Biocomposites Market

Market Insights on Biocomposites covering sales outlook, demand forecast & up-to-date key trends

Biocomposites Market by Fiber, Polymer, Product, End-Use Industry & Region - Forecast 2022 - 2032

Biocomposites Market Size Outlook (2022-2032)

[302 Pages Report] The global biocomposites market size reached over US$ 25 Bn in 2021 and is expected to grow at an incredible CAGR of 16% during the forecast period between 2022 and 2032, reaching around US$ 128 Bn by the end of 2032. Growth in the market is attributed to rising demand for ecofriendly materials worldwide and rapid expansion of end-use industries, such as automotive and building & construction.

Data Points	Market Insights
Biocomposites Market Value 2021	USD 25 Bn
Biocomposites Market Value 2026	USD 51 Bn
Biocomposites Market Value 2031	USD 128 Bn
Biocomposites Market Forecast CAGR 2022-2032	16.0%
Key Players	Fiberon LLC (US), FlexForm Technologies (US), Trex Company (US), Universal Forest Products, Inc. (US), Meshlin Composites ZRT (Hungary) and Tecnaro GmbH of Germany, Nanjing Jufeng Advanced Materials Co., Ltd. (China)

The continuous search for innovative lightweight materials for a wide range of applications across construction, aerospace, and automotive industries has paved the way for development of biocomposites.

Biocomposites are unique composite materials formed by combining natural fibers in a matrix material. These materials have started gaining immense traction across various end-use industries on account of their various attractive features such as biodegradable nature, better thermal stability, lightweight, low cost etc.

Rising environmental concerns supported by increasing need for lowering emission levels is expected to provide a strong thrust to the growth of biocomposites market during the forecast period.

Consequently, factors such as rising penetration of wood plastic composites across developing regions, expansion of soft magnetic composites market, and implementation of stringent regulations on the use of petroleum based products will drive growth in the biocomposites market in future.

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Sales Analysis Of Biocomposites From 2015 To 2021 Vs Market Outlook For 2022 To 2032

According to Future Market Insights, the global demand for biocomposites is projected to increase at a prolific CAGR of 16% during the forecast period between 2022 and 2032.

Robust growth of end-use industries such as automotive and construction, growing environmental concerns, continuous product launches, rising awareness among end users regarding the benefits of biocomposites, and rapid expansion of the global natural fiber composites market are some of the major factors augmenting the demand for biocomposites.

Over the years, biocomposites have become ideal alternatives to conventional materials due to their ecofriendly and lightweight features. These materials find application across diverse end-use verticals including transportation, consumer goods, and building & construction.

Rising need for reducing the vehicle weight to improve its efficiency is prompting manufacturers to incorporate lightweight materials like biocomposites in their vehicles. Thus, rapid production of vehicles globally will eventually expand the biocomposites market size during the forecast period.

Similarly, growing adoption of biocomposites in building and construction industry coupled with favorable government initiatives is expected to boost the sales of biocomposites during the forthcoming years. Several organizations like the European Union are encouraging industries to adopt biocomposites products that are recyclable and biodegradable.

Various developed and developing nations, such as Germany, the United States, and Japan, and China emphasize the usage of biocomposite plastic rather than petroleum-based ones due to their less environmental impacts.

FMI’s latest biocomposites market forecast predicts demand for natural fiber-based biocomposites to rise at a stupendous pace across these regions due to their non-corrosive qualities, high specific strength, and low prices, among other things.

Which Factors Are Challenging The Growth Of The Global Biocomposites Market?

Some of the major factors challenging the growth of biocomposites market include increasing usage of alternative composite materials across emerging economies and poor fiber-matrix adhesion.

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Country-Wise Insights

What is the Demand Outlook for Soft Magnetic Composites in the U.S.?

“Booming Construction and Building Industry Augmenting the Growth of the U.S. Biocomposites Market”

FMI’s latest biocomposites market forecast predicts the U.S. to emerge as a highly lucrative market for biocomposites during the forecast period, owing to the rapid expansion of automotive and building & construction industries, growing inclination towards using eco-friendly products, and heavy presence of leading biocomposites manufacturers.

Over the years, economic boom and rapid urbanization have triggered the growth of end-use industries like automotive, building & construction, consumer goods, etc., thereby creating sales prospects for biocomposites. According to the U.S. Census Bureau, construction spending in the U.S. during April 2022 was estimated at US$ 1,744.8 billion.

Similarly, growing demand for lightweight materials in automotive industry, advancements in plastic composites, and composites resin market will further expand the biocomposites market size across the U.S. during the forecast period.

Why is China Emerging as a Lucrative Market for Biocomposites?

“Rising Demand for Lightweight and Ecofriendly Materials in Automotive Industry Boosting the Sales of Biocomposites Across China”

China forms a significant share of Asia Pacific biocomposites market and is expected to grow at a stupendous pace during the forecast period between 2022 and 2032. Growth in the market is driven by rapid expansion of end-use industries, increasing environmental concerns, favorable government support and availability of raw materials at lower costs.

The blooming automotive industry across China is emerging as a major factor in fueling the demand for biocomposites. According to the International Trade Administration (ITA), domestic vehicle production in China is expected to reach 35 million vehicles by 2025.

Leading vehicle manufacturers based in China are continuously focusing on reducing the overall weight of vehicles to make them more efficient and ecofriendly. As a result, they are incorporating materials like biocomposites in their vehicles.

Moreover, government regulations to encourage the adoption of eco-friendly materials such as natural polymer composites will further boost biocomposites market growth in China.

Category-Wise Insights

Which is the Most Preferred Fiber Type in Biocomposites Market?

“Demand for Non-Wood Composites to Continue Rising Throughout the Forecast Period”

Based on fiber type, the global biocomposites market is categorized into wood fiber composites and non-wood fiber composites. Among these, non-wood fiber composites segment dominates the biocomposites market, owing to the increasing usage of non-wood composites by end users due to their low cost, good mechanical properties, ecofriendliness, and biodegradability, besides other efficient properties.

Which is the Leading Polymer Type in the Biocomposites Market?

“Sales of Natural Fiber Composites to Rise Exponentially During the Assessment Period”

Based on polymer type, biocomposites market is segmented into natural polymer composites and synthetic polymer composites. As per FMI, synthetic polymer composites segment dominated the biocomposites market in 2021, owing to their various advantages over natural ones.

Synthetic polymers such as polypropylene (PP), polyethylene (PE), polyethylene terephthalate (PET) etc. have better dimensional stability and are highly resistant to physical impacts, which makes them ideal polymer types.

However, natural fiber composites segment on the other hand is expected to grow at a faster pace during the forecast period, owing to the increasing environmental awareness and various attractive benefits offered by natural fiber composites.

Which is the Leading End-Use Industry for Biocomposites?

“Majority of Biocomposites Sales to Remain Concentrated in Building & Construction Industry”

As per FMI, building & construction segment will continue to dominate the global biocomposites market, owing to the rapid adoption of biocomposites for various building applications.

However, with growing demand for lightweight and ecofriendly materials, sales of biocomposites are likely to increase at a significant pace in transportation and consumer goods industries during the forecast period.

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Competitive Landscape

Leading biocomposites manufacturers are rigorously investing in research and development for introducing new biocomposites with efficient properties. They are targeting small-scale domestic businesses like biocomposites packaging to increase their sales. Besides this, they have adopted various organic and inorganic strategies such as mergers, partnerships, acquisitions, and collaborations to dominate the Biocomposites market.

For instance,

In October 2021, Lanxess launched a new fully biocomposite material in its Tepex range of continuous-fiber-reinforced thermoplastic composites. The material combines natural flax fibers with bio-based polylactic acid.

Scope Of The Report

FMI’s latest analysis provides a detailed biocomposites market forecast. It uses both primary and secondary research methodologies to identify new opportunities for the development of the global biocomposites market.

The report offers information about key market dynamics including revenue growth drivers, market restraints, and emerging opportunities. Besides this, it examines the latest biocomposites market trends and their influence on regional and domestic markets.

FMI also attempts to highlight the impact of booming automotive composites market on the overall demand for biocomposites. It explains how growing popularity of biocomposites in automotive industry will expand the global biocomposites market size.

Furthermore, information about top biocomposites manufacturers along with their respective growth strategies has been discussed in detail. The report is intended to enlighten customers with a comprehensive analysis of the global biocomposites market.

The Biocomposites Market Analysis Includes

A 10-year realistic sales forecast for biocomposites across various end use verticals.
Information on demand forecasting and sales prospects across 25 countries
Recent developments in biocomposites market
Details about various types of biocomposites and their popularity among end-use industries
Top biocomposites manufacturers and their growth strategies
Market segmentation and insights into leading regional markets and product segments
Information about latest biocomposites market trends
Pricing analysis
The winning imperatives in biocomposites market

Scope Of Report

Attribute	Details
Projected CAGR (2022-2032)	16%
Estimated Market Size (2032)	128 Bn
Forecast Period	2022-2032
Historic Data Available for	2015-2021
Market Analysis	USD Million for Value
Report Coverage	Market forecast, company share analysis, competition intelligence, DROT analysis, market dynamics and challenges, and strategic growth initiatives
Key Segments Covered	Fiber Type Polymer Type Product End-Use Industry · Region
Key regions covered	North America US Canada Rest of North America Latin America Brazil Argentina Mexico Rest of Latin America Western Europe Germany U.K. France Rest of Western Europe Eastern Europe Russia Spain Rest of Eastern Europe South Asia Pacific China India Japan Malaysia Thailand Indonesia South Korea Rest of South Asia & Pacific Middle East & Africa GCC Countries Turkey Israel Rest of MEA Rest of the World Oceania Africa South America
End-Use Industry	Building & Construction Transportation Consumer Goods Others
Key companies profiled	Fiberon LLC (US), FlexForm Technologies (US), Trex Company (US), Universal Forest Products, Inc. (US), Meshlin Composites ZRT (Hungary) and Tecnaro GmbH of Germany, Nanjing Jufeng Advanced Materials Co., Ltd. (China)
Customization & pricing	Available upon request

