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#Biocomposites Market Trends
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Biocomposites Market To Generate USD 103.6 Billion by 2030
Biodegradable polymer serves as the matrix material in biocomposites, which typically also contain bio-fibers as reinforcing elements. Moreover, biocomposites have the following characteristics: low cost, low density, high toughness, acceptable specific strength properties, good thermal properties, ease of separation, improved energy recovery, and biodegradability.
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As per a report by P&S Intelligence, the biocomposites market is on track to reaching USD 103.6 billion by 2030. This is because more people are becoming aware of eco-friendly materials and because the government is taking steps to replace plastics with them. A further factor driving material demand is the car industry's growing desire to lighten and increase passenger safety.
NFCs are frequently employed in car interior components such as windows, driver cabins, doors, and dashboards. On the other hand, WPCs are mostly used in the construction of seat bases, back shelf trims for the spare tire and trunk, headliners, and inside door trims.
As a result, practically all European and North American OEMs have included them in their ambitious goals to reduce weight in order to comply with stringent environmental laws. This is due to the rising use of these materials in vehicles.
Due to its fast industrialization, APAC also represented the greatest value share in the worldwide market. Essentially, the rising requirement for such materials from the automobile and consumer goods sectors is what is driving market expansion in the region.
The market is also expected to be driven by the growing need in the building and construction sector for materials that are biodegradable, non-toxic, moisture- and thermally-resistant.
Furthermore, APAC is developing into a hub for producers of biocomposite materials, and it is anticipated that it will record a strong need for such materials in the years to come. Additionally, these materials are widely used in cooling tower units to prevent moisture-related corrosion.
For instance, as part of the Saudi Vision 2030 development plan, the Kingdom of Saudi Arabia is undertaking a number of large-scale infrastructure projects, such as the Red Sea Project, Qiddiya Entertainment City, King Abdullah Financial District, and Neom City, all of which are expected to support business and corporate expansion.
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tipresearch123 · 8 months
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Investing in Biocomposites: A Promising Market for Sustainable Investors
Investing in biocomposites market presents a promising opportunity for sustainable investors looking to make a positive environmental impact while also seeking financial returns. Biocomposites, which are sustainable materials made from renewable resources, have gained significant attention in recent years as the demand for eco-friendly alternatives to traditional materials continues to rise.
There are several reasons why investing in biocomposites is an attractive option for sustainable investors. Firstly, biocomposites align with the principles of sustainability and environmental responsibility. By investing in this market, investors can support the development and adoption of materials that have a lower carbon footprint and reduce reliance on non-renewable resources. This contributes to mitigating climate change and promoting a more sustainable future.
Secondly, the market for biocomposites is experiencing rapid growth and expansion. According to reports, the global biocomposites market is projected to reach a value of billions of dollars in the coming years. This growth is driven by increasing consumer demand for sustainable products across various industries, including automotive, construction, packaging, and consumer goods. By investing in biocomposites, investors can tap into this growing market and potentially benefit from its financial upside.
Furthermore, governments and regulatory bodies are actively supporting the development and adoption of biocomposites through policies and incentives. This creates a favorable investment landscape, as government support can drive market demand and provide a stable environment for companies operating in the biocomposites sector.
When considering investments in biocomposites, investors should conduct thorough due diligence. It is essential to evaluate the technologies, manufacturing processes, and market potential of the companies involved. Assessing factors such as scalability, competitive advantage, and partnerships will help investors make informed decisions.
Investing in biocomposites can be done through various avenues. Sustainable investors can consider investing directly in companies that specialize in biocomposite production or those that incorporate biocomposites into their products. Additionally, there are investment funds and exchange-traded funds (ETFs) that focus on sustainable materials or environmental technologies, which may include biocomposites as part of their portfolio.
In conclusion, investing in biocomposites offers a promising opportunity for sustainable investors. It allows investors to support the development of eco-friendly materials while potentially benefiting from the growth of a market driven by increasing demand for sustainable products. By carefully evaluating investment opportunities and considering long-term sustainability goals, investors can align their financial objectives with their commitment to environmental stewardship.
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marketinsight1234 · 2 months
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Global Bio Feedstocks Market Size Expected To Reach USD 25848 Million With CAGR 23.20% By 2030
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The Global Bio Feedstocks Market size was reasonably estimated to be approximately USD 6000 Million in 2023 and is poised to generate revenue over USD 25848 Million by the end of 2030, projecting a CAGR of around 23.20% from 2023 to 2030.
Any material obtained from a biological source and used to produce energy or other goods is referred to as bio-based feedstock. It includes a broad variety of organic elements, including waste from organic processes, crops, forestry byproducts, and agricultural residues. Since these feedstocks come from living things and may be restored by natural processes, they are renewable resources.
Bio-based feedstocks are used in the production of bioenergy, biofuels, biochemicals, and bioplastics. They provide a sustainable substitute for fossil fuels and non-renewable resources in these sectors. We can lessen our reliance on finite resources, cut greenhouse gas emissions, and advance a circular economy that is more ecologically friendly by using bio-based feedstocks.
Biofuels like biodiesel, sustainable diesel, and bioethanol can be produced from bio-based feedstocks like algae, plant-based oils, and animal fats. By replacing fossil fuels in transportation, these fuels lower carbon emissions and lessen reliance on depleting petroleum supplies.
Bio-based feedstocks can be processed to yield a wide range of substances. Biomass can be converted, for instance, into biodegradable packaging materials, biobased polymers, and biocomposites. The synthesis of bio-based compounds, such as bio-based lubricants, solvents, and polymers, can begin with plant oils and sugars.
Leading players involved in the Bio Feedstocks Market include:
"Beta Renewables (Italy), DowDuPont (US), Enerkem (Canada), Fiberight (US), GranBio (Brazil), VIRENT (US), Clariant (Switzerland), Abengoa (Spain), BASF (Germany), INEOS Bio (Switzerland), DSM (Netherlands), Cargill (US), Novozymes (Denmark), DSM (Netherlands), Roquette (France), Total Corbion PLA (Netherlands), Braskem (Brazil), Amyris (US) and Other Major Players". 
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Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Market Driver:
One major driver propelling the bio feedstocks market is the rising concerns over climate change and the need to reduce carbon footprint. Governments worldwide are implementing strict regulations to limit greenhouse gas emissions, promoting the adoption of sustainable practices across industries. Bio feedstocks offer a viable solution as they are derived from renewable sources and have lower carbon emissions compared to fossil-based alternatives. This regulatory push, coupled with increasing consumer preference for eco-friendly products, is driving the demand for bio feedstocks in various applications.
Market Opportunity:
An emerging opportunity in the bio feedstocks market lies in the development of advanced technologies for efficient production and processing. Innovations in biotechnology, such as genetic engineering and fermentation processes, present opportunities to enhance the yield and quality of bio feedstocks while reducing production costs. Additionally, there is a growing focus on utilizing non-food biomass sources, such as agricultural residues and municipal solid waste, to produce bio-based feedstocks, thereby addressing concerns related to food security and land use. Capitalizing on these technological advancements and diversifying feedstock sources could unlock new growth avenues for market players.
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Segmentation of Bio Feedstocks Market:
By Type
Starch
Oils
Cellulose & Lignin
Proteins
Others
By Application
Energy
Pulp & Paper
Food industry
Pharmaceuticals
Chemicals
Others
By Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
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gqresearch24 · 3 months
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Natural Fibers Composite Market is Dazzling Worldwide and Forecast to 2030 | GQ Research
The Natural Fibers Composite market is set to witness remarkable growth, as indicated by recent market analysis conducted by GQ Research. In 2023, the global Natural Fibers Composite market showcased a significant presence, boasting a valuation of USD  4.50 Billion. This underscores the substantial demand for Natural Fibers Composite technology and its widespread adoption across various industries.
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Projected Growth: Projections suggest that the Natural Fibers Composite market will continue its upward trajectory, with a projected value of US$ 7.42 Billion by 2030. This growth is expected to be driven by technological advancements, increasing consumer demand, and expanding application areas.
Compound Annual Growth Rate (CAGR): The forecast period anticipates a Compound Annual Growth Rate (CAGR) of 7.25 %, reflecting a steady and robust growth rate for the Natural Fibers Composite market over the coming years.
Technology Adoption:
Growing adoption of natural fibers composites (NFCs) due to environmental concerns and sustainability.
Utilization in automotive, construction, aerospace, and consumer goods industries.
Substitution of traditional materials with NFCs for lightweight and eco-friendly products.
Application Diversity:
Automotive: Interior components, body panels, and structural reinforcements.
Construction: Building materials, insulation, and furniture.
Aerospace: Aircraft interiors, cabin components, and non-structural elements.
Consumer Goods: Sporting goods, electronic casings, and packaging materials.
Consumer Preferences:
Preference for eco-friendly and sustainable products with reduced environmental impact.
Demand for lightweight and durable materials that offer performance benefits.
Concerns about product safety, biodegradability, and recyclability of natural fiber composites.
Technological Advancements:
Advancements in fiber processing techniques and resin formulations for improved mechanical properties.
Development of hybrid composites combining natural fibers with synthetic reinforcements for enhanced performance.
Innovation in manufacturing processes such as compression molding, injection molding, and 3D printing.
Market Competition:
Intense competition among manufacturers of natural fiber composites and traditional materials.
Differentiation through product innovation, quality control, and cost-effectiveness.
Collaboration with research institutions and material suppliers to develop new formulations and applications.
Expansion into emerging markets and industries to capitalize on growth opportunities.
Environmental Considerations:
Reduction of carbon footprint and greenhouse gas emissions compared to traditional materials.
Promotion of sustainable agriculture and forestry practices for sourcing natural fibers.
Consideration of end-of-life disposal and recycling options for NFC products.
Compliance with environmental regulations and standards governing material usage and waste management.
Regional Dynamics: Different regions may exhibit varying growth rates and adoption patterns influenced by factors such as consumer preferences, technological infrastructure and regulatory frameworks.
Key players in the industry include:
FlexForm Technologies LLC
Procotex Corp SA
TECNARO GMBH
UPM Biocomposites
Trex Company
Polyvlies Franz Beyer GMBH & Co. KG
GreenCore Composites Inc
Jelu-werk Josef Ehrler GmbH Co & Co. KG
Fiberon Technologies Inc.
The AZEK Company LLC.
The research report provides a comprehensive analysis of the Natural Fibers Composite market, offering insights into current trends, market dynamics and future prospects. It explores key factors driving growth, challenges faced by the industry, and potential opportunities for market players.
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marketresearch99 · 6 months
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Cellulose at the Nanoscale: Forecasting Progress and Emerging Applications in the Nanocellulose Market 2023
The Nanocellulose Market stands as a burgeoning sector in the realm of sustainable nanotechnology, showcasing remarkable growth and transformative applications across diverse industries. As we venture into 2023, this market experiences dynamic evolution, propelled by technological advancements, sustainability initiatives, and the quest for eco-friendly materials in various sectors.
Embracing Nanocellulose:
Nanocellulose, derived from renewable biomass, emerges as a versatile and sustainable nanomaterial. Its exceptional properties, including high strength, low weight, and biodegradability, position it as a frontrunner in a wide array of applications, fostering interest in eco-friendly alternatives.
Technological Advancements:
Technological innovations continue to shape the Nanocellulose Market. Advancements in extraction processes, modification techniques, and nanocomposite formulations enhance nanocellulose's functionality, enabling its use in diverse applications across industries.
Sustainable Material Solutions:
Sustainability remains a central driving force in the Nanocellulose Market in 2023. Nanocellulose's renewable and biodegradable nature aligns with global sustainability goals, offering an eco-friendly alternative to conventional materials, reducing environmental impact, and promoting a circular economy.
Diverse Industry Applications:
The market's growth extends across multiple sectors. From packaging and automotive to healthcare and construction, nanocellulose finds applications in biocomposite materials, paper and packaging, biomedical devices, lightweight materials, and more, showcasing its versatility and adaptability.
Environmental Impact:
Nanocellulose's low environmental footprint contributes to its increasing demand. As industries seek greener alternatives, nanocellulose stands out for its ability to reduce reliance on non-renewable resources, offering sustainable solutions across a wide spectrum of applications.
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Future Trajectories:
The Nanocellulose Market shows promising future trajectories. Anticipated trends include advancements in large-scale production techniques, development of nanocellulose-based functional materials, and increased utilization in advanced biomedical applications.
Conclusion:
In 2023, the Nanocellulose Market remains at the forefront of sustainable material innovation. Its evolution from a novel nanomaterial to a widely recognized eco-friendly solution underscores its pivotal role in addressing sustainability challenges across industries. As industries embrace nanocellulose for its unique properties, sustainability, and versatile applications, the market's impact on fostering environmentally friendly and advanced material solutions becomes increasingly significant, paving the way towards a more sustainable and technologically advanced future.
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latestsmarkettrends · 11 months
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Manufacturing and Characterization of Hybrid Composites with Natural Fibers
Abstract
In the present investigation an attempt has been made to fabricate jute reinforced bagasse composites which was developed by layer by layer techniques of composite manufacturing methods. As it was known, previously ceramics and plastics materials have been more dominant in the world market. Due to the rapid growth of the applications of composite materials, they penetrate and conquer the new markets persistently. Nowadays, composites have become one of the most important engineering materials in various applications. This composite material has been made by using sugarcane bagasse as a filler, jute natural fiber as reinforcement material with PVA as matrix. The fabricated composite materials were characterized for its mechanical properties like tensile, bending and compression strength and compared with the existing wood chipboard. The test result obtained showed that the jute reinforced sugarcane bagasse composite has higher strength in tensile, compression and bending properties than the existing wood fiber chipboard. From this research work it was drawn that using natural fibers as a reinforcing and as filler materials for manufacturing of composites materials provided good mechanical properties and becomes the recent research area and have various applications in volume and numbers.
