Market Size The Natural Fiber Composite Market was valued at about US$ 327.0 million in 2023 and is projected to reach around US$ 494.3 million by 2031, with a Compound Annual Growth Rate (CAGR) of approximately 5.3% from 2024 to 2031. This indicates that the market is expected to grow steadily during this period, driven by increasing demand from industries focused on...

Natural Fiber Composite Market Size The Global Natural Fiber Composite Market reached US$ 327.0 million in 2023 and is expected to attain approximately US$ 494.3 million by 2031, registering a CAGR of ~5.3% during the forecast period 2024–2031. Natural fiber composites (NFCs) polymer matrices reinforced with renewable fibers such as jute, flax, hemp, kenaf, sisal, and wood-fibers are...