Global Agrifiber Products Market is Expected to Thrive at a CAGR of 5.1% by 2023
A recent report by KD market insights titled as "Agrifiber Products Market - By Product Type (Door Cores, Flooring, Veneer, Wall Panel, Boards, Others), By Application (Residential, Commercial, Institutional, Industrial), By Raw Material Sources (Coconut Husk, Wheat and Rice Straw, Sugarcane Bagasse, Sunflower Husk, Others) & Global Region - Market Size, Share, Trends and Forecast 2018-2023" provides the key trends, opportunities and challenges market will face in the forecasted period of 6 years i.e. 2018-2023. The study also provides the Agrifiber Products Market competitors share and region wise analysis around the globe.
Agrifiber is created from agricultural byproduct left on fields following harvest. Fiber is obtained, harvested and manufactured from the all-natural, rapidly renewable byproducts to create Agrifiber particleboard. Agrifiber is being considered as a green building product and used in sustainable construction methods. The market for Agrifiber products is growing constantly over the years and was totaled at a value of USD XXX Million in 2018. The global Agrifiber Products Market is expected to thrive at a CAGR of 5.1% during the forecast period to reach a valuation of USD XXX Million by 2023.
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Growth Drivers & Restraints:
Agrifiber’s popularity is rising at an unprecedented rate owing to rising environmental concerns across all industries. This rising environmental awareness is a key reason which is why the demand for greener products is getting stronger with time. Agrifibers are eco-friendlier and are being appreciated in the number of industries including construction, food, medical and others. Apart from this, Agrifiber ingredients deliver a variety of functional, nutritional, and economic advantages to product formulation. These Agrifiber products offer a variety of benefits to each industry in terms of their application. Agrifibers are being strongly adopted in construction industry owing to several factors such as rising sustainable construction practices and strong demand for green building materials. Also, these building products are stronger, lighter and less expensive than mineral cores. Such advantages of Agrifibers are also baking their demand in the constructions industry.
Furthermore, other factors which are aiding the growth of the global Agrifiber products market are burgeoning construction sector, growing concept of green buildings, increasing use of Agrifiber in the residential sector, the introduction of lightweight panel boards, rising agricultural waste and residue propelling the overall demand for Agrifiber products. Moreover, the trend of recycling of Agrifiber products, structural changes in the wood panel industry, rapid infrastructure modernization coupled with high demand for affordable furniture and increasing agricultural output are also enhancing the growth of the global Agrifiber products market.However, economic considerations while producing Agrifiber products, lack of low tier manufacturing and less awareness are restricting the growth of the global Agrifiber products market.
Segmentation
The research offers a comprehensive analysis of Agrifiber Products Market with respect to following sub-markets:
By Product Type
Door Cores
Flooring
Veneer
Wall Panel
Boards
Others
By Application
Residential
Commercial
Institutional
Industrial
By Raw Material Sources
Coconut Husk
Wheat and Rice Straw
Sugarcane Bagasse
Sunflower Husk
Others
By Geography
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as:
ASSA ABLOY
Masonite
Chappell Door Company
Agriboard International
TorZo Surfaces
Sind Particle Board Mills
Wanhua Ecoboard
Lexington Manufacturing
KIREI USA
Lambton Doors
Other Prominent Players
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Table of Contents@
Research Methodology
Market Definition and List of Abbreviations
Executive Summary
Growth Drivers & Barriers in Global Agrifiber Products Market
Global Agrifiber Products Market Trends
Opportunities in Global Agrifiber Products Market
Recent Industry Activities, 2018
Porter's Five Forces Analysis
Global Agrifiber Products Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8. Global Agrifiber Products Market Segmentation Analysis, By Product Type
8.1. Introduction
8.2. Market Attractiveness, By Product Type
8.3. BPS Analysis, By Product Type
8.4. Door Cores Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.5. Flooring Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.6. Veneer Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.7. Wall Panel Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.8. Boards Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.9. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9. Global Agrifiber Products Market Segmentation Analysis, By Application
9.1. Introduction
9.2. Market Attractiveness, By Application
9.3. BPS Analysis, By Application
9.4. Residential Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.5. Commercial Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.6. Institutional Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.7. Industrial Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10. Global Agrifiber Products Market Segmentation Analysis, By Raw Material Sources
10.1. Introduction
10.2. Market Attractiveness, By Raw Material Sources
10.3. BPS Analysis, By Raw Material Sources
10.4. Coconut Husk Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.5. Wheat and Rice Straw Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.6. Sugarcane Bagasse Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.7. Sunflower Husk Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.8. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
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