Over the next five years, the Biocomposites market in North America is forecasted to grow at least 12% CAGR, owing to the stable long-term usage among end-user industries and government efforts for use of more eco-friendly products, especially in developed countries such as the USA.Driven by Rise in Demand for Eco Friendly and Durable Manufacturing Materials
Consumer products such as music instruments, casings and cases, furniture, tables, toys, combs, and trays are made from wood and natural fiber plastic granulates. Customer preferences for these products due to their distinct appearance and feel, great quality, and value will help the Biocomposites market to grow. The Biocomposites market is also expected to grow because of the consistent growth in traditional industries such as construction and automotive. The increased adoption as well as robust growth in newer industries such as consumer products & packaging, aerospace & defense, and wind energy is going to contribute to the market’s growth in the future.
Key Segments Covered in North America Biocomposites Market:
North America Biocomposites Market By Product Type
- Hybrid Biocomposites
- Green Biocomposites
North America Biocomposites Market By Fiber Type
- Wood Fiber Composites
- Non-wood Fiber Composites
North America Biocomposites Market By Polymer Type
- Natural Polymer Composites
- Synthetic Polymer Composites
North America Biocomposites Market By Type of End User Industry
- Automobile & Transportation
- Building & Construction
- Consumer Goods
- Electrical & Electronics
- Aerospace & Defense
North America Biocomposites Market By Geography and Major Countries
- USA
- Canada
- Mexico
Key Target Audience
- Biocomposites Manufacturers
- Bio-pellet Manufacturers
- Composites Manufacturers
- Plastics Manufacturers
- Chemicals Manufacturers
- Petrochemicals & Resins Manufacturers
- Primary Biocomposites Fiber Farming Organizations
- Automobile Component Manufacturing Companies
- Building & Construction Materials and Products Manufacturing Companies
- Electrical & Electronics Components Manufacturers
- Military Defense Components Manufacturers
- Aerospace Components manufacturer
- Potential Investors in Biocomposites Industry
- Allied/Auxiliary Industries in Biocomposites Market
- Biocomposites Wholesalers and Distributors
Time Period Captured in the Report:
- Historical Period: 2017-2021
- Forecast Period: 2022-2027F
Companies Mentioned:
Key Competitors in North America Biocomposites Market
- Lingrove
- MCG BioComposites
- Trex
- FlexForm Technologies
- Fiberon
- Tekle Technical Services Inc.
- DuxxBak
- BioComposites Group
- The AZEK Company
- Universal Forest Products Inc.
- NewTechWood
- Owens Corning
Emerging Biocomposites Companies in North America
- Primitives
- RWDC Industries
- NovolBio
- Anomera
- Bast Fibre Technologies
- Natural Fibre Technologies
- Safran Aero Composites
- CompositeTechs, LLC
Key Topics Covered in the Report:
- Snapshot of North America Biocomposites Market
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of North America Biocomposites Market
- Historic Growth of Overall North America Biocomposites Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of North America Biocomposites Industry
- Overview, Product Offerings, and SWOT Analysis of All the Key Competitors
Covid 19 Impact on the Overall North America Biocomposites Market
- Future Market Forecast and Growth Rates of the Total North America Biocomposites Market and by Segments
- Market Size of End User Industries with Historical CAGR and Future Forecasts
- Analysis of North America Biocomposites Market in Major North American Countries
- Major Production/Consumption Hubs in the Major Countries
- Major Production/Supply and Consumption/Demand Hubs in Each Major Country
- Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging North America Biocomposites Companies within Each Major Country
Table of Contents
1. Executive Summary
2. Market Overview and Key Trends Impacting Growth
3. Total North America - Market Segmentation by Fiber Type, Historic Growth, Outlook & Forecasts
4. Total North America - Market Segmentation by Polymer Type, Historic Growth, Outlook & Forecasts
5. Total North America - Market Segmentation by Product Type, Historic Growth, Outlook & Forecasts
6. Total North America Market Segmentation by Type of End User Industry, Growth, Outlook & Forecasts
7. Industry / Competition Analysis - Competitive Landscape
8. Key Competitor Profiles
9. Geographic Analysis & Major Countries Market Historic Growth, Outlook and Forecasts
10. Industry Experts Opinions/Perspectives
11. Analyst Recommendations
12. Appendix
Executive Summary
The report titled “North America Biocomposites Market Outlook and Forecast to 2027 - Driven by Rise in Demand for Eco Friendly and Durable Manufacturing Materials” provides acomprehensive analysis of the North America Biocomposites Market. The report provides industry size basis revenue and value chain analysis, market segmentation based on Fiber Type, Polymer Type, Product Type, Type of End User Industry, competition benchmarking, COVID impact, future projections and trends, drivers & challenges. It also provides the market by Revenue of the major countries in the North America region and also provides the country-level analysis based on the segments. It also provides inputs on major opportunities and potential strategies to gain from the market.Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Lingrove
- MCG BioComposites
- Trex
- FlexForm Technologies
- Fiberon
- Tekle Technical Services Inc.
- DuxxBak
- BioComposites Group
- The AZEK Company
- Universal Forest Products Inc.
- NewTechWood
- Owens Corning
- Primitives
- RWDC Industries
- NovolBio
- Anomera
- Bast Fibre Technologies
- Natural Fibre Technologies
- Safran Aero Composites
- CompositeTechs, LLC
