The global Green Composites market size is predicted to grow from US$ 12780 million in 2025 to US$ 22250 million in 2031; it is expected to grow at a CAGR of 9.7% from 2025 to 2031.
A composite is defined as a multiphase material and composition of material differing in composition, which remain bonded together, but retain their identities and properties, without going to any chemical reaction. Composite is engineered to meet specific application, performance and specific needs.
Green composites, also known as bio composites or eco-composites, are composite materials made from renewable resources such as natural fibers and bio-based resins.
Green composite combines plant fibers with natural/biodegradable/bio-based resins to create natural composite materials. Biomaterial composites are made from hemp, kenaf, sisal, soybean, etc. Natural fibers are emerging as low cost, lightweight and apparently environmentally superior alternative to synthetic fibers.
The resins and fibers used in the green composites are biodegradable, when they dumped, decomposed by the action of microorganisms. They are converted into the form of H2O and CO2. These H2O and CO2 are absorbed into the plant systems.
Global key players of Green Composites include Trex Company, The AZEK Company, Fiberon, Avient, Oldcastle Architectural, Anhui Sentai WPC Group, UPM Biocomposites, Tecnaro GmbH, TTS Inc, FlexForm Technologies, Procotex Corporation, Polyvlies Group, Bcomp, etc. The top 5 leaders account for about 24% revenue market share. North America is the largest market, has a share about 46%, followed by China and Europe, with share 26% and 20%, separately. The Green Composites is classified into Wood Fibers and Non-Wood Fibers. Wood Fibers accounted for a share of 69% in the global Green Composites market. In terms of application, Building and Construction has a share about 56 percent.
Future development trends
High performance:
Green composite materials will continue to develop towards higher performance to meet more stringent application requirements. By improving the preparation process and optimizing the material formula, the mechanical properties, heat resistance, corrosion resistance, etc. of composite materials can be improved.
Environmental protection:
The production process of green composite materials will pay more attention to environmental protection and sustainability. Environmentally friendly raw materials and production processes are used to reduce energy consumption and pollution in the production process and improve resource utilization efficiency.
Intelligent:
Introduce intelligent manufacturing technology to improve the production efficiency and product quality of green composite materials. Customized production and remote monitoring functions are realized to meet the personalized needs of customers.
Diversified applications:
The application areas of green composite materials will continue to expand, covering more industries and fields. Applications in emerging fields such as new energy and environmental protection equipment will become a new growth point in the green composite material market.
LP Information, Inc. (LPI) ' newest research report, the “Green Composites Industry Forecast” looks at past sales and reviews total world Green Composites sales in 2024, providing a comprehensive analysis by region and market sector of projected Green Composites sales for 2025 through 2031. With Green Composites sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Green Composites industry.
This Insight Report provides a comprehensive analysis of the global Green Composites landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Green Composites portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Green Composites market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Green Composites and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Green Composites.
This report presents a comprehensive overview, market shares, and growth opportunities of Green Composites market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Wood Fibers
Non-Wood Fibers
Segmentation by Application:
Building and Construction
Automotive
Sports and Leisure
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Trex Company
The AZEK Company
Fiberon
Avient
Oldcastle Architectural
Anhui Sentai WPC Group
UPM Biocomposites
Tecnaro GmbH
TTS Inc
FlexForm Technologies
Procotex Corporation
Polyvlies Group
Bcomp
UFP Technologies
Key Questions Addressed in this Report
What is the 10-year outlook for the global Green Composites market?
What factors are driving Green Composites market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Green Composites market opportunities vary by end market size?
How does Green Composites break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
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