ūüďě  +1 (855) 661-4441(US)   ūüďě  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players√Ę‚ā¨‚ĄĘ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Biocomposite Companies

Biocomposites companies specialize in the production of materials composed of natural fibers and biodegradable polymers. These sustainable alternatives to traditional composites find applications in industries like automotive, construction, and packaging. Biocomposites companies contribute to environmentally friendly solutions, blending natural resources with advanced materials for improved performance and reduced environmental impact.

Biocomposites Key Companies

Biocomposites, a blend of natural fibers and bio-based resin, are emerging as a sustainable alternative to traditional composites made from petroleum-derived materials. Their remarkable properties, including low weight, high strength, and biodegradability, are fueling their adoption across diverse industries like automotive, construction, and consumer goods. However, navigating this competitive landscape demands strategic foresight and adaptability.

Key Strategies Driving Market Growth:

  • Product Diversification:¬†Leading players like UPM,¬†Trex Company,¬†and Fiberon are continuously expanding their biocomposite portfolios,¬†introducing novel formulations tailored to specific end-use requirements.¬†This differentiation caters to niche markets and strengthens customer loyalty.

  • Vertical Integration:¬†Securing upstream control over key raw materials like natural fibers is crucial for ensuring stable supply chains and cost competitiveness.¬†Companies like Green Composites are actively pursuing vertical integration,¬†gaining control over critical resources.

  • Technological Advancements:¬†Continuous research and development in novel bio-based resins,¬†improved fiber processing techniques,¬†and biocomposite manufacturing efficiencies are vital for sustained growth.¬†Tecnaro's recent breakthrough in using recycled plastic waste in bio-resin production exemplifies this innovative approach.

  • Geographic Expansion:¬†Emerging economies like China and India present immense potential for biocomposites.¬†Companies like JELU-WERK J.¬†Ehrler GmbH & Co.¬†KG are strategically building production facilities in these regions to capitalize on the growing demand.

  • Sustainability Focus:¬†Environmental concerns surrounding traditional composites are pushing manufacturers towards greener alternatives.¬†Newtechwood's focus on using post-consumer recycled wood fibers in their biocomposite decking demonstrates this commitment to sustainability.

Factors Dictating Market Share:

  • Brand Reputation and Reliability:¬†Established players with proven track records like Universal Forest Products,¬†Inc.¬†and Meshlin Composites ZRT enjoy significant market share due to their brand recognition and consistent quality.¬†However,¬†innovative startups addressing specific applications can still carve out their space.

  • Cost Competitiveness:¬†Optimizing production processes and sourcing affordable natural fibers and bio-resins are crucial for cost leadership.¬†Asian manufacturers often have an edge due to lower labor costs,¬†but premium brands command higher prices due to superior performance and environmental credentials.

  • Distribution Network and Customer Service:¬†Extensive distribution networks and prompt technical support are essential for customer satisfaction and repeat business.¬†Companies like FlexForm Technologies excel in this area.

  • Regulatory Landscape:¬†Stringent environmental regulations,¬†especially in Europe and North America,¬†are pushing manufacturers towards bio-based materials and sustainable production practices.¬†Adapting to evolving regulations and developing compliant products becomes crucial for market success.

Key Players:

  • MCG Biocomposites LLC¬†(U.S.)

  • Anhui Guofeng Wood-Plastic Composite Co. Ltd. (China)


  • Green Dot Holding LLC¬†(US.)

  • Yixing Hualong New Material Lumber Co. Ltd. (China)

  • Advanced Environmental Recycling Technologies Inc.(US.)

  • Bcomp Ltd.(Switzerland)

  • Nanjing Xuha Sundi New Building Materials Ltd. (China)

  • Lingrove LLC (US), among others

Industry News and Recent Developments:

August 2023: Ford Motor Company announces plans to use biocomposites in the interior trim panels of its new electric vehicle model, highlighting the material's growing prominence in the automotive sector.


September 2023: The European Union unveils a new Green Deal initiative aimed at promoting the use of bio-based materials in construction projects, boosting demand for biocomposites in this industry.


November 2023: The US Department of Agriculture announces a grant program to support research and development of new bio-based resins and fiber processing technologies, fueling further innovation in the sector.


December 2023: A consortium of leading biocomposite manufacturers and research institutions launches a collaborative project to develop standards for biodegradability and lifecycle assessment of biocomposites, addressing concerns about end-of-life management.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.