Biocomposites Market - Global Industry Size, Share, Trends, Opportunity & Forecast, Segmented By Fiber (Wood Fibers, Non-wood Fibers), By Product (Wood Plastic Composites, Natural Fiber Composites, Hybrid Biocomposites), By Technology (Compression Molding, Injection Molding, Extrusion, Resin Transfer Molding, Pultrusion, Thermoforming, Others), By Region & Competition, 2020-2030F
Market Report I 2025-08-31 I 180 Pages I TechSci Research
Market Overview
Global Biocomposites market was valued at USD 28.35 Billion in 2024 and is expected to reach USD 50.56 Billion by 2030 with a CAGR of 10.12%. The global bio-composites market is a rapidly growing segment of the materials industry, fueled by the transition toward sustainable manufacturing and the increasing demand for environmentally responsible alternatives to conventional petroleum-based composites. Bio-composites are advanced materials made by combining natural fibers such as wood, hemp, jute, flax, or agricultural residues with bio-based or recycled polymers. They offer an optimal combination of strength, lightweight properties, and visual appeal while substantially reducing environmental impact over their lifecycle.
The global bio-composites market is set for strong, sustained growth, driven by the intersection of sustainability goals, continuous material innovation, and an expanding range of industrial applications. What was once a niche, eco-focused material category is now evolving into a mainstream industrial solution, meeting both environmental commitments and high-performance standards demanded by modern industries.
Key Market Drivers
Rising Demand for Sustainable Materials
Rising demand for sustainable materials is one of the most influential forces driving the expansion of the global bio-composites market, as industries and consumers increasingly prioritize environmental responsibility without compromising on performance or aesthetics. This shift is rooted in growing awareness of climate change, depletion of natural resources, and the harmful impacts of petroleum-based plastics, creating a strong market pull toward renewable, low-carbon alternatives. Bio-composites made from natural fibers such as wood, hemp, flax, jute, or agricultural residues combined with bio-based or recycled polymers offer a compelling solution to these challenges. They not only reduce dependence on fossil fuels but also contribute to lowering greenhouse gas emissions throughout their lifecycle. For businesses seeking to align with Environmental, Social, and Governance (ESG) goals, bio-composites present a strategic opportunity to meet regulatory expectations and enhance brand reputation.
In construction, the preference for sustainable materials is driving the use of bio-composites in decking, cladding, roofing, and insulation, where they deliver strength, weather resistance, and longevity alongside a reduced environmental footprint. The automotive sector is adopting them for interior panels, trims, and structural parts to achieve weight reduction, improve fuel efficiency, and comply with stringent emission standards. Consumer goods manufacturers are leveraging bio-composites to design products that appeal to eco-conscious buyers, from furniture and electronics casings to reusable packaging. The market momentum is further strengthened by regulatory measures such as On July 1, 2022, India implemented a nationwide ban on a range of single-use plastic products, including plastic cutlery, carry bags, and styrofoam food containers. This decisive regulatory action forms a key component of the country's strategy to curb plastic pollution at its source. Beyond domestic measures, India has also taken a leadership role on the international stage by introducing a resolution at the United Nations Environment Assembly (UNEA) aimed at establishing a coordinated global framework to tackle plastic pollution, tax incentives for eco-friendly materials, and procurement policies favoring bio-based products. In many developed markets, sustainable materials are no longer a niche preference but a baseline expectation, making bio-composites a natural choice for manufacturers seeking long-term competitiveness. As sustainability continues to transition from a trend to a global business imperative, the rising demand for eco-friendly materials will remain a key growth catalyst for the bio-composites market, accelerating adoption across both established and emerging applications.
Key Market Challenges
High Production Costs Compared to Conventional Materials
One of the primary barriers is that bio-composites often have higher initial production costs than petroleum-based composites or traditional materials. The sourcing of high-quality natural fibers, the use of bio-based polymers, and specialized processing techniques can increase manufacturing expenses. While lifecycle cost advantages such as lower maintenance and recyclability help offset these expenses over time, many industries remain cost-sensitive and prioritize lower upfront prices, particularly in price-competitive markets like packaging and consumer goods. The lack of economies of scale in some regions also keeps prices elevated, limiting adoption in budget-constrained sectors.
Key Market Trends
Integration of Bio-Composites in Advanced Manufacturing and 3D Printing
A notable trend is the increasing use of bio-composites in additive manufacturing, particularly 3D printing, for customized, lightweight, and sustainable components. Natural fiber-reinforced bio-polymers are being formulated into printable filaments and powders, enabling on-demand production of parts for automotive interiors, consumer electronics housings, medical devices, and architectural models. This integration supports decentralized manufacturing, reduces material wastage, and allows for rapid prototyping of eco-friendly designs. As 3D printing technology matures, bio-composites are poised to play a key role in producing functional, sustainable products at both small and industrial scales.
Key Market Players
- Stora Enso Oyj
- UPM-Kymmene Corporation
- UFP Industries, Inc.
- Natural Fibre Technologies Ltd
- RBT BioComposites
- Fiberwood Oy
- Bcomp Ltd
- JELU-WERK J. Ehrler GmbH & Co. KG
- Hemka
- Norske Skog Saugbrugs
Report Scope:
In this report, the Global Biocomposites Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Biocomposites Market, By Fiber:
o Wood Fibers
o Non-wood Fibers
- Biocomposites Market, By Product:
o Wood Plastic Composites
o Natural Fiber Composites
o Hybrid Biocomposites
- Biocomposites Market, By Technology:
o Compression Molding
o Injection Molding
o Extrusion
o Resin Transfer Molding
o Pultrusion
o Thermoforming
o Others
- Biocomposites Market, By Region:
o North America
United States
Canada
Mexico
o Europe
France
United Kingdom
Italy
Germany
Spain
o Asia-Pacific
China
India
Japan
Australia
South Korea
o South America
Brazil
Argentina
Colombia
o Middle East & Africa
South Africa
Saudi Arabia
UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Biocomposites Market.
Available Customizations:
Global Biocomposites market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Impact of COVID 19 on Global Biocomposites Market
5. Biocomposites Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Fiber (Wood Fibers, Non-wood Fibers)
5.2.2. By Product (Wood Plastic Composites, Natural Fiber Composites, Hybrid Biocomposites)
5.2.3. By Technology (Compression Molding, Injection Molding, Extrusion, Resin Transfer Molding, Pultrusion, Thermoforming, Others)
5.2.4. By Region
5.2.5. By Company (2024)
5.3. Market Map
6. North America Biocomposites Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Fiber
6.2.2. By Product
6.2.3. By Technology
6.2.4. By Country
6.3. North America: Country Analysis
6.3.1. United States Biocomposites Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value & Volume
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Fiber
6.3.1.2.2. By Product
6.3.1.2.3. By Technology
6.3.2. Canada Biocomposites Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value & Volume
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Fiber
6.3.2.2.2. By Product
6.3.2.2.3. By Technology
6.3.3. Mexico Biocomposites Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value & Volume
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Fiber
6.3.3.2.2. By Product
6.3.3.2.3. By Technology
7. Europe Biocomposites Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Fiber
7.2.2. By Product
7.2.3. By Technology
7.2.4. By Country
7.3. Europe: Country Analysis
7.3.1. Germany Biocomposites Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value & Volume
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Fiber
7.3.1.2.2. By Product
7.3.1.2.3. By Technology
7.3.2. United Kingdom Biocomposites Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value & Volume
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Fiber
7.3.2.2.2. By Product
7.3.2.2.3. By Technology
7.3.3. Italy Biocomposites Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value & Volume
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Fiber
7.3.3.2.2. By Product
7.3.3.2.3. By Technology
7.3.4. France Biocomposites Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value & Volume
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Fiber
7.3.4.2.2. By Product
7.3.4.2.3. By Technology
7.3.5. Spain Biocomposites Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value & Volume
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Fiber
7.3.5.2.2. By Product
7.3.5.2.3. By Technology
8. Asia-Pacific Biocomposites Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Fiber
8.2.2. By Product
8.2.3. By Technology
8.2.4. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Biocomposites Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value & Volume
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Fiber
8.3.1.2.2. By Product
8.3.1.2.3. By Technology
8.3.2. India Biocomposites Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value & Volume
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Fiber
8.3.2.2.2. By Product
8.3.2.2.3. By Technology
8.3.3. Japan Biocomposites Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value & Volume
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Fiber
8.3.3.2.2. By Product
8.3.3.2.3. By Technology
8.3.4. South Korea Biocomposites Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value & Volume
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Fiber
8.3.4.2.2. By Product
8.3.4.2.3. By Technology
8.3.5. Australia Biocomposites Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value & Volume
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Fiber
8.3.5.2.2. By Product
8.3.5.2.3. By Technology
9. South America Biocomposites Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Fiber
9.2.2. By Product
9.2.3. By Technology
9.2.4. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Biocomposites Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value & Volume
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Fiber
9.3.1.2.2. By Product
9.3.1.2.3. By Technology
9.3.2. Argentina Biocomposites Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value & Volume
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Fiber
9.3.2.2.2. By Product
9.3.2.2.3. By Technology
9.3.3. Colombia Biocomposites Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value & Volume
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Fiber
9.3.3.2.2. By Product
9.3.3.2.3. By Technology
10. Middle East and Africa Biocomposites Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Fiber
10.2.2. By Product
10.2.3. By Technology
10.2.4. By Country
10.3. MEA: Country Analysis
10.3.1. South Africa Biocomposites Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value & Volume
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Fiber
10.3.1.2.2. By Product
10.3.1.2.3. By Technology
10.3.2. Saudi Arabia Biocomposites Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value & Volume
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Fiber
10.3.2.2.2. By Product
10.3.2.2.3. By Technology
10.3.3. UAE Biocomposites Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value & Volume
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Fiber
10.3.3.2.2. By Product
10.3.3.2.3. By Technology
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Recent Developments
12.2. Product Launches
12.3. Mergers & Acquisitions
13. Global Biocomposites Market: SWOT Analysis
14. Competitive Landscape
14.1. Stora Enso Oyj
14.1.1. Business Overview
14.1.2. Product & Service Offerings
14.1.3. Recent Developments
14.1.4. Financials (If Listed)
14.1.5. Key Personnel
14.1.6. SWOT Analysis
14.2. UPM-Kymmene Corporation
14.3. UFP Industries, Inc.
14.4. Natural Fibre Technologies Ltd
14.5. RBT BioComposites
14.6. Fiberwood Oy
14.7. Bcomp Ltd
14.8. JELU-WERK J. Ehrler GmbH & Co. KG
14.9. Hemka
14.10.Norske Skog Saugbrugs
15. Strategic Recommendations
16. About Us & Disclaimer
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.