What are Biofibers?

The biocomposites market is anticipated to grow with a significant rate in the coming years, due to government efforts to replace plastics with biodegradable and environmentally favorable alternatives and rising awareness among people regarding eco-friendly materials worldwide. However, increasing use of biocomposites in building & construction, transportation, consumer goods end-use industries is anticipated to offer more growth opportunities for the players operating in the biocomposites market.

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Biocomposites are fully degradable composites that are made up of biopolymer matrix and natural fibers as supporting phase. A biocomposite is a material composed of two or more dissimilar constituent materials that are combined to produce a new material with improved performance over individual constituent materials. These materials are also known as green composites that are used to reduce depletion of petroleum reserves & environmental pollution, to utilize agricultural waste and help in attaining sustainable development.

The "Global Biocomposites Market Analysis to 2027" is a specialized and in-depth study of the chemical industry with a focus on the global market trend. The report aims to provide an overview of global market with detailed market segmentation by product, polymer type, fiber type, end user and geography. The global biocomposites market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading biocomposites market players and offers key trends and opportunities in the market.