Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Biocomposites Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Biocomposites Industry in 2024 and 2025?
The Biocomposites market has expanded swiftly over the last few years. The market size, from being $33.92 billion in 2024, is projected to reach $39.4 billion in 2025. This growth represents a compound annual growth rate (CAGR) of 16.2%.
What Is the Projected Market Size of the Biocomposites Market in 2029?
The Biocomposites market is projected to expand to a worth of $73.58 billion by 2029, with a compound annual growth rate (CAGR) of 16.9%.
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What Are the Key Drivers of Biocomposites Market Growth?
The key Drivers in the biocomposites market are:
• Escalating environmental concerns fueling demand for eco-friendly products
• Reduced environmental footprint of biocomposites
• Greater safety of biocomposites for humans and ecosystems
• High recyclability and reusability of most biocomposites
What Are the Primary Segmentation Categories in the Biocomposites Market?
The biocompositesmarket covered in this report is segmented –
1) By Product: Hybrid Biocomposites, Green Biocomposites
2) By Polymer: Natural Polymer Composites, Synthetic Polymer Composites
3) By Fiber Type: Wood Fiber Composites, Non-Wood Fiber Composites
4) By End-Use Industries: Building And Construction, Transportation, Consumer Goods, Others End-Use Industries
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What Are the Major Trends Shaping the Biocomposites Market in 2025 and Beyond?
The key trends in the biocomposites market are:
• The introduction of new technological innovations is anticipated to reshape the future of the biocomposites market.
• The development and implementation of fully biocomposite material Tepex is another emerging trend.
• The increase in the production of innovative medical products such as STIMULAN VG indicates a growing trend.
• The focus on improving infection management through localized delivery methods which decrease systemic side effects represents a significant anticipated trend.
Who Are the Emerging Players in the Biocomposites Market?
The key players in the biocomposites market are:
• UPM
• Trex Company Inc
• Fiberon LLC
• FlexForm Technologies
• Universal Forest Products Inc
• JELU-WERK J. Ehrler GmbH & Co. KG
• Tecnaro GmbH
• Newtechwood
• Meshlin Composites ZRT
• Green Bay Decking LLC
• AlPAS Srl
• Nanjing Jufeng Advanced Materials Co
• Arakawa Chemical Industries
• Zeller+Gmelin Corporation
• Hydrite Chemical Co.
• Rahn AG
• Aal Chem
• SICPA Holding SA
• Fuzion Technologies Inc.
• Rütgers Organics GmbH
• Eternal Materials Co. Ltd.
• Imerys
• Technovinyl Polymers India Ltd.
• Aapico Hitech Public Company Limited
• Amorim
• BioLogic
• Advanced Compounding
• Stora Enso
• Sappi Ltd.
• GreenCore Composites
Which Regions Are Leading the Growth in the Global Biocomposites Market?
Asia-Pacific was the largest region in the biocomposites market in 2024
