Biocomposite is a composite material formed by a matrix and a reinforcement of natural fibers.
High growth of bio composites market is owing to the stringent regulations imposed by government on the use of plastics globally, as they are non-biodegradable. Moreover, the increasing preference of bio-composites over plastic composites as they are safe to handle in comparison to glass fibres coupled with the widespread adoption of bio-composites as they can be easily recycled or biodegraded, is expected to drive the market during the forecast period.
In 2019, the market size of Bio-Composites is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bio-Composites.
This report studies the global market size of Bio-Composites, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Bio-Composites production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Trex
UPM
Universal Forest Products
Flexform Technologies
Tecnaro
Jelu-Werk
Green Bay Decking
Fiberon
Meshlin Composites ZRT
Alpas
Market Segment by Product Type
Wood Fiber
Non-Wood Fiber
Market Segment by Application
Transportation
Building & Construction
Consumer Goods
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)