Keywords: Waste sugarcane bagasse; Jute fiber; Biocomposites; Mechanical properties; Characterization; Natural fibers; Engineering materials
Introduction
Nowadays, composites have become one of the most important engineering materials in various applications [1]. Composites are materials which consist of two or more distinct constituents or phases which can be combined to produce a material with entirely different properties from the individual constituents [2]. The demands for composites are gradually increasing as composites are more preferred compared to other materials such as metals and ceramics. The main reason for this is because composites are relatively cheaper and have high availability. Ahead of that, the properties of composites can be altered according to the desired applications [1]. However, the trend of the world today leans toward biodegradable or “green” materials which are more environmental friendly. These “green” materials are also sustainable as it comes from renewable resources. Even though composites have many uses in the industry, it is a better idea to apply “green” composite or biocomposite [3]. Biocomposites are a type of composite where either one or both constituent materials; matrix and reinforcement are of biological origin [1,4]. As mentioned before, at least one of the constituent materials of the bio-composite must be of biological origin. In this investigation, bagasse fibers were used as the filler material with jute and PVA for the biocomposite.
The creation of bio-composite fibre board can be also used in wall construction and is potentially to contribute of making cost effective home possible [5]. The reinforcement of a composite is a discontinuous material usually in the form of fibrous or particulate. As the name ‘reinforcement’ implies, this fibrous/particulate material is used to reinforce and enhance the properties of the composite. It can be said these reinforcement materials are the backbones of composites as they are the principle load carrying agent. This material has better properties or stronger than the matrix material. However, the reinforcement fibers or particles require the matrix substance to hold it and to spread out the load uniformly [1,6]. Fillers not only reduce the cost of composites, but also frequently impart performance improvements that might not otherwise be achieved by the reinforcement and resin ingredients alone. Fillers are often referred to as extenders. Fillers can improve mechanical properties including fire and smoke performance by reducing organic content in composite laminates [4]. Among the plant origin fibers jute and sisal are the most widely used because of their availability and strength [7]. Therefore, jute fiber is used in this research work as a reinforcing material. In recent years, there has been an increasing movement toward more efficient utilization of residual agro-industrial products such as sugarcane bagasse and jute fiber [4,8]. The biodegradability of the natural fibers is considered as the most important and interesting aspects of their utilization in polymeric materials [9]. Such natural fibers are low-cost fibers with high specific properties, low density, and eco-friendly.
It will be an alternative way to develop the biocomposites which can be particularly used for daily needs of common people whether it is household furniture, house, fencing, decking, flooring, and light weight car components or sports equipment [4,10]. Jute fibre is 100% bio-degradable and recyclable and thus environmentally friendly. Jute is a bast fiber used for sacking, burlap, and twine as a backing material for tufted carpets. It is a long, soft, shiny fiber that can be spun into coarse, strong threads. It is one of the cheapest natural fibers and is second only to cotton in amount produced and variety of uses [11- 13]. Bagasse is the residue fiber remaining when sugar cane is pressed to extract the sugar. Bagasse is composed of fiber and pith, the fiber is thick walled, coarse, stiff and relatively long. Bagasse is a plentiful lignocellulosic waste typically found in tropical countries that process sugarcane. It is used either as a fuel for boilers by the sugar factory or as a raw material for the manufacture of pulp and paper products. Currently, bagasse sugarcane, a waste product of the sugar industry, is mainly burned as fuel in sugar mill boilers. The low cost, low density and acceptable mechanical properties of bagasse fiber make it an ideal candidate to be considered for value-added applications such as filler in jute reinforced composites [2,14]. The main objective of the study is to evaluate the mechanical properties and characterization of jute reinforced bagasse composite. It will be an alternative way to develop the biocomposites which can be particularly used for daily needs of common people. Their low cost, easy availability and aesthetic designs will be the main driving force to transform the depended present to sustainable future. Significant research is currently underway around the world to address and overcome the obstacles mentioned above. This effort to develop biocomposite materials with improved performance for global applications is an ongoing process.
Materials and Methods
Materials
The materials used in this study to fabricate the jute reinforced bagasse composites were waste sugarcane bagasse, jute fiber, PVA glue, mold with presser, timbers, and plastics. For the characterization of the mechanical properties of the composite materials the following equipment’s were required such as universal strength tester, box compression tester and 3-point bending tester
Preparation of the samples
To fabricate the composites, first the bagasse was collected from the nearby area and then washed thoroughly in order to remove sugar. After proper washing of the bagasse, it was dried nearly a day to remove any moisture present in it. The bagasse was treated with alkali solution to kill bacteria present in it. The alkali treated bagasse crashed into small fibers by using cutter. On the other hand, the reinforcing jute fibers were purchased from the market.
Manufacturing methods of the composite
Hand layup is the most basic fabrication methods for composites which typically consist of laying dry fabric layers, or “plies,” or prepreg plies, by hand onto a tool to form a laminate stack. Resin is applied to the dry plies after layup is complete (e.g., by means of resin infusion). In a variation known as wet layup, each ply is coated with resin and “debulked” or compacted after it is placed [15].
Design of the jute reinforced bagasse composite
A composite is fabricated combining jute a natural fiber with a polymer resin a matrix through layer by layer method at a suitable temperature for bonding of the materials and curing process to take place. The fabricated specimen composite was tested for its mechanical properties using conventional testing machines and the values recorded. The recorded results are compared with the chip board of wood fiber. The results obtained were analyzed and discussed to identify its properties and find suitable applications. Chipboard were made by bonding together wood particles with an adhesive under heat and pressure to form a rigid board with a relatively smooth surface. In this study the same process was taken and the filler material (wood particles) replaced by sugarcane bagasse.
Conclusion
In this research work an attempt was made to fabricate a composite material which is made from jute reinforced bagasse composite and compared with the chipboard of wood fiber. From the above discussion it was concluded that the tensile, bending and compression strength of the new manufactured jute reinforced bagasse composite was better than the chipboard of wood fiber. This result shows that the manufactured composite materials have the tendency to replace the chipboard of wood fiber in the market in various applications. Natural fibers and composites made from natural sources integrate the sustainable, eco-friendly and well-designed industrial products which can replace dominance of synthetic based products in future. Interfacial adhesion between natural fibers and matrix will remain the key issue in terms of overall performance, since it dictates the final properties of the composites. The utilization of bagasse fibers for fabrication of biocomposites by using advance technology transforms future of coming generation. Bagasse fiber is obtained from a source which is known for its renewability in terms of fast growth and better mechanical properties. The well designed and engineered products from the bagasse fibers can help in making new revolution to sustain our natural resources. Thereby, based on this background information the bagasse fibers can be utilized for advance and engineered product development for different applications
It will be an alternative way to develop the such composites which can be particularly used for daily needs of common people whether it is household furniture, house, fencing, decking, flooring, and light weight car components or sports equipment’s. Their low cost, easy availability and aesthetic designs will be the main driving force to transform the depended present to sustainable future.
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knowasiak · 1 year
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stratviewresearch · 1 year
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A Comprehensive Study exploring Composite Decking & Railing Market
Stratview Research delivers key insights on the global Composite Decking & Railing Market.
The report also covers the Covid impact on the market. Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2021 and an uptrend is witnessed from 2022.
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Market Insights
The Composite Decking & Railing Market was accounted for US$ 730.4 Mn in terms of value in 2021 and is expected to grow at CAGR of 9.0% for the period 2022-2028.
Profiling Key Companies –
Axion International, Inc.,
Advanced Environmental Recycling Technologies, Inc. (AERT),
Fiberon LLC,
Green Bay Decking, LLC,
Integrity Composites LLC,
Tamko Building Products, Inc.,
Timbertech,
UPM Biocomposites,
Universal Forest Products, Inc. (UFPI).
Growth drivers and Market Value:
This report, from Stratview Research, studies the Composite Decking & Railing Market value and growth drivers over the trend period of 2022-27. According to the report -
Composite Decking & Railing Market is likely to witness an impressive CAGR of 13.2% during the forecast period. The global composite decking & railing market has observed significant growth in the earlier few years bearing the high demand for capped composites in the U.S., Germany and the emerging economies, such as the Middle East, Brazil and China. The rising construction industry in these countries is fueling the composite decking & railing market globally.
Segment Analysis:
Based on Resin Type:
Based on the resin type, the market is segmented as polyethylene, polypropylene, polyvinyl chloride, and others. The polyethylene segment accounts for the largest market share of the global composite decking & railing market. Polyethylene resin has elevated strength and sturdiness, which is suitable for residential application, necessitating joist 16 inch on center. The polypropylene segment is estimated to be the fastest- growing resin type during the forecast period. They confront thermal expansion & contraction, enabling them to be suitable in the manufacturing of composite decking & railing in elevated temperature regions.
Based on Region:
In terms of regions, presently, North America is the largest consumer of composite decking & railing. The U.S., Germany, and China are the growth engines of the market. The Middle Eastern region within the RoW region is expected to depict the highest growth during the forecast period. The market is driven by the growth of the construction industry and the ameliorating financial condition in the region which has triggered an increase in the demand for composite decking & railing.
Know more about the report, click here
Covid Impact
This informative research report also includes the most recent global events concerning the coronavirus pandemic. The report provides a detailed analysis of the pandemic's impact and the industry's economic scenario. The report consists of tables, graphs, charts, figures, and diagrams, that are used to graphically represent important statistical information.
 
Appropriate market trend and forecast analysis.
All-inclusive report
Decent price-performance ratio
Reliable data
Attractive market segments and associated growth opportunities.
Custom Research:
Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please connect with our experts at +1-313-307-4176.
𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:- Stratview Research is a global market intelligence and consulting organization that provides market research reports, customized reports, and consulting services. We are also committed to playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. Get in touch with us at: ( https://www.stratviewresearch.com/contact )
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sagarg889 · 1 year
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Biocomposites Market Assessment and Key Insights Analyzed from 2022 - 2032
Over the forecast period, the global biocomposites market is predicted to increase at an exponential rate of 16%. Valued at US$ 25 Bn in 2021, the biocomposites market is anticipated to reach US$ 128 Bn by 2032.
The increased research and development efforts for composite materials and biocomposite uses and benefits such as recyclability, lightweight, and cost-effectiveness are driving this trend. In addition, due to the harmful nature of synthetic materials, recycling challenges, and toxic residues, the biocomposites market size will continue to expand throughout the predicted timetable.
As per the biocomposites market report, Germany, the United States, and Japan are among the developed countries working on boosting the usage of ecologically friendly items rather than petroleum-based products.
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The European Union (EU) has favored such items over the United States and Japanese governments. It requires the use of bio-based materials, encourages the recyclability of vehicle components, and holds automakers accountable for disposal at the end of the vehicle’s service life. These laws are likely to boost demand for biocomposites in various end-use industries, including transportation, construction, and electrical and electronics.
The power necessary to make biocomposites is far lower than that critical to making glass fiber composites or carbon fiber composites. On the other hand, Biocomposites are more expensive than glass fiber composites. However, price reductions are prospects due to economies of scale and common biocomposites applications.
COVID-19 has had a detrimental impact on sales of biocomposites due to a drop in demand from numerous end-use sectors. Being one of the largest users of biocomposites, building and construction have seen the worst and most immediate effects of the epidemic. The building industry has been hit the worst. This has had a negative biocomposites market outlook.
Advancing at a CAGR of 16%, the biocomposites market size is expected to reach US$ 51 Bn by 2026.
Key Takeaways
The hybrid composites product section captured the largest market size in the global biocomposites market, owing to increased biocomposites applications around the world. Its substantial market share is credited with the optimum fiber adhesion that leads to decreased moisture content, high strength, and structural capacity.
As per the biocomposites adoption trends, they are predicted to be the dominant market in the Asia Pacific. Over the projected period, it is also anticipated to be the fastest regional market.
The requirement for synthetic polymer biocomposites had decreased in 2020 because of the COVID-19 pandemic. As global end-use industries found a stable footing by the fourth quarter of 2020, demand for biocomposites also showed signs of recovery.
The market for biocomposites is dominated by the building and construction industry.
Wood fiber composites have the biggest market share in volume in the global biocomposites industry.
“The need for biocomposites is increasing in the building and construction, transportation, consumer goods, and other end-use industries. However, as a result of COVID-19, sales in various industries have decreased, reducing demand for biocomposites.”—opines an FMI analyst.
Get more Information on this Report @ https://www.futuremarketinsights.com/reports/biocomposites-market
Competitive Landscape
To gain a foothold in the biocomposites market opportunities, the key companies in the industry are pursuing a variety of inorganic and organic techniques.
Biocomposites, an international medical device company that produces and manufactures leading products for bone and soft tissue infection management, announced today that its STMULAN products are, vancomycin, gentamycin, and tobramycin, have received new Canadian approval for the mixing of antibiotics with them.
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earaercircular · 2 years
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Real Innovations: 3 biobased building materials of the future
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Hempcrete is insulating and breathable. An ideal building material.
Which innovations are really going to make a difference and should we keep an eye on them? We ask experts in their field. This time: architect Daan Bruggink on biobased building materials of the future.
Anyone who says biobased construction refers to wood construction in the first place. [1] The sector is developing rapidly and is only expected to grow in size in the coming decades. But of course there are many more promising biobased materials in the proverbial starting blocks. Whether they all have a future is another matter, says Bruggink. “Mycelium, for example, is a promising material that fits perfectly into the story of biobased construction. But it has not yet been tried out, tested, certified, you name it. That is the essence for many biobased materials, when going through that entire process. It costs a lot of time and money and not every start-up has the means to perpetrate this.”[2]
Which biobased materials (apart from wood) are ready for rapid upscaling and the future? Bruggink selected three:
1. Agricultural (residual) material
Bruggink: “The biggest development I see at the moment is the use of agricultural crops. Think, for example, of wheat stalks, hemp and bulrush. They have very strong fibres; hemp, for example, was also used to make rope and sails. Agricultural crops have enormous potential as insulation material and can also be scaled up fairly quickly, I expect. It is produced, certified, put it in a wooden sleeve and you're done. Very short-sighted, of course, but that's basically what it ends up to. Which specific agricultural crops will win the race is difficult to predict. In an ideal world, per project one considcers the crops that are available and suitable.”
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Straw is a commonly used biobased product for construction (especially roofs for new construction). It is not only a residual product of livestock farming, but can also be grown, harvested and replanted specifically for the construction industry.