Key Segments

By Fiber Type:

Wood Fiber Composites
Non-wood Fiber Composites

By Polymer Type:

Natural Polymer Composites
Synthetic Polymer Composites

By Product:

Hybrid Biocomposites
Green Biocomposites

By End-Use Industry:

Building & Construction
Transportation
Consumer Goods
Others

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa (MEA)

Frequently Asked Questions

What was the size of biocomposites market in 2021?

The global biocomposite market size reached US$ 25 Bn in 2021.

What is the demand outlook for the biocomposites market?

As per FMI, the global biocomposites market is likely to expand at a prolific CAGR of 16% during the forecast period.

What is the projected valuation for biuocomposites market?

The biocomposites market is anticipated to reach a valuation of US$ 128 Bn in 2032.

Which is the most lucrative region for region for biocomposites market?

Asis Pacific is expected to dominate the biocomposites market during the forecast period.

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. FMI Analysis and Recommendations

2. Market Overview

2.1. Market Coverage

2.2. Market Definition

3. Market Risks and Trends Assessment

3.1. Risk Assessment

3.1.1. COVID-19 Crisis and Impact on Biocomposites

3.1.2. COVID-19 Impact Benchmark with Previous Crisis

3.1.3. Impact on Market Value (US$ Mn)

3.1.4. Assessment by Key Countries

3.1.5. Assessment by Key Market Segments

3.1.6. Action Points and Recommendation for Suppliers

3.2. Key Trends Impacting the Market

3.3. Formulation and Product Development Trends

4. Market Background

4.1. Market, by Key Countries

4.2. Market Opportunity Assessment (US$ Mn)

4.2.1. Total Available Market

4.2.2. Serviceable Addressable Market

4.2.3. Serviceable Obtainable Market

4.3. Market Scenario Forecast

4.3.1. Demand in optimistic Scenario

4.3.2. Demand in Likely Scenario

4.3.3. Demand in Conservative Scenario

4.4. Investment Feasibility Analysis

4.4.1. Investment in Established Markets

4.4.1.1. In Short Term

4.4.1.2. In Long Term

4.4.2. Investment in Emerging Markets

4.4.2.1. In Short Term

4.4.2.2. In Long Term

4.5. Forecast Factors - Relevance & Impact

4.5.1. Top Companies Historical Growth

4.5.2. Growth in Automation, By Country

4.5.3. Adoption Rate, By Country

4.6. Market Dynamics

4.6.1. Market Driving Factors and Impact Assessment

4.6.2. Prominent Market Challenges and Impact Assessment

4.6.3. Market Opportunities

4.6.4. Prominent Trends in the Global Market & Their Impact Assessment

5. Key Success Factors

5.1. Manufacturers’ Focus on Low Penetration High Growth Markets

5.2. Banking on with Segments High Incremental Opportunity

5.3. Peer Benchmarking

6. Global Market Demand Analysis 2015-2021 and Forecast, 2022-2032

6.1. Historical Market Analysis, 2015-2021

6.2. Current and Future Market Projections, 2022-2032

6.3. Y-o-Y Growth Trend Analysis

7. Global Market Value Analysis 2015-2021 and Forecast, 2022-2032

7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021

7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032

7.2.1. Y-o-Y Growth Trend Analysis

7.2.2. Absolute $ Opportunity Analysis

8. Global Market Analysis 2015-2021 and Forecast 2022-2032, By Fiber Type

8.1. Introduction / Key Findings

8.2. Historical Market Size (US$ Mn) Analysis By Fiber Type, 2015-2021

8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Fiber Type, 2022-2032

8.3.1. Wood Fiber Composites

8.3.2. Non-wood Fiber Composites

8.4. Market Attractiveness Analysis By Fiber Type

9. Global Market Analysis 2015-2021 and Forecast 2022-2032, By Polymer Type

9.1. Introduction / Key Findings

9.2. Historical Market Size (US$ Mn) Analysis By Polymer Type, 2015-2021

9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Polymer Type, 2022-2032

9.3.1. Natural Polymer Composites

9.3.2. Synthetic Polymer Composites

9.4. Market Attractiveness Analysis By Polymer Type

10. Global Market Analysis 2015-2021 and Forecast 2022-2032, By Product

10.1. Introduction / Key Findings

10.2. Historical Market Size (US$ Mn) Analysis By Product, 2015-2021

10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Product, 2022-2032

10.3.1. Hybrid Biocomposites

10.3.2. Green Biocomposites

10.4. Market Attractiveness Analysis By Product

11. Global Market Analysis 2015-2021 and Forecast 2022-2032, By End-Use Industries

11.1. Introduction / Key Findings

11.2. Historical Market Size (US$ Mn) Analysis By End-Use Industries, 2015-2021

11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End-Use Industries, 2022-2032

11.3.1. Building & Construction

11.3.2. Transportation

11.3.3. Consumer Goods

11.3.4. Others

11.4. Market Attractiveness Analysis By End-Use Industries

12. Global Market Analysis 2015-2021 and Forecast 2022-2032, By Region

12.1. Introduction

12.2. Historical Market Size (US$ Mn) Analysis By Region, 2015-2021

12.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2022-2032

12.3.1. North America

12.3.2. Latin America

12.3.3. Europe

12.3.4. Asia Pacific

12.3.5. Middle East and Africa (MEA)

12.4. Market Attractiveness Analysis By Region

13. North America Market Analysis 2015-2021 and Forecast 2022-2032

13.1. Introduction

13.2. Pricing Analysis

13.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

13.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

13.4.1. By Country

13.4.1.1. U.S.

13.4.1.2. Canada

13.4.1.3. Rest of North America

13.4.2. By Fiber Type

13.4.3. By Polymer Type

13.4.4. By End-Use Industries

13.4.5. By Product

13.5. Market Attractiveness Analysis

13.5.1. By Country

13.5.2. By Fiber Type

13.5.3. By Polymer Type

13.5.4. By End-Use Industries

13.5.5. By Product

14. Latin America Market Analysis 2015-2021 and Forecast 2022-2032

14.1. Introduction

14.2. Pricing Analysis

14.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

14.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

14.4.1. By Country

14.4.1.1. Brazil

14.4.1.2. Mexico

14.4.1.3. Rest of Latin America

14.4.2. By Fiber Type

14.4.3. By Polymer Type

14.4.4. By End-Use Industries

14.4.5. By Product

14.5. Market Attractiveness Analysis

14.5.1. By Country

14.5.2. By Fiber Type

14.5.3. By Polymer Type

14.5.4. By End-Use Industries

14.5.5. By Product

15. Europe Market Analysis 2015-2021 and Forecast 2022-2032

15.1. Introduction

15.2. Pricing Analysis

15.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

15.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

15.4.1. By Country

15.4.1.1. Germany

15.4.1.2. France

15.4.1.3. U.K.

15.4.1.4. Italy

15.4.1.5. Benelux

15.4.1.6. Nordic Countries

15.4.1.7. Rest of Europe

15.4.2. By Fiber Type

15.4.3. By Polymer Type

15.4.4. By End-Use Industries

15.4.5. By Product

15.5. Market Attractiveness Analysis

15.5.1. By Country

15.5.2. By Fiber Type

15.5.3. By Polymer Type

15.5.4. By End-Use Industries

15.5.5. By Product

16. Asia Pacific Market Analysis 2015-2021 and Forecast 2022-2032

16.1. Introduction

16.2. Pricing Analysis

16.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

16.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

16.4.1. By Country

16.4.1.1. China

16.4.1.2. Japan

16.4.1.3. South Korea

16.4.1.4. Rest of Asia Pacific

16.4.2. By Fiber Type

16.4.3. By Polymer Type

16.4.4. By End-Use Industries

16.4.5. By Product

16.5. Market Attractiveness Analysis

16.5.1. By Country

16.5.2. By Fiber Type

16.5.3. By Polymer Type

16.5.4. By End-Use Industries

16.5.5. By Product

17. Middle East and Africa Market Analysis 2015-2021 and Forecast 2022-2032

17.1. Introduction

17.2. Pricing Analysis

17.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

17.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

17.4.1. By Country

17.4.1.1. GCC Countries

17.4.1.2. South Africa

17.4.1.3. Turkey

17.4.1.4. Rest of Middle East and Africa

17.4.2. By Fiber Type

17.4.3. By Polymer Type

17.4.4. By End-Use Industries

17.4.5. By Product

17.5. Market Attractiveness Analysis

17.5.1. By Country

17.5.2. By Fiber Type

17.5.3. By Polymer Type

17.5.4. By End-Use Industries

17.5.5. By Product

18. Key Countries Market Analysis 2015-2021 and Forecast 2022-2032

18.1. Introduction

18.1.1. Market Value Proportion Analysis, By Key Countries

18.1.2. Global Vs. Country Growth Comparison

18.2. US Market Analysis

18.2.1. Value Proportion Analysis by Market Taxonomy

18.2.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.2.2.1. By Fiber Type

18.2.2.2. By Polymer Type

18.2.2.3. By End-Use Industries

18.2.2.4. By Product

18.3. Canada Market Analysis

18.3.1. Value Proportion Analysis by Market Taxonomy

18.3.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.3.2.1. By Fiber Type

18.3.2.2. By Polymer Type

18.3.2.3. By End-Use Industries

18.3.2.4. By Product

18.4. Mexico Market Analysis

18.4.1. Value Proportion Analysis by Market Taxonomy

18.4.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.4.2.1. By Fiber Type

18.4.2.2. By Polymer Type

18.4.2.3. By End-Use Industries

18.4.2.4. By Product

18.5. Brazil Market Analysis

18.5.1. Value Proportion Analysis by Market Taxonomy

18.5.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.5.2.1. By Fiber Type

18.5.2.2. By Polymer Type

18.5.2.3. By End-Use Industries

18.5.2.4. By Product

18.6. Germany Market Analysis

18.6.1. Value Proportion Analysis by Market Taxonomy

18.6.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.6.2.1. By Fiber Type

18.6.2.2. By Polymer Type

18.6.2.3. By End-Use Industries

18.6.2.4. By Product

18.7. France Market Analysis

18.7.1. Value Proportion Analysis by Market Taxonomy

18.7.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.7.2.1. By Fiber Type

18.7.2.2. By Polymer Type

18.7.2.3. By End-Use Industries

18.7.2.4. By Product

18.8. Italy Market Analysis

18.8.1. Value Proportion Analysis by Market Taxonomy

18.8.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.8.2.1. By Fiber Type

18.8.2.2. By Polymer Type

18.8.2.3. By End-Use Industries

18.8.2.4. By Product

18.9. BENELUX Market Analysis

18.9.1. Value Proportion Analysis by Market Taxonomy

18.9.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.9.2.1. By Fiber Type

18.9.2.2. By Polymer Type

18.9.2.3. By End-Use Industries

18.9.2.4. By Product

18.10. UK Market Analysis

18.10.1. Value Proportion Analysis by Market Taxonomy

18.10.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.10.2.1. By Fiber Type

18.10.2.2. By Polymer Type

18.10.2.3. By End-Use Industries

18.10.2.4. By Product

18.11. Nordic Countries Market Analysis

18.11.1. Value Proportion Analysis by Market Taxonomy

18.11.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.11.2.1. By Fiber Type

18.11.2.2. By Polymer Type

18.11.2.3. By End-Use Industries

18.11.2.4. By Product

18.12. China Market Analysis

18.12.1. Value Proportion Analysis by Market Taxonomy

18.12.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.12.2.1. By Fiber Type

18.12.2.2. By Polymer Type

18.12.2.3. By End-Use Industries

18.12.2.4. By Product

18.13. Japan Market Analysis

18.13.1. Value Proportion Analysis by Market Taxonomy

18.13.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.13.2.1. By Fiber Type

18.13.2.2. By Polymer Type

18.13.2.3. By End-Use Industries

18.13.2.4. By Product

18.14. South Korea Market Analysis

18.14.1. Value Proportion Analysis by Market Taxonomy

18.14.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.14.2.1. By Fiber Type

18.14.2.2. By Polymer Type

18.14.2.3. By End-Use Industries

18.14.2.4. By Product

18.15. GCC Countries Market Analysis

18.15.1. Value Proportion Analysis by Market Taxonomy

18.15.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.15.2.1. By Fiber Type

18.15.2.2. By Polymer Type

18.15.2.3. By End-Use Industries

18.15.2.4. By Product

18.16. South Africa Market Analysis

18.16.1. Value Proportion Analysis by Market Taxonomy

18.16.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.16.2.1. By Fiber Type

18.16.2.2. By Polymer Type

18.16.2.3. By End-Use Industries

18.16.2.4. By Product

18.17. Turkey Market Analysis

18.17.1. Value Proportion Analysis by Market Taxonomy

18.17.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032

18.17.2.1. By Fiber Type

18.17.2.2. By Polymer Type

18.17.2.3. By End-Use Industries

18.17.2.4. By Product

18.17.3. Competition Landscape and Player Concentration in the Country

19. Market Structure Analysis

19.1. Market Analysis by Tier of Companies

19.2. Market Concentration

19.3. Market Share Analysis of Top Players

19.4. Market Presence Analysis

19.4.1. By Regional footprint of Players

19.4.2. Product footprint by Players

20. Competition Analysis

20.1. Competition Dashboard

20.2. Competition Benchmarking

20.3. Competition Deep Dive

20.3.1. UPM (Finland)

20.3.1.1. Overview

20.3.1.2. Product Portfolio

20.3.1.3. Sales Footprint

20.3.1.4. Strategy Overview

20.3.2. Trex Company (US)

20.3.2.1. Overview

20.3.2.2. Product Portfolio

20.3.2.3. Sales Footprint

20.3.2.4. Strategy Overview

20.3.3. Fiberon LLC (US)

20.3.3.1. Overview

20.3.3.2. Product Portfolio

20.3.3.3. Sales Footprint

20.3.3.4. Strategy Overview

20.3.4. FlexForm Technologies (US)

20.3.4.1. Overview

20.3.4.2. Product Portfolio

20.3.4.3. Sales Footprint

20.3.4.4. Strategy Overview

20.3.5. Universal Forest Products, Inc. (US)

20.3.5.1. Overview

20.3.5.2. Product Portfolio

20.3.5.3. Sales Footprint

20.3.5.4. Strategy Overview

20.3.6. Nanjing Jufeng Advanced Materials Co., Ltd (China)

20.3.6.1. Overview

20.3.6.2. Product Portfolio

20.3.6.3. Sales Footprint

20.3.6.4. Strategy Overview

20.3.7. Meshlin Composites ZRT (Hungary)

20.3.7.1. Overview

20.3.7.2. Product Portfolio

20.3.7.3. Sales Footprint

20.3.7.4. Strategy Overview

20.3.8. Tecnaro GmbH (Germany)

20.3.8.1. Overview

20.3.8.2. Product Portfolio

20.3.8.3. Sales Footprint

20.3.8.4. Strategy Overview

21. Assumptions and Acronyms Used

22. Research Methodology

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List of Tables

Table 1: Global Market Value (US$ Mn),By Fiber Type, 2015 – 2021

Table 2: Global Market Value (US$ Mn),By Fiber Type, 2022 – 2032

Table 3: Global Market Value (US$ Mn), By Polymer Type, 2015 – 2021

Table 4: Global Market Value (US$ Mn), By Polymer Type, 2022 – 2032

Table 5: Global Market Value (US$ Mn), By Product, 2015 – 2021

Table 6: Global Market Value (US$ Mn), By Product, 2022 – 2032

Table 7: Global Market Value (US$ Mn), By End-Use Industries, 2015 – 2021

Table 8: Global Market Value (US$ Mn), By End-Use Industries, 2022 – 2032

Table 9: Global Market, By Region, 2015 – 2021

Table 10: Global Market, By Region, 2022 – 2032

Table 11: North America Market Value (US$ Mn),By Fiber Type, 2015 – 2021

Table 12: North America Market Value (US$ Mn),By Fiber Type, 2022 – 2032

Table 13: North America Market Value (US$ Mn), By Polymer Type, 2015 – 2021

Table 14: North America Market Value (US$ Mn), By Polymer Type, 2022 – 2032

Table 15: North America Market Value (US$ Mn), By Product, 2015 – 2021

Table 16: North America Market Value (US$ Mn), By Product, 2022 – 2032

Table 17: North America Market Value (US$ Mn), By End-Use Industries, 2015 – 2021

Table 18: North America Market Value (US$ Mn), By End-Use Industries, 2022 – 2032

Table 19: North America Market, By Country, 2015 – 2021

Table 20: North America Market, By Country, 2022 – 2032

Table 21: Latin America Market Value (US$ Mn),By Fiber Type, 2015 – 2021

Table 22: Latin America Market Value (US$ Mn),By Fiber Type, 2022 – 2032

Table 23: Latin America Market Value (US$ Mn), By Polymer Type, 2015 – 2021

Table 24: Latin America Market Value (US$ Mn), By Polymer Type, 2022 – 2032

Table 25: Latin America Market Value (US$ Mn), By Product, 2015 – 2021

Table 26: Latin America Market Value (US$ Mn), By Product, 2022 – 2032

Table 27: Latin America Market Value (US$ Mn), By End-Use Industries, 2015 – 2021

Table 28: Latin America Market Value (US$ Mn), By End-Use Industries, 2022 – 2032

