- Rising environmental concerns supported by the increasing need for lowering emission levels is expected to provide a strong thrust to the growth of the biocomposites market.
- With growing technical breakthroughs aimed at discovering novel composite materials and new uses, as well as investment in research and commercialization of final goods.
- Plastic packaging is one of the latest application trends for bio-based polymers. In combination with natural fibers, they can offer excellent prospects for environmental marketing, particularly in bio-cosmetic cans or packaging for bio-based detergents.
Government support for use of bio-based composites: Growing environmental awareness and growing global waste problems are making governments aware of environmental hazards and encouraging them to support innovation and commercialization of the use of bio-based composites.
Shift towards composites derived from natural sources: Traditionally, plastic composites were heavily used in various end-use industries. However, because of the environmental impacts of these composites (carbon fiber and glass fiber), such as air pollution, greenhouse gas (GHG) emissions, and landfill issues, researchers and scientists shifted towards composites derived from natural sources.
Natural composites have many advantages over synthetic composites such as low cost, low environmental impact, and high fiber content resulting in less pollution. Hence, due to the cheap, recyclable, and biodegradable nature, consumer preference is shifting from plastic composites to eco-friendly composites, thus becoming the dominant trend in the biocomposites market.
Increasing variety of ingredients for bio composites: Natural fiber is made from plants and cellulose. Bio-based materials are low in weight, offer damping and impact absorption, and have certain health advantages due to the presence of natural fibers. There has been a noticeable increase in the variety of ingredients that are typically used in the biocomposites market including hemp, jute and flax are popular natural fibers used in biocomposites. The fact that biocomposites have a lower environmental effect than glass fiber is one of the primary factors propelling the worldwide biocomposites market ahead. The global need for high-performance engineered goods derived from natural resources is increasing.
Analysts at Ken Research in their latest publication “North America Biocomposites Market Outlook and Forecast to 2027 – Driven by Rise in Demand of Eco Friendly and Durable Manufacturing Materials: Ken Research” believe that the Biocomposites market is expected to grow on the basis of rapid rise in adoption of these solutions due to their affordability & flexibility to meet varying needs of different industry users.
Key Segments Covered in North America Biocomposites Market: –
North America Biocomposites Market by Product Type
North America Biocomposites Market by Fiber Type
Wood Fiber Composites
Non-wood Fiber Composites
North America Biocomposites Market by Polymer Type
Natural Polymer Composites
Synthetic Polymer Composites
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North America Biocomposites Market by Type of End User Industry
Automobile & Transportation
Building & Construction
Electrical & Electronics
Aerospace & Defense
North America Biocomposites Market by Geography and Major Countries
Key Target Audience: –
Petrochemicals & Resins Manufacturers
Primary Biocomposites Fiber Farming Organizations
Automobile Component Manufacturing Companies
Building & Construction Materials and Products Manufacturing Companies
Electrical & Electronics Components Manufacturers
Military Defense Components Manufacturers
Aerospace Components manufacturer
Potential Investors in Biocomposites Industry
Allied/Auxiliary Industries in Biocomposites Market
Biocomposites Wholesalers and Distributors
Time Period Captured in the Report: –
Historical Period: 2017-2021
Forecast Period: 2022-2027F
Companies Mentioned: –
Key Competitors in North America Biocomposites Market
Tekle Technical Services Inc.
The AZEK Company
Universal Forest Products Inc.
Emerging Biocomposites Companies in North America
Bast Fibre Technologies
Natural Fibre Technologies
Safran Aero Composites
Key Topics Covered in the Report: –
Snapshot of North America Biocomposites Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of North America Biocomposites Market
Historic Growth of Overall North America Biocomposites Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of North America Biocomposites Industry
Overview, Product Offerings, and SWOT Analysis of All the Key Competitors
Covid 19 Impact on the Overall North America Biocomposites Market
Future Market Forecast and Growth Rates of the Total North America Biocomposites Market and by Segments
Market Size of End User Industries with Historical CAGR and Future Forecasts
Analysis of North America Biocomposites Market in Major North American Countries
Major Production / Consumption Hubs in the Major Countries
Major Production/Supply and Consumption/Demand Hubs in Each Major Country
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging North America Biocomposites Companies within Each Major Country
TTS Biocomposites Market
Lingrove Biocomposites Market
MCG BioComposite Market
FlexForm Technologies Biocomposites Market
Owens Corning Biocomposites Market
Primitives Biocomposites Market
RWDC Industries Biocomposites Market
NovolBio Biocomposites Market
Anomera Biocomposites Market
USA Biocomposites Market Major Players
Covid-19 Impact USA Biocomposites Market
Canada Biocomposites Industry Research Report
Biocomposites Market in Canada
Mexico Biocomposites Market Research Report
For more information on the research report, refer to below link: –
Related Reports: –
Global Bio-Adhesive Market Outlook to 2022 – by Product (Hyaluronic Based, Fibrin Based, Mixed Polymer, Copolymer, Synthetic Adhesive, Other Bioadhesives) and by Application (Medical, Packaging, Wood, Construction, and Personal care)
Contact Us: –
Ankur Gupta, Head Marketing & Communications