Natural Fiber Composites Companies

The natural fiber composites market is projected to grow from USD 0.35 billion in 2024 to USD 0.46 billion by 2029, at a CAGR of 5.3% during the forecast period.

Natural Fiber Composites Companies

The key drivers of the natural fiber composites market are the growing environmental awareness and sustainability. The major shift towards sustainable solutions is increasing the demand for eco-friendly composite materials. With the increasing carbon emissions, the OEMs are adopting natural fiber composites rather than glass fiber and carbon fiber composites to reduce environmental footprint. Companies like Polyvlies Franz Beyer GmbH, TECNARO GMBH, FlexForm Technologies, Bcomp, NPSP BV are strategically positioning themselves in the natural fiber composites market by increasing the production capacities of the natural fiber composites to fulfill the need from automotive and building & construction industry. Major automobile manufacturers such as Ford, BMW, Audi, Mercedes Benz, Volkswagen are adopting natural fiber composites to reduce the weight of the vehicles and contribute to sustainability by replacing traditional materials in trim parts such as body panels, cabin lining, seat backs, dashboard trays. In the following years, the automotive industry will continue to focus on a better supply chain that reduces CO2 emissions besides providing improved fuel efficiency. The growth in this sector is likely to drive the demand for natural fiber composites rapidly.

To know about the assumptions considered for the study download the pdf brochure

The major players active in the natural fiber composites market are based in North America, Europe, and Asia Pacific region. Polyvlies Franz Beyer GmbH (Germany), TECNARO GMBH (Germany), FlexForm Technologies (US), Meshlin Composites Zrt. (Hungary), GreenGran BN (China), BUSS AG (Switzerland), Green Dot Bioplastics, Inc. (US), NPSP BV (Netherlands), Bcomp (Switzerland), BPREG Composites (Turkey), Weifang Yunding Holding Group Co., Ltd. (China), Holland Composites (Netherlands), MYNUSCo (India), HempFlax Group B.V. (Netherlands), and UPM (Finland), are among a few leading players operating in the natural fiber composites market. Significant attention has been dedicated to developing cost-effective manufacturing processes in the natural fiber composites market to meet evolving global demands. Key players have implemented various growth strategies to solidify their market position. These strategies encompass contracts, partnerships, mergers and acquisitions, and, production capacity expansions, all aimed at enhancing their presence in the natural fiber composites market.

Polyvlies Franz Beyer GmbH (Germany)

Polyvlies Franz Beyer GmbH was established in 1850 as a subsidiary of Polyvlies Group. It is a leading German manufacturer of nonwovens and technical textiles for a wide range of applications in the automotive, construction, agriculture, and the home textiles sectors. The company is increasingly integrating renewable raw materials such as flax, hemp, kenaf, jute, sisal, wool, and cotton to produce high quality natural fiber composites under the brand name Narodur, and Naroplast. Polyvlies Franz Beyer GmbH is committed to expanding the applications of its products and breaking through limitations, constantly pushing boundaries and operates its business in Saxony, France, Slovakia, and the US to gain strong customer base and contribute to the market growth.

Bcomp (Switzerland)

Bcomp was founded in 2011 in Fribourg, Switzerland, and specializes in the predominant manufacture of natural fiber composites to provide sustainable light weight solutions for high performance applications such as automotive interiors to the highest levels of motorsports, from luxury yachting to sports, infrastructure, aerospace, and even space. The company offers two natural fiber reinforced composites ampliTex, and powerRibs that helps in reducing the environmental impact in a wide range of high-performance applications, and decarbonize the world. Bcomp collaborated closely with industry leaders from different markets to help them work with their natural fibre composite solutions in the best possible way and optimise their products for the most efficient and widely used production processes.

FlexForm Technologies (US)

FlexForm Technologies is a US based manufacturer that began its operation from its 55,000 square foot facility in Elkhart, Indiana. It deals in the development and manufacture of nonwoven natural fiber composite mats and panel products. The company offers strong, lightweight, moldable, and completely recyclable composite materials that serve various end-use industries, including automotive, office interiors, aircraft, recreational vehicles, trucks, commercial vehicles, absorbency, modular housing, and packaging. FlexForm Technologies announced its expansion into the South Korean market through the acquisition of FlexForm Korea Ltd.

Related Reports:

Natural Fiber Composites Market by Type (Flax, Kenaf, Hemp), Resin Type (PP, PE, PA), Manufacturing Process (Compression Molding, Injection Molding), End-Use Industry (Automotive, Building & Construction), and Region - Global Forecast to 2029