市场调查报告书
商品编码
1159205
生物合成的全球市场(2022年~2028)Biocomposites Market 2022-2028 |
全球生物合成的市场规模在预测期间内预计将以年复合成长率15.8%大幅成长。市场成长的主要因素有可回收性、成本效益和重量轻等几个使用优势。
本报告提供全球生物合成市场相关调查分析,提供市场趋势,市场区隔分析,地区分析,企业简介等资讯。
Global Biocomposites Market Size, Share & Trends Analysis Report by Product (Hybrid Biocomposites and Green Biocomposites), by Fiber Type (Wood Fiber Composites, and Non-Wood Fiber Composites) by Polymer Type (Natural Polymer Composites and Synthetic Polymer Composites), and by End-Use (Consumer Goods, Building & Construction, Transportation, Automobile, and Others) Forecast Period (2022-2028).
The global biocomposites market is anticipated to grow at a substantial CAGR of 15.8% during the forecast period. The biocomposites market is primarily driven the several usage advantages such as recyclability, cost-effectiveness and lightweight. Further, biocomposites are eco-friendly due to which the demand for biocomposites is rising globally and companies are concentrating towards production of sustainable bio-based products. For instance, in march 2020, UPM developed a wood based biocomposite material which is made from 100% renewable resources. The material is called as UPM Formi EcoAce containing certified wood and cellulose fibers to meet the sustainability requirements due to which it is expected that demand for such materials will rise in future.
The global biocomposites market is segmented based on the product, fiber type, polymer type, and end-use. Based on the product, the market is sub-segmented into hybrid biocomposites and green biocomposites. Based on the fiber type, the market is sub-segmented into the wood fiber composites, and non-wood fiber composites. Based on the polymer type, the market is sub-segmented into natural polymer composites and synthetic polymer composites. Based on the end-use, the market is sub-segmented into the consumer goods, building & construction, transportation, automobile, and others. Out of fiber type, wood fiber composites are expected to hold the prominent share in global biocomposites market due to its properties like moisture and fungus resistance which means it involves less care and have lengthier shelf life.
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Europe is expected to have significant growth for biocomposite market due to rising concern towards waste management and sustainable solutions. Major economies like UK, Germany and France are contributing towards the growth of biocomposites in that region. For instance, in October 2021, UK-based Retrac Group launched a range of sustainable bio-composite products to offer customers sustainability with improved performance. These products are suitable for numerous applications due to which their demand is expected to rise.
The major companies serving the global biocomposites market include BASF SE, Bcomp Ltd., Celanese Corp., Fiberon, FlexForm Technologies, LANXESS, Lingrove Inc., Mitsubishi Chemical Advanced Materials AG, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in May 2021, AirXCoffee launched coffee biocomposite to replace single-use plastic. The coffee composite is bio-based, recyclable, light with an aroma of coffee and appearance of dark wood.
Research Methodology
The market study of the global biocomposites market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: