유럽의 바이오 복합재료 시장 : 용도, 제품 유형, 재료 유형, 가공 기술, 국가별 분석과 예측(2023-2032년)

Introduction to Europe Bio-Composite Materials Market

The Europe bio-composite materials market (excluding U.K.) was valued at $1,893.0 million in 2023, and it is expected to grow at a CAGR of 14.79% and reach $6,548.6 million by 2032. The growth in the bio-composite materials market is expected to be driven by a combination of factors, predominantly propelled by increasing recognition and utilization of environmentally sustainable and decomposable materials across diverse sectors like automotive, construction, packaging, and consumer goods, among others.

Market Introduction

The Europe bio-composite materials market is witnessing substantial growth driven by a convergence of factors. Increasing environmental consciousness and stringent regulations promoting sustainable practices are fostering the adoption of bio-based and biodegradable materials across various industries in the region. The automotive sector is embracing bio-composites for lightweight and eco-friendly components, while the construction industry is incorporating these materials for sustainable building solutions. Additionally, the packaging and consumer goods sectors are recognizing the benefits of bio-composites in reducing carbon footprint and enhancing product sustainability. Government initiatives and supportive policies further bolster market expansion, encouraging research and development efforts and fostering innovation in bio-composite technologies. With Europe at the forefront of sustainable initiatives, the bio-composite materials market presents lucrative opportunities for manufacturers and stakeholders aiming to address environmental concerns and meet evolving consumer preferences.

Market Segmentation:

Segmