Biocomposites Market Synopsis

Biocomposites Market Size Was Valued at USD 31.34 Billion in 2022, and is Projected to Reach USD 88.15 Billion by 2030, Growing at a CAGR of 13.8% From 2023-2030.

Biocomposites are materials composed of two or more distinct constituents—a matrix and reinforcement—where at least one component is derived from renewable, biological sources. These materials are designed to combine the advantages of both constituents, leveraging the natural properties of bio-based materials to create innovative, sustainable alternatives. The matrix can be a polymer derived from plant-based sources such as starch, cellulose, or natural resins, while the reinforcement phase often includes natural fibers such as hemp, flax, or jute.

  • The applications of biocomposites span various industries, including automotive, construction, aerospace, and consumer goods. In automotive manufacturing, biocomposites are used to create interior parts, panels, and structural components, offering reduced weight, improved sustainability, and sometimes enhanced mechanical properties compared to traditional materials. Similarly, in construction, biocomposites find utility in creating durable yet eco-friendly building materials like bioplastic-based insulation or biofiber-reinforced concrete.
  • Currently, the market for biocomposites is experiencing notable growth due to increased emphasis on sustainability and environmental concerns across industries. The demand for eco-friendly materials, coupled with advancements in research and technology, has driven innovations in biocomposite formulations, enhancing their strength, durability, and versatility. Additionally, stringent regulations and consumer preferences for greener products have spurred manufacturers to explore and adopt biocomposites as viable alternatives to conventional materials, thereby contributing to the expansion of their market share in various sectors. The ongoing research focus involves developing cost-effective production methods, optimizing material properties, and exploring new bio-derived sources to further broaden the applications and commercial viability of biocomposites.

Biocomposites Market Trend Analysis

Increasing Demand for Lightweight Materials

  • Industries such as automotive, aerospace, and transportation are increasingly seeking materials that offer high strength while significantly reducing overall weight. Biocomposites, derived from natural fibers and bio-based polymers, serve as an attractive solution due to their inherent lightweight nature coupled with notable strength and durability.
  • In the automotive sector, for instance, reducing vehicle weight is crucial for improving fuel efficiency and reducing emissions. Biocomposites find applications in manufacturing interior components, body panels, and structural parts, offering a viable alternative to traditional materials such as steel or fiberglass. Similarly, in aerospace, where weight is a critical factor impacting fuel consumption and operational efficiency, biocomposites are gaining traction for manufacturing aircraft components, contributing to lighter aircraft designs without compromising on performance or safety standards.
  • The demand for lightweight materials is not solely driven by the transportation sector but extends to various consumer goods, packaging, and construction materials. Biocomposites' ability to offer a balance between lightweight properties, eco-friendliness, and structural integrity positions them as a sought-after choice for industries striving to meet stringent weight reduction targets while maintaining product quality and sustainability goals. As industries continue to prioritize lightweight solutions for enhanced efficiency and reduced environmental impact, the demand for biocomposites is expected to witness sustained growth.

Development of Advanced Bio-based Resins

  • The development of advanced bio-based resins represents a pivotal opportunity within the biocomposites market. These resins, derived from renewable sources like plant-based polymers or bio-waste, present a significant breakthrough in enhancing the performance and applicability of biocomposite materials. Their evolution allows for the creation of biocomposites with improved mechanical properties, durability, and versatility, catering to diverse industry needs.
  • Advanced bio-based resins offer a compelling solution to challenges previously faced by biocomposites, such as achieving comparable performance to traditional materials. Innovations in resin chemistry enable the customization of properties, allowing manufacturers to tailor biocomposites for specific applications, including automotive parts, structural components, and consumer goods. Moreover, these resins often exhibit characteristics like improved heat resistance, better adhesion, and enhanced biodegradability, aligning with the growing demand for sustainable materials.
  • This development not only expands the range of potential applications for biocomposites but also contributes significantly to sustainability efforts. The use of bio-based resins reduces dependency on fossil fuels and mitigates environmental impact, positioning biocomposites as an eco-friendlier alternative in various industries. As research and technology further refine these resins, unlocking their full potential, the market for biocomposites is poised to witness substantial growth, meeting the demands of both industries and environmentally conscious consumers.

Biocomposites Market Segment Analysis:

Biocomposites Market Segmented on the basis of fibers, polymer, product, process type, and end-use industry.

By Type, Wood Fiber Composites segment is expected to dominate the market during the forecast period

  • In the biocomposites market, the Wood Fiber Composites segment is anticipated to maintain dominance during the forecast period. This segment's prominence can be attributed to the widespread availability of wood fibers, coupled with their excellent mechanical properties and cost-effectiveness compared to other natural fibers. Wood fibre composites offer high strength-to-weight ratios, good thermal insulation, and durability, making them highly suitable for various applications across industries.
  • Industries such as construction, automotive, and consumer goods favour wood fibre composites due to their versatility and performance. These composites find extensive use in manufacturing decking, fencing, furniture, and building materials, among other products. Moreover, advancements in technology and manufacturing processes continually improve the quality and properties of wood fibre composites, further solidifying their market dominance.
  • The segment's dominance is also influenced by the growing emphasis on sustainability, as wood fibers are renewable resources, aligning with the market's increasing demand for eco-friendly materials. As a result, the Wood Fiber Composites segment is projected to maintain its leading position in the biocomposites market owing to its widespread applicability, performance attributes, and eco-friendly nature.

By Product, Hybrid segment held the largest market share of 73% in 2022

  • In the biocomposites market, the Hybrid segment has secured the largest market share due to its unique combination of different types of fibers and matrices, offering a blend of properties that cater to diverse industry needs. Hybrid biocomposites leverage the strengths of various natural fibers, such as wood, jute, hemp, or flax, in combination with different bio-based matrices or resins. This amalgamation allows for enhanced mechanical strength, improved durability, and tailored functionalities, surpassing the individual characteristics of single-component biocomposites.
  • Industries ranging from automotive to construction and consumer goods benefit from the versatility and performance advantages of hybrid biocomposites. These materials are utilized in manufacturing various components, including interior parts in automobiles, structural elements in buildings, and packaging solutions. The ability to customize properties like stiffness, impact resistance, and thermal stability to meet specific application requirements positions the Hybrid segment as a preferred choice across multiple industries.
  • Furthermore, the continual advancements in research and development focusing on optimizing hybrid combinations, along with their sustainable nature, contribute to their dominance in the biocomposites market. The versatility, combined properties, and adaptability of hybrid biocomposites make them a frontrunner, holding the largest market share and continuing to witness sustained growth and adoption.

Biocomposites Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period

  • Over the forecast period, the Asia Pacific region is poised to dominate the biocomposites market due to several key factors. The region's dominance is attributed to its rapid industrialization, increasing infrastructure development, and a burgeoning automotive sector. Countries such as China, India, Japan, and South Korea are experiencing significant demand for sustainable materials, driving the adoption of biocomposites in various industries.
  • The Asia Pacific region boasts a robust presence of raw materials required for biocomposite production, including abundant sources of natural fibers and a growing focus on utilizing renewable resources. Moreover, supportive government initiatives promoting sustainable practices and stringent environmental regulations are accelerating the adoption of eco-friendly materials, further fueling the market growth.
  • Additionally, rising consumer awareness regarding environmental conservation and the preference for sustainable products contribute to the escalating demand for biocomposites in applications such as construction, automotive manufacturing, and consumer goods production. With expanding industrial sectors and increasing emphasis on eco-friendly solutions, the Asia Pacific region is positioned to lead the biocomposites market during the forecast period.

Biocomposites Market Top Key Players:

  • Advanced Environmental Recycling Technologies Inc. (U.S.)
  • Anhui Guofeng Wood-Plastic Composite Co. Ltd. (China)
  • B. Composites Pvt.Ltd. (India)
  • Bcomp (Switzerland)
  • Colan Australia (Australia)
  • Composites Pvt.Ltd. (India)
  • Devold Amt (Norway)
  • Fiberon (U.S.)
  • Flexform Spa (U.S.)
  • G. Angeloni S.R.L (Italy)
  • Green Dot Corporation (U.S.)
  • Hualong New Material Lumber Co. Ltd. (China)
  • Kudoti Pty Ltd (South Africa)
  • Lingrove Inc, (U.S.)
  • Mcg Biocomposites Llc (U.S.)
  • Meshlin Composites Zrt (Hungary)
  • Nanjing Xuha Sundi New Building Materials Ltd. (China)
  • Rock West Composites, Inc (U.S.)
  • Rtp Company (U.S.)
  • Structeam (U.K.)
  • Taiyuan Heavy Industry Co., Ltd (China)
  • Talon Technology Co., Ltd (U.S.)
  • Tecnaro Gmbh (Germany)
  • Trex Company, Inc. (U.S.)
  • Ufp Industries, Inc., (U.S.)
  • Upm (Finland)
  • Yixing Hualong New Material Lumber Co. Ltd. (China) and Other Major Players

Key Industry Developments in the Biocomposites Market:

  • In April 2023, in a groundbreaking collaboration, BASF and SWISS KRONO Group are revolutionizing the wood-based panel industry. BASF introduces Kaurit® ZERO and Kauramin® BALANCE, pioneering biomass-balanced amino resins. SWISS KRONO Group becomes the inaugural wood-based material manufacturer to utilize Kauramin® BALANCE in their innovative biocomposite product. BASF empowers its wood-based panel industry customers with the ability to compute their products' CO2 footprint, marking a significant stride towards sustainability and eco-friendly production practices.
  • In September 2022, Nippon Paper Industries Co., Ltd. (Tokyo: 3863; President: NOZAWA Toru) and Mitsui Chemicals, Inc. are set to partner in the development of a new biocomposite with a high content of cellulose powder, a woody biomass material.

Global Biocomposites Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 31.34 Bn.

Forecast Period 2023-30 CAGR:

13.8 %

Market Size in 2030:

USD 88.15 Bn.

Segments Covered:

By Fibres

  • Wood Fiber Composites
  • Non-Wood Fiber Composites

By Polymer     

  • Synthetic
  • Natural

By Product

  • Hybrid
  • Green

By Process Type

  • Compression Molding
  • Injection Molding
  • Resin Transfer Molding
  • Others

By End Use

  • Construction
  • Automotive
  • Consumer Goods
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Demand for Lightweight Materials

Key Market Restraints:

  • Technological Limitations

Key Opportunities:

  • Development of Advanced Bio-based Resins

Companies Covered in the report:

  • Advanced Environmental Recycling Technologies Inc., Anhui Guofeng Wood-Plastic Composite Co. Ltd., B. Composites Pvt.Ltd, Bcomp, Colan Australia and Other Major Players.
  1. INTRODUCTION
    1. RESEARCH OBJECTIVES
    2. RESEARCH METHODOLOGY
    3. RESEARCH PROCESS
    4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
    5. MARKET SEGMENTATION
  2. EXECUTIVE SUMMARY
  3. MARKET OVERVIEW
  4. GROWTH OPPORTUNITIES BY SEGMENT
  5. MARKET LANDSCAPE
    1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
    2. INDUSTRY VALUE CHAIN ANALYSIS
    3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    4. MARKET TREND ANALYSIS
    5. REGULATORY LANDSCAPE
    6. PESTLE ANALYSIS
    7. PRICE TREND ANALYSIS
    8. PATENT ANALYSIS
    9. TECHNOLOGY EVALUATION
    10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
      1. Geopolitical Market Disruptions
      2. Supply Chain Disruptions
      3. Instability in Emerging Markets
    11. ECOSYSTEM
  6. BIOCOMPOSITES MARKET BY FIBERS (2016-2030)
    1. BIOCOMPOSITES MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. WOOD FIBER COMPOSITES
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. NON-WOOD FIBER COMPOSITES
  7. BIOCOMPOSITES MARKET BY POLYMER (2016-2030)
    1. BIOCOMPOSITES MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. SYNTHETIC
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. NATURAL
  8. BIOCOMPOSITES MARKET BY PRODUCT (2016-2030)
    1. BIOCOMPOSITES MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. HYBRID
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. GREEN
  9. BIOCOMPOSITES MARKET BY PROCESS TYPE (2016-2030)
    1. BIOCOMPOSITES MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. COMPRESSION MOLDING
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. INJECTION MOLDING
    5. RESIN TRANSFER MOLDING
    6. EXTRUSION MOLDING PROCESS
  10. BIOCOMPOSITES MARKET BY END USE INDUSTRY (2016-2030)
    1. BIOCOMPOSITES MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. AUTOMOBILE
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. MILITARY APPLICATION
    5. AEROSPACE
    6. BUILDING CONSTRUCTION
    7. CONSUMER GOODS
  11. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. BIOCOMPOSITES Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
    2. ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES INC. (U.S.)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
    3. ANHUI GUOFENG WOOD-PLASTIC COMPOSITE CO. LTD. (CHINA)
    4. B. COMPOSITES PVT.LTD. (INDIA)
    5. BCOMP (SWITZERLAND)
    6. COLAN AUSTRALIA (AUSTRALIA)
    7. COMPOSITES PVT.LTD. (INDIA)
    8. DEVOLD AMT (NORWAY)
    9. FIBERON (U.S.)
    10. FLEXFORM SPA (U.S.)
    11. G. ANGELONI S.R.L (ITALY)
    12. GREEN DOT CORPORATION (U.S.)
    13. HUALONG NEW MATERIAL LUMBER CO. LTD. (CHINA)
    14. KUDOTI PTY LTD (SOUTH AFRICA)
    15. LINGROVE INC, (U.S.)
    16. MCG BIOCOMPOSITES LLC (U.S.)
    17. MESHLIN COMPOSITES ZRT (HUNGARY)
    18. NANJING XUHA SUNDI NEW BUILDING MATERIALS LTD. (CHINA)
    19. ROCK WEST COMPOSITES, INC (U.S.)
    20. RTP COMPANY (U.S.)
    21. STRUCTEAM (U.K.)
    22. TAIYUAN HEAVY INDUSTRY CO., LTD (CHINA)
    23. TALON TECHNOLOGY CO., LTD (U.S.)
    24. TECNARO GMBH (GERMANY)
    25. TREX COMPANY, INC. (U.S.)
    26. UFP INDUSTRIES, INC., (U.S.)
    27. UPM (FINLAND)
    28. YIXING HUALONG NEW MATERIAL LUMBER CO. LTD. (CHINA)
  12. GLOBAL BIOCOMPOSITES MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By FIBERS
      4. Historic And Forecasted Market Size By POLYMER
      5. Historic And Forecasted Market Size By PRODUCT
      6. Historic And Forecasted Market Size By PROCESS TYPE
      7. Historic And Forecasted Market Size By END USE INDUSTRY
      8. Historic And Forecasted Market Size By Country
        1. USA
        2. Canada
        3. Mexico
    3. EASTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Russia
        2. Bulgaria
        3. The Czech Republic
        4. Hungary
        5. Poland
        6. Romania
        7. Rest Of Eastern Europe
    4. WESTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Germany
        2. United Kingdom
        3. France
        4. The Netherlands
        5. Italy
        6. Spain
        7. Rest Of Western Europe
    5. ASIA PACIFIC
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Malaysia
        6. Thailand
        7. Vietnam
        8. The Philippines
        9. Australia
        10. New-Zealand
        11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Turkey
        2. Bahrain
        3. Kuwait
        4. Saudi Arabia
        5. Qatar
        6. UAE
        7. Israel
        8. South Africa
    7. SOUTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
  13. INVESTMENT ANALYSIS
  14. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

Global Biocomposites Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 31.34 Bn.

Forecast Period 2023-30 CAGR:

13.8 %

Market Size in 2030:

USD 88.15 Bn.

