Introduction
With the increasing concern due to the recyclability and biodegradability composites such as glass and carbon, natural fibre composites serves as perfect replacement. Attributing to added properties such as high durability, low density, lightweight and cost effectiveness, natural fibre composites have gained significant traction. Natural fibre composites are reinforced matrices structure formed using natural fibres. Natural fibre such as coir, jute, bagasse, cotton, bamboo, hemp are used to manufacture high strength and stiff composite structures that can be used for various application. The natural fibres can be used to reinforce both thermosetting and thermoplastic matrices. Natural fibre composites are relatively lighter and have more strength than conventional fibres and therefore find extensive application in automotive industry for interior and exterior application. In the construction industry natural fibre composites are used in applications such as railings, window frames and door panels. Similarly natural fibre composites are also used for packaging and electrical industry. Natural fibre composites are manufactured using two methods—injection and compression moulding. Natural fibre composites are manufacture predominantly by compression moulding technique as compared to injection.
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The natural fibre composites market is expected to witness a significant growth over the forecasted years owing to the rising environmental concern over the production and utilization of non-biodegradable synthetic fibres. Stringent regulation regarding non-biodegradable composites in regions such as Europe and North America have opened new opportunities for natural fibre composites materials in these regions. With increasing demand for sustainable natural fibres composites in emerging economies for automotive, constructions and textile industry the outlook for natural fibre composites looks positive for the forecast years. Although the demand for natural fibre composites is increasing the market is restrained by the presence of semi synthetic fibre composites. Inherent properties of relatively high moisture absorption and limited chemical reactivity also hinder the growth of natural fibre composites market.
Market: Segmentation
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Regional Outlook
In terms of natural fibre composites demand, the largest market is Europe owing to extensive demand of natural fibre composites automotive application. Key market in Europe include UK and Germany. Followed by Europe, North America and Latin America are the key markets for natural fibre composites. High demand in infrastructure and constructions applications are attributed to the high demand in these regions. Asia Pacific is anticipated to be the largest market for natural fibre composites for the forecasted years, with emerging market of India and China contributing significantly in the market dynamics. The escalating demands from regions such as Middle East & Africa are anticipated to influence the natural fibre composites market in the coming years due to the increasing demands from construction and electronics industry.
Key Players
Some of the key players identified in the global natural fiber composites are: Greengran B.V FlexForm Technologies LLC., FiberGran GmbH & Co. KG Tecnaro GmbH, Kafus Bio-Composites Inc. Stemergy, Procotex Corporation SA, and Bast Fiber LLC
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