+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Bio-based Composite Material Market

  • PDF Icon

    Report

  • 170 Pages
  • August 2022
  • Region: Global
  • BCC Research
  • ID: 5645243

This report will cover the bio-composites industry. Definitive and detailed estimates and projections of the global market are provided, followed by a detailed analysis of the regions, countries, types, end-use industries and ongoing trends.

The scope of this report on the bio-composites market will cover all the commercially available product types, applications, and fiber types actively being utilized and consumed by crucial application industries.

The market size and estimations will be provided in terms of revenue (U.S. $millions), with 2021 serving as the base year; and the market forecast will be given for the period from 2022 to 2027.

This report considers the impact of COVID-19. In 2021, the growth rate of every industry around the globe was affected by the pandemic. The presently developing Russia-Ukraine war and the COVID-19 pandemic have, at this time, hampered the growth of every economy in the world. On top of the actions taken to lock down and contain the spread of the coronavirus while also minimizing the disruption of supply chains in their respective countries, various governments around the world are now also taking measures to contain the economic slowdown triggered by Russia’s invasion of Ukraine.

The bio-composites market is segmented based on its applications, namely: building and construction, automotive, industrial and others. This market is further divided into the different by-product types of bio-composites, such as wood fiber composites and non-wood fiber composites.

Report Includes

  • 74 data tables and 15 additional tables
  • An up-to-date overview and analysis of the global markets for bio-composites
  • Analyses of the global market trends, with market revenue for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of the current and future market potential for bio-based composite materials, and areas of focus to forecast this bio-composites market into various segments and sub-segments
  • Estimation of the actual market size for bio-composites, market forecast in USD million values, and corresponding market share analysis segmented by product type, application, fiber/reinforcement type, resin, and geographic region
  • Assessment of major driving factors, trends, opportunities and challenges in this innovation driven market, along with technology advances and regulatory implications within the marketplace
  • Information pertaining to the impact of COVID-19 and Russia-Ukraine war on the market for bio-composite materials
  • Discussion of the industry value chain analysis of bio-composites market, providing a systematic study of key intermediaries involved, with emphasis on raw materials, intermediate products, part fabricators, and end users
  • Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
  • Updated information on increasing investments on R&D activities, key technology issues, industry specific challenges, major types of end-user markets, and COVID-19 implications on the progress of this market
  • Descriptive company profiles of the leading global players, including Azek Building Products, FlexForm Technologies, Lingrove, Trex Company Inc. and Universal Forest Products
Frequently Asked Questions about the Global Biocomposites Market

What is the estimated value of the Global Biocomposites Market?

The Global Biocomposites Market was estimated to be valued at $5.3 Billion in 2022.

What is the growth rate of the Global Biocomposites Market?

The growth rate of the Global Biocomposites Market is 7.6%, with an estimated value of $7.7 Billion by 2027.

What is the forecasted size of the Global Biocomposites Market?

The Global Biocomposites Market is estimated to be worth $7.7 Billion by 2027.

Who are the key companies in the Global Biocomposites Market?

Key companies in the Global Biocomposites Market include Azek Building Products, Fiberon, Flexform Technologies LLC, Green Dot Bioplastics, Huangshan Huasu New Material Science & Technology Co. Ltd., Jelu, Werk J. Ehrler GmbH & Co. Kg, Lingrove and Procotex Corp..