Table 29: Latin America Market, By Country, 2015 – 2021

Table 30: Latin America Market, By Country, 2022 – 2032

Table 31: Europe Market Value (US$ Mn),By Fiber Type, 2015 – 2021

Table 32: Europe Market Value (US$ Mn),By Fiber Type, 2022 – 2032

Table 33: Europe Market Value (US$ Mn), By Polymer Type, 2015 – 2021

Table 34: Europe Market Value (US$ Mn), By Polymer Type, 2022 – 2032

Table 35: Europe Market Value (US$ Mn), By Product, 2015 – 2021

Table 36: Europe Market Value (US$ Mn), By Product, 2022 – 2032

Table 37: Europe Market Value (US$ Mn), By End-Use Industries, 2015 – 2021

Table 38: Europe Market Value (US$ Mn), By End-Use Industries, 2022 – 2032

Table 39: Europe Market, By Country, 2015 – 2021

Table 40: Europe Market, By Country, 2022 – 2032

Table 41: Asia Pacific Market Value (US$ Mn),By Fiber Type, 2015 – 2021

Table 42: Asia Pacific Market Value (US$ Mn),By Fiber Type, 2022 – 2032

Table 43: Asia Pacific Market Value (US$ Mn), By Polymer Type, 2015 – 2021

Table 44: Asia Pacific Market Value (US$ Mn), By Polymer Type, 2022 – 2032

Table 45: Asia Pacific Market Value (US$ Mn), By Product, 2015 – 2021

Table 46: Asia Pacific Market Value (US$ Mn), By Product, 2022 – 2032

Table 47: Asia Pacific Market Value (US$ Mn), By End-Use Industries, 2015 – 2021

Table 48: Asia Pacific Market Value (US$ Mn), By End-Use Industries, 2022 – 2032

Table 49: Asia Pacific Market, By Country, 2015 – 2021

Table 50: Asia Pacific Market, By Country, 2022 – 2032

Table 51: MEA Market Value (US$ Mn),By Fiber Type, 2015 – 2021

Table 52: MEA Market Value (US$ Mn),By Fiber Type, 2022 – 2032

Table 53: MEA Market Value (US$ Mn), By Polymer Type, 2015 – 2021

Table 54: MEA Market Value (US$ Mn), By Polymer Type, 2022 – 2032

Table 55: MEA Market Value (US$ Mn), By Product, 2015 – 2021

Table 56: MEA Market Value (US$ Mn), By Product, 2022 – 2032

Table 57: MEA Market Value (US$ Mn), By End-Use Industries, 2015 – 2021

Table 58: MEA Market Value (US$ Mn), By End-Use Industries, 2022 – 2032

Table 59: MEA Market, By Country, 2015 – 2021

Table 60: MEA Market, By Country, 2022 – 2032

Nikhil Kaitwade

Principal Consultant

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List of Charts

Figure 1: Global Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 2: Global Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn

Figure 3: Global Market Share, By Fiber Type, 2022 & 2032

Figure 4: Global Market Y-o-Y Growth Projections, By Fiber Type – 2022-2032

Figure 5: Global Market Attractiveness Index, By Fiber Type – 2022-2032

Figure 6: Global Market Share, By Polymer Type, 2022 & 2032

Figure 7: Global Market Y-o-Y Growth Projections, By Polymer Type – 2022-2032

Figure 8: Global Market Attractiveness Index, By Polymer Type – 2022-2032

Figure 9: Global Market Share, By End-Use Industries, 2022 & 2032

Figure 10: Global Market Y-o-Y Growth Projections, By End-Use Industries – 2022-2032

Figure 11: Global Market Attractiveness Index, By End-Use Industries – 2022-2032

Figure 12: Global Market Share, By Product, 2022 & 2032

Figure 13: Global Market Y-o-Y Growth Projections, By Product – 2022-2032

Figure 14: Global Market Attractiveness Index, By Product – 2022-2032

Figure 15: Global Market Share, By Region, 2022 & 2032

Figure 16: Global Market Y-o-Y Growth Projections, By Region – 2022-2032

Figure 17: Global Market Attractiveness Index, By Region – 2022-2032

Figure 18: North America Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 19: North America Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 20: North America Market Share, By Fiber Type, 2022 & 2032

Figure 21: North America Market Y-o-Y Growth Projections, By Fiber Type – 2022-2032

Figure 22: North America Market Attractiveness Index, By Fiber Type – 2022-2032

Figure 23: North America Market Share, By Polymer Type, 2022 & 2032

Figure 24: North America Market Y-o-Y Growth Projections, By Polymer Type – 2022-2032

Figure 25: North America Market Attractiveness Index, By Polymer Type – 2022-2032

Figure 26: North America Market Share, By End-Use Industries, 2022 & 2032

Figure 27: North America Market Y-o-Y Growth Projections, By End-Use Industries – 2022-2032

Figure 28: North America Market Attractiveness Index, By End-Use Industries – 2022-2032

Figure 29: North America Market Share, By Product, 2022 & 2032

Figure 30: North America Market Y-o-Y Growth Projections, By Product – 2022-2032

Figure 31: North America Market Attractiveness Index, By Product – 2022-2032

Figure 32: North America Market Share, By Country, 2022 & 2032

Figure 33: North America Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 34: North America Market Attractiveness Index, By Country – 2022-2032

Figure 35: Latin America Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 36: Latin America Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 37: Latin America Market Share, By Fiber Type, 2022 & 2032

Figure 38: Latin America Market Y-o-Y Growth Projections, By Fiber Type – 2022-2032

Figure 39: Latin America Market Attractiveness Index, By Fiber Type – 2022-2032

Figure 40: Latin America Market Share, By Polymer Type, 2022 & 2032

Figure 41: Latin America Market Y-o-Y Growth Projections, By Polymer Type – 2022-2032

