Biocomposites Market worth 36.76 Billion USD by 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. 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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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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List of Figures (40 Figures)

Figure 1 Biocomposites: Market Segmentation

Figure 2 Years Considered for the Study

Figure 3 Biocomposites Market: Research Design

Figure 4 Breakdown of Primary Interviews

Figure 5 Bottom-Up Approach

Figure 6 Top-Down Approach

Figure 7 Biocomposites Market: Data Triangulation

Figure 8 Assumptions

Figure 9 Wood Fiber Biocomposites to Dominate the Market, 2017 vs 2022

Figure 10 Synthetic Polymer-Based Biocomposites to Drive the Market Growth, 2017 vs 2022

And More—

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