Table of Contents

Chapter 1 Introduction
  • Overview
  • Study Goals and Objectives
  • Reasons for Doing this Study
  • Scope of Report
  • Information Sources
  • Methodology
  • Geographic Breakdown
  • Analyst's Credentials
  • Custom Research
  • Related Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
  • Industry Overview and Description
  • Key Types of Natural Fibers
  • Wood
  • Hemp
  • Kenaf
  • Flax
  • Jute
  • Life Cycle of Bio-Composites (Natural Fiber Composites) in Automotive Industry
  • Key Applications and Process of Manufacturing in End-Use Industries of Bio-Composites
  • Key Manufacturing Processes
  • Injection Molding
  • Compression Molding
  • Extrusion
  • Filament Winding
  • Pultrusion
  • Resin Transfer Molding
Chapter 4 Market Trends
  • Drivers and Challenges of Bio-Composites
  • Drivers
  • Significant Growth in the Construction Industry
  • Upsurge in the Demand for Environmentally Friendly Manufacturing Materials
  • Governmental Rules for the Usage of Reusable and Recyclable Materials
  • Demand for More Sustainable Materials and Circular Economy Principles is Supporting the Trend for Bio-Composites to Grow in Future
    Challenges
  • Demand for Competition from the Materials Cost Point of View
  • Requirement for the Property Enhancement of Material
  • Inconsistency in Natural Fibers
  • Swot Analysis of Bio-Composites Market
  • Strengths and Opportunities
  • Weaknesses and Threats
  • Value Chain Analysis of Bio-Composites Market
  • Impact of Covid-19 Pandemic on the Bio-Composites Market
  • Impact of Russia-Ukraine War on the Bio-Composites Market
  • Pricing Analysis of Bio-Composites Materials
Chapter 5 Market Analysis by Type
  • Wood Fiber Bio-Composites
  • Non-Wood Fibers Bio-Composites
  • Chapter 6 Market Analysis by Application
  • Introduction
  • Classification of Bio-Composites Materials in Different Applications
  • Building and Construction
  • Automotive
  • Industrial
  • Others
Chapter 7 Market Analysis by Fiber Type
  • Types of Fiber in the Bio-Composites Market
  • Wood Fiber
  • Hemp
  • Flax
  • Others
Chapter 8 Market Analysis by Resin
  • Global Bio-Composites Market by Resin
  • Polyethylene (Pe)
  • Polypropylene (Pp)
  • Polyvinyl Chloride (Pvc)
  • Other Resins
Chapter 9 Market Analysis by Region
  • Global Market
  • North America
  • U.S.
  • Rest of North America
  • Europe
  • Germany
  • France
  • U.K.
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
  • Rest of the World
Chapter 10 Company Profiles
  • Azek Building Products
  • Fiberon
  • Flexform Technologies LLC
  • Green Dot Bioplastics
  • Huangshan Huasu New Material Science & Technology Co. Ltd.
  • Jelu-Werk J. Ehrler GmbH & Co. Kg
  • Lingrove
  • Meshlin Composites Zrt.
  • Procotex Corp.
  • Tecnaro GmbH
  • Trex Company Inc.
  • Universal Forest Products Inc.
  • Upm
  • Weyerhaeuser Company
List of Tables
Summary Table: Global Market for Bio-Composites, by Product Type, Through 2027
Table 1: Physical Properties of Natural Fibers
Table 2: Chemical Properties of Natural Fibers
Table 3: Mechanical Properties of Natural Fibers
Table 4: Properties of Different Natural Fiber
Table 5: Price Per Ton of Some Natural Fibers
Table 6: Global Market for Bio-Composites, by Type, Through 2027
Table 7: Mechanical Properties of Wood Fiber
Table 8: Global Market for Bio-Composites, by Wood Fiber, Through 2027
Table 9: Properties of Non-Wood Fiber
Table 10: Global Market for Bio-Composites, by Non-Wood Fiber, Through 2027
Table 11: Global Market for Bio-Composites, by Application, Through 2027
Table 12: Bio-Composites Application Mapping in Building and Construction Industry
Table 13: Global Market for Building and Construction Application of Bio-Composites, by Region, Through 2027
Table 14: Bio-Composites Application Mapping in Automotive Industry
Table 15: Top Automotive Companies Using Bio-Composites in Different Applications
Table 16: Global Market for Automotive Application of Bio-Composites, by Region, Through 2027
Table 17: Global Market for Industrial Application of Bio-Composites, by Region, Through 2027
Table 18: Global Market for Others Application of Bio-Composites, by Region, Through 2027
Table 19: Global Market for Wood Fiber Bio-Composites, by Region, Through 2027
Table 20: Global Market for Hemp Bio-Composites, by Region, Through 2027
Table 21: Global Market for Flax Bio-Composites, by Region, Through 2027
Table 22: Global Market for Others Bio-Composites, by Region, Through 2027
Table 23: Global Market for Bio-Composites, by Resin, Through 2027
Table 24: Typical Properties of Polyethylene Resin
Table 25: Typical Applications of Polyethylene Resin
Table 26: Global Market for Polyethylene Bio-Composites, by Region, Through 2027
Table 27: Typical Properties of Polypropylene Resin
Table 28: Typical Applications of Polypropylene Resin
Table 29: Global Market for Polypropylene Bio-Composites, by Region, Through 2027
Table 30: Typical Properties of Polyvinyl Chloride Resin
Table 31: Typical Applications of Polyvinyl Chloride Resin
Table 32: Global Market for Polyvinyl Chloride Bio-Composites, by Region, Through 2027
Table 33: Global Market for Other Resins Bio-Composites, by Region, Through 2027
Table 34: North American Market for Bio-Composites, by Country, Through 2027
Table 35: North American Market for Bio-Composites, by Type, Through 2027
Table 36: North American Market for Bio-Composites, by Fiber Type, Through 2027
Table 37: North American Market for Bio-Composites, by Resin, Through 2027
Table 38: North American Market for Bio-Composites, by Application, Through 2027
Table 39: U.S. Market for Bio-Composites, by Type, Through 2027
Table 40: U.S. Market for Bio-Composites, by Fiber Type, Through 2027
Table 41: U.S. Market for Bio-Composites, by Application, Through 2027
Table 42: Rest of North American Market for Bio-Composites, by Type, Through 2027
Table 43: Rest of North American Others Market for Bio-Composites, by Fiber Type, Through 2027
Table 44: Rest of North American Others Market for Bio-Composites, by Application, Through 2027
Table 45: European Market for Bio-Composites, by Country, Through 2027
Table 46: European Market for Bio-Composites, by Type, Through 2027
Table 47: European Market for Bio-Composites, by Fiber Type, Through 2027
Table 48: European Market for Bio-Composites, by Resin, Through 2027
Table 49: European Market for Bio-Composites, by Application, Through 2027
Table 50: German Market for Bio-Composites, by Type, Through 2027
Table 51: German Market for Bio-Composites, by Fiber Type, Through 2027
Table 52: German Market for Bio-Composites, by Application, Through 2027
Table 53: French Market for Bio-Composites, by Type, Through 2027
Table 54: French Market for Bio-Composites, by Fiber Type, Through 2027
Table 55: French Market for Bio-Composites, by Application, Through 2027
Table 56: U.K. Market for Bio-Composites, by Type, Through 2027
Table 57: U.K. Market for Bio-Composites, by Fiber Type, Through 2027
Table 58: U.K. Market for Bio-Composites, by Application, Through 2027
Table 59: Rest of European Market for Bio-Composites, by Type, Through 2027
Table 60: Rest of European Market for Bio-Composites, by Fiber Type, Through 2027
Table 61: Rest of European Market for Bio-Composites, by Application, Through 2027
Table 62: Asia-Pacific Market for Bio-Composites, by Country, Through 2027
Table 63: Asia-Pacific Market for Bio-Composites, by Type, Through 2027
Table 64: Asia-Pacific Market for Bio-Composites, by Fiber Type, Through 2027
Table 65: Asia-Pacific Market for Bio-Composites, by Resin, Through 2027
Table 66: Asia-Pacific Market for Bio-Composites, by Application, Through 2027
Table 67: Chinese Market for Bio-Composites, by Type, Through 2027
Table 68: Chinese Market for Bio-Composites, by Fiber Type, Through 2027
Table 69: Chinese Market for Bio-Composites, by Application, Through 2027
Table 70: Indian Market for Bio-Composites, by Type, Through 2027
Table 71: Indian Market for Bio-Composites, by Fiber Type, Through 2027
Table 72: Indian Market for Bio-Composites, by Application, Through 2027
Table 73: Japanese Market for Bio-Composites, by Type, Through 2027
Table 74: Japanese Market for Bio-Composites, by Fiber Type, Through 2027
Table 75: Japanese Market for Bio-Composites, by Application, Through 2027
Table 76: Rest of Asia-Pacific Market for Bio-Composites, by Type, Through 2027
Table 77: Rest of Asia-Pacific Market for Bio-Composites, by Fiber Type, Through 2027
Table 78: Rest of Asia-Pacific Market for Bio-Composites, by Application, Through 2027
Table 79: Rest of the World Market for Bio-Composites, by Type, Through 2027
Table 80: Rest of the World Market for Bio-Composites, by Fiber Type, Through 2027
Table 81: Rest of the World Market for Bio-Composites, by Resin, Through 2027
Table 82: Rest of the World Market for Bio-Composites, by Application, Through 2027
Table 83: Azek Building Products: Financial Performance, Through 2021
Table 84: Fortune Brands Home and Security: Financial Performance, Through 2021
Table 85: Trex Company Inc.: Financial Performance, Through 2021
Table 86: Universal Forest Products: Financial Performance, Through 2021
Table 87: UPM: Financial Performance, Through 2021
Table 88: Weyerhaeuser: Financial Performance, Through 2021

List of Figures
Figure A: deHavilland DH-88 Comet
Figure B: Bio-Composites Properties
Figure C: Methodology
Summary Figure: Global Market Share of Bio-Composites, by Type, 2021
Figure 1: Life Cycle of Natural Fiber in the Oldest Application Automotive
Figure 2: Applications and Preferred Manufacturing Process in the End-Use Industries of Bio-Composites
Figure 3: Drivers and Challenges of Bio-Composites Materials
Figure 4: Circular Economy in Bio-Composites
Figure 5: SWOT Analysis of Bio-Composites
Figure 6: Value Chain of Bio-Composites
Figure 7: Covid-19 Impact on the Regional Production of Automotive Vehicles
Figure 8: Global Market Share of Bio-Composites, by Type, 2021
Figure 9: Global Market Share of Bio-Composites, by Wood Fiber, 2021
Figure 10: Global Market Share of Bio-Composites, by Non-Wood Fiber, 2021
Figure 11: Global Market Share of Bio-Composites, by Application, 2021
Figure 12: Global Market Share of Bio-Composites, by Application, 2027
Figure 13: Application Mapping of Bio-Composites
Figure 14: Preferred Choice of Bio-Composites in Different Applications
Figure 15: Global Market Share of Building and Construction Application of Bio-Composites, by Region, 2021
Figure 16: Global Market Share of Building and Construction Application of Bio-Composites, by Region, 2027
Figure 17: Global Market Share of Automotive Application of Bio-Composites, by Region, 2021
Figure 18: Global Market Share of Automotive Application of Bio-Composites, by Region, 2027
Figure 19: Generic Applications of Bio-Composites in Automotive Industry
Figure 20: Global Market Share of Industrial Application of Bio-Composites, by Region, 2021
Figure 21: Global Market Share of Industrial Application of Bio-Composites, by Region, 2027
Figure 22: Global Market Share of Others Application of Bio-Composites, by Region, 2021
Figure 23: Global Market Share of Others Application of Bio-Composites, by Region, 2027
Figure 24: Bio-Composites Market by Fiber Type
Figure 25: Life Cycle of Wood-Plastic Composites
Figure 26: Global Market Share of Wood Fiber Bio-Composites, by Region, 2021
Figure 27: Global Market Share of Wood Fiber Bio-Composites, by Region, 2027
Figure 28: Multidirectional Potential of the Use of Hemp Raw Material
Figure 29: Global Market Share of Hemp Bio-Composites, by Region, 2021
Figure 30: Global Market Share of Hemp Bio-Composites, by Region, 2027
Figure 31: Global Market Share of Flax Bio-Composites, by Region, 2021
Figure 32: Global Market Share of Flax Bio-Composites, by Region, 2027
Figure 33: Global Market Share of Others Bio-Composites, by Region, 2021
Figure 34: Global Market Share of Others Bio-Composites, by Region, 2027
Figure 35: Bio-Composites Market by Resin
Figure 36: Global Market Share of Bio-Composites, by Resin, 2021
Figure 37: Global Market Share of Bio-Composites, by Resin, 2027
Figure 38: Global Market Share of Polyethylene Bio-Composites, by Region, 2021
Figure 39: Global Market Share of Polyethylene Bio-Composites, by Region, 2027
Figure 40: Global Market Share of Polypropylene Bio-Composites, by Region, 2021
Figure 41: Global Market Share of Polypropylene Bio-Composites, by Region, 2027
Figure 42: Global Market Share of Polyvinyl Chloride Bio-Composites, by Region, 2021
Figure 43: Global Market Share of Polyvinyl Chloride Bio-Composites, by Region, 2027
Figure 44: Global Market Share of Other Resins Bio-Composites, by Region, 2021
Figure 45: Global Market Share of Other Resins Bio-Composites, by Region, 2027
Figure 46: Manufacturing Value Added in Global GDP, by North America, 2015-2019
Figure 47: North American Market Share of Bio-Composites, by Country, 2021
Figure 48: North American Market Share of Bio-Composites, by Type, 2021
Figure 49: North American Market Share of Bio-Composites, by Fiber Type, 2021
Figure 50: North American Market Share of Bio-Composites, by Fiber Type, 2027
Figure 51: North American Market Share of Bio-Composites, by Resin, 2021
Figure 52: North American Market Share of Bio-Composites, by Resin, 2027
Figure 53: North American Market Share of Bio-Composites, by Application, 2021
Figure 54: North American Market Share of Bio-Composites, by Application, 2027
Figure 55: U.S. Market Share of Bio-Composites, by Type, 2021
Figure 56: U.S. Market Share of Bio-Composites, by Fiber Type, 2021
Figure 57: U.S. Market Share of Bio-Composites, by Fiber Type, 2027
Figure 58: U.S. Market Share of Bio-Composites, by Application, 2021
Figure 59: U.S. Market Share of Bio-Composites, by Application, 2027
Figure 60: Rest of North American Market Share of Bio-Composites, by Type, 2021
Figure 61: Rest of North American Others Market Share of Bio-Composites, by Fiber Type, 2021
Figure 62: Rest of North American Others Market Share of Bio-Composites, by Fiber Type, 2027
Figure 63: Rest of North American Others Market Share of Bio-Composites, by Application, 2021
Figure 64: Rest of North American Others Market Share of Bio-Composites, by Application, 2027
Figure 65: Manufacturing Value Added in Global GDP, by Europe, 2015-2019
Figure 66: European Market Share of Bio-Composites, by Country, 2021
Figure 67: European Market Share of Bio-Composites, by Type, 2021
Figure 68: European Market Share of Bio-Composites, by Fiber Type, 2021
Figure 69: European Market Share of Bio-Composites, by Fiber Type, 2027