Figure 42: Latin America Market Attractiveness Index, By Polymer Type – 2022-2032

Figure 43: Latin America Market Share, By End-Use Industries, 2022 & 2032

Figure 44: Latin America Market Y-o-Y Growth Projections, By End-Use Industries – 2022-2032

Figure 45: Latin America Market Attractiveness Index, By End-Use Industries – 2022-2032

Figure 46: Latin America Market Share, By Product, 2022 & 2032

Figure 47: Latin America Market Y-o-Y Growth Projections, By Product – 2022-2032

Figure 48: Latin America Market Attractiveness Index, By Product – 2022-2032

Figure 49: Latin America Market Share, By Country, 2022 & 2032

Figure 50: Latin America Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 51: Latin America Market Attractiveness Index, By Country – 2022-2032

Figure 52: Europe Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 53: Europe Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 54: Europe Market Share, By Fiber Type, 2022 & 2032

Figure 55: Europe Market Y-o-Y Growth Projections, By Fiber Type – 2022-2032

Figure 56: Europe Market Attractiveness Index, By Fiber Type – 2022-2032

Figure 57: Europe Market Share, By Polymer Type, 2022 & 2032

Figure 58: Europe Market Y-o-Y Growth Projections, By Polymer Type – 2022-2032

Figure 59: Europe Market Attractiveness Index, By Polymer Type – 2022-2032

Figure 60: Europe Market Share, By End-Use Industries, 2022 & 2032

Figure 61: Europe Market Y-o-Y Growth Projections, By End-Use Industries – 2022-2032

Figure 62: Europe Market Attractiveness Index, By End-Use Industries – 2022-2032

Figure 63: Europe Market Share, By Product, 2022 & 2032

Figure 64: Europe Market Y-o-Y Growth Projections, By Product – 2022-2032

Figure 65: Europe Market Attractiveness Index, By Product – 2022-2032

Figure 66: Europe Market Share, By Country, 2022 & 2032

Figure 67: Europe Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 68: Europe Market Attractiveness Index, By Country – 2022-2032

Figure 69: MEA Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 70: MEA Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 71: MEA Market Share, By Fiber Type, 2022 & 2032

Figure 72: MEA Market Y-o-Y Growth Projections, By Fiber Type – 2022-2032

Figure 73: MEA Market Attractiveness Index, By Fiber Type – 2022-2032

Figure 74: MEA Market Share, By Polymer Type, 2022 & 2032

Figure 75: MEA Market Y-o-Y Growth Projections, By Polymer Type – 2022-2032

Figure 76: MEA Market Attractiveness Index, By Polymer Type – 2022-2032

Figure 77: MEA Market Share, By End-Use Industries, 2022 & 2032

Figure 78: MEA Market Y-o-Y Growth Projections, By End-Use Industries – 2022-2032

Figure 79: MEA Market Attractiveness Index, By End-Use Industries – 2022-2032

Figure 80: MEA Market Share, By Product, 2022 & 2032

Figure 81: MEA Market Y-o-Y Growth Projections, By Product – 2022-2032

Figure 82: MEA Market Attractiveness Index, By Product – 2022-2032

Figure 83: MEA Market Share, By Country, 2022 & 2032

Figure 84: MEA Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 85: MEA Market Attractiveness Index, By Country – 2022-2032

Figure 86: Asia Pacific Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 87: Asia Pacific Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 88: Asia Pacific Market Share, By Fiber Type, 2022 & 2032

Figure 89: Asia Pacific Market Y-o-Y Growth Projections, By Fiber Type – 2022-2032

Figure 90: Asia Pacific Market Attractiveness Index, By Fiber Type – 2022-2032

Figure 91: Asia Pacific Market Share, By Polymer Type, 2022 & 2032

Figure 92: Asia Pacific Market Y-o-Y Growth Projections, By Polymer Type – 2022-2032

Figure 93: Asia Pacific Market Attractiveness Index, By Polymer Type – 2022-2032

Figure 94: Asia Pacific Market Share, By End-Use Industries, 2022 & 2032

Figure 95: Asia Pacific Market Y-o-Y Growth Projections, By End-Use Industries – 2022-2032

Figure 96: Asia Pacific Market Attractiveness Index, By End-Use Industries – 2022-2032

Figure 97: Asia Pacific Market Share, By Product, 2022 & 2032

Figure 98: Asia Pacific Market Y-o-Y Growth Projections, By Product – 2022-2032

Figure 99: Asia Pacific Market Attractiveness Index, By Product – 2022-2032

Figure 100: Asia Pacific Market Share, By Country, 2022 & 2032

Figure 101: Asia Pacific Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 102: Asia Pacific Market Attractiveness Index, By Country – 2022-2032