Carrollton, TX -- (SBWire) --11/08/2011 --Natural fiber composites are largely driven by increasing environmental awareness. Due to low cost, low density, acceptable specific properties, ease of separation, enhanced energy recovery, CO2 neutrality, biodegradability, and recyclable properties, natural fiber use in composites is gaining greater attention and demand is growing for component materials that are durable, reliable, lightweight, and with good mechanical properties that are significantly better than those of traditional materials.
According to Lucintel’s report the “Natural Fiber Composites Market Trend and Forecast 2011–2016: Trend, Forecast and Opportunity Analysis” in 2010, total global natural fiber composite materials market shipments topped 430.7 million pounds with a value of US $289.3 million. The market is expected to grow to US $531.3 million in 2016 with an 11% CAGR over the next five years.
Natural fiber composites (NFCs) are used in a variety of markets such as automotive, construction, E&E, and more. Europe was the top continent in terms of total NFC consumption; Asia is emerging as a big market for NFCs due to the rapidly increasing demand in China and India. In the future, Lucintel expects higher market fragmentation due to emerging economies. Future markets are anticipated to be highly competitive and companies with innovative capabilities can thrive and gain market share.
The report extensively looks at recent industry trends, as well as future opportunities along with an invaluable aid to sales and marketing professionals in, or interested in the industry. In addition, the report analyzes the market sizes and trends, market structures, market by material type and various applications
This unique report from Lucintel is expected to provide you valuable information, insights and tools needed to identify new growth opportunities and operate your business successfully in this market. This report is estimated to save hundreds of hours of your own personal research time and significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find to keep ahead in your business.
To make business, investment, or strategic decisions, you need timely and adequate information. This market report fulfills this core need and is an indispensable reference guide for multi-national material suppliers, product manufacturers, investors, executives, and many more, who are dealing with this market.
Some of the features of “Natural Fiber Composites Market Trend and Forecast 2011–2016: Trend, Forecast and Opportunity Analysis” are-
• Natural fiber composites industry analysis based on Porter’s Five Forces Model
• Advantages and disadvantages of natural fibers
• Growth trends for last five years and forecasts for next five years
• Analyses about major drivers & challenges for natural fiber \
• Growth opportunities and emerging applications of natural fiber composites
• 60 valuable figures/charts and 22 tables are provided in this 112 page report
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that help facilitate critical decisions with greater speed, insight, and cost efficiency. To find out more, please visit http://www.lucintel.com.
About Lucintel
Lucintel provides world class business intelligence and cutting edge decision support services in the area of Carbon Fiber Market and Composite Materials. Our domain experts specialize in market entry strategies, strategic growth consulting, opportunity screening, competitive benchmarking, M & A, due diligence, market analysis and forecasting. Let Lucintel help you make better data driven strategic decisions. Lucintel has access to hundreds of market reports, which can be used to drive your business decisions.
Natural Fiber Composites Market Trend and Forecast 2011–2016: Trend, Forecast and Opportunity Analysis
According to Lucintel’s report the “Natural Fiber Composites Market Trend and Forecast 2011–2016: Trend, Forecast and Opportunity Analysis” in 2010, total global natural fiber composite materials market shipments topped 430.7 million pounds with a value of US $289.3 million. The market is expected to grow to US $531.3 million in 2016 with an 11% CAGR over the next five years.