Wednesday, August 3, 2022

Government efforts to replace plastics with biodegradable and environmentally favorable alternatives will be the Future Catalyst for Biocomposites Market in North America: Ken Research

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  • Rising environmental concerns supported by the increasing need for lowering emission levels is expected to provide a strong thrust to the growth of the biocomposites market.
  • With growing technical breakthroughs aimed at discovering novel composite materials and new uses, as well as investment in research and commercialization of final goods.
  • Plastic packaging is one of the latest application trends for bio-based polymers. In combination with natural fibers, they can offer excellent prospects for environmental marketing, particularly in bio-cosmetic cans or packaging for bio-based detergents.

Government support for use of bio-based composites: Growing environmental awareness and growing global waste problems are making governments aware of environmental hazards and encouraging them to support innovation and commercialization of the use of bio-based composites.

Shift towards composites derived from natural sources: Traditionally, plastic composites were heavily used in various end-use industries. However, because of the environmental impacts of these composites (carbon fiber and glass fiber), such as air pollution, greenhouse gas (GHG) emissions, and landfill issues, researchers and scientists shifted towards composites derived from natural sources.

North America Biocomposites Market

Natural composites have many advantages over synthetic composites such as low cost, low environmental impact, and high fiber content resulting in less pollution. Hence, due to the cheap, recyclable, and biodegradable nature, consumer preference is shifting from plastic composites to eco-friendly composites, thus becoming the dominant trend in the biocomposites market.

Increasing variety of ingredients for bio composites: Natural fiber is made from plants and cellulose. Bio-based materials are low in weight, offer damping and impact absorption, and have certain health advantages due to the presence of natural fibers. There has been a noticeable increase in the variety of ingredients that are typically used in the biocomposites market including hemp, jute and flax are popular natural fibers used in biocomposites.  The fact that biocomposites have a lower environmental effect than glass fiber is one of the primary factors propelling the worldwide biocomposites market ahead. The global need for high-performance engineered goods derived from natural resources is increasing.

Analysts at Ken Research in their latest publication North America Biocomposites Market Outlook and Forecast to 2027 – Driven by Rise in Demand of Eco Friendly and Durable Manufacturing Materials: Ken Research believe that the Biocomposites market is expected to grow on the basis of rapid rise in adoption of these solutions due to their affordability & flexibility to meet varying needs of different industry users.

Key Segments Covered in North America Biocomposites Market: -

North America Biocomposites Market by Product Type

Hybrid Biocomposites

Green Biocomposites

North America Biocomposites Market by Fiber Type

Wood Fiber Composites

Non-wood Fiber Composites

North America Biocomposites Market by Polymer Type

Natural Polymer Composites

Synthetic Polymer Composites

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North America Biocomposites Market by Type of End User Industry

Automobile & Transportation

Building & Construction

Consumer Goods

Electrical & Electronics

Aerospace & Defense

North America Biocomposites Market by Geography and Major Countries

USA

Canada

Mexico

Key Target Audience: -

Biocomposites Manufacturers

Bio-pellet Manufacturers

Composites Manufacturers

Plastics Manufacturers

Chemicals Manufacturers

Petrochemicals & Resins Manufacturers

Primary Biocomposites Fiber Farming Organizations

Automobile Component Manufacturing Companies

Building & Construction Materials and Products Manufacturing Companies

Electrical & Electronics Components Manufacturers

Military Defense Components Manufacturers

Aerospace Components manufacturer

Potential Investors in Biocomposites Industry

Allied/Auxiliary Industries in Biocomposites Market

Biocomposites Wholesalers and Distributors

Time Period Captured in the Report: -

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Companies Mentioned: –

Key Competitors in North America Biocomposites Market

Lingrove

MCG BioComposites

Trex

FlexForm Technologies

Fiberon

Tekle Technical Services Inc.

DuxxBak

BioComposites Group

The AZEK Company

Universal Forest Products Inc.

NewTechWood

Owens Corning

Emerging Biocomposites Companies in North America

Primitives

RWDC Industries

NovolBio

Anomera

Bast Fibre Technologies

Natural Fibre Technologies

Safran Aero Composites

CompositeTechs, LLC

Key Topics Covered in the Report: -

Snapshot of North America Biocomposites Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of North America Biocomposites Market

Historic Growth of Overall North America Biocomposites Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of North America Biocomposites Industry

Overview, Product Offerings, and SWOT Analysis of All the Key Competitors

Covid 19 Impact on the Overall North America Biocomposites Market

Future Market Forecast and Growth Rates of the Total North America Biocomposites Market and by Segments

Market Size of End User Industries with Historical CAGR and Future Forecasts

Analysis of North America Biocomposites Market in Major North American Countries

Major Production / Consumption Hubs in the Major Countries

Major Production/Supply and Consumption/Demand Hubs in Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging North America Biocomposites Companies within Each Major Country

TTS Biocomposites Market

Lingrove Biocomposites Market

MCG BioComposite Market

FlexForm Technologies Biocomposites Market

Owens Corning Biocomposites Market

Primitives Biocomposites Market

RWDC Industries Biocomposites Market

NovolBio Biocomposites Market

Anomera Biocomposites Market

USA Biocomposites Market Major Players

Covid-19 Impact USA Biocomposites Market

Canada Biocomposites Industry Research Report

Biocomposites Market in Canada

Mexico Biocomposites Market Research Report

For more information on the research report, refer to below link: -

North America Biocomposites Industry

Related Reports: -

Global Bio-Adhesive Market Outlook to 2022 – by Product (Hyaluronic Based, Fibrin Based, Mixed Polymer, Copolymer, Synthetic Adhesive, Other Bioadhesives) and by Application (Medical, Packaging, Wood, Construction, and Personal care)

India Adhesives Market Outlook to FY’2026: Surging Demand for Water Based Adhesives in the Growing Wood Working Industry to Influence Market Growth

Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249

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