Green Composites Market Set to Soar to $22.32 Billion by 2031 with 9.3% CAGR | Trex Company, The AZEK Company, Fiberon, Avient

Los Angeles, United States - QY Research has unveiled its latest study titled "Global Green Composites Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031." This newly released report delivers a comprehensive overview of the global Green Composites market, analyzing the forces shaping its growth trajectory and providing valuable insights for stakeholders, investors, and industry professionals. the research covers key areas including market dynamics, segmentation, regional performance, competitive landscape, and emerging technology trends that are redefining industry standards. Backed by reliable data and expert analysis, the report serves as a trusted guide to understanding both microeconomic and macroeconomic factors driving market evolution.

The global market for Green Composites was estimated to be worth US$ 12.06 billion in 2024 and is forecast to a readjusted size of US$ 22.32 billion by 2031 with a CAGR of 9.3% during the forecast period 2025-2031.

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A composite is defined as a multiphase material and composition of material differing in composition, which remain bonded together, but retain their identities and properties, without going to any chemical reaction. Composite is engineered to meet specific application, performance and specific needs.

Green composites, also known as bio composites or eco-composites, are composite materials made from renewable resources such as natural fibers and bio-based resins.

Green composite combines plant fibers with natural/biodegradable/bio-based resins to create natural composite materials. Biomaterial composites are made from hemp, kenaf, sisal, soybean, etc. Natural fibers are emerging as low cost, lightweight and apparently environmentally superior alternative to synthetic fibers.

The resins and fibers used in the green composites are biodegradable, when they dumped, decomposed by the action of microorganisms. They are converted into the form of H2O and CO2. These H2O and CO2 are absorbed into the plant systems.

Global key players of Green Composites include Trex Company, The AZEK Company, Fiberon, Avient, Oldcastle Architectural, Anhui Sentai WPC Group, UPM Biocomposites, Tecnaro GmbH, TTS Inc, FlexForm Technologies, Procotex Corporation, Polyvlies Group, Bcomp, etc. The top 5 leaders account for about 24% revenue market share. North America is the largest market, has a share about 46%, followed by China and Europe, with share 26% and 20%, separately. The Green Composites is classified into Wood Fibers and Non-Wood Fibers. Wood Fibers accounted for a share of 69% in the global Green Composites market. In terms of application, Building and Construction has a share about 56 percent.

Competitive Landscape: -

Trex Company
The AZEK Company
Fiberon
Avient
Oldcastle Architectural
Anhui Sentai WPC Group
UPM Biocomposites
Tecnaro GmbH
TTS Inc
FlexForm Technologies
Procotex Corporation
Polyvlies Group
Bcomp
UFP Technologies

Future development trends -

High performance:

Green composite materials will continue to develop towards higher performance to meet more stringent application requirements. By improving the preparation process and optimizing the material formula, the mechanical properties, heat resistance, corrosion resistance, etc. of composite materials can be improved.

Environmental protection:

The production process of green composite materials will pay more attention to environmental protection and sustainability. Environmentally friendly raw materials and production processes are used to reduce energy consumption and pollution in the production process and improve resource utilization efficiency.

Intelligent:

Introduce intelligent manufacturing technology to improve the production efficiency and product quality of green composite materials. Customized production and remote monitoring functions are realized to meet the personalized needs of customers.

Diversified applications:

The application areas of green composite materials will continue to expand, covering more industries and fields. Applications in emerging fields such as new energy and environmental protection equipment will become a new growth point in the green composite material market.

Regional Insights -

The report takes readers on a journey through four key regions: United States, Asia-Pacific, and EMEA. Key nations like the United States, Germany, the United Kingdom, China, Japan, South Korea, and more are thoroughly examined. The data is presented in a timeline from 2024 as the base year, with projections extending to 2031.

North America: United States, Canada, Mexico

Latin America: Brazil and other key markets

Asia Pacific: China, Japan, South Korea, India, ASEAN countries

Europe, Middle East & Africa (EMEA): Major European economies, GCC countries, and African nations

The report provides a region-wise breakdown of market share, consumption trends, and future prospects.

Detailed of Green Composites Market Segmentation -

The report offers great insights into important segments of the global Green Composites market while concentrating on their CAGR, market size, market share, and future growth potential. The global Green Composites market is mainly segmented according to type of product, application, and region. Each segment in these categories is extensively researched to become familiar with their growth prospects and key trends. Segmental analysis is highly important to identify key growth pockets of a global market. The report provides specific information on the market growth and demand of different products and applications to help players to focus on profitable areas of the global Green Composites market.

Segmentation By Type :-

Wood Fibers
Non-Wood Fibers

Segmentation By Application -

Building and Construction
Automotive
Sports and Leisure
Others

This segmentation helps identify high-growth opportunities and niche segments for investors and businesses.

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Why This Report is a Must-Have -

ᗒ Historical Analysis (2020-2024) & Forecasts (2025-2031): Gain a clear understanding of market trends and future growth potential.

ᗒ Comprehensive Market Segmentation: Detailed breakdown by Type, Application, and Region to identify lucrative opportunities.

