Biocomposites - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Biocomposites Market is accounted for $20.14 billion in 2017 and expected to grow at a CAGR of 16.4% to reach $79.29 billion by 2026. The increasing awareness among the customers to opt for the bio-based materials rather than harmful synthetic material and the recyclable property of the material are driving the market growth. However, the fluctuating pricing and less availability of materials hamper the market growth. The market also witness growth opportunities from the packaging and automotive interiors segment.
Biocomposite are a biocompatible and eco-friendly composite material obtained from a matrix (resin) and strengthening of natural fibers. The matrix helps the fibers from preventing degrading by holding them together, thus giving a control over the life of composite. Biocomposites are available in wide forms, such as films, membranes, moldings, coatings, particles, fibers, and foams. These types of material often imitate 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 utilization of Biocomposite materials improve health and safety in their production and have a similar appearance to that of wood, and are environmentally better.
Based on fiber type, wood fiber composites are gaining popularity due to their applications in the outdoor construction activities such as decking, balusters, fencing, railing and other activities. In addition wood fibers are lightweight, resistant to moisture & mildew resulting in their negligible maintenance and longer product shelf life. This escalating requirement for lightweight, moisture resistant, and cost economic products in the building & construction end-use industry is expected to drive the wood fiber composites market.
By application, the transportation sector is growing at a great pace. In transportation, the Biocomposites are used in automotive industry due to its properties and special features such as lightweight, impact resistance, and non-toxic features. In addition Biocomposites are considered much safe when compared to other traditional & conventional materials such as glass or carbon fiber composites owing to the fact that no sharp-edged fractures are formed in case of a crash. As there is an increase in demand for materials with such advantages in the transportation industry and can drive the market growth for the Biocomposites market and can create much better opportunities.
With respect to geography, Asia Pacific is expected to grow predominantly due to the mounting demand from the region’s transportation and building & construction end-use industries. Government regulations about the use of non-toxic, biodegradable, lightweight materials and rising infrastructure projects in developing nations, such as China, India, South Korea and others are also probable to drive the market in this region.
Some of the key players in the Biocomposites market are UPM, Universal Forest Products, Inc., Trex Company Inc., Tecnaro GmbH, NewTechWood, Jelu - Werk J.Ehrler GmbH & Co. Kg, Greengran BV, Green Bay Decking, FlexForm Technologies, LLC, Advanced Environmental Recycling Technologies, Inc., Fiberon, LLC, ALPAS Srl, Bcomp Ltd. and Meshlin Composites ZRT.
Polymers Covered:
Biocomposite are a biocompatible and eco-friendly composite material obtained from a matrix (resin) and strengthening of natural fibers. The matrix helps the fibers from preventing degrading by holding them together, thus giving a control over the life of composite. Biocomposites are available in wide forms, such as films, membranes, moldings, coatings, particles, fibers, and foams. These types of material often imitate 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 utilization of Biocomposite materials improve health and safety in their production and have a similar appearance to that of wood, and are environmentally better.
Based on fiber type, wood fiber composites are gaining popularity due to their applications in the outdoor construction activities such as decking, balusters, fencing, railing and other activities. In addition wood fibers are lightweight, resistant to moisture & mildew resulting in their negligible maintenance and longer product shelf life. This escalating requirement for lightweight, moisture resistant, and cost economic products in the building & construction end-use industry is expected to drive the wood fiber composites market.
By application, the transportation sector is growing at a great pace. In transportation, the Biocomposites are used in automotive industry due to its properties and special features such as lightweight, impact resistance, and non-toxic features. In addition Biocomposites are considered much safe when compared to other traditional & conventional materials such as glass or carbon fiber composites owing to the fact that no sharp-edged fractures are formed in case of a crash. As there is an increase in demand for materials with such advantages in the transportation industry and can drive the market growth for the Biocomposites market and can create much better opportunities.
With respect to geography, Asia Pacific is expected to grow predominantly due to the mounting demand from the region’s transportation and building & construction end-use industries. Government regulations about the use of non-toxic, biodegradable, lightweight materials and rising infrastructure projects in developing nations, such as China, India, South Korea and others are also probable to drive the market in this region.
Some of the key players in the Biocomposites market are UPM, Universal Forest Products, Inc., Trex Company Inc., Tecnaro GmbH, NewTechWood, Jelu - Werk J.Ehrler GmbH & Co. Kg, Greengran BV, Green Bay Decking, FlexForm Technologies, LLC, Advanced Environmental Recycling Technologies, Inc., Fiberon, LLC, ALPAS Srl, Bcomp Ltd. and Meshlin Composites ZRT.
Polymers Covered:
- Synthetic Polymer
- Natural Polymer
- Non-Wood Fiber Composites
- Wood Fiber Composites
- Green Biocomposites
- Hybrid Biocomposites
- Injection Molding
- Compression Molding
- Other Processes
- Consumer Goods
- Building & Construction
- Transportation
- Other Applications
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
1 EXECUTIVE SUMMARY
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL BIOCOMPOSITES MARKET, BY POLYMER
5.1 Introduction
5.2 Synthetic Polymer
5.2.1 Polypropylene (PP)
5.2.2 Epoxy
5.2.3 Other Synthetic Polymers
5.3 Natural Polymer
5.3.1 Polyhydroxyalkanoate (PHA)
5.3.2 Polylactic Acid (PLA)
5.3.3 Other Natural Polymer
6 GLOBAL BIOCOMPOSITES MARKET, BY FIBER TYPE
6.1 Introduction
6.2 Non-Wood Fiber Composites
6.2.1 Jute
6.2.2 Hemp
6.2.3 Flax
6.2.4 Other Non-Wood Composites
6.3 Wood Fiber Composites
6.3.1 Softwood
6.3.2 Hardwood
6.3.3 Other Wood Fiber Composites
7 GLOBAL BIOCOMPOSITES MARKET, BY PRODUCT
7.1 Introduction
7.2 Green Biocomposites
7.3 Hybrid Biocomposites
8 GLOBAL BIOCOMPOSITES MARKET, BY PROCESS
8.1 Introduction
8.2 Injection Molding
8.3 Compression Molding
8.4 Other Processes
9 GLOBAL BIOCOMPOSITES MARKET, BY APPLICATION
9.1 Introduction
9.2 Consumer Goods
9.3 Building & Construction
9.4 Transportation
9.5 Other Applications
9.5.1 Aerospace
9.5.2 Electrical & Electronics
9.5.3 Marine
9.5.4 Sports & Leisure Goods
10 GLOBAL BIOCOMPOSITES MARKET, BY GEOGRAPHY
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 KEY DEVELOPMENTS
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 COMPANY PROFILING
12.1 UPM
12.2 Universal Forest Products, Inc.
12.3 Trex Company Inc.
12.4 Tecnaro GmbH
12.5 NewTechWood
12.6 Jelu - Werk J.Ehrler GmbH & Co. Kg
12.7 Greengran BV
12.8 Green Bay Decking
12.9 FlexForm Technologies, LLC
12.10 Advanced Environmental Recycling Technologies, Inc.
12.11 Fiberon, LLC
12.12 ALPAS Srl
12.13 Bcomp Ltd.
12.14 Meshlin Composites ZRT
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL BIOCOMPOSITES MARKET, BY POLYMER
5.1 Introduction
5.2 Synthetic Polymer
5.2.1 Polypropylene (PP)
5.2.2 Epoxy
5.2.3 Other Synthetic Polymers
5.3 Natural Polymer
5.3.1 Polyhydroxyalkanoate (PHA)
5.3.2 Polylactic Acid (PLA)
5.3.3 Other Natural Polymer
6 GLOBAL BIOCOMPOSITES MARKET, BY FIBER TYPE
6.1 Introduction
6.2 Non-Wood Fiber Composites
6.2.1 Jute
6.2.2 Hemp
6.2.3 Flax
6.2.4 Other Non-Wood Composites
6.3 Wood Fiber Composites
6.3.1 Softwood
6.3.2 Hardwood
6.3.3 Other Wood Fiber Composites
7 GLOBAL BIOCOMPOSITES MARKET, BY PRODUCT
7.1 Introduction
7.2 Green Biocomposites
7.3 Hybrid Biocomposites
8 GLOBAL BIOCOMPOSITES MARKET, BY PROCESS
8.1 Introduction
8.2 Injection Molding
8.3 Compression Molding
8.4 Other Processes
9 GLOBAL BIOCOMPOSITES MARKET, BY APPLICATION
9.1 Introduction
9.2 Consumer Goods
9.3 Building & Construction
9.4 Transportation
9.5 Other Applications
9.5.1 Aerospace
9.5.2 Electrical & Electronics
9.5.3 Marine
9.5.4 Sports & Leisure Goods
10 GLOBAL BIOCOMPOSITES MARKET, BY GEOGRAPHY
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 KEY DEVELOPMENTS
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 COMPANY PROFILING
12.1 UPM
12.2 Universal Forest Products, Inc.
12.3 Trex Company Inc.
12.4 Tecnaro GmbH
12.5 NewTechWood
12.6 Jelu - Werk J.Ehrler GmbH & Co. Kg
12.7 Greengran BV
12.8 Green Bay Decking
12.9 FlexForm Technologies, LLC
12.10 Advanced Environmental Recycling Technologies, Inc.
12.11 Fiberon, LLC
12.12 ALPAS Srl
12.13 Bcomp Ltd.
12.14 Meshlin Composites ZRT
LIST OF TABLES
Table 1 Global Biocomposites Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Biocomposites Market Outlook, By Polymer (2016-2026) ($MN)
Table 3 Global Biocomposites Market Outlook, By Synthetic Polymer (2016-2026) ($MN)
Table 4 Global Biocomposites Market Outlook, By Polypropylene (PP) (2016-2026) ($MN)
Table 5 Global Biocomposites Market Outlook, By Epoxy (2016-2026) ($MN)
Table 6 Global Biocomposites Market Outlook, By Other Synthetic Polymers (2016-2026) ($MN)
Table 7 Global Biocomposites Market Outlook, By Natural Polymer (2016-2026) ($MN)
Table 8 Global Biocomposites Market Outlook, By Polyhydroxyalkanoate (PHA) (2016-2026) ($MN)
Table 9 Global Biocomposites Market Outlook, By Polylactic Acid (PLA) (2016-2026) ($MN)
Table 10 Global Biocomposites Market Outlook, By Other Natural Polymer (2016-2026) ($MN)
Table 11 Global Biocomposites Market Outlook, By Fiber Type (2016-2026) ($MN)
Table 12 Global Biocomposites Market Outlook, By Non-Wood Fiber Composites (2016-2026) ($MN)
Table 13 Global Biocomposites Market Outlook, By Jute (2016-2026) ($MN)
Table 14 Global Biocomposites Market Outlook, By Hemp (2016-2026) ($MN)
Table 15 Global Biocomposites Market Outlook, By Flax (2016-2026) ($MN)
Table 16 Global Biocomposites Market Outlook, By Other Non-Wood Composites (2016-2026) ($MN)
Table 17 Global Biocomposites Market Outlook, By Wood Fiber Composites (2016-2026) ($MN)
Table 18 Global Biocomposites Market Outlook, By Softwood (2016-2026) ($MN)
Table 19 Global Biocomposites Market Outlook, By Hardwood (2016-2026) ($MN)
Table 20 Global Biocomposites Market Outlook, By Other Wood Fiber Composites (2016-2026) ($MN)
Table 21 Global Biocomposites Market Outlook, By Product (2016-2026) ($MN)
Table 22 Global Biocomposites Market Outlook, By Green Biocomposites (2016-2026) ($MN)
Table 23 Global Biocomposites Market Outlook, By Hybrid Biocomposites (2016-2026) ($MN)
Table 24 Global Biocomposites Market Outlook, By Process (2016-2026) ($MN)
Table 25 Global Biocomposites Market Outlook, By Injection Molding (2016-2026) ($MN)
Table 26 Global Biocomposites Market Outlook, By Compression Molding (2016-2026) ($MN)
Table 27 Global Biocomposites Market Outlook, By Other Processes (2016-2026) ($MN)
Table 28 Global Biocomposites Market Outlook, By Application (2016-2026) ($MN)
Table 29 Global Biocomposites Market Outlook, By Consumer Goods (2016-2026) ($MN)
Table 30 Global Biocomposites Market Outlook, By Building & Construction (2016-2026) ($MN)
Table 31 Global Biocomposites Market Outlook, By Transportation (2016-2026) ($MN)
Table 32 Global Biocomposites Market Outlook, By Other Applications (2016-2026) ($MN)
Table 33 Global Biocomposites Market Outlook, By Aerospace (2016-2026) ($MN)
Table 34 Global Biocomposites Market Outlook, By Electrical & Electronics (2016-2026) ($MN)
Table 35 Global Biocomposites Market Outlook, By Marine (2016-2026) ($MN)
Table 36 Global Biocomposites Market Outlook, By Sports & Leisure Goods (2016-2026) ($MN)
Note: North America, Europe, Asia Pacific, South America and Middle East & Africa tables are represented in above manner.
Table 1 Global Biocomposites Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Biocomposites Market Outlook, By Polymer (2016-2026) ($MN)
Table 3 Global Biocomposites Market Outlook, By Synthetic Polymer (2016-2026) ($MN)
Table 4 Global Biocomposites Market Outlook, By Polypropylene (PP) (2016-2026) ($MN)
Table 5 Global Biocomposites Market Outlook, By Epoxy (2016-2026) ($MN)
Table 6 Global Biocomposites Market Outlook, By Other Synthetic Polymers (2016-2026) ($MN)
Table 7 Global Biocomposites Market Outlook, By Natural Polymer (2016-2026) ($MN)
Table 8 Global Biocomposites Market Outlook, By Polyhydroxyalkanoate (PHA) (2016-2026) ($MN)
Table 9 Global Biocomposites Market Outlook, By Polylactic Acid (PLA) (2016-2026) ($MN)
Table 10 Global Biocomposites Market Outlook, By Other Natural Polymer (2016-2026) ($MN)
Table 11 Global Biocomposites Market Outlook, By Fiber Type (2016-2026) ($MN)
Table 12 Global Biocomposites Market Outlook, By Non-Wood Fiber Composites (2016-2026) ($MN)
Table 13 Global Biocomposites Market Outlook, By Jute (2016-2026) ($MN)
Table 14 Global Biocomposites Market Outlook, By Hemp (2016-2026) ($MN)
Table 15 Global Biocomposites Market Outlook, By Flax (2016-2026) ($MN)
Table 16 Global Biocomposites Market Outlook, By Other Non-Wood Composites (2016-2026) ($MN)
Table 17 Global Biocomposites Market Outlook, By Wood Fiber Composites (2016-2026) ($MN)
Table 18 Global Biocomposites Market Outlook, By Softwood (2016-2026) ($MN)
Table 19 Global Biocomposites Market Outlook, By Hardwood (2016-2026) ($MN)
Table 20 Global Biocomposites Market Outlook, By Other Wood Fiber Composites (2016-2026) ($MN)
Table 21 Global Biocomposites Market Outlook, By Product (2016-2026) ($MN)
Table 22 Global Biocomposites Market Outlook, By Green Biocomposites (2016-2026) ($MN)
Table 23 Global Biocomposites Market Outlook, By Hybrid Biocomposites (2016-2026) ($MN)
Table 24 Global Biocomposites Market Outlook, By Process (2016-2026) ($MN)
Table 25 Global Biocomposites Market Outlook, By Injection Molding (2016-2026) ($MN)
Table 26 Global Biocomposites Market Outlook, By Compression Molding (2016-2026) ($MN)
Table 27 Global Biocomposites Market Outlook, By Other Processes (2016-2026) ($MN)
Table 28 Global Biocomposites Market Outlook, By Application (2016-2026) ($MN)
Table 29 Global Biocomposites Market Outlook, By Consumer Goods (2016-2026) ($MN)
Table 30 Global Biocomposites Market Outlook, By Building & Construction (2016-2026) ($MN)
Table 31 Global Biocomposites Market Outlook, By Transportation (2016-2026) ($MN)
Table 32 Global Biocomposites Market Outlook, By Other Applications (2016-2026) ($MN)
Table 33 Global Biocomposites Market Outlook, By Aerospace (2016-2026) ($MN)
Table 34 Global Biocomposites Market Outlook, By Electrical & Electronics (2016-2026) ($MN)
Table 35 Global Biocomposites Market Outlook, By Marine (2016-2026) ($MN)
Table 36 Global Biocomposites Market Outlook, By Sports & Leisure Goods (2016-2026) ($MN)
Note: North America, Europe, Asia Pacific, South America and Middle East & Africa tables are represented in above manner.
