Biocomposite is a composite material formed by a matrix (resin) and a reinforcement of natural fibers. These kind of materials often mimic the structure of the living materials involved in the process keeping the strengthening properties of the matrix that was used, but always providing biocompatibility. The matrix phase is formed by polymers derived from renewable and nonrenewable resources. The matrix is important to protect the fibers from environmental degradation and mechanical damage, to hold the fibers together and to transfer the loads on it.
By end-use industry, the transportation segment is projected to be the fastest-growing end-use industry segment of the market during the forecast period. Biocomposites are used in the automotive industry owing to their lightweight, impact resistance, and non-toxic features. Also, no sharp-edged fractures are formed in case of a crash, thereby providing safety to passengers. The increasing demand for naturally sourced, non-toxic, and impact resistant materials in the transportation end-use industry is anticipated to drive the biocomposites market between 2018 and 2023.
In 2019, the market size of Biocomposites 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 Biocomposites.
This report studies the global market size of Biocomposites, 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 Biocomposites 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 Company
UPM
Universal Forest Products
Flexform Technologies
Tecnaro
Jelu-Werk
Green Bay Decking
Fiberon
Meshlin Composites
Alpas
Huangshan Huasu New Material Science & Technology
Newtechwood
Nanjing Jufeng Advanced Materials Co., Ltd
Yixing Hualong New Material
Anhui Huiyun Wood
Market Segment by Product Type
Wood Fiber Composites
Non-wood Fiber Composites
Market Segment by Application
Building & Construction
Transportation
Consumer Goods
Others
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)
The study objectives are:
To analyze and research the Biocomposites status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Biocomposites manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Biocomposites are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Biocomposites. Industry analysis & Market Report on Biocomposites is a syndicated market report, published as Global (United States, European Union and China) Biocomposites Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Biocomposites market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.