ᗒ Competitive Landscape: Insights into key players, their market share, and strategic developments like mergers, acquisitions, and expansion plans.

ᗒ Drivers & Restraints: Understand the factors shaping the market's growth and the challenges that could impact your strategy.

ᗒ Expert Opinions & Market Dynamics: Benefit from expert analysis to navigate market risks and capitalize on emerging trends.

Green Composites Market Report Objectives -

(1) Analyzing the size of the global Green Composites market on the basis of value and volume

(2) Accurately calculating the market shares, consumption, and other vital factors of different segments of the global Green Composites market

(3) Exploring key dynamics of the global Green Composites market

(4) Highlighting important trends of the global Green Composites market in terms of production, revenue, and sales

(5) Deeply profiling top players of the global Green Composites market and showing how they compete in the industry

(6) Studying manufacturing processes and costs, product pricing, and various trends related to them

(7) Showing the performance of different regions and countries in the global Green Composites market

(8) Forecasting the market size and share of all segments, regions, and the global market.

Important Questions Answered included in the Report:-

(A) What is the market size and growth rate of the global and regional market by various segments?

(B) What is the market size and growth rate of the market for selective Countries?

(C) Which region or sub-segment is expected to drive the market in the forecast period?

(D) What factors are estimated to drive and restrain the market growth?

(E) What are the key technology and market trends shaping the market?

(F) what are the key opportunity in the market?

(G) Who are the leading manufacturers operating in the global Green Composites market?

(H) Which key player accounted for the highest market share?

(I) What are the growth opportunities for the new entrants in the global Green Composites market?

Table of Contents - Major Key Points:

1 Market Overview
1.1 Green Composites Product Introduction
1.2 Global Green Composites Market Size Forecast
1.2.1 Global Green Composites Sales Value (2020-2031)
1.2.2 Global Green Composites Sales Volume (2020-2031)
1.2.3 Global Green Composites Sales Price (2020-2031)
1.3 Green Composites Market Trends & Drivers
1.3.1 Green Composites Industry Trends
1.3.2 Green Composites Market Drivers & Opportunity
1.3.3 Green Composites Market Challenges
1.3.4 Green Composites Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Green Composites Players Revenue Ranking (2024)
2.2 Global Green Composites Revenue by Company (2020-2025)
2.3 Global Green Composites Players Sales Volume Ranking (2024)
2.4 Global Green Composites Sales Volume by Company Players (2020-2025)
2.5 Global Green Composites Average Price by Company (2020-2025)
2.6 Key Manufacturers Green Composites Manufacturing Base and Headquarters
2.7 Key Manufacturers Green Composites Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Green Composites
2.9 Green Composites Market Competitive Analysis
2.9.1 Green Composites Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Green Composites Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Green Composites as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Wood Fibers
3.1.2 Non-Wood Fibers
3.2 Global Green Composites Sales Value by Type
3.2.1 Global Green Composites Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Green Composites Sales Value, by Type (2020-2031)
3.2.3 Global Green Composites Sales Value, by Type (%) (2020-2031)
3.3 Global Green Composites Sales Volume by Type
3.3.1 Global Green Composites Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Green Composites Sales Volume, by Type (2020-2031)
3.3.3 Global Green Composites Sales Volume, by Type (%) (2020-2031)
3.4 Global Green Composites Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Building and Construction
4.1.2 Automotive
4.1.3 Sports and Leisure
4.1.4 Others
4.2 Global Green Composites Sales Value by Application
4.2.1 Global Green Composites Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Green Composites Sales Value, by Application (2020-2031)
4.2.3 Global Green Composites Sales Value, by Application (%) (2020-2031)
4.3 Global Green Composites Sales Volume by Application
4.3.1 Global Green Composites Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Green Composites Sales Volume, by Application (2020-2031)
4.3.3 Global Green Composites Sales Volume, by Application (%) (2020-2031)
4.4 Global Green Composites Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Green Composites Sales Value by Region
5.1.1 Global Green Composites Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Green Composites Sales Value by Region (2020-2025)
5.1.3 Global Green Composites Sales Value by Region (2026-2031)
5.1.4 Global Green Composites Sales Value by Region (%), (2020-2031)
5.2 Global Green Composites Sales Volume by Region
5.2.1 Global Green Composites Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Green Composites Sales Volume by Region (2020-2025)
5.2.3 Global Green Composites Sales Volume by Region (2026-2031)
5.2.4 Global Green Composites Sales Volume by Region (%), (2020-2031)
5.3 Global Green Composites Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Green Composites Sales Value, 2020-2031
5.4.2 North America Green Composites Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Green Composites Sales Value, 2020-2031
5.5.2 Europe Green Composites Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Green Composites Sales Value, 2020-2031
5.6.2 Asia Pacific Green Composites Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Green Composites Sales Value, 2020-2031
5.7.2 South America Green Composites Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Green Composites Sales Value, 2020-2031
5.8.2 Middle East & Africa Green Composites Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Green Composites Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Green Composites Sales Value and Sales Volume
6.2.1 Key Countries/Regions Green Composites Sales Value, 2020-2031
6.2.2 Key Countries/Regions Green Composites Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Green Composites Sales Value, 2020-2031
6.3.2 United States Green Composites Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Green Composites Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Green Composites Sales Value, 2020-2031
6.4.2 Europe Green Composites Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Green Composites Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Green Composites Sales Value, 2020-2031
6.5.2 China Green Composites Sales Value by Type (%), 2024 VS 2031
6.5.3 China Green Composites Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Green Composites Sales Value, 2020-2031
6.6.2 Japan Green Composites Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Green Composites Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Green Composites Sales Value, 2020-2031
6.7.2 South Korea Green Composites Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Green Composites Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Green Composites Sales Value, 2020-2031
6.8.2 Southeast Asia Green Composites Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Green Composites Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Green Composites Sales Value, 2020-2031
6.9.2 India Green Composites Sales Value by Type (%), 2024 VS 2031
6.9.3 India Green Composites Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Trex Company
7.1.1 Trex Company Company Information
7.1.2 Trex Company Introduction and Business Overview
7.1.3 Trex Company Green Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Trex Company Green Composites Product Offerings
7.1.5 Trex Company Recent Development
7.2 The AZEK Company
7.2.1 The AZEK Company Company Information
7.2.2 The AZEK Company Introduction and Business Overview
7.2.3 The AZEK Company Green Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 The AZEK Company Green Composites Product Offerings
7.2.5 The AZEK Company Recent Development
7.3 Fiberon
7.3.1 Fiberon Company Information
7.3.2 Fiberon Introduction and Business Overview
7.3.3 Fiberon Green Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Fiberon Green Composites Product Offerings
7.3.5 Fiberon Recent Development
7.4 Avient
7.4.1 Avient Company Information
7.4.2 Avient Introduction and Business Overview
7.4.3 Avient Green Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Avient Green Composites Product Offerings
7.4.5 Avient Recent Development
7.5 Oldcastle Architectural
7.5.1 Oldcastle Architectural Company Information
7.5.2 Oldcastle Architectural Introduction and Business Overview
7.5.3 Oldcastle Architectural Green Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Oldcastle Architectural Green Composites Product Offerings
7.5.5 Oldcastle Architectural Recent Development
7.6 Anhui Sentai WPC Group
7.6.1 Anhui Sentai WPC Group Company Information
7.6.2 Anhui Sentai WPC Group Introduction and Business Overview
7.6.3 Anhui Sentai WPC Group Green Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Anhui Sentai WPC Group Green Composites Product Offerings
7.6.5 Anhui Sentai WPC Group Recent Development
7.7 UPM Biocomposites
7.7.1 UPM Biocomposites Company Information
7.7.2 UPM Biocomposites Introduction and Business Overview
7.7.3 UPM Biocomposites Green Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 UPM Biocomposites Green Composites Product Offerings
7.7.5 UPM Biocomposites Recent Development
7.8 Tecnaro GmbH
7.8.1 Tecnaro GmbH Company Information
7.8.2 Tecnaro GmbH Introduction and Business Overview
7.8.3 Tecnaro GmbH Green Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Tecnaro GmbH Green Composites Product Offerings
7.8.5 Tecnaro GmbH Recent Development
7.9 TTS Inc
7.9.1 TTS Inc Company Information
7.9.2 TTS Inc Introduction and Business Overview
7.9.3 TTS Inc Green Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 TTS Inc Green Composites Product Offerings
7.9.5 TTS Inc Recent Development
7.10 FlexForm Technologies
7.10.1 FlexForm Technologies Company Information
7.10.2 FlexForm Technologies Introduction and Business Overview
7.10.3 FlexForm Technologies Green Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 FlexForm Technologies Green Composites Product Offerings
7.10.5 FlexForm Technologies Recent Development
7.11 Procotex Corporation
7.11.1 Procotex Corporation Company Information
7.11.2 Procotex Corporation Introduction and Business Overview
7.11.3 Procotex Corporation Green Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Procotex Corporation Green Composites Product Offerings
7.11.5 Procotex Corporation Recent Development
7.12 Polyvlies Group
7.12.1 Polyvlies Group Company Information
7.12.2 Polyvlies Group Introduction and Business Overview
7.12.3 Polyvlies Group Green Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Polyvlies Group Green Composites Product Offerings
7.12.5 Polyvlies Group Recent Development
7.13 Bcomp
7.13.1 Bcomp Company Information
7.13.2 Bcomp Introduction and Business Overview
7.13.3 Bcomp Green Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Bcomp Green Composites Product Offerings
7.13.5 Bcomp Recent Development
7.14 UFP Technologies
7.14.1 UFP Technologies Company Information
7.14.2 UFP Technologies Introduction and Business Overview
7.14.3 UFP Technologies Green Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 UFP Technologies Green Composites Product Offerings
7.14.5 UFP Technologies Recent Development
8 Industry Chain Analysis
8.1 Green Composites Industrial Chain
8.2 Green Composites Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Green Composites Sales Model
8.5.2 Sales Channel
8.5.3 Green Composites Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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