2. Hempcrete
“Some agricultural crops can also be combined very well with other materials. Hemp is a good example of this. When it is combined with lime, a biobased material is obtained that can be used for insulation, but one can also build with it. Think of it as a kind of biobased sand-lime brick. To actually build, wooden posts are currently still needed in between, to support the construction. But I expect that there is a lot of future in hemplime.”
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Hempcrete insulation
3. Biocomposite
“A third important trend is the emergence of biocomposite[3]. A company like Nabasco[4] is already showing the possibilities. They have facade panels in their product portfolio, made from reed clippings. But other natural fibres, such as flax and hemp, are also possible.
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Circular Matters launches new biocomposite sheet material
The question is: will it be possible to make a biocomposite that is 100 percent biobased? The products currently on the market are around 80 percent. But I expect it to be a matter of time before there are biocomposite panels on the market that are completely biobased.”[5]
Source
Hidde Middelweerd: Echte Innovaties: 3 biobased bouwmaterialen van de toekomst, in: Change Inc, 20-12-2022, https://www.change.inc/infra/echte-innovaties-3-biobased-bouwmaterialen-van-de-toekomst-39348
[1] Read also: https://at.tumblr.com/earaercircular/the-climate-helps-building/5cri1jglt8q4 & https://at.tumblr.com/earaercircular/new-technology-from-norway-ensures-that-we-dont/6tzs3iij57jr
[2] Read also: https://at.tumblr.com/earaercircular/mushrooms-to-insulate-houses/xwe12tc02hri
[3] A biocomposite is a composite material formed by a matrix (resin) and a reinforcement of natural fibres. Environmental concern and cost of synthetic fibres have led the foundation of using natural fibre as reinforcement in polymeric composites.
[4] Nabasco products realizes innovative and sustainable facades with its partner NPSP. Our facade systems are composed and produced customer-specifically. With Nabasco® Sign they introduce the most environmentally friendly and at the same time high-quality traffic sign that shows that top quality and sustainability go hand in hand. https://nabasco.nl/collections/all
[5] Read also: https://at.tumblr.com/earaercircular/new-technology-from-norway-ensures-that-we-dont/6tzs3iij57jr
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joneshenry · 2 years
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vynzresearchindia · 2 years
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Global Coding and Marking Systems Market Size, Share and Demand Forecast to 2030
The Global Coding and Marking Systems Market research report 2022-30 has been released with several updates and analysis of market trends, share, size, demand, growth, challenges, opportunities and pre and post COVID-19 impacts.
Key Highlights of the Global Coding and Marking Systems Market report
The projection period for this global market to grow is 2022-2030
The Global Coding and Marking Systems Market size is estimated to reach USD 8.8 billion by 2030.
The market is projected to grow at a 5.86% CAGR
Covid-19 analysis and its impact on the market
Industry ecosystem to competitive landscape’s curial role in growth role
Challenges and opportunities to get boost from recent developments and technology advancement
Request to get the sample copy of the research: https://www.vynzresearch.com/chemicals-materials/coding-and-marking-systems-market/request-sample
 
Market segment analysis
The Global Coding and Marking Systems Market is segmented into these categories for this analysis: Technology, End-User and Geography. This segmentation allows executives to plan their products and spending based on the expected growth rates of each area: -
By Technology (Continuous Inkjet, Thermal Ink Jet, Print & Apply Labelers, Thermal Transfer Overprinting, Laser Coding and Marking, Drop on Demand, and Valve Jet & Hot Melt Inkjet)
By End User (Food & Beverage, Automotive & Aerospace, Electrical & Electronics, Healthcare, Chemical, and Others)
By Region (North America, Europe, Asia-Pacific (APAC), Rest of the World (RoW))
For more insight: https://www.vynzresearch.com/chemicals-materials/coding-and-marking-systems-market
The Global Coding and Marking Systems Market’s competitive viewpoint
This research is an invaluable resource for investors, shareholders, industry planners, and new and existing businesses trying to broaden their reach in the current Market scenario. While focusing on top companies and their corporate strategies, market presence, operating segmentation, aggressive outlook, geographical expansion, pricing and value structures, the study painstakingly takes into account the market analysis. The major market players are: -
ATD Marking Systems
Danaher Corporation
Inkjet Inc.
ID Technology
Hitachi Ltd
Diagraph Group
Matthews International Corporation
Dover Corporation
Overprint Packaging Ltd.
Domino Printing Sciences plc.
 
​Reason to buy this report
The report is unbiased and it provides the deep insight of global market including competitive and geographical landscape.
The report enlightens the large patterns, causes, and impact factors globally and locally.
Insightful study drills-out the main players of the global market and, their sources of income, share of the market, and the current course of events.
