The global market for Natural Fiber
Composites is projected to reach US$8.5 billion by 2025, driven by the growing focus
on environmental sustainability and the ensuing search for safer and natural alternatives
for traditionally engineered materials. The world is gradually moving towards a
circular economy in response to the growing pressure to address pollution,
global warming and climate change. The manufacturing industry as a result is coming
under intense pressure to reduce its carbon footprint and develop a sustainable
value chain for raw material supply, while simultaneously meet the challenges
of intensifying competition. The industry has made measurable progress in the transition
to bio-based products. Several natural and renewable materials have been
successfully developed to replace current petroleum-derived products. As the environmental
cost of manufacturing using non-renewable resources increase there will be a parallel
increase in the commercial value of natural products and feedstocks given their
extraordinary value-addition in preserving the environment. As demand for advanced composites in
manufacturing grows, natural fiber composites (NFCs) are attractively positioned
to tap into this opportunity. Defined as reinforcing fibers derived from natural
origin such as wood, plants and animals, NFCs are CO2 neutral. Developments in chemical
and physical treatment methods are vital to ensure the efficiency and final
performance and properties of the natural fiber composites. To manipulate and customize
the properties of NFCs, agro fibers are often integrated with plastics. Synthetic
fibers such as glass fibers in polymer composites can be replaced by NFCs to
improve their eco-friendly profile. Read More…
The Global Market for Surfing is Projected to Reach US$9.5 Billion by 2022
Rise of Surfing as a Lifestyle Sport Among all Age Groups Drives the Global Surfing Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Surfing market. The global market for Surfing is projected to reach US$9.5 billion by 2022 , driven by the growing interest in surfing both as a leisure and sporting activity, increased accessibility to surfing through surf parks and surf pools and technology innovations focused on developing sophisticated surf-wear and surf-gear. Surfing is a surface water sport where a participant riding a board (the surfboard) is carried away by a breaking wave. The surfing industry continues to evolve, driven by sustained efforts of s...
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