumer goods, agriculture, automotive, etc.

Request for a free sample copy of this report:

What are the growth prospects and trends in the natural fiber reinforcement materials?

The elevating need for the product in the automotive industry to manufacture various interior and exterior components, including seat covers, door panels, headliners, spoilers, dashboards, bumpers, and gear shifters, is among the key factors driving the natural fiber reinforcement materials market. Apart from this, the escalating product demand in the construction segment to produce building panels for roofs, walls, and flooring is acting as another significant growth-inducing factor. Moreover, the launch of several favorable policies and initiatives by government bodies across the globe aimed at promoting the adoption of green construction materials and minimizing carbon emissions is also positively influencing the market growth. Additionally, the shifting preferences toward the material in the textile industry to enhance the comfort and breathability of the fabric are further augmenting the global market. Besides this, the expanding requirement of materials for manufacturing sporting goods, such as snowboards, surfboards, skateboards, etc., is expected to propel the natural fiber reinforcement materials market over the forecast period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

  • Hemp
  • Flax
  • Kenaf
  • Jute
  • Others

End Use Insights:

  • Transportation
  • Building and Construction
  • Consumer Goods
  • Others

Breakup by Geography

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

List of Key Companies Covered in this Market Report:

  • Bast Fiber LLC
  • FlexForm Technologies
  • HempFlax Group BV
  • Mativ Holdings Inc.
  • NFC GmbH Nettle Fiber Company
  • Procotex Corporation
  • Tecnaro GmBH
  • Wilhelm G. Clasen GmbH Co. kg

Ask Analyst for Customization and Browse full report with TOC & List of Figure:

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US


134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800


Follow us on Twitter: @imarcglobal


Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *