Biocomposites Market report for 2025 – Companies, applications, products and more

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Biocomposites Market 2019 to 2025, Key Industry
Players Growth Trends
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Global Market Scenario of Biocomposites Industry

• Biocomposites market segment by fiber type covers
  wood fiber composites and non-wood fiber
  composites. Non-wood or natural fibers are more
  popular in the industry due to their superior
  physical and mechanical properties. These are
  fairly long fibers, and possess high cellulose
  content, which delivers a significant degree of
  cellulose crystallinity and enhanced tensile
  strength.
• On the other hand, wood fiber composites have
  more than 60 of its mass as wood elements, and
  are moisture and mildew resistant. This enhances
  its shelf life and facilitates its application in
  the building construction sector.
• Global Biocomposites Market size is mainly driven
  by increasing demand from automotive industry,
  where the product is employed to reduce the
  weight of vehicles without compromising on
  performance, quality and safety. Biocomposites
  can also be used in combination with standard
  materials, such as carbon and glass fibers, which
  results in a higher tensile strength and
  stiffness.
• This improves the product performance and
  minimizes the environmental impacts. In addition,
  rising awareness among consumers regarding
  eco-friendly materials and government resolutions
  to substitute plastics with environmentally
  favorable materials are major trends responsible
  for biocomposites market growth.

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• Regional Trends-
• North America region will witness significant
  growth rate owing to growing demand for
  technologically advanced consumer electronics and
  automobile production in the U.S. The regional
  government have undertaken several initiatives
  related to infrastructural projects across
  residential, non-residential and commercial
  sectors, which is expected to propel the demand
  for biocomposites in near future.
• Europe is another substantial market in the
  global biocomposite market. The European Unions
  ban on non-recyclable plastics is expected to
  drive the market in the region, whereas
  technological advancements and availability of
  raw material in the region is projected to
  benefit this market.

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Market Research Reports Key Analytical Components
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• Competitive Trends
• Global biocomposite market is moderately
  competitive owing to the presence of various
  industry players at global as well as local
  levels. There is a high initial fixed cost to
  setup manufacturing facility, and companies are
  vying to achieve economy of scale.
• Several key players in this industry are FlexForm
  Technologies, Fiberon, Tecnaro, UPM, Meshlin
  Composites, Trex Company, Universal Forest
  Products, MCG BioComposites, Jelu-Werk J. Ehrler
  GmbH, Alpas SRL etc.

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