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.
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