Biocomposite Market Research Report- Forecast to 2023

Biocomposite Market Research Report- Forecast to 2023

ID: MRFR/CnM/3022-HCRR | October, 2018 | Region: Global | 140 pages | Half-Cooked Research Reports

Global Biocomposite Market by Fiber Type (Hemp, Kenaf, Flax, Jute, and Others) by Process (Compression Molding, Injection Molding, and Others), by End Use Industry (Building & Construction, Automotive, Consumer Goods, and Others), and by region till 2023


Biocomposite is a composite material made out of a matrix or resin. It is a reinforcement of natural or plant fibers. In this kind of materials, the structure of the living materials is involved in the process of manufacturing composites, keeping the strengthening properties of the matrix intact by providing biocompatibility. The matrix phase is the most important phase which protect the fibers from environmental degradation and mechanical damage. It also hold the fibers together and helps to transfer the loads on it. This is because the matrix is a polymer derived either from renewable or nonrenewable source. In addition to the matrix, the natural fibers or biofibers are the primary components of Biocomposites, which are derived from biological origins, such as fibers from crops including cotton, flax or hemp, recycled wood, waste paper, crop processing byproducts or regenerated cellulose fiber like rayon. They exhibit a number of beneficial properties such as end products with reasonable cost, lower density, higher tensile strength and stiffness than glass fibers. The Biocomposites could be a viable ecological alternative to carbon, glass, and man-made fiber composites. Globally, Biocomposites are rapidly growing in terms of industrial and household applications such as automobiles, railway coaches, aerospace, defense, building & construction, and packaging, among others. Apart from these commercial applications, Biocomposites are also used in fundamental research, due to its greater renewability, affordability, recyclability, and most important its biodegradability.


The use of Biocomposite materials improve health and safety in their production, are lighter in weight, have a visual appeal similar to that of wood, and are environmentally superior. The most differential property of Biocomposite is its biodegradability and cent percent recyclability in most of the cases, which helps to mitigate environmental concerns for many scientists, engineers and society as well. On account of these characteristic features possessed by Biocomposites over its counterparts, it is observed as a major replacement for the synthetic composites. The building & construction activities are tangibly growing around the world, which is expected to furl the demand of Biocomosites in coming years. Moreover, the lower labor cost in developing countries is adding into the benefits of this labor intensive end use industries. The global composite market is estimated to grow at significantly higher CAGR of ~8.5% during the forecast period. This is attributed to an increasing demand by growing end use industries such as construction, transportation, and wind energy, which may help push growth of the Global Bicomposite Market as well. However, there are some constraints operating in the market which are needed to be considered. It includes the relative low strength of the product as compared to glass fibers and fluctuating cost, availability, and quality of raw materials.


Global Biocomposite Market Share, by End Use Industries 2016 (%):Biocomposite Market


Regional Analysis:


The major regions in terms of markets size in the global Biocomposite Market are Asia Pacific, North America, and Europe. Other regions include Middle East & Africa, and Latin America. Asia Pacific is the largest market for synthetic rubber holding over 50% of share of the Global Biocomposite Market. The region has undertaken expansion of its infrastructural projects which is anticipated to propel the demand of Biocomposite in this region. In addition to construction, automobile industries in this region is fethching the maximum demand in diverse application. Following Asia Pacific, North America is the second most significant region in the Global Biocomposite Market. The growth of the market in this region is attributed to reconstruction activities and demand from transportation sector, along with the sports and aerospace industry. Major demand of Biocomposite in the transportation sector in this region is pulled by aircraft industry .Europe is another substantial market in the Global Biocomposite Market. Demand of the product in this region is majorly driven by automotive industry and building & construction. Other regions in the Global Biocomposite Market are Latin America and Middle East & Africa. Latin America, among them, is estimated to grow at considerable CAGR owing to availability of raw material and emerging end use industry. The Middle East & Africa has an advantage of greater investment potential and growth opportunities, which is expected help the region to attain significant growth rate in coming years.


Segmentation:


The Global Biocomposite Market is segmented on the basis of fiber type, process, end use industry, and region. Based on fiber type, the market is segmented into hemp, kenaf, flax, jute, and others. On the basis of process, the Global Bicomposite Market is divide into compression molding, injection molding, and others. Based on end use industry, the market is segmented into building & construction, automotive, consumer goods, and others. Geographically, the Global Biocomposite Market is segmented into Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. Among them Asia Pacific is estimated to grow at highest CAGR.


Key Players:


Key players in the Global Biocomposite are MCG BioComposites, LLC (U.S.), Anhui Guofeng Wood Plastic Composite Co., Ltd. (China), A.B.COMPOSITES PVT.LTD. (India), Green Dot Holding LLC (U.S.),  Yixing Hualong New Material Lumber Co., Ltd. (China), Advanced Environmental Recycling Technologies, Inc.(U.S.), Bcomp Ltd.(Switzerland),  Nanjing Xuha Sundi New Building Materials Co.,Ltd. (China), TTS.(Canada), and Lingrove, LLC (U.S.), among others.


Intended Audience



  • Biocomposites Manufacturers

  • Traders and Distributors of Biocomposites

  • Research and Development Institute

  • Potential Investors

  • Raw Material Suppliers

  • National Laboratory

TABLE OF CONTENTS:

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Processology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global biocomposite market

5 Industry Overview of Global biocomposite market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global biocomposite market by fiber type

7.1 Introduction

7.2 Hemp

7.2.1 Market Estimates & Forecast, 2016-2023

7.2.2 Market Estimates & Forecast by Region, 2016-2023

7.3 Kenaf

7.3.1 Market Estimates & Forecast, 2016-2023

7.3.2 Market Estimates & Forecast by Region, 2016-2023

7.4 Flax

7.4.1 Market Estimates & Forecast, 2016-2023

7.4.2 Market Estimates & Forecast by Region, 2016-2023

7.5 Jute

7.5.1 Market Estimates & Forecast, 2016-2023

7.5.2 Market Estimates & Forecast by Region, 2016-2023

7.6 Others

7.6.1 Market Estimates & Forecast, 2016-2023

7.6.2 Market Estimates & Forecast by Region, 2016-2023

8. Global biocomposite market by process

8.1 Introduction

8.2 Compression molding

8.2.1 Market Estimates & Forecast, 2016-2023

8.2.2 Market Estimates & Forecast by Region, 2016-2023

8.3 Injection molding

8.3.1 Market Estimates & Forecast, 2016-2023

8.3.2 Market Estimates & Forecast by Region, 2016-2023

8.4 Others

8.4.1 Market Estimates & Forecast, 2016-2023

8.4.2 Market Estimates & Forecast by Region, 2016-2023

9. Global Biocomposite Market by End Use Industry

9.1 Introduction

9.2 Building & construction

9.2.1 Market Estimates & Forecast, 2016-2023

9.2.2 Market Estimates & Forecast by Region, 2016-2023

9.3 Automotive

9.3.1 Market Estimates & Forecast, 2016-2023

9.3.2 Market Estimates & Forecast by Region, 2016-2023

9.4 Consumer goods

9.4.1 Market Estimates & Forecast, 2016-2023

9.4.2 Market Estimates & Forecast by Region, 2016-2023

9.5 Others

9.5.1 Market Estimates & Forecast, 2016-2023

9.5.2 Market Estimates & Forecast by Region, 2016-2023

10. Global Biocomposite Market by Region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast, 2016-2023

10.2.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.2.3 Market Estimates & Forecast by Process, 2016-2023

10.2.4 Market Estimates & Forecast by End use industry, 2016-2023

10.2.5 US

10.2.5.1 Market Estimates & Forecast, 2016-2023

10.2.5.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.2.5.3 Market Estimates & Forecast by Process, 2016-2023

10.2.5.4 Market Estimates & Forecast by End use industry, 2016-2023

10.2.6 Mexico

10.2.6.1 Market Estimates & Forecast, 2016-2023

10.2.6.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.2.6.3 Market Estimates & Forecast by Process, 2016-2023

10.2.6.4 Market Estimates & Forecast by End use industry, 2016-2023

10.2.7 Canada

10.2.7.1 Market Estimates & Forecast, 2017-2023

10.2.7.2 Market Estimates & Forecast by Fiber type, 2017-2023

10.2.7.3 Market Estimates & Forecast by Process, 2017-2023

10.2.7.4 Market Estimates & Forecast by End use industry, 2017-2023

10.3 Europe

10.3.1 Market Estimates & Forecast, 2016-2023

10.3.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.3.3 Market Estimates & Forecast by Process, 2016-2023

10.3.4 Market Estimates & Forecast by End use industry, 2016-2023

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast, 2016-2023

10.3.5.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.3.5.3 Market Estimates & Forecast by Process, 2016-2023

10.3.5.4 Market Estimates & Forecast by End use industry, 2016-2023

10.3.6. France

10.3.6.1 Market Estimates & Forecast, 2016-2023

10.3.6.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.3.6.3 Market Estimates & Forecast by Process, 2016-2023

10.3.6.4 Market Estimates & Forecast by End use industry, 2016-2023

10.3.7 Italy

10.3.7.1 Market Estimates & Forecast, 2017-2023

10.3.7.2 Market Estimates & Forecast by Fiber type, 2017-2023

10.3.7.3 Market Estimates & Forecast by Process, 2017-2023

10.3.7.4 Market Estimates & Forecast by End use industry, 2017-2023

10.3.8 Spain

10.3.8.1 Market Estimates & Forecast, 2016-2023

10.3.8.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.3.8.3 Market Estimates & Forecast by Process, 2016-2023

10.3.8.4 Market Estimates & Forecast by End use industry, 2016-2023

10.3.9 UK

10.3.9.1 Market Estimates & Forecast, 2016-2023

10.3.9.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.3.9.3 Market Estimates & Forecast by Process, 2016-2023

10.3.9.4 Market Estimates & Forecast by End use industry, 2016-2023

10.4 Asia Pacific

10.4.1 Market Estimates & Forecast, 2016-2023

10.4.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.4.3 Market Estimates & Forecast by Process, 2016-2023

10.4.4 Market Estimates & Forecast by End use industry, 2016-2023

10.4.5 China

10.4.5.1 Market Estimates & Forecast, 2016-2023

10.4.5.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.4.5.3 Market Estimates & Forecast by Process, 2016-2023

10.4.5.3 Market Estimates & Forecast by End use industry, 2016-2023

10.4.6 India

10.4.6.1 Market Estimates & Forecast, 2016-2023

10.4.6.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.4.6.3 Market Estimates & Forecast by Process, 2016-2023

10.4.6.4 Market Estimates & Forecast by End use industry, 2016-2023

10.4.7 Japan

10.4.7.1 Market Estimates & Forecast, 2016-2023

10.4.7.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.4.5.3 Market Estimates & Forecast by Process, 2016-2023

10.4.5.4 Market Estimates & Forecast by End use industry, 2016-2023

10.4.8 Australia

10.4.8.1 Market Estimates & Forecast, 2016-2023

10.4.8.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.4.8.3 Market Estimates & Forecast by Process, 2016-2023

10.4.8.4 Market Estimates & Forecast by End use industry, 2016-2023

10.4.9 New Zealand

10.4.9.1 Market Estimates & Forecast, 2016-2023

10.4.9.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.4.9.3 Market Estimates & Forecast by Process, 2016-2023

10.4.9.4 Market Estimates & Forecast by End use industry, 2016-2023

10.4.10 Rest of Asia Pacific

10.4.10.1 Market Estimates & Forecast, 2016-2023

10.4.10.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.4.10.3 Market Estimates & Forecast by Process, 2016-2023

10.4.10.4 Market Estimates & Forecast by End use industry, 2016-2023

10.5 Middle East & Africa

10.5.1 Market Estimates & Forecast, 2016-2023

10.5.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.5.3 Market Estimates & Forecast by Process, 2016-2023

10.5.4 Market Estimates & Forecast by End use industry, 2016-2023

10.5.4 Turkey

10.5.4.1 Market Estimates & Forecast, 2016-2023

10.5.4.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.5.4.3 Market Estimates & Forecast by Process, 2016-2023

10.5.4.4 Market Estimates & Forecast by End use industry, 2016-2023

10.5.5 Israel

10.5.5.1 Market Estimates & Forecast, 2016-2023

10.5.5.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.5.5.3 Market Estimates & Forecast by Process, 2016-2023

10.5.5.4 Market Estimates & Forecast by End use industry, 2016-2023

10.5.6 North Africa

10.5.6.1 Market Estimates & Forecast, 2016-2023

10.5.6.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.5.6.3 Market Estimates & Forecast by Process, 2016-2023

10.5.6.4 Market Estimates & Forecast by End use industry, 2016-2023

10.5.7 GCC

10.5.7.1 Market Estimates & Forecast, 2016-2023

10.5.7.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.5.7.3 Market Estimates & Forecast by Process, 2016-2023

10.5.7.4 Market Estimates & Forecast by End use industry, 2016-2023

10.5.8 Rest of Middle East & Africa

10.5.8.1 Market Estimates & Forecast, 2016-2023

10.5.8.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.5.8.3 Market Estimates & Forecast by Process, 2016-2023

10.5.8.4 Market Estimates & Forecast by End use industry, 2016-2023

10.6 Latin America

10.6.1 Market Estimates & Forecast, 2016-2023

10.6.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.6.3 Market Estimates & Forecast by Process, 2016-2023

10.6.4 Market Estimates & Forecast by End use industry, 2016-2023

10.6.4 Brazil

10.6.4.1 Market Estimates & Forecast, 2016-2023

10.6.4.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.6.4.3 Market Estimates & Forecast by Process, 2016-2023

10.6.4.4 Market Estimates & Forecast by End use industry, 2016-2023

10.6.5 Argentina

10.6.5.1 Market Estimates & Forecast, 2016-2023

10.6.5.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.6.5.3 Market Estimates & Forecast by Process, 2016-2023

10.6.5.4 Market Estimates & Forecast by End use industry, 2016-2023

10.6.6 Rest of Latin America

10.6.6.1 Market Estimates & Forecast, 2016-2023

10.6.6.2 Market Estimates & Forecast by Fiber type, 2016-2023

10.6.6.3 Market Estimates & Forecast by Process, 2016-2023

10.6.6.4 Market Estimates & Forecast by End use industry, 2016-2023

11. Company Landscape

12. Company Profiles

12.1 MCG BioComposites, LLC

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 Anhui Guofeng Wood Plastic Composite Co., Ltd.

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 A.B.COMPOSITES PVT.LTD.

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 Green Dot Holding LLC

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 Yixing Hualong New Material Lumber Co., Ltd.

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 Advanced Environmental Recycling Technologies, Inc.

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 Bcomp Ltd.

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 Nanjing Xuha Sundi New Building Materials Co., Ltd.

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 TTS.

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.10 Lingrove, LLC

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

13. Conclusion



LIST OF TABLES:

Table 1 World Population by Major Regions (2016 To 2030)

Table 2 Global biocomposite Market: By Region, 2016-2023

Table 3 North America biocomposite Market: By Country, 2016-2023

Table 4 Europe biocomposite Market: By Country, 2016-2023

Table 5 Asia-Pacific biocomposite Market: By Country, 2016-2023

Table 6 Middle East & Africa biocomposite Market: By Country, 2016-2023

Table 7 Latin America biocomposite Market: By Country, 2016-2023

Table 8 Global biocomposite by Fiber type Market: By Regions, 2016-2023

Table 9 North America biocomposite by Fiber type Market: By Country, 2016-2023

Table10 Europe biocomposite by Fiber type Market: By Country, 2016-2023

Table11 Asia-Pacific biocomposite by Fiber type Market: By Country, 2016-2023

Table12 Middle East & Africa biocomposite by Fiber type Market: By Country, 2016-2023

Table13 Latin America biocomposite by Fiber type Market: By Country, 2016-2023

Table14 Global biocomposite by Process Market: By Regions, 2016-2023

Table15 North America biocomposite by Process Market: By Country, 2016-2023

Table16 Europe biocomposite by Process Market: By Country, 2016-2023

Table17 Asia-Pacific biocomposite by Process Market: By Country, 2016-2023

Table18 Middle East & Africa biocomposite by Process Market: By Country, 2016-2023

Table19 Latin America biocomposite by Process Market: By Country, 2016-2023

Table20 North America biocomposite for End use industry Market: By Country, 2016-2023

Table21 Europe biocomposite for End use industry Market: By Country, 2016-2023

Table22 Asia-Pacific biocomposite for End use industry Market: By Country, 2016-2023

Table23 Middle East & Africa biocomposite for End use industry Market: By Country, 2016-2023

Table24 Latin America biocomposite for End use industry Market: By Country, 2016-2023

Table25 Global Fiber type Market: By Region, 2016-2023

Table26 Global End use industry Market: By Region, 2016-2023

Table27 Global End use industry Market: By Region, 2016-2023

Table28 North America biocomposite Market, By Country

Table29 North America biocomposite Market, By Fiber type

Table30 North America biocomposite Market, By Process

Table31 North America biocomposite Market, By End use industry

Table32 Europe: biocomposite Market, By Country

Table33 Europe: biocomposite Market, By Fiber type

Table34 Europe: biocomposite Market, By Process

Table35 Europe: biocomposite Market, By End use industry

Table36 Asia-Pacific: biocomposite Market, By Country

Table37 Asia-Pacific: biocomposite Market, By Fiber type

Table38 Asia-Pacific: biocomposite Market, By Process

Table39 Asia-Pacific: biocomposite Market, By End use industry

Table40 Middle East & Africa: biocomposite Market, By Country

Table41 Middle East & Africa biocomposite Market, By Fiber type

Table42 Middle East & Africa biocomposite Market, By Process

Table43 Middle East & Africa: biocomposite Market, By End use industry

Table44 Latin America: biocomposite Market, By Country

Table45 Latin America biocomposite Market, By Fiber type

Table46 Latin America biocomposite Market, By Process

Table47 Latin America: biocomposite Market, By End use industry



LIST OF FIGURES:

FIGURE 1 Global biocomposite market segmentation

FIGURE 2 Forecast Processology

FIGURE 3 Five Forces Analysis of Global biocomposite Market

FIGURE 4 Value Chain of Global biocomposite Market

FIGURE 5 Share of Global biocomposite Market in 2016, by country (in %)

FIGURE 6 Global biocomposite Market, 2016-2023,

FIGURE 7 Sub segments of Fiber type

FIGURE 8 Global biocomposite Market size by Fiber type, 2016

FIGURE 9 Share of Global biocomposite Market by Fiber type, 2016 to 2023

FIGURE 10 Global biocomposite Market size by Process, 2016

FIGURE 11 Share of Global biocomposite Market by Process, 2016 to 2023

FIGURE 12 Global biocomposite Market size by End use industry, 2016

FIGURE 13 Share of Global biocomposite Market by End use industry, 2016 to 2023