Tag Archives: Biocomposites Market

Global Biocomposites Market 2017 – 2025: Industry Size, Share, Growth, Forecasts

Latest industry research report on: Global Biocomposites Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

Biocomposites are composite materials comprising resins and reinforced natural fibers. Reinforcing materials, which are in the form of fibers, sheets, or particles, are ingrained in the resin phase. The resins generated are derivatives of polymer, either renewable or non-renewable. They play an important role in protecting fibers from environmental degradation and mechanical damage. They also hold the fibers together and help transfer loads on it. Natural fibers derived from crops, waste paper, recycled wood, and regenerated cellulose or their byproducts are the primary components used for the generation of biocomposites. Biocomposites possess low density, resulting in higher tensile strength and stiffness with wide range of applications.

Biocomposites Market: Key Growth Factors and Industry Analysis 2022

The report Biocomposites Market by Fiber (Wood Fiber and Non-Wood Fiber), Polymer (Synthetic and Natural), Product (Hybrid and Green), End-Use Industry (Transportation, Building & Construction and Consumer Goods), and Region – Global Forecast to 2022″, The biocomposites market 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.

Browse 106 Market Data Tables and 40 Figures spread through 149 Pages and in-depth TOC on “Biocomposites Market by Fiber (Wood Fiber and Non-Wood Fiber), Polymer (Synthetic and Natural), Product (Hybrid and Green), End-Use Industry (Transportation, Building & Construction and Consumer Goods), and Region – Global Forecast to 2022”

http://www.marketsandmarkets.com/Market-Reports/biocomposite-market-258097936.html?utm_source=A_30&utm_medium=Free_PR

Biocomposites Market is projected to reach at a CAGR of 14.44% from 2017 to 2022

The biocomposites market is projected to register a CAGR of 14.44% during the forecast period

Biocomposites Market is projected to reach USD 36.76 billion by 2022, at a CAGR of 14.44% from 2017 to 2022. The major drivers stimulating the biocomposites market include government regulations regarding the use of environmentally friendly products and the safety & recyclability of biocomposites as compared to glass fiber and carbon fiber composites. The low strength of biocomposites as compared to synthetic fiber composites and the fluctuating cost, availability, and quality of raw materials are factors restraining the biocomposites market.

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