Segments Covered:

By Fibres

  • Wood Fiber Composites
  • Non-Wood Fiber Composites

By Polymer     

  • Synthetic
  • Natural

By Product

  • Hybrid
  • Green

By Process Type

  • Compression Molding
  • Injection Molding
  • Resin Transfer Molding
  • Others

By End Use

  • Construction
  • Automotive
  • Consumer Goods
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Demand for Lightweight Materials

Key Market Restraints:

  • Technological Limitations

Key Opportunities:

  • Development of Advanced Bio-based Resins

Companies Covered in the report:

  • Advanced Environmental Recycling Technologies Inc., Anhui Guofeng Wood-Plastic Composite Co. Ltd., B. Composites Pvt.Ltd, Bcomp, Colan Australia and Other Major Players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. BIOCOMPOSITES MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. BIOCOMPOSITES MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. BIOCOMPOSITES MARKET COMPETITIVE RIVALRY
TABLE 005. BIOCOMPOSITES MARKET THREAT OF NEW ENTRANTS
TABLE 006. BIOCOMPOSITES MARKET THREAT OF SUBSTITUTES
TABLE 007. BIOCOMPOSITES MARKET BY TYPE
TABLE 008. WOOD FIBER MARKET OVERVIEW (2016-2028)
TABLE 009. NON-WOOD FIBER MARKET OVERVIEW (2016-2028)
TABLE 010. BIOCOMPOSITES MARKET BY PROCESS TYPE
TABLE 011. COMPRESSION MOLDING MARKET OVERVIEW (2016-2028)
TABLE 012. INJECTION MOLDING MARKET OVERVIEW (2016-2028)
TABLE 013. RESIN TRANSFER MOLDING MARKET OVERVIEW (2016-2028)
TABLE 014. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 015. BIOCOMPOSITES MARKET BY POLYMER
TABLE 016. SYNTHETIC POLYMER MARKET OVERVIEW (2016-2028)
TABLE 017. NATURAL POLYMER MARKET OVERVIEW (2016-2028)
TABLE 018. BIOCOMPOSITES MARKET BY END USE
TABLE 019. CONSTRUCTION MARKET OVERVIEW (2016-2028)
TABLE 020. AUTOMOTIVE MARKET OVERVIEW (2016-2028)
TABLE 021. CONSUMER GOODS MARKET OVERVIEW (2016-2028)
TABLE 022. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 023. NORTH AMERICA BIOCOMPOSITES MARKET, BY TYPE (2016-2028)
TABLE 024. NORTH AMERICA BIOCOMPOSITES MARKET, BY PROCESS TYPE (2016-2028)
TABLE 025. NORTH AMERICA BIOCOMPOSITES MARKET, BY POLYMER (2016-2028)
TABLE 026. NORTH AMERICA BIOCOMPOSITES MARKET, BY END USE (2016-2028)
TABLE 027. N BIOCOMPOSITES MARKET, BY COUNTRY (2016-2028)
TABLE 028. EUROPE BIOCOMPOSITES MARKET, BY TYPE (2016-2028)
TABLE 029. EUROPE BIOCOMPOSITES MARKET, BY PROCESS TYPE (2016-2028)
TABLE 030. EUROPE BIOCOMPOSITES MARKET, BY POLYMER (2016-2028)
TABLE 031. EUROPE BIOCOMPOSITES MARKET, BY END USE (2016-2028)
TABLE 032. BIOCOMPOSITES MARKET, BY COUNTRY (2016-2028)
TABLE 033. ASIA PACIFIC BIOCOMPOSITES MARKET, BY TYPE (2016-2028)
TABLE 034. ASIA PACIFIC BIOCOMPOSITES MARKET, BY PROCESS TYPE (2016-2028)
TABLE 035. ASIA PACIFIC BIOCOMPOSITES MARKET, BY POLYMER (2016-2028)
TABLE 036. ASIA PACIFIC BIOCOMPOSITES MARKET, BY END USE (2016-2028)
TABLE 037. BIOCOMPOSITES MARKET, BY COUNTRY (2016-2028)
TABLE 038. MIDDLE EAST & AFRICA BIOCOMPOSITES MARKET, BY TYPE (2016-2028)
TABLE 039. MIDDLE EAST & AFRICA BIOCOMPOSITES MARKET, BY PROCESS TYPE (2016-2028)
TABLE 040. MIDDLE EAST & AFRICA BIOCOMPOSITES MARKET, BY POLYMER (2016-2028)
TABLE 041. MIDDLE EAST & AFRICA BIOCOMPOSITES MARKET, BY END USE (2016-2028)
TABLE 042. BIOCOMPOSITES MARKET, BY COUNTRY (2016-2028)
TABLE 043. SOUTH AMERICA BIOCOMPOSITES MARKET, BY TYPE (2016-2028)
TABLE 044. SOUTH AMERICA BIOCOMPOSITES MARKET, BY PROCESS TYPE (2016-2028)
TABLE 045. SOUTH AMERICA BIOCOMPOSITES MARKET, BY POLYMER (2016-2028)
TABLE 046. SOUTH AMERICA BIOCOMPOSITES MARKET, BY END USE (2016-2028)
TABLE 047. BIOCOMPOSITES MARKET, BY COUNTRY (2016-2028)
TABLE 048. A B COMPOSITES PVT. LTD.: SNAPSHOT
TABLE 049. A B COMPOSITES PVT. LTD.: BUSINESS PERFORMANCE
TABLE 050. A B COMPOSITES PVT. LTD.: PRODUCT PORTFOLIO
TABLE 051. A B COMPOSITES PVT. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES INC.: SNAPSHOT
TABLE 052. ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES INC.: BUSINESS PERFORMANCE
TABLE 053. ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES INC.: PRODUCT PORTFOLIO
TABLE 054. ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. ALPAS SRL: SNAPSHOT
TABLE 055. ALPAS SRL: BUSINESS PERFORMANCE
TABLE 056. ALPAS SRL: PRODUCT PORTFOLIO
TABLE 057. ALPAS SRL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. ALSTONE: SNAPSHOT
TABLE 058. ALSTONE: BUSINESS PERFORMANCE
TABLE 059. ALSTONE: PRODUCT PORTFOLIO
TABLE 060. ALSTONE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. SOLAR IMPULSE FOUNDATION: SNAPSHOT
TABLE 061. SOLAR IMPULSE FOUNDATION: BUSINESS PERFORMANCE
TABLE 062. SOLAR IMPULSE FOUNDATION: PRODUCT PORTFOLIO
TABLE 063. SOLAR IMPULSE FOUNDATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. ANHUI HUIYUN WOOD PLASTIC COMPOSITE CO. LTD.: SNAPSHOT
TABLE 064. ANHUI HUIYUN WOOD PLASTIC COMPOSITE CO. LTD.: BUSINESS PERFORMANCE
TABLE 065. ANHUI HUIYUN WOOD PLASTIC COMPOSITE CO. LTD.: PRODUCT PORTFOLIO
TABLE 066. ANHUI HUIYUN WOOD PLASTIC COMPOSITE CO. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. BCOMP LTD.: SNAPSHOT
TABLE 067. BCOMP LTD.: BUSINESS PERFORMANCE
TABLE 068. BCOMP LTD.: PRODUCT PORTFOLIO
TABLE 069. BCOMP LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. FIBERON: SNAPSHOT
TABLE 070. FIBERON: BUSINESS PERFORMANCE
TABLE 071. FIBERON: PRODUCT PORTFOLIO
TABLE 072. FIBERON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. FLEXFORM TECHNOLOGIES: SNAPSHOT
TABLE 073. FLEXFORM TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 074. FLEXFORM TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 075. FLEXFORM TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. GREEN BAY DECKING LLC: SNAPSHOT
TABLE 076. GREEN BAY DECKING LLC: BUSINESS PERFORMANCE
TABLE 077. GREEN BAY DECKING LLC: PRODUCT PORTFOLIO
TABLE 078. GREEN BAY DECKING LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 078. HUANGSHAN HUASU NEW MATERIAL SCIENCE & TECHNOLOGY CO.LTD.: SNAPSHOT
TABLE 079. HUANGSHAN HUASU NEW MATERIAL SCIENCE & TECHNOLOGY CO.LTD.: BUSINESS PERFORMANCE
TABLE 080. HUANGSHAN HUASU NEW MATERIAL SCIENCE & TECHNOLOGY CO.LTD.: PRODUCT PORTFOLIO
TABLE 081. HUANGSHAN HUASU NEW MATERIAL SCIENCE & TECHNOLOGY CO.LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 081. JELU-WERK JOSEF EHRLER GMBH & CO. KG: SNAPSHOT
TABLE 082. JELU-WERK JOSEF EHRLER GMBH & CO. KG: BUSINESS PERFORMANCE
TABLE 083. JELU-WERK JOSEF EHRLER GMBH & CO. KG: PRODUCT PORTFOLIO
TABLE 084. JELU-WERK JOSEF EHRLER GMBH & CO. KG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 084. LINGROVE LLC.: SNAPSHOT
TABLE 085. LINGROVE LLC.: BUSINESS PERFORMANCE
TABLE 086. LINGROVE LLC.: PRODUCT PORTFOLIO
TABLE 087. LINGROVE LLC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 087. MCG BIOCOMPOSITES LLC.: SNAPSHOT
TABLE 088. MCG BIOCOMPOSITES LLC.: BUSINESS PERFORMANCE
TABLE 089. MCG BIOCOMPOSITES LLC.: PRODUCT PORTFOLIO
TABLE 090. MCG BIOCOMPOSITES LLC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 090. MESHLIN COMPOSITES ZRT: SNAPSHOT
