Competitive Landscape in the Natural Fiber Composites Market: Innovations, Key Players, and Strategic Moves
The global natural fiber composites market size was USD 5.20 Billion in 2022 and is expected to register a rapid revenue CAGR of 12.5% during the forecast period. Increasing need for eco-friendly and bio-based composite materials in the aerospace and automotive sectors for lightweight materials and rising demand for Electric Vehicles (EVs) are key factors driving market revenue growth.
The...
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