The latest industry research report on Natural Fiber Composites by MRC provides a thorough analysis of the global Natural Fiber Composites market. The report scrutinizes the market by different segments including regions, applications, competitive landscape, etc. over the predicted time frame. This report provides 360 Degree perspective of the Natural Fiber Composites industry with an all-inclusive discussion of definitions, classifications, and market players in the industry chain structure. It features qualitative and quantitative analysis of the industry taking into consideration the significant development factors, competition in the market, and important reasons impacting the market growth.
MRC Announces the Publication of its Research Report Global Natural Fiber Composites Market 2017-2021
MRC recognizes the following companies as the key players in the global natural fiber composites market: FlexForm Technologies, PolyOne, TECNARO, UPM, and Weyerhaeuser Company.
Other Prominent Vendors in the market are: A B COMPOSITES, AqvacompOy, Bcomp, DowDuPont, GreenCore Composites, GreenGran, PlasthillOy, Procotex Corporation, and Sunstrand.
Commenting on the report, an analyst from MRCs team said: One trend in the market is innovation in automotive industry. The automotive industry is growing at the highest CAGR in the global NFCs market. The reasons behind the growth of the automotive industry are the increasing population and the increase in disposable income of individuals. People demand more innovation in cars, be it in terms of style, comfort, or features.
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According to the report, one driver in the market is regulations and demand for environment-friendly composites. Currently, the demand for fiber-reinforced (glass and carbon fibers) composites is quite high. These fiber-reinforced composites find applications in a number of end-use industries. However, the challenge associated with these is that they are expensive and are not environment-friendly. These fibers are non-renewable and non-recyclable. Glass fibers are commonly used in the polymer matrix. Although the use of glass fibers is high in composites, there are some problems associated with them.
Further, the report states that one challenge in the market is water absorption by natural fibers. The natural fibers can absorb moisture from the air, as they are in direct contact with the environment. This absorption results in the deformation of the surface of the composites, as the surface becomes swollen and voids are created on it. This deformation results in less strength and the weight of the composite increases. One of the advantages of using NFCs is their lightweight, and due to the absorption of water, this advantage is nullified. If the water absorption results in a 20% increase in the weight of the composite, the lightweight advantage gets nullified.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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The research report focuses on the analysis of its major geographies, and different segments. This all-inclusive study discusses the current market development and trends, important factors driving market growth like drivers, restraints, market projections, and market structure for each region and its sub-segments. It also provides glimpses on the recent technological advancements in the market along with detailed profiles of key industry players. The report also includes an analysis of the micro and macro aspects noteworthy for the present active and the new entities apart from the study of the value chain.
Key Topics Covered in the Report:
The report brings to your attention analysis of the Natural Fiber Composites market in major geographies including North America, Europe, the Asia-Pacific, and the Rest of the World. This research report provides a complete insight of the market trends and guides in making informed business decisions. It gives a clear understanding of the competitive environment, key market players, their portfolio, and strategies. It also features a technological growth map over a time and helps understand its impact on the market.
Report Details @https://marketreportscenter.com/reports/562247/global-natural-fiber-composites-market-2017-2021
Market Scope
The research report takes different facets into consideration to scrutinize the global Natural Fiber Composites industry. It brings to your attention market overview, market trends and future outlook, market growth and dynamics, market challenges and opportunities, competitive landscape, and potential investment segment.
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