TABLE 091. MESHLIN COMPOSITES ZRT: BUSINESS PERFORMANCE
TABLE 092. MESHLIN COMPOSITES ZRT: PRODUCT PORTFOLIO
TABLE 093. MESHLIN COMPOSITES ZRT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 093. NANJING JUFENG ADVANCED MATERIALS CO.LTD.: SNAPSHOT
TABLE 094. NANJING JUFENG ADVANCED MATERIALS CO.LTD.: BUSINESS PERFORMANCE
TABLE 095. NANJING JUFENG ADVANCED MATERIALS CO.LTD.: PRODUCT PORTFOLIO
TABLE 096. NANJING JUFENG ADVANCED MATERIALS CO.LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 096. NANJING XUHUA SUNDI NEW BUILDING MATERIALS CO.LTD: SNAPSHOT
TABLE 097. NANJING XUHUA SUNDI NEW BUILDING MATERIALS CO.LTD: BUSINESS PERFORMANCE
TABLE 098. NANJING XUHUA SUNDI NEW BUILDING MATERIALS CO.LTD: PRODUCT PORTFOLIO
TABLE 099. NANJING XUHUA SUNDI NEW BUILDING MATERIALS CO.LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 099. NEWTECHWOOD AMERICA INC.: SNAPSHOT
TABLE 100. NEWTECHWOOD AMERICA INC.: BUSINESS PERFORMANCE
TABLE 101. NEWTECHWOOD AMERICA INC.: PRODUCT PORTFOLIO
TABLE 102. NEWTECHWOOD AMERICA INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 102. POLYVLIES- FRANZ BEYER – GMBH: SNAPSHOT
TABLE 103. POLYVLIES- FRANZ BEYER – GMBH: BUSINESS PERFORMANCE
TABLE 104. POLYVLIES- FRANZ BEYER – GMBH: PRODUCT PORTFOLIO
TABLE 105. POLYVLIES- FRANZ BEYER – GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 105. SAIGE LONGLIFE DECKING LTD.: SNAPSHOT
TABLE 106. SAIGE LONGLIFE DECKING LTD.: BUSINESS PERFORMANCE
TABLE 107. SAIGE LONGLIFE DECKING LTD.: PRODUCT PORTFOLIO
TABLE 108. SAIGE LONGLIFE DECKING LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 108. TRIFILON AB: SNAPSHOT
TABLE 109. TRIFILON AB: BUSINESS PERFORMANCE
TABLE 110. TRIFILON AB: PRODUCT PORTFOLIO
TABLE 111. TRIFILON AB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 111. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 112. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 113. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 114. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. BIOCOMPOSITES MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. BIOCOMPOSITES MARKET OVERVIEW BY TYPE
FIGURE 012. WOOD FIBER MARKET OVERVIEW (2016-2028)
FIGURE 013. NON-WOOD FIBER MARKET OVERVIEW (2016-2028)
FIGURE 014. BIOCOMPOSITES MARKET OVERVIEW BY PROCESS TYPE
FIGURE 015. COMPRESSION MOLDING MARKET OVERVIEW (2016-2028)
FIGURE 016. INJECTION MOLDING MARKET OVERVIEW (2016-2028)
FIGURE 017. RESIN TRANSFER MOLDING MARKET OVERVIEW (2016-2028)
FIGURE 018. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 019. BIOCOMPOSITES MARKET OVERVIEW BY POLYMER
FIGURE 020. SYNTHETIC POLYMER MARKET OVERVIEW (2016-2028)
FIGURE 021. NATURAL POLYMER MARKET OVERVIEW (2016-2028)
FIGURE 022. BIOCOMPOSITES MARKET OVERVIEW BY END USE
FIGURE 023. CONSTRUCTION MARKET OVERVIEW (2016-2028)
FIGURE 024. AUTOMOTIVE MARKET OVERVIEW (2016-2028)
FIGURE 025. CONSUMER GOODS MARKET OVERVIEW (2016-2028)
FIGURE 026. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 027. NORTH AMERICA BIOCOMPOSITES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. EUROPE BIOCOMPOSITES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. ASIA PACIFIC BIOCOMPOSITES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. MIDDLE EAST & AFRICA BIOCOMPOSITES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. SOUTH AMERICA BIOCOMPOSITES MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Biocomposites Market research report?

