The next 10 years to see fructification of green chemistry in the Natural Fiber Composites Market
With the increasing concern due to the recyclability and biodegradability composites such as glass and carbon, natural fiber composites serves as perfect replacement. Attributing to added properties such as high durability, low density, lightweight and cost effectiveness, natural fiber composites have gained significant traction. Natural fiber composites are reinforced matrices structure formed using natural fibers. Natural fiber 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 fibers can be used to reinforce both thermosetting and thermoplastic matrices
Natural fiber composites are relatively
lighter and have more strength than conventional fibers and therefore find
extensive application in automotive industry for interior and exterior
application. In the construction industry natural fiber composites are used in
applications such as railings, window frames and door panels. Similarly natural
fiber composites are also used for packaging and electrical industry. Natural
fiber composites are manufactured using two methods—injection and compression
moulding. Natural fiber composites are manufacture predominantly by compression
moulding technique as compared to injection.
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The natural fiber 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 fibers. Stringent regulation regarding
non-biodegradable composites in regions such as Europe and North America have
opened new opportunities for natural fiber composites materials in these
regions. With increasing demand for sustainable natural fibers composites in
emerging economies for automotive, constructions and textile industry the
outlook for natural fiber composites looks positive for the forecast years.
Although the demand for natural fiber composites is increasing the market is
restrained by the presence of semi synthetic fiber composites. Inherent
properties of relatively high moisture absorption and limited chemical
reactivity also hinder the growth of natural fiber composites market.
Natural fiber composites market can be
segmented as follows
By manufacturing
process type:
·
Compression moulding
·
Injection moulding
By Applications:
·
Automotive
·
Construction
·
Electrical &
Electronics
·
Others
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Global natural fiber composites market can
also be segmented on the basis of regions— North America, Latin America,
Europe, Middle East & Africa, Asia Pacific. In terms of natural fiber
composites demand, the largest market is Europe owing to extensive demand of
natural fiber 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 fiber 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 fiber
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 fiber composites market in the coming years due to the increasing
demands from construction and electronics industry.
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,
·
Bast Fiber LLC
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