The Global Natural Fiber Composite Material Market was valued at USD 5.72 Billion in 2024 and is projected to reach USD 8.98 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period (2024–2030). This growth is fueled by increasing demand for sustainable materials across automotive, construction, and aerospace sectors, coupled with stringent environmental regulations promoting biodegradable alternatives.
As industries transition toward eco-friendly solutions, natural fiber composites emerge as a viable replacement for synthetic materials. These composites combine natural fibers like hemp, flax, or jute with polymer matrices to deliver lightweight, durable, and sustainable products. In this blog, we profile the Top 10 Companies in the Natural Fiber Composite Material Industry—pioneers driving innovation and market adoption.
🔟 1. TenCate (now Toray Advanced Composites)
Headquarters: Nijverdal, Netherlands
Key Offering: Thermoplastic & thermoset natural fiber composites
TenCate, acquired by Toray in 2018, specializes in advanced composite materials with a strong focus on natural fiber solutions. Their EcoComposites line offers lightweight, high-performance materials for automotive interiors and consumer goods.
Sustainability Initiatives:
- Closed-loop recycling programs for composite waste
- Bio-based resin development for reduced carbon footprint
- Partnerships with automotive OEMs for sustainable components
Download FREE Sample Report: Natural Fiber Composite Material Market – View in Detailed Research Report
9️⃣ 2. Cytec Solvay Group
