The Global Agrifiber Products Market Estimated At US$1.8 Billion In The Year 2021, Growing At A CAGR Of 5.1% Over The Analysis Period 2022-2030.

Agrifiber Products Market Overview:

Agrofibre products are in increasing demand as they have commercially advantageous properties compared to wood fiber based products. Compared to wood fiber products, agrofibre products have relatively higher strength, are available at a competitive price, have relatively high dimensional stability, are light in weight (up to 20% lighter) and do not cause environmental problems. The most important attribute is the LEED (Leadership in Energy and Environmental Design) credit contribution from each manufacturer or supplier profile. Therefore, most manufacturers and suppliers prefer agricultural fiber products over wood-based products. These commercially beneficial and environmentally friendly attributes of agri-textile products are expected to lead to the growth of the global agro-textile products market in the coming years. These products are also made from renewable resources and are recognized as user-friendly green building products. This factor could also fuel the global agri-textile products market in the future.

Numerous aspects have influenced the growth of the global agri-textile products market. Booming construction sector, growing green building concept, increasing use of agrotextiles in the residential sector, emergence of lightweight panel boards, rising agricultural waste and residues fueling overall demand for agrotextile products, trend towards recycling of agrotextile products, Structural changes in the wood panel industry, rapid infrastructure modernization and increase in agricultural output combined with high demand for affordable furniture are fueling the growth of the global agri-textile products market. Economic considerations, high cost, lack of low-level manufacturing and lack of awareness while producing agri-textile products are hampering the growth of the global market.

Agrifiber Products market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Agrifiber Products market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Major Market Segments Covered in Agrifiber Products Industry Research:

Market Key Players:
ASSA ABLOY, Masonite, Chappell Door Company, Agriboard International, TorZo Surfaces, Sind Particle Board Mills, And Others.

By Type:

• Flooring
• Wall Panel & Boards
• Door Cores
• Veneer
• Others

By Application:

• Industrial
• Institutional
• Residential
• Commercial
• Other

By Region:

North America is expected to remain a major market for agritextile products during the forecast period. Its dominance in this area can be attributed to factors such as increased construction activity in urban areas and increased manufacturing demand due to its high strength-to-weight ratio compared to other materials such as concrete and steel.

Latin America is the fastest-growing market for agri-textile products. This may be due to increased awareness of the benefits of using these materials among architects, builders and consumers across the region. The European market is expected to grow moderately over the forecast period. The growth of this market can be attributed to increased construction activities in countries such as Germany, France, and United Kingdom.

Asia Pacific is expected to be the fastest-growing market for agricultural textile products during the forecast period. This can be attributed primarily to factors such as rising levels of disposable income and increasing demand from end-use industries such as construction, automobiles and furniture manufacturing.

The Middle East & Africa region is expected to witness sluggish growth during the forecast period. This may be because factors such as political instability in countries such as Syria and Iraq have slowed economic growth across the region. However, there is a growing trend toward renewable energy sources for power generation that will drive the demand for agri-textile products over the forecast period.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Growth Factors:

- Increased demand from end-use industries such as construction, automotive and furniture manufacturing.

- There is a growing trend to use renewable energy sources for power generation.

- There is growing awareness of the benefits of using these materials among architects, builders and consumers across the region.

- The level of disposable income in developing countries is rising.

Agrifiber Products Market report scope:

Report Attributes	Details
Growth Rate	CAGR of 5.06% from 2022 to 2030.
By Type	Flooring, Wall Panel & Boards, Door Cores, Veneer, Others
By Application	Industrial, Institutional, Residential, Commercial
By Companies	ASSA ABLOY, Masonite, Chappell Door Company, Agriboard International, TorZo Surfaces, Sind Particle Board Mills
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Crucial POints from this Agrifiber Products Report

• Estimate Agrifiber Products market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Agrifiber Products market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Agrifiber Products market?

The Agrifiber Products Market is growing at a CAGR of 5.06% During Forecast Period.

 What are the key types of Agrifiber Products market?

Flooring, Wall Panel & Boards, Door Cores, Veneer, Others

What are the key applications of Agrifiber Products market?

Industrial, Institutional, Residential, Commercial                     

Who are the key players in Agrifiber Products market?

ASSA ABLOY, Masonite, Chappell Door Company, Agriboard International, TorZo Surfaces, Sind Particle Board Mills, And others.