Lucintel Anticipates Natural Fiber Composites Market to Grow at a CAGR of 11.2% during 2014-2019

Natural fiber composites market is expected to grow at a CAGR of 11.2% during 2014-2019. The major drivers of natural fiber composites market are increasing penetration of natural fiber composites materials in automotive industry to take advantage of light weight, recyclability, sound insulation, and encouragement from various governments to market bio-composites product to protect human health and environment. Increasing demand from building and construction, and electrical/electronic industries are also driving the natural fiber composites market.

Lucintel, a leading global management consulting and market research firm has analyzed the global natural fiber composites market by various segments and regions, and has come up with a comprehensive research report “Global Natural Fiber Composites Market 2014-2019: Trends, Forecast, and Opportunity Analysis”. This report provides an analysis of natural fiber composites market including analysis of market trend, competitive landscape, company profiles, emerging trend, and key drivers of industry growth. The study also includes global natural fiber composites market forecasts through 2019, segmented by regions, by market, and by manufacturing process as follows:

Global natural fiber composites market by regions:

•         North America
•         Europe
•          Rest of World

Global natural fiber composites segmented by market:

•          Automotive
•         Building and Construction
•          Others

Global natural fiber composites market by manufacturing process:

•          Compression molding
•         Injection molding
•         Others

On the basis of its comprehensive market research for composites, Lucintel forecasts that natural fiber composites market is expected to depict a high growth during 2014-2019. Automotive market will remain the largest segment in terms of both value and volume during the forecast period. Rising penetration of natural fiber composites in automotive interiors to reduce the overall weight of the vehicle in order to achieve better fuel efficiency is the major driving force of the industry. FlexForm Technologies, Tecnaro GmbH, Procotex SA Corporation NV, GreenGran B.V., and FiberGran GmbH & Co. KG., are some of the suppliers of natural fiber composite materials for various applications.

This 147-pages research report will enable you to make confident business decisions in natural fiber composites industry. For a detailed table of contents and pricing information on these timely, insightful reports, click on this link  http://www.lucintel.com/reports/chemical_composites/global_natural_fiber_composites_market_2014-2019_trends_forecast_and_opportunity_analysis_june_2014.aspx or contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat in its website to answer your questions in real time.

About Lucintel

Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M & A and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.