Natural Fiber Composites Market Size, Share & Trends Analysis Report And Segment Forecasts, 2025 – 2030

The global natural fiber composites market size was estimated at USD 9.44 billion in 2024 and is projected to reach USD 18.65 billion by 2030, growing at a CAGR of 12.0% from 2025 to 2030. Chief among market drivers is the heightened focus on sustainability and environmental awareness.
Key Market Trends & Insights
- North America natural fiber composites market dominated the global market with a revenue share of 48.6% in 2024.
- The natural fiber composites market in the U.S. dominated North America with the largest revenue share in 2024.
- By raw material, wood dominated the market and accounted for a share of 58.9% in 2024,
- By matrix, inorganic compounds held the largest revenue share of 42.0% in 2024.
- By technology, compression molding led the market with a revenue share of 76.5% in 2024.
Market Size & Forecast
- 2024 Market Size: USD 9.44 Billion
- 2030 Projected Market Size: USD 18.65 Billion
- CAGR (2025-2030): 12.0%
- North America: Largest market in 2024
- Asia Pacific: Fastest growing market
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As consumers and industries prioritize reducing their ecological impact, the demand for eco-friendly materials has risen significantly. Natural fibers, being biodegradable and renewable, offer a compelling alternative to less sustainable traditional synthetic composites, enhancing the appeal of natural fiber composites (NFC) across various sectors.
Governments worldwide have implemented stricter environmental regulations and initiated initiatives aimed at promoting sustainable manufacturing practices. This policy framework is particularly influential in industries such as automotive and construction, where compliance with environmental standards is paramount. These regulations incentivize the use of natural fiber composites and reinforce the market’s momentum as companies seek to align their operations with evolving legal requirements.
With superior strength, stiffness, and excellent thermal and acoustic insulation properties, NFCs are well-suited for a variety of applications ranging from automotive parts to construction materials and consumer goods. Manufacturers are keen to leverage these attributes, knowing that integrating natural fiber composites into their product offerings can result in enhanced performance while maintaining a commitment to sustainability.
Natural Fiber Composites Market Report Scope
Report Attribute |
Details |
Market size value in 2025 |
USD 10.57 billion |
Revenue forecast in 2030 |
USD 18.65 billion |
Growth rate |
CAGR of 12.0% from 2025 to 2030 |
Base year for estimation |
2024 |
Historical data |
2018 – 2023 |
Forecast period |
2025 – 2030 |
Quantitative units |
Volume in kilotons, revenue in USD million/billion and CAGR from 2025 to 2030 |
Report coverage |
Volume and revenue forecast, company ranking, competitive landscape, growth factors, trends |
Segments covered |
Raw material, matrix, technology, application, region |
Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country scope |
U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India |
Key companies profiled |
Flexform SpA; Procotex; TECNARO GMBH; UPM; Trex Company, Inc.; Bcomp; Polyvlies Franz Beyer GmbH; Green Dot Bioplastics |
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |