The market size of biocomposites will exceed 300 billion, with excellent development prospects
Biocomposites are based on biological materials. They are materials composed of two or more different materials. They can be divided into wood fiber composites and non-wood fiber composites according to fiber type. Synthetic biomaterials can be divided into polymer types according to the type of fiber. Composite materials and natural biocomposites. Some or all of the raw materials of biocomposites are bio-based and sustainably sourced. At the same time, most biocomposites have the advantage of being degradable or partially degradable. In recent years, with the continuous development of the global green environmental protection concept With the development of biocomposites, biocomposites are widely used in construction, transportation and consumer goods.
Industrial Research Center distributed“Biocomposite 2022-2026 “In-depth Market Research and Investment Strategy Suggestions Report on the Materials Industry” shows that in recent years, the global biocomposite materials market has maintained a rapid growth trend. In 2021, the global biocomposite materials market will exceed 160 billion yuan. The year-on-year growth is close to 20%. Currently, major players in the global biocomposite market include UPM (Finland), Trex Company (U.S.), Fiberon LLC (U.S.), FlexForm Technologies (U.S.), Universal Forest Products, Inc. (U.S.), Nanjing Jufeng New Materials Co., Ltd. (U.S.) China), Meshlin Composites ZRT (Hungary), Tecnaro GmbH (Germany), etc.
(1) Wood fiber composite materials account for the main share
Wood fiber composite materials are cheaper than non-wood fiber composite materials. On the other hand, wood fiber composite materials are used earlier and more maturely. Currently, wood fiber composite materials can be used to produce decks, railings, railings, fences and other products, and are widely used in residential, Areas such as commercial establishments, poolside areas, observation decks and marinas.
(2) There are far more synthetic biocomposites than natural biocomposites
Natural biocomposite materials have inherent deficiencies in strength, moisture resistance, heat resistance, corrosion resistance, etc. Biocomposite materials synthesized from PE, PP, ABS, PET, epoxy resin, PC, etc. and biofibers can combine PE, The performance of materials such as PP and ABS can be maintained while maintaining the performance of biological fibers, and the application fields are wider. For example, PP polymer has low density, dimensional stability and impact resistance. PP polymer combined with natural fibers (wood fiber, cellulose, coir fiber, etc.) can be used in many industries such as transportation, building and construction, and shipbuilding.
(3) The construction industry is the main application field
The construction industry is the largest market for biocomposites. Biocomposites are made from wood fibers and natural fibers and are used in different forms in the construction industry. Decorative panels, railings, railings, fences, windows, doors, frames and other components can be made from biocomposites. Among them, wood fiber composites are mainly used in the production of decks, railings, railings and fences, and natural fiber composites are mainly used in non-load-bearing interior components in civil engineering, such as the manufacture of windows, doors, frames, wall panels, durable roof elements, Exterior structure and composite panels.
Biocomposite materials are environmentally friendly and mostly degradable to a certain extent. They have the advantages of biomaterials and the performance of traditional materials. In the future, as countries around the world continue to develop low-carbon and environmentally friendly products, bio-based and degradable materials will be one of the important directions for the future development of materials. The demand and application fields of bio-composites will become larger and larger, and the market size will maintain a rapid growth trend. , it is estimated that the global biocomposite market size will exceed 300 billion yuan in 2025, and the industry development prospects are excellent.