Biocomposites Market Projected to Surge as Sustainable Materials Gain Momentum Through 2030

SAG HARBOR, N.Y. - March 25, 2025 - PRLog -- The rapid expansion of the global construction sector coupled with rising adoption of biocomposites by aerospace and defense sectors are elevating the growth of the biocomposites industry globally. Additionally, the flourishing requirements in the automotive sector is further intensifying the industry demand.

Key Takeaways:

• Asia-Pacific biocomposites industry is witnessing lucrative growth by holding 43% of industry shares, driven by rising government support for various sustainability projects. Moreover, the availability of emerging and developed countries such as China, India, and Japan, mainly possess large volumes of natural fibers for eliminating high production costs while supply chain, further boost the demand for biocomposites industry across Asia-Pacific region.
• Based on Fiber Type, the wood fibers are dominating the global biocomposites industry with substantial shares, owing to their abundance, renewability, and superior mechanical properties.
• Green Biocomposites holds the highest portion of the global biocomposites industry i.e., 63.75%. This flourishing requirements is significantly attributed to the stringent international government regulations.

Biocomposites Market Overview2025-30

According to the latest report published by Markntel Advisors, the Global Biocomposites Market size was valued at around USD 36.9 billion in 2024 and is projected to reach USD 89 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 16% during the forecast period, i.e., 2025-30.

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Leading Players in Biocomposites Industry

• Stora Enso,
• UPM,
• UFP Industries, Inc.,
• Trex Company, Inc.,
• Fiberon LLC,
• Green Dot Corporation,
• RTP Company,
• Lingrove Inc., and others

Biocomposites Industry Segment

Processing Method:

• Filament Winding,
• Extrusion,
• Injection Molding,
• Compression Molding,
• Machine Press,
• Others

Polymer Matrix:

• Synthetic Polymer [Polypropylene, Polystyrene, Others],
• Bio-Based Polymer [Polylactic acid, Polyhydroxyalkanoates, Polybutylene Succinate, Others]

Product Type:

• Green Biocomposites,
• Hybrid Biocomposites,
• Others

Fiber Type:

• Wood Fibers,
• Non-Wood Fibers, Flax, Jute, Kenaf', Hemp, Coir, Sisal, Others

End User:

• Transportation,
• Building and Construction,
• Consumer goods,
• Electrical & electronics

By Region:

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Regional Projection: Asia-Pacific Region Generating Maximum Market Revenue

Asia Pacific dominates the Global Biocomposites Market. It holds approx. 43% of the global market. Its abundant raw materials, governmental backing, and robust industrial demand lead the international market.

Key Questions Answered in the Research Report

1. What is the predicted market size and growth rate for the years 2025-30?
2. What challenges are restricting the growth of the market?
3. What are the key Drivers, Trends, and opportunities defining the market size?
4. Which segment accounted for the largest market share in the market?
5. Which region has the maximum potential for the market?
6. Which prominent companies are leading growth in the market?

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