The Biocomposites Global Market Report 2023, provides comprehensive information on the biocomposites market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Biocomposites Global Market Report 2023, the global biocomposites market size grew from $24.68 billion in 2022 to $29.42 billion in 2023 at a compound annual growth rate (CAGR) of 19.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the biocomposites is expected to grow to $54.68 billion in 2027 at a CAGR of 16.8%.

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The biocomposites market is segmented:
1) By Product: Hybrid Biocomposites, Green Biocomposites
2) By Polymer: Natural Polymer Composites, Synthetic Polymer Composites
3) By Fiber Type: Wood Fiber Composites, Non-Wood Fiber Composites
4) By End-Use Industries: Building And Construction, Transportation, Consumer Goods, Others End-Use Industries
Universal Forest Products Inc.

Asia-Pacific was the largest region in the biocomposites market in 2022.

The table of contents in TBRC’s biocomposites market report includes:
1. Executive Summary
2. Biocomposites Market Characteristics
3. Biocomposites Market Trends And Strategies
4. Biocomposites Market - Macro Economic Scenario
5. Biocomposites Market Size And Growth
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26. Africa Biocomposites Market
27. Biocomposites Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biocomposites Market
29. Biocomposites Market Future Outlook and Potential Analysis
30. Appendix

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