Press release
Biocomposites Market worth $51.2 billion by 2026 | Key players UPM, Trex Company, Fiberon LLC, FlexForm Technologies, Tecnaro GmbH.
According to recent market research the "Biocomposites Market by Fiber Type (Wood Fiber and Non-wood Fiber), Polymer Type (Synthetic and Natural), Product (Hybrid and Green), End-use Industries (Building & Construction, Transportation, and Consumer Goods) and Region - Global Forecast to 2026" The global biocomposites market size is projected to reach USD 51.2 billion by 2026, registering a CAGR of 16.0% from 2021 to 2026. The global biocomposites market size is expected to grow from USD 24.4 billion in 2021 to USD 51.2 billion by 2026, at a CAGR of 16.0% during the forecast period. The biocomposites industry is growing due to the increase in the demand for environment friendly materials from various end-use industries such as transportation, building & construction, consumer goods, and others.Browse 286 market data Tables and 52 Figures spread through 229 Pages and in-depth TOC on "Biocomposites Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/biocomposite-market-258097936.html
Wood fiber composites dominated the market, in terms of volume and value. These biocomposites are produced in the form of decking, railings, balusters, fences, and others. Wood fiber composites are less expensive than non-wood fiber composites. These are used in applications, such as residential, commercial establishments, pool-side area, observatory deck, and jetties. These are some of the factors driving the demand for wood fiber composites during the forecast period.
Synthetic polymer biocomposites dominated the biocomposites market, in 2020. Polymers, such as PE, PP, ABS, PET, epoxy, and PC are used in the production of biocomposites. These polymers impart various characteristics to the biocomposites, making them useful in different end-use industries. For example, PP polymer offers low density, dimensional stability, and impact resistance. PP polymer combined with natural fibers (wood fibers, cellulose, coir, and others) are, therefore, used in transportation, building & construction, marine, and other end-use industries.
Owing to the COVID-19 pandemic, the demand for synthetic polymer biocomposites had reduced in 2020. However, with the stabilization of global end-use industries by the last quarter of 2020, the demand for synthetic polymer biocomposites has surged.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=258097936
Asia Pacific is the largest market for biocomposites. The major international players are exploring opportunities in the region owing to cheap labor, raw materials, and high demand from various end-use industries, such as transportation, building & construction, and consumer goods. However, COVID-19 affected the entire world disastrously, and Asia Pacific is one of the most affected regions, globally. The deadly virus has affected various major markets in Asia Pacific including China and India. It forced the government to lock down the that resulted in slow down across various sectors, building & construction and transportation in 2020.
The key players in the market include UPM (Finland), Trex Company (US), Fiberon LLC (US), FlexForm Technologies (US), Universal Forest Products, Inc. (US), Nanjing Jufeng Advanced Materials Co., Ltd (China), Meshlin Composites ZRT (Hungary), Tecnaro GmbH (Germany), among many others. These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the biocomposites market. These players have taken different organic and inorganic developmental strategies over the past five years.
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=258097936
Trex Company, Inc. is one of the leading manufacturers of biocomposite products. The company manufactures and markets products mainly for the building & construction industry. It conducts business through two business segments, namely, decking and railing. Composite decking products are sold under the decking segment. Trex composite decking products are available in more than 43 countries worldwide. Advanced Environmental Recycling Technologies, Inc. (US), TimberTech (US), and Fiberon LLC (US) are some of the key competitors of the company.
UPM Biocomposites is a subsidiary of UPM Group. The company manufactures wood plastic composite products. It also manufactures composite decking, fencing, flooring, façade, and its accessories. The company conducts its business through seven segments, namely, UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Paper, UPM Paper ENA, UPM Plywood, and others. UPM has production facilities and sales network in all six continents. The prime competitors of the company are Trex Company, Inc. (US), Fiberon LLC (US), and TimberTech Ltd. (US).
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/biocomposite.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/biocomposite-market.asp
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Biocomposites Market worth $51.2 billion by 2026 | Key players UPM, Trex Company, Fiberon LLC, FlexForm Technologies, Tecnaro GmbH. here
News-ID: 3166437 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for Biocomposites
Driving Biocomposites Market Growth in 2025: The Role of Rising Environmental Co …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
Biocomposites Market Size Growth Forecast: What to Expect by 2025?
The size of the biocomposites market has seen significant expansion in the recent past. The market was worth $33.92 billion in 2024 and is expected to reach $39.93 billion by 2025, resulting in a compound annual growth rate (CAGR) of 17.7%. This growth during…
Biocomposites Market Prospects and Growth Assessment
Biocomposites are materials formed by reinforcement of natural fibers and matrix (resin). The interest in biocomposites is rapidly growing among end use industries as applications in fundamental research, packaging, construction, military applications, aerospace, railway coaches, and automobiles due to many potential benefits such as ease in availability, high specific strength, light weight, biodegradability, recyclability, cheaper in cost, and renewability. The biocomposites are being highly used in the automotive industry for…
Biocomposites Market Size, Share & Growth Forecast 2031
The biocomposites market is experiencing a surge in demand due to growing environmental concerns and a shift towards sustainable materials. This article explores the biocomposites market landscape, analyzing its size, growth trajectory, segmentation, and future outlook.
𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐔𝐬𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐌𝐚𝐢𝐥 𝐈𝐝 𝐟𝐨𝐫 𝐐𝐮𝐢𝐜𝐤 𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐞) -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=33497
Biocomposites are composites made from natural fibers and resins, offering a more eco-friendly alternative to traditional materials. They boast properties…
Global Agro Fiber Biocomposites Market Size & Trends
According to a new market research report published by Global Market Estimates, the global agro fiber biocomposites market is projected to grow at a CAGR of 6.6% from 2023 to 2028.
The growth of the global agro fiber biocomposites market is driven by the increasing demand for sustainable materials in industries like automotive and construction, growing environmental awareness, government initiatives promoting eco-friendly products, and advancements in manufacturing technologies for agro-based fibers.…
Global Natural Fiber Biocomposites Market Size & Trends
According to a new market research report published by Global Market Estimates, the global natural fiber biocomposites market is projected to grow at a CAGR of 5.4% from 2023 to 2028.
The primary factors propelling the market growth are the increasing awareness about environmental issues and the rising demand for lightweight materials in vehicles to reduce carbon emissions.
Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth…
Global Biocomposites Market Size & Trends
According to a new market research report published by Global Market Estimates, the global biocomposites market is projected to grow at a CAGR of 16.3% from 2023 to 2028.
The increasing concerns for environment, encouragement of government policies and incentives, increasing awareness in consumers for eco-friendly products, increasing research and development in biocomposites applications, and rising application of biocomposites across different industries, are the major drivers for the global biocomposites market…