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Some of the major players operating in the Natural fiber composites market are:
These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Market size for natural fiber composites reached around USD 320 million in 2022 and is estimated to be worth USD 667.2 million by 2032 driven by the increasing demand for lightweight materials in the automotive industry.
Natural fiber composites market from the wood fiber composites segment generated USD 83.7 million in 2022 and is expected to witness high demand through 2032 attributed to benefits, such as versatility and adaptability.
U.S. natural fiber composites size was USD 76.6 million in 2022 and is poised to grow at notable CAGR through 2032 owing to the growing emphasis on sustainability and environmental consciousness.
FlexForm Technologies, Green Dot Bioplastics, UPM-Kymmene Corporation, Trex Company, Inc, Fiberon LLC, Fiberon Composites, GreenCore Composites, Tecnaro GmbH are some prominent natural fiber composite providers