Global Natural Fiber-reinforced Plastics (NFRP) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Thermoplastics and Thermosets.

By Fiber;

Flax, Cotton, Jute, Sisal, Ramie, Coir and Banana.

By End-User;

Automotive, Building & Construction, Aerospace and Sports & Leisure.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn327298781 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Natural Fiber-reinforced Plastics (NFRP) Market (USD Million), 2021 - 2031

In the year 2024, the Global Natural Fiber-reinforced Plastics (NFRP) Market was valued at USD 5484.84 million. The size of this market is expected to increase to USD 9400.06 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.0%.

The global Natural Fiber-Reinforced Plastics (NFRP) market represents a burgeoning sector within the broader composite materials industry. NFRPs are composites where natural fibers, such as hemp, flax, jute, and bamboo, are used to reinforce plastic matrices. This innovative approach leverages the sustainability and eco-friendliness of natural fibers to enhance the mechanical properties and reduce the environmental impact of traditional plastic materials.

The market for NFRPs is driven by growing environmental concerns and a shift towards sustainable manufacturing practices. As industries increasingly seek alternatives to synthetic fibers and petroleum-based plastics, NFRPs offer a viable solution due to their biodegradability, lower carbon footprint, and renewable nature. The automotive, construction, and consumer goods sectors are leading the adoption of NFRPs, attracted by their lightweight, high strength, and cost-effective properties.

Technological advancements and ongoing research in natural fibers and polymer matrices continue to expand the capabilities and applications of NFRPs. The integration of these materials into mainstream manufacturing processes is supported by supportive regulatory frameworks and consumer demand for green products. As awareness of environmental issues and sustainability grows, the NFRP market is expected to experience significant growth, transforming industries and contributing to a more sustainable future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Fiber
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global Natural Fiber-reinforced Plastics (NFRP) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Durability Issues

        2. Product Innovation

        3. Limited Availability

        4. Consumer Demand

      2. Restraints
        1. High Cost

        2. Processing Challenges

        3. Market Penetration

        4. Performance Limitations

      3. Opportunities
        1. Automotive Industry

        2. Building & Construction

        3. Consumer Awareness

        4. Government Incentives

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Natural Fiber-reinforced Plastics (NFRP) Market, By Type, 2021 - 2031 (USD Million)
      1. Thermoplastics
      2. Thermosets
    2. Global Natural Fiber-reinforced Plastics (NFRP) Market, By Fiber, 2021 - 2031 (USD Million)
      1. Flax
      2. Cotton
      3. Jute
      4. Sisal
      5. Ramie
      6. Coir
      7. Banana
    3. Global Natural Fiber-reinforced Plastics (NFRP) Market, By End-User, 2021 - 2031 (USD Million)
      1. Automotive
      2. Building & Construction
      3. Aerospace
      4. Sports & Leisure
    4. Global Natural Fiber-reinforced Plastics (NFRP) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea ASEAN (Association of South East Asian Countries)
        6. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AMORIM
      2. Tecnaro GmbH
      3. Advanced Compounding Rudolstadt GmbH
      4. UPM
      5. TORAY INDUSTRIES, INC
      6. TEIJIN LIMITED
      7. Mitsubishi Chemical Corporation
      8. SGL Carbon
      9. Formosa Plastics Corporation
      10. U.S.A., Hexcel Corporation
      11. Jiangsu Hengshen Company Limited
      12. Zhongfu Shenying Carbon Fiber Co.,Ltd
      13. DowAksa Advanced Composites Holdings BV
      14. PolyOne Corporation
  7. Analyst Views
  8. Future Outlook of the Market