It looks into significant developments such as extensions, agreements, new product launches, and acquisitions on the horizon.
Research the market's potential, preferred position, opportunity, difficulty, restrictions, and hazards on a global and regional level.
Request for your custom requirements: https://www.vynzresearch.com/chemicals-materials/coding-and-marking-systems-market/customize-report
Customized research report
Global market research company VynZ Research provides research, analytics, and consulting services for business plans. We offer clients specialized report services that take into account the main variables influencing the development of the worldwide Market. Feel free to call or drop your requirement to get the get customized research report. 
Explore more reports by VynZ Research
Global Antimicrobial Additives Market: https://www.vynzresearch.com/chemicals-materials/antimicrobial-additives-market
Global Polylactic Acid Market: https://www.vynzresearch.com/chemicals-materials/polylactic-acid-market
Global Naphthenic Base Oil Market: https://www.vynzresearch.com/chemicals-materials/naphthenic-base-oil-market
Global Biocomposites Market: https://www.vynzresearch.com/chemicals-materials/biocomposites-market
Global Gas Separation Membrane Market: https://www.vynzresearch.com/chemicals-materials/gas-separation-membrane-market
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imr1234 · 2 years
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Biocomposites Market Share, Size, Trends, Industry Analysis Report, By Fiber Type; Segment Forecast, 2022 - 2028
Global Biocomposites Market was valued at USD 27.54 Billion in 2021 and is expected to reach USD 68.07 Billion by the year 2028, at a CAGR of 13.8%.
Biocomposites are defined as degradable, renewable, non-abrasive, and non-toxic, with properties comparable to those of synthetic fiber composites. It is used in various fields with numerous applications. They are biocompatible and ecological composites. Biocomposites involve a wide variety of organic and inorganic components, including natural and synthetic polymers, sugars, polysaccharides, proteins, metals, ceramics, and nanocarbon. Biocomposites exist in numerous forms, such as films, membranes, beads, coatings, particles, fibers, and foams.
Growing consumer awareness of the importance of using bio-based products instead of environmentally hazardous, non-recyclable synthetic materials is driving the growth of the biocomposites market. The Global Biocomposites Market report provides a holistic assessment of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that play an important role in the market
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Biocomposites Market – Latest Research, Industry Analysis, Driver, Trends, Business Overview, Key Value, Demand And Forecast 2022 - 2032
The global Biocomposites Market is expected to increase at a robust CAGR of 16%, from US$ 25 Bn in 2021 to US$ 128 Bn in 2032. Over the forecast period, the global Biocomposites Market is predicted to increase at an exponential rate of 16%. Valued at US$ 25 Bn in 2021, the biocomposites market is anticipated to reach US$ 128 Bn by 2032. The increased research and development efforts for composite materials and biocomposite uses and benefits such as recyclability, lightweight, and cost-effectiveness are driving this trend. In addition, due to the harmful nature of synthetic materials, recycling challenges, and toxic residues, the biocomposites market size will continue to expand throughout the predicted timetable.
As per the biocomposites market report, Germany, the United States, and Japan are among the developed countries working on boosting the usage of ecologically friendly items rather than petroleum-based products.
The European Union (EU) has favoured such items over the United States and Japanese governments. It requires the use of bio-based materials, encourages the recyclability of vehicle components, and holds automakers accountable for disposal at the end of the vehicle’s service life. These laws are likely to boost demand for biocomposites in various end-use industries, including transportation, construction, and electrical and electronics.
The power necessary to make biocomposites is far lower than that critical to making glass fiber composites or carbon fiber composites. On the other hand, Biocomposites are more expensive than glass fiber composites. However, price reductions are prospects due to economies of scale and common biocomposites applications.
These biocomposites may be made inexpensively in developing countries like India and China using abundant raw materials, including flax, jute, Kenaf, and hemp. Therefore, the overall cost of natural fiber-based biocomposites will be reduced. In addition, the biocomposites market future trends indicate that as the technology matures and production reaches economies of scale, these biocomposites are likely to become less expensive in the long run.
MORE INFO@https://www.futuremarketinsights.com/reports/biocomposites-market
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reportwire · 2 years
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Global Biocomposites Market Report to 2027 - Rising Demand for Durable and Environmentally Friendly Manufacturing Materials is Driving Growth - ResearchAndMarkets.com
Global Biocomposites Market Report to 2027 – Rising Demand for Durable and Environmentally Friendly Manufacturing Materials is Driving Growth – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Biocomposites Market Size, Trends and Growth Opportunity, By Type, Process, Fiber Type, Product, End user, By Region and Forecast to 2027.” report has been added to ResearchAndMarkets.com’s offering. The Global Biocomposites Market was valued at US$24.3 billion in 2021 and it is expected to reach at US$80.2 billion in 2027 at a CAGR of 15.59% during forecast…
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