Summary

The natural fiber composites market is estimated at USD 0.35 billion in 2024 and is projected to reach USD 0.46 billion by 2029, at a CAGR of 5.3% from 2024 to 2029. Flax fiber is a lustrous and flexible natural fiber that possess advanced mechanical properties such as high strength and stiffness, low density, durability, biodegradability, and have the ability to absorb moisture and dry quickly which makes them particularly useful for application in automotive, building & construction, and other end-use industries.

‘‘In terms of value, PP resin type accounted for the largest share of the overall natural fiber composites market.’’

In 2023, PP resin type in natural fiber composites market have the largest market share due to their ability to produce natural fiber reinforced composites. As compared to other resin types, PP possess advanced mechanical properties such as high heat distortion temperature, transparency, flame resistance, and excellent dimensional stability, so it is widely used for fabrication of composites. PP is becoming increasingly in demand due to its increasing consumption in various end-use industries including automotive, building & construction, electrical & electronics, consumer goods, and packaging.

‘‘In terms of value, compression molding segment accounted for the largest share of the overall natural fiber composites market.’’

Compression molding manufacturing process is projected to be the fastest-growing segment in natural fiber composites market, due to its advantages over other manufacturing process. This manufacturing technique is mostly used for low volume production due to its cost effectiveness, lesser wastage of raw materials, lower tooling cost, shorter cycle rates, and the ability to produce larger parts. It can produce heavy and intricate complex parts with good surface finish and is highly suitable for high-performance applications in automotive, and building & construction industry. Natural fiber composites are produced under specific temperatures and pressure in compression molding process.


“During the forecast period, the natural fiber composites market in automotive industry is projected to be the fastest growing end-use industry.”
During the forecast period from 2024 to 2029, the automotive industry is expected to be the fastest-growing end-use industry in the natural fiber composites market. The demand for natural composites is rising in automotive industry due to growing government rules & regulations to adopt natural fiber composites to reduce carbon footprint and promote sustainability. Top leading automobile manufactures have already adopted natural fiber composites for designing interior and exterior parts of vehicles mainly in seat backs, parcel shelves, boot linens, front & rear door linens, truck linens, and door-trim panels. Ford was the first automotive company to adopt natural fiber composites for the vehicle production using hemp natural fiber. Recently, EV manufactures are also adopting natural fiber composites to reduce weight of the vehicles, pushing the growth in the automotive industry at a very rapid pace.
“During the forecast period, the natural fiber composites market in Europe region is projected to be the largest region.”
Europe is the largest market for natural fiber composites because of its strong demand from automotive, and building & construction sector, which is a driving factor for high-performance materials such as natural fiber composites. The region is dominated by large automotive manufacturers, Audi, BMW, Volvo Group, which have comprehensive use of natural fiber composites in exterior and interior parts of vehicles. BMW i Ventures has invested in Swiss based natural fiber composites manufacturer, Bcomp for high performance natural fiber composite parts for its various car models, this investment promotes increased demand for natural fiber composites in automotive industry. Second, Europe has a major natural fiber composite manufacturing companies such as Polyvlies Franz Beyer Gmbh (Germany), Meshlin Composites Zrt. (Hungary), BUSS AG (Switzerland), NPSP BV (Netherlands), Bcomp (Switzerland), Holland Composites (Netherlands), Hempflax Group B.V. (Netherlands), and UPM (Finland) that drives the demand and potentially expands its market shares.
This study has been validated through primary interviews with industry experts globally. These primary sources have been divided into the following three categories:
• By Company Type- Tier 1- 60%, Tier 2- 20%, and Tier 3- 20%
• By Designation- C Level- 33%, Director Level- 33%, and Managers- 34%
• By Region- North America- 20%, Europe- 25%, Asia Pacific- 25%, Rest of the World (RoW)-30%
The report provides a comprehensive analysis of company profiles:
Prominent companies 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).
Research Coverage

This research report categorizes the natural fiber composites market By Type (Flax, Kenaf, Hemp, and Other Types), By Resin Type (PP, PE, PA and Other Resin Types), By Manufacturing Process (Compression Molding, Injection Molding, and Other Manufacturing Processes), End-Use Industry (Automotive, Building & Construction, and Other End-Use Industries), Region (North America, Europe, Asia Pacific, and Rest of the World). The scope of the report includes detailed information about the major factors influencing the growth of the natural fiber composites market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted in order to provide insights into their business overview, solutions, and services, key strategies, contracts, partnerships, and agreements. Product launches, mergers and acquisitions, and recent developments in the natural fiber composites market are all covered. This report includes a competitive analysis of upcoming startups in the natural fiber composites market ecosystem.
Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall natural fiber composites market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:

• Analysis of key drivers (Increasing demand for lightweight and fuel-efficient vehicles), restraints (Fluctuating costs, availability, and quality of raw materials), opportunities (Increasing adoption of 3D printing for natural fiber composites manufacturing), and challenges (Low thermal stability & high moisture absorption) influencing the growth of the natural fiber composites market

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and service launches in the natural fiber composites market.

• Market Development: Comprehensive information about lucrative markets – the report analyses the natural fiber composites market across varied regions.

• Market Diversification: Exhaustive information about services, untapped geographies, recent developments, and investments in the natural fiber composites market

• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like 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), UPM (Finland), among others in the natural fiber composites market.

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Table of Contents

1 INTRODUCTION 27
1.1 STUDY OBJECTIVES 27
1.2 MARKET DEFINITION 27
1.3 STUDY SCOPE 28
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 28
1.3.2 INCLUSIONS AND EXCLUSIONS 29
1.3.3 YEARS CONSIDERED 29
1.3.4 CURRENCY CONSIDERED 30
1.3.5 UNITS CONSIDERED 30
1.4 LIMITATIONS 30
1.5 STAKEHOLDERS 30
1.6 SUMMARY OF CHANGES 31
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH APPROACH 32
2.2 RESEARCH DATA 33
2.2.1 SECONDARY DATA 33
2.2.1.1 Key data from secondary sources 33
2.2.2 PRIMARY DATA 34
2.2.2.1 Key data from primary sources 34
2.2.2.2 List of key primary interview participants 34
2.2.2.3 Breakdown of interviews with experts 35
2.2.2.4 Key industry insights 35
2.3 MARKET SIZE ESTIMATION 36
2.3.1 BOTTOM-UP APPROACH 36
2.3.2 TOP-DOWN APPROACH 37
2.4 BASE NUMBER CALCULATION 37
2.4.1 APPROACH 1: SUPPLY-SIDE ANALYSIS 37
2.4.2 APPROACH 2: DEMAND-SIDE ANALYSIS 38
2.5 FORECAST NUMBER CALCULATION 38
2.5.1 SUPPLY SIDE 38
2.5.2 DEMAND SIDE 38
2.6 DATA TRIANGULATION 39
2.7 FACTOR ANALYSIS 40
2.8 RESEARCH ASSUMPTIONS 40
2.9 GROWTH RATE ASSUMPTIONS/FORECAST 41
2.10 LIMITATIONS 41
2.11 RISKS ASSOCIATED WITH NATURAL FIBER COMPOSITES MARKET 41
3 EXECUTIVE SUMMARY 42
4 PREMIUM INSIGHTS 46
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NATURAL FIBER COMPOSITES MARKET 46
4.2 NATURAL FIBER COMPOSITES MARKET, BY TYPE AND REGION 47
4.3 NATURAL FIBER COMPOSITES MARKET, BY RESIN TYPE 47
4.4 NATURAL FIBER COMPOSITES MARKET, BY MANUFACTURING PROCESS 48
4.5 NATURAL FIBER COMPOSITES MARKET, BY END-USE INDUSTRY 48
4.6 NATURAL FIBER COMPOSITES MARKET, BY COUNTRY 49
5 MARKET OVERVIEW 50
5.1 MARKET DYNAMICS 50
5.1.1 DRIVERS 51
5.1.1.1 Increasing demand for lightweight and fuel-efficient vehicles 51
5.1.1.2 Growing government regulations regarding environmentally
friendly materials 51
5.1.1.3 Recyclability and sustainability 51
5.1.2 RESTRAINTS 52
5.1.2.1 Lower durability compared to synthetic fiber composites 52
5.1.2.2 Fluctuating costs, availability, and quality of raw materials 52
5.1.3 OPPORTUNITIES 52
5.1.3.1 Growing use of natural fiber composites for household furniture 52
5.1.3.2 Increasing adoption of 3D printing for manufacturing natural fiber composites 53
5.1.4 CHALLENGES 53
5.1.4.1 Low thermal stability and high moisture absorption 53
5.1.4.2 Dominance of glass fiber composites 53
5.2 PORTER’S FIVE FORCES ANALYSIS 54
5.2.1 THREAT OF NEW ENTRANTS 54
5.2.2 THREAT OF SUBSTITUTES 55
5.2.3 BARGAINING POWER OF SUPPLIERS 55
5.2.4 BARGAINING POWER OF BUYERS 55
5.2.5 INTENSITY OF COMPETITIVE RIVALRY 55
5.3 KEY STAKEHOLDERS AND BUYING CRITERIA 56
5.3.1 KEY STAKEHOLDERS IN BUYING PROCESS 56
5.3.2 BUYING CRITERIA 57
5.4 SUPPLY CHAIN ANALYSIS 57
5.5 ECOSYSTEM ANALYSIS 59
5.6 PRICING ANALYSIS 60
5.6.1 AVERAGE SELLING PRICE OF KEY PLAYERS, BY END-USE INDUSTRY, 2023 60
5.6.2 AVERAGE SELLING PRICE TREND, BY TYPE, 2020–2023 61
5.6.3 AVERAGE SELLING PRICE TREND, BY RESIN TYPE, 2020–2023 61
5.6.4 AVERAGE SELLING PRICE TREND, BY MANUFACTURING
PROCESS, 2020–2023 62
5.6.5 AVERAGE SELLING PRICE TREND, BY END-USE INDUSTRY, 2020–2023 62
5.6.6 AVERAGE SELLING PRICE TREND, BY REGION, 2020–2023 63
5.7 VALUE CHAIN ANALYSIS 64
5.8 TRADE ANALYSIS 64
5.8.1 EXPORT SCENARIO (HS CODE 530110) 64
5.8.2 IMPORT SCENARIO (HS CODE 530110) 66
5.9 TECHNOLOGY ANALYSIS 67
5.9.1 KEY TECHNOLOGIES FOR NATURAL FIBER COMPOSITE
MANUFACTURING PROCESSES 67
5.9.2 TECHNOLOGY ANALYSIS FOR HAND LAYUP PROCESS 67
5.9.3 TECHNOLOGY ANALYSIS FOR COMPRESSION MOLDING 68
5.9.4 TECHNOLOGY ANALYSIS FOR INJECTION MOLDING 68
5.9.5 TECHNOLOGY ANALYSIS FOR ADDITIVE MANUFACTURING (3D PRINTING) 68
5.9.6 COMPLEMENTARY TECHNOLOGIES FOR LATEST MANUFACTURING PROCESS OF NATURAL FIBER COMPOSITES 69
5.9.7 ADJACENT TECHNOLOGIES FOR LATEST MANUFACTURING PROCESS
OF NATURAL FIBER COMPOSITES 69
5.10 IMPACT OF AI/GEN AI ON NATURAL FIBER COMPOSITES MARKET 70
5.10.1 TOP APPLICATIONS AND MARKET POTENTIAL 70
5.10.2 CASE STUDIES OF AI IMPLEMENTATION IN NATURAL FIBER
COMPOSITES MARKET 70
5.11 MACROECONOMIC OUTLOOK 71
5.11.1 INTRODUCTION 71
5.11.2 GDP TRENDS AND FORECAST 71
5.11.3 TRENDS IN GLOBAL AUTOMOTIVE INDUSTRY 72
5.11.4 TRENDS IN GLOBAL BUILDING & CONSTRUCTION INDUSTRY 72
5.12 PATENT ANALYSIS 73
5.12.1 INTRODUCTION 73
5.12.2 METHODOLOGY 73
5.12.3 PATENT TYPES 73
5.12.4 INSIGHTS 74
5.12.5 LEGAL STATUS 75
5.12.6 JURISDICTION ANALYSIS 75
5.12.7 TOP APPLICANTS 76
5.13 REGULATORY LANDSCAPE 78
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND
OTHER ORGANIZATIONS 78
5.14 RECYCLABILITY AND SUSTAINABLE END-OF-LIFE SOLUTIONS FOR NATURAL
FIBER COMPOSITES 80
5.14.1 RECYCLABILITY OF NATURAL FIBER COMPOSITES 80
5.14.1.1 Mechanical recycling 80
5.14.1.2 Thermal recycling 81
5.14.2 SUSTAINABLE END-OF-LIFE SOLUTIONS 81
5.14.2.1 Digital product passport 81
5.14.2.2 Consumer engagement 81
5.15 KEY CONFERENCES AND EVENTS IN 2024–2025 82
5.16 CASE STUDY ANALYSIS 83
5.16.1 KURZ PARTNERSHIP WITH POLYVLIES NATURAL FIBER COMPOSITE
FOR AUTOMOTIVE INTERIORS 83
5.16.2 KORDSA EXPANDS INTO BIOCOMPOSITES WITH INVESTMENT
IN BPREG COMPOSITES 84
5.16.3 GREEN DOT BIOPLASTICS, INC. TEAMS UP WITH MAYCO INTERNATIONAL
FOR ECO-FRIENDLY FIBER PROJECT 84
5.17 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 85
5.18 INVESTMENT AND FUNDING SCENARIO 86
6 NATURAL FIBER COMPOSITES MARKET, BY TYPE 87
6.1 INTRODUCTION 88
6.2 FLAX 90
6.2.1 COST-EFFECTIVENESS AND RENEWABILITY TO FUEL MARKET 90
6.3 KENAF 91
6.3.1 RISING DEMAND FOR NON-TOXIC AND BIODEGRADABLE FIBER
TO PROPEL MARKET 91
6.4 HEMP 93
6.4.1 HIGH STRENGTH AND STIFFNESS TO DRIVE MARKET 93
6.5 OTHER TYPES 94
7 NATURAL FIBER COMPOSITES MARKET, BY RESIN TYPE 97
7.1 INTRODUCTION 98
7.2 PP 100
7.2.1 EXCELLENT STRENGTH-TO-WEIGHT RATIO TO DRIVE ADOPTION 100
7.3 PE 101
7.3.1 HIGHER CRYSTALLINITY AND RIGIDITY TO FUEL DEMAND 101
7.4 PA 103
7.4.1 GROWING DEMAND FOR INDUSTRIAL APPLICATIONS TO DRIVE MARKET 103
7.5 OTHER RESIN TYPES 104
8 NATURAL FIBER COMPOSITES MARKET, BY MANUFACTURING PROCESS 107
8.1 INTRODUCTION 108
8.2 COMPRESSION MOLDING 110
8.2.1 COST-EFFECTIVE MANUFACTURE OF HEAVY AND COMPLEX OBJECTS
WITH SUPERIOR SURFACE POLISH TO BOOST MARKET 110
8.3 INJECTION MOLDING 111
8.3.1 LOW-COST TOOLING AND HIGH VOLUME PRODUCTION TO PROPEL DEMAND 111
8.4 OTHER MANUFACTURING PROCESSES 113
9 NATURAL FIBER COMPOSITES MARKET, BY END-USE INDUSTRY 115
9.1 INTRODUCTION 116
9.2 AUTOMOTIVE 118
9.2.1 GROWING DEMAND FOR LIGHTWEIGHT VEHICLES TO PROPEL MARKET 118
9.3 BUILDING & CONSTRUCTION 120
9.3.1 DEMAND FOR LIGHTWEIGHT AND COST-EFFECTIVE LOAD-BEARING APPLICATIONS TO DRIVE MARKET 120
9.4 OTHER END-USE INDUSTRIES 122
10 NATURAL FIBER COMPOSITES MARKET, BY REGION 125
10.1 INTRODUCTION 126
10.2 NORTH AMERICA 128
10.2.1 US 135
10.2.1.1 High demand for lightweight and sustainable natural fiber
composite materials to drive market 135
10.2.2 CANADA 136
10.2.2.1 Presence of composite and component manufacturers to
propel market 136
10.3 EUROPE 138
10.3.1 GERMANY 145
10.3.1.1 Presence of large number of premium automakers to drive demand 145
10.3.2 FRANCE 147
10.3.2.1 Increasing demand from high-end car manufacturers to
support market growth 147
10.3.3 UK 148
10.3.3.1 Expanding electric vehicle industry to create growth opportunities
for market players 148
10.3.4 NETHERLANDS 150
10.3.4.1 Established natural fiber composite manufacturers to drive market 150
10.3.5 REST OF EUROPE 151
10.4 ASIA PACIFIC 153
10.4.1 CHINA 160
10.4.1.1 Growing demand for EVs to fuel demand 160
10.4.2 JAPAN 162
10.4.2.1 Widely established automotive industry to drive market 162
10.4.3 SOUTH KOREA 163
10.4.3.1 Growing shift toward sustainable materials to reduce
carbon emissions 163
10.4.4 INDIA 165
10.4.4.1 Increasing production of vehicles to support market growth 165
10.4.5 REST OF ASIA PACIFIC 167
 
10.5 REST OF THE WORLD 168
10.5.1 MEXICO 175
10.5.1.1 Growing utilization in automotive industry to fuel demand 175
10.5.2 BRAZIL 177
10.5.2.1 Low-cost and sustainable construction materials to drive market 177
10.5.3 ARGENTINA 178
10.5.3.1 Increasing infrastructural projects to drive market 178
10.5.4 OTHER COUNTRIES 180
11 COMPETITIVE LANDSCAPE 182
11.1 OVERVIEW 182
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 182
11.3 MARKET SHARE ANALYSIS. 2023 184
11.4 BRAND/PRODUCT COMPARATIVE ANALYSIS 186
11.4.1 NATURAL FIBER COMPOSITES MARKET: BRAND/PRODUCT
COMPARATIVE ANALYSIS 186
11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 187
11.5.1 STARS 187
11.5.2 EMERGING LEADERS 187
11.5.3 PERVASIVE PLAYERS 188
11.5.4 PARTICIPANTS 188
11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 189
11.5.5.1 Company footprint 189
11.5.5.2 Region footprint 190
11.5.5.3 Type footprint 191
11.5.5.4 Resin type footprint 192
11.5.5.5 Manufacturing process footprint 193
11.5.5.6 End-use industry footprint 194
11.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 195
11.6.1 PROGRESSIVE COMPANIES 195
11.6.2 RESPONSIVE COMPANIES 195
11.6.3 DYNAMIC COMPANIES 195
11.6.4 STARTING BLOCKS 195
11.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 196
11.6.5.1 Detailed list of key startups/SMEs 196
11.6.5.2 Competitive benchmarking of key startups/SMEs 197
11.7 COMPANY VALUATION AND FINANCIAL METRICS 198
11.8 COMPETITIVE SCENARIO 199
11.8.1 DEALS 199
 
12 COMPANY PROFILES 201
12.1 KEY COMPANIES 201
12.1.1 POLYVLIES FRANZ BEYER GMBH 201
12.1.1.1 Business overview 201
12.1.1.2 Products/Solutions/Services offered 201
12.1.1.3 MnM view 202
12.1.1.3.1 Right to win 202
12.1.1.3.2 Strategic choices 202
12.1.1.3.3 Weaknesses and competitive threats 202
12.1.2 TECNARO GMBH 203
12.1.2.1 Business overview 203
12.1.2.2 Products/Solutions/Services offered 203
12.1.2.3 Recent developments 204
12.1.2.3.1 Deals 204
12.1.2.4 MnM view 204
12.1.2.4.1 Right to win 204
12.1.2.4.2 Strategic choices 204
12.1.2.4.3 Weaknesses and competitive threats 204
12.1.3 FLEXFORM TECHNOLOGIES 205
12.1.3.1 Business overview 205
12.1.3.2 Products/Solutions/Services offered 205
12.1.3.3 MnM view 206
12.1.3.3.1 Right to win 206
12.1.3.3.2 Strategic choices 206
12.1.3.3.3 Weaknesses and competitive threats 206
12.1.4 MESHLIN COMPOSITES ZRT. 207
12.1.4.1 Business overview 207
12.1.4.2 Products/Solutions/Services offered 207
12.1.4.3 MnM view 208
12.1.4.3.1 Right to win 208
12.1.4.3.2 Strategic choices 208
12.1.4.3.3 Weaknesses and competitive threats 208
12.1.5 GREENGRAN BN 209
12.1.5.1 Business overview 209
12.1.5.2 Products/Solutions/Services offered 209
12.1.5.3 MnM view 210
12.1.5.3.1 Right to win 210
12.1.5.3.2 Strategic choices 210
12.1.5.3.3 Weaknesses and competitive threats 210
12.1.6 BUSS AG 211
12.1.6.1 Business overview 211
12.1.6.2 Products/Solutions/Services offered 211
12.1.6.3 MnM view 212
12.1.6.3.1 Right to win 212
12.1.6.3.2 Strategic choices 212
12.1.6.3.3 Weaknesses and competitive threats 212
12.1.7 GREEN DOT BIOPLASTICS, INC. 213
12.1.7.1 Business overview 213
12.1.7.2 Products/Solutions/Services offered 213
12.1.7.3 Recent developments 214
12.1.7.3.1 Deals 214
12.1.7.4 MnM view 214
12.1.7.4.1 Right to win 214
12.1.7.4.2 Strategic choices 214
12.1.7.4.3 Weaknesses and competitive threats 214
12.1.8 NPSP BV 215
12.1.8.1 Business overview 215
12.1.8.2 Products/Solutions/Services offered 215
12.1.8.3 Recent developments 216
12.1.8.3.1 Deals 216
12.1.8.4 MnM view 216
12.1.8.4.1 Right to win 216
12.1.8.4.2 Strategic choices 216
12.1.8.4.3 Weaknesses and competitive threats 216
12.1.9 BCOMP 217
12.1.9.1 Business overview 217
12.1.9.2 Products/Solutions/Services offered 217
12.1.9.3 Recent developments 218
12.1.9.3.1 Deals 218
12.1.9.4 MnM view 218
12.1.9.4.1 Right to win 218
12.1.9.4.2 Strategic choices 218
12.1.9.4.3 Weaknesses and competitive threats 218
12.1.10 BPREG COMPOSITES 219
12.1.10.1 Business overview 219
12.1.10.2 Products/Solutions/Services offered 219
12.1.10.3 MnM view 220
12.1.10.3.1 Right to win 220
12.1.10.3.2 Strategic choices 220
12.1.10.3.3 Weaknesses and competitive threats 220
12.1.11 WEIFANG YUNDING HOLDING GROUP CO., LTD. 221
12.1.11.1 Business overview 221
12.1.11.2 Products/Solutions/Services offered 221
 
12.1.11.3 MnM view 222
12.1.11.3.1 Right to win 222
12.1.11.3.2 Strategic choices 222
12.1.11.3.3 Weaknesses and competitive threats 222
12.1.12 HOLLAND COMPOSITES 223
12.1.12.1 Business overview 223
12.1.12.2 Products/Solutions/Services offered 223
12.1.12.3 MnM view 224
12.1.12.3.1 Right to win 224
12.1.12.3.2 Strategic choices 224
12.1.12.3.3 Weaknesses and competitive threats 224
12.1.13 MYNUSCO 225
12.1.13.1 Business overview 225
12.1.13.2 Products/Solutions/Services offered 225
12.1.13.3 Recent developments 226
12.1.13.3.1 Deals 226
12.1.13.4 MnM view 226
12.1.13.4.1 Right to win 226
12.1.13.4.2 Strategic choices 226
12.1.13.4.3 Weaknesses and competitive threats 226
12.1.14 HEMPLFLAX GROUP B.V. 227
12.1.14.1 Business overview 227
12.1.14.2 Products/Solutions/Services offered 227
12.1.14.3 MnM view 228
12.1.14.3.1 Right to win 228
12.1.14.3.2 Strategic choices 228
12.1.14.3.3 Weaknesses and competitive threats 228
12.1.15 UPM 229
12.1.15.1 Business overview 229
12.1.15.2 Products/Solutions/Services offered 230
12.1.15.3 MnM view 231
12.1.15.3.1 Right to win 231
12.1.15.3.2 Strategic choices 231
12.1.15.3.3 Weaknesses and competitive threats 231
12.2 OTHER PLAYERS 232
12.2.1 BIOWERT INDUSTRIE GMBH 232
12.2.2 J. RETTENMAIER & SOHNE GMBH + CO KG 232
12.2.3 ENVIRONMENTAL COMPOSITES 233
12.2.4 A B COMPOSITES PVT.LTD 233
12.2.5 BAMD COMPOSITES 234
 
12.2.6 GODAVARI BIOREFINERIES LTD. 234
12.2.7 POLIFIBRAS 235
12.2.8 COMPOSITECH GREENSOL 235
12.2.9 PROCOTEX 236
12.2.10 JELU-WERK J. EHRLER GMBH & CO. KG 236
13 APPENDIX 237
13.1 DISCUSSION GUIDE 237
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 239
13.3 CUSTOMIZATION OPTIONS 241
13.4 RELATED REPORTS 241
13.5 AUTHOR DETAILS 242