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 driven by increasing environmental regulations, consumer demand for eco-friendly products, and technological advancements in bio-composite manufacturing across key industries like automotive and construction.

As manufacturers worldwide shift toward circular economy models, natural fiber composites are becoming critical alternatives to traditional materials. This report profiles the Top 10 Companies in the Natural Fiber Composite Material Industry – innovators transforming sustainability in material science through fiber technology and bio-based solutions.

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🔟 1. UPM Biocomposites

Headquarters: Helsinki, Finland
Key Offering: UPM Formi EcoAce wood-plastic composites

UPM leads in sustainable wood-fiber composites, converting industrial side streams into high-performance materials for construction, furniture, and automotive applications with carbon-negative production.

Sustainability Initiatives:

• 100% utilization of wood industry by-products

• Closed-loop production with 60% lower CO2 than conventional materials

• Pioneer in cradle-to-cradle certified composites

Download FREE Sample Report: Natural Fiber Composite Material Market – Detailed Research Report

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9️⃣ 2. TenCate (Toray Advanced Composites)

Headquarters: Almelo, Netherlands
Key Offering: TC-NF natural fiber thermoplastic composites

A Toray company, TenCate develops advanced aerospace-grade composites combining plant fibers with high-performance polymers for structural applications in transportation and industrial markets.

Sustainability Initiatives:

• 40% bio-based resin formulations

• Industry-leading fiber-matrix adhesion technology

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8️⃣ 3. Solvay Group (Cytec)

Headquarters: Brussels, Belgium
Key Offering: EkoCore® honeycomb cores with natural fiber facings

Solvay’s engineered materials deliver lightweight, high-strength solutions featuring paper-based honeycomb structures with plant fiber reinforcements for transportation and industrial applications.

Sustainability Initiatives:

• Fully recyclable composite systems

• 70% reduced CO2 footprint versus conventional composites

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7️⃣ 4. Bond Laminates (Lanxess)

Headquarters: Brilon, Germany
Key Offering: Tepex Natural Fiber composites

Specializing in continuous fiber-reinforced thermoplastics, Bond Laminates integrates flax, hemp and other fibers into structural components for automotive OEMs including BMW and Mercedes-Benz.

Sustainability Initiatives:

• Bio-based polyamide 6 and 10 matrix materials

• Crash-resistant door panels in BMW i-series vehicles

Download FREE Sample Report: Natural Fiber Composite Material Market – Detailed Research Report

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6️⃣ 5. PolyOne Corporation

Headquarters: Avon Lake, Ohio, USA
Key Offering: ReSound NF natural fiber compounds

PolyOne engineers customized composite formulations blending 20-50% natural fibers with thermoplastics for consumer goods, electronics, and industrial applications.

Sustainability Initiatives:

• Proprietary additives enhancing fiber-matrix bonding

• 30% lighter than conventional materials

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5️⃣ 6. AXIA Materials

Headquarters: Seoul, South Korea
Key Offering: High-performance natural fiber prepregs

AXIA specializes in advanced prepreg materials combining natural fibers with bio-resins for aerospace and premium automotive applications requiring fire resistance and thermal stability.

Sustainability Initiatives:

• Developed UL94 V-0 rated natural composites

• Strategic partnerships with Korean automakers

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4️⃣ 7. QIYI Technology

Headquarters: Shanghai, China
Key Offering: Bamboo fiber reinforced composites

As China’s bamboo composite leader, QIYI produces cost-effective alternatives to fiberglass for packaging, construction panels, and consumer products through localized supply chains.

Sustainability Initiatives:

• 30% cost reduction versus glass fiber composites

• Rapidly renewable bamboo feedstock

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3️⃣ 8. Celanese Corporation

Headquarters: Irving, Texas, USA
Key Offering: Celstran® NFRP long fiber thermoplastics

Celanese engineers hybrid composites combining natural fibers with technical polymers for automotive under-the-hood applications and electrical components requiring heat resistance.

Sustainability Initiatives:

• Hybrid fiber formulations balancing performance/sustainability

• 25% weight reduction in automotive applications

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2️⃣ 9. Toho Tenax (Teijin Group)

Headquarters: Tokyo, Japan
Key Offering: Natural-carbon fiber hybrid composites

Toho Tenax pioneers high-performance natural fiber composites enhanced with carbon fiber for premium automotive and sporting goods applications.

Sustainability Initiatives:

• 30-50% natural fiber content in structural composites

• Advanced surface treatment technologies

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1️⃣ 10. Covestro AG

Headquarters: Leverkusen, Germany
Key Offering: Bio-based resin systems for natural fiber composites

Covestro develops polyurethane and epoxy resins specifically engineered for compatibility with plant fibers, improving composite performance in humid conditions.

Sustainability Initiatives:

• Partial bio-based resin chemistries

• Moisture-resistant formulations for exterior applications

Get Full Report Here: Natural Fiber Composite Material Market – Detailed Research Report

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🌍 Market Outlook: Sustainable Composites Redefining Material Science

The natural fiber composite sector is experiencing transformative growth as industries adopt these materials for their environmental and performance benefits, with key developments including:

📈 Key Industry Trends:

• Automotive interior applications expanding from door panels to structural components

• Increased use of hybrid natural/synthetic fiber systems for demanding applications

• EU regulations mandating recycled/bio-based content in consumer products

• Advancements in fiber treatment improving moisture resistance and durability

Download FREE Sample Report: Natural Fiber Composite Material Market – Detailed Research Report

The companies profiled represent the vanguard of sustainable material innovation—transforming agricultural byproducts into high-performance solutions that reduce environmental impact across industries.

Get Full Report Here: Natural Fiber Composite Material Market – Detailed Research Report