Figure 70: European Market Share of Bio-Composites, by Resin, 2021
Figure 71: European Market Share of Bio-Composites, by Resin, 2027
Figure 72: European Market Share of Bio-Composites, by Application, 2021
Figure 73: European Market Share of Bio-Composites, by Application, 2027
Figure 74: German Market Share of Bio-Composites, by Type, 2021
Figure 75: German Market Share of Bio-Composites, by Fiber Type, 2021
Figure 76: German Market Share of Bio-Composites, by Fiber Type, 2027
Figure 77: German Market Share of Bio-Composites, by Application, 2021
Figure 78: German Market Share of Bio-Composites, by Application, 2027
Figure 79: French Market Share of Bio-Composites, by Type, 2021
Figure 80: French Market Share of Bio-Composites, by Fiber Type, 2021
Figure 81: French Market Share of Bio-Composites, by Fiber Type, 2027
Figure 82: French Market Share of Bio-Composites, by Application, 2021
Figure 83: French Market Share of Bio-Composites, by Application, 2027
Figure 84: U.K. Market Share of Bio-Composites, by Type, 2021
Figure 85: U.K. Market Share of Bio-Composites, by Fiber Type, 2021
Figure 86: U.K. Market Share of Bio-Composites, by Fiber Type, 2027
Figure 87: U.K. Market Share of Bio-Composites, by Application, 2021
Figure 88: U.K. Market Share of Bio-Composites, by Application, 2027
Figure 89: Rest of European Market Share of Bio-Composites, by Type, 2021
Figure 90: Rest of European Market Share of Bio-Composites, by Fiber Type, 2021
Figure 91: Rest of European Market Share of Bio-Composites, by Fiber Type, 2027
Figure 92: Rest of European Market Share of Bio-Composites, by Application, 2021
Figure 93: Rest of European Market Share of Bio-Composites, by Application, 2027
Figure 94: Manufacturing Value Added in Global GDP, by Asia-Pacific, 2015-2019
Figure 95: Asia-Pacific Market Share of Bio-Composites, by Country, 2021
Figure 96: Asia-Pacific Market Share of Bio-Composites, by Type, 2021
Figure 97: Asia-Pacific Market Share of Bio-Composites, by Fiber Type, 2021
Figure 98: Asia-Pacific Market Share of Bio-Composites, by Fiber Type, 2027
Figure 99: Asia-Pacific Market Share of Bio-Composites, by Resin, 2021
Figure 100: Asia-Pacific Market Share of Bio-Composites, by Resin, 2027
Figure 101: Asia-Pacific Market Share of Bio-Composites, by Application, 2021
Figure 102: Asia-Pacific Market Share of Bio-Composites, by Application, 2027
Figure 103: Chinese Market Share of Bio-Composites, by Type, 2021
Figure 104: Chinese Market Share of Bio-Composites, by Fiber Type, 2021
Figure 105: Chinese Market Share of Bio-Composites, by Fiber Type, 2027
Figure 106: Chinese Market Share of Bio-Composites, by Application, 2021
Figure 107: Chinese Market Share of Bio-Composites, by Application, 2027
Figure 108: Indian Market Share of Bio-Composites, by Type, 2021
Figure 109: Indian Market Share of Bio-Composites, by Fiber Type, 2021
Figure 110: Indian Market Share of Bio-Composites, by Fiber Type, 2027
Figure 111: Indian Market Share of Bio-Composites, by Application, 2021
Figure 112: Indian Market Share of Bio-Composites, by Application, 2027
Figure 113: Japanese Market Share of Bio-Composites, by Type, 2021
Figure 114: Japanese Market Share of Bio-Composites, by Fiber Type, 2021
Figure 115: Japanese Market Share of Bio-Composites, by Fiber Type, 2027
Figure 116: Japanese Market Share of Bio-Composites, by Application, 2021
Figure 117: Japanese Market Share of Bio-Composites, by Application, 2027
Figure 118: Rest of Asia-Pacific Market Share of Bio-Composites, by Type, 2021
Figure 119: Rest of Asia-Pacific Market Share of Bio-Composites, by Fiber Type, 2021
Figure 120: Rest of Asia-Pacific Market Share of Bio-Composites, by Fiber Type, 2027
Figure 121: Rest of Asia-Pacific Market Share of Bio-Composites, by Application, 2021
Figure 122: Rest of Asia-Pacific Market Share of Bio-Composites, by Application, 2027
Figure 123: Rest of the World Market Share of Bio-Composites, by Type, 2021
Figure 124: Rest of the World Market Share of Bio-Composites, by Fiber Type, 2021
Figure 125: Rest of the World Market Share of Bio-Composites, by Fiber Type, 2027
Figure 126: Rest of the World Market Share of Bio-Composites, by Resin, 2021
Figure 127: Rest of the World Market Share of Bio-Composites, by Resin, 2027
Figure 128: Rest of the World Market Share of Bio-Composites, by Application, 2021
Figure 129: Rest of the World Market Share of Bio-Composites, by Application, 2027
Figure 130: Azek Building Products: Sales, 2019-2021
Figure 131: Azek Building Products: Sales Share, by Business Segment, 2021
Figure 132: Fortune Brands Home and Security: Sales, 2019-2021
Figure 133: Fortune Brands Home and Security: Sales Share, by Business Segment, 2021
Figure 134: Fortune Brands Home and Security: Sales Share, by Region/Country, 2021
Figure 135: Trex Company Inc.: Sales, 2019-2021
Figure 136: Trex Company Inc.: Sales Share, by Business Segment, 2021
Figure 137: Universal Forest Products: Sales, 2019-2021
Figure 138: Universal Forest Products: Sales Share, by Business Segment, 2021
Figure 139: Universal Forest Products: Retail Segment Sales Share, by Subsegment, 2021
Figure 140: UPM: Sales, 2019-2021
Figure 141: UPM: Sales Share, by Business Segment, 2021
Figure 142: Weyerhaeuser: Sales, 2019-2021

Executive Summary

Natural fibers, including kenaf, sisal, jute, banana and rice hucks, are treated as reinforcement in the polymers for the manufacturing of bio-composites. Bio-composites are entirely green; polymer and fiber both are obtained from plant or biodegradable material. Though composites consist of partial green parts, in which anyone from polymer or fiber is biodegradable are derived from a natural plant. Natural fibers are cost-effective, have low density, feature great specific strength properties and are biodegradable. Bio-composites are appropriate for refined consumer products, packaging and disposable consumer products; and they are suitable for lightweight applications. This report mainly focuses on the current trends affecting the bio-composites market in the next five years.

Among the types of natural fibers, wood fiber accounts for the highest market share due to high demand and the rise in the use of natural fiber in the construction and automotive sectors. This generates several beneficial opportunities for growth in the natural fiber reinforcement materials market. The usage of the following raw materials, including flax, hemp and kenaf, is rising - especially in the fabrication of lightweight and fuel-efficient cas - and this is anticipated to boost demand.

The properties of bio-composites also support the growth and usage of bio-composites in various materials. Properties like non-corrosive nature, high specific strength and low costs, among others, will help to increase the implementation of natural fiber-based bio-composites in automotive, aerospace, construction and other industrial applications.

Companies Mentioned

  • Azek Building Products
  • Fiberon
  • Flexform Technologies LLC
  • Green Dot Bioplastics
  • Huangshan Huasu New Material Science & Technology Co. Ltd.
  • Jelu-Werk J. Ehrler GmbH & Co. Kg
  • Lingrove
  • Meshlin Composites Zrt.
  • Procotex Corp.
  • Tecnaro GmbH
  • Trex Company Inc.
  • Universal Forest Products Inc.
  • Upm
  • Weyerhaeuser Company