Biocomposites Market by Polymer & Fiber - Global Forecast 2022

Author: Upasna Agarwal

Biocomposites Market Global Industry Research Report, size was valued at USD 16.46 Billion in 2016 and is projected to reach USD 36.76 Billion by 2022, at a CAGR of 14.44% from 2017 to 2022. Biocomposites are increasingly used in building & construction, transportation, consumer goods end-use industries as they are moisture resistant, low-cost, light-weight, and biodegradable.

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Objectives of the Study

  • To define, describe, and forecast the biocomposites market size, in terms of value
  • To identify and measure the biocomposites market by fiber, polymer, product, end-use industry, and region
  • To analyze significant region-specific market trends in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (ME&A) and country-specific trends in the US, Canada, Germany, France, UK, Sweden, Spain, Switzerland, Italy, China, India, Japan, South Korea, Indonesia, Thailand, UAE, Saudi Arabia, Egypt, South Africa, Argentina, Mexico, Brazil and others.
  • To provide detailed information regarding the major factors influencing the growth of the biocomposites market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically profile and analyze the key market players and their core competencies
  • To analyze recent developments, such as agreements, acquisitions, and expansions in the biocomposites market

Various secondary sources, such as company websites, encyclopedias, directories, and databases, such as Composite World, Factiva, and American Composites Manufacturers Association, have been used to understand and gain insights into the biocomposites market. Experts from top biocomposites companies have been interviewed to verify and collect critical information and to assess the trends in the biocomposites market for the forecast period. The top-down, bottom-up, and data triangulation approaches have been implemented to calculate the exact values of the overall parent and individual market sizes.

The biocomposites market has a diversified ecosystem, including downstream stakeholders such as manufacturers, vendors, end-user industries, and government organizations. The biocomposites value chain includes polymer manufacturers, such as Arkema (France), Mitsubishi Plastics, Inc. (Japan), Huntsman Corporation (US), and others; and fiber manufacturers, such as Bast Fibers LLC (US), Stemergy (Canada), Procotex (Belgium), and others. Further, the manufacturers of biocomposites supply their products to various entities in the building & construction, transportation, consumer goods, and other end-user industries.

This study focuses on the top investment pockets, which would help stakeholders understand and analyze the emerging trends in the biocomposites market. These stakeholders include:

  • Biocomposites Manufacturers
  • Raw Material Suppliers
  • Distributors and Suppliers
  • End-use Industries
  • Industry Associations
  • R&D Institutions
  • Environment Support Agencies

Scope of the Report:

This research report categorizes the biocomposites market based on fiber, polymer, product, end-use industry, and region. It forecasts revenue growth and analyzes trends in each of the submarkets till 2022.

On the Basis of Fiber-

  • Wood Fiber Composites
  • Non-wood Fiber Composites

On the Basis of Polymer-

  • Synthetic Polymer
  • Natural Polymer

On the Basis of Product-

  • Hybrid Biocomposites
  • Green Biocomposites

On the Basis of End-Use Industry-

  • Building & Construction
  • Transportation
  • Consumer Goods
  • Others

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