The forecast period in the Biocomposites Market research report is 2023-2030.

Who are the key players in the Biocomposites Market?

Advanced Environmental Recycling Technologies Inc. (U.S.), Anhui Guofeng Wood-Plastic Composite Co. Ltd. (China), B. Composites Pvt.Ltd. (India), Bcomp (Switzerland), Colan Australia (Australia), Composites Pvt.Ltd. (India), Devold Amt (Norway), Fiberon (U.S.), Flexform Spa (U.S.), G. Angeloni S.R.L (Italy), Green Dot Corporation (U.S.), Hualong New Material Lumber Co. Ltd. (China), Kudoti Pty Ltd (South Africa), Lingrove Inc, (U.S.), Mcg Biocomposites Llc (U.S.), Meshlin Composites Zrt (Hungary), Nanjing Xuha Sundi New Building Materials Ltd. (China), Rock West Composites, Inc (U.S.), Rtp Company (U.S.), Structeam (U.K.), Taiyuan Heavy Industry Co.,Ltd (China), Talon Technology Co.,Ltd (U.S.), Tecnaro Gmbh (Germany), Trex Company, Inc. (U.S.), Ufp Industries, Inc., (U.S.), Upm (Finland), Yixing Hualong New Material Lumber Co. Ltd. (China) and Other Major Players.

What are the segments of the Biocomposites Market?

The Biocomposites Market is segmented into Fibers, Polymers, Product, Process Type, End Use Industry, and region. By Fibers, the market is categorized into Wood Fiber Composites and Non-Wood Fiber Composites. By Polymer, the market is categorized into Synthetic and Natural. By Product, the market is categorized into Hybrid and Green. By Process Type, the market is categorized into Compression Molding, Injection Molding, Resin Transfer Molding and Extrusion molding process. By End Use Industry, the market is categorized into Automobile, Military Application, Aerospace, Building Construction and Consumer Goods. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Biocomposites Market?

Biocomposites are materials composed of two or more distinct constituents—a matrix and reinforcement—where at least one component is derived from renewable, biological sources. These materials are designed to combine the advantages of both constituents, leveraging the natural properties of bio-based materials to create innovative, sustainable alternatives. The matrix can be a polymer derived from plant-based sources such as starch, cellulose, or natural resins, while the reinforcement phase often includes natural fibers such as hemp, flax, or jute.

How big is the Biocomposites Market?

Biocomposites Market Size Was Valued at USD 31.34 Billion in 2022, and is Projected to Reach USD 88.15 Billion by 2030, Growing at a CAGR of 13.8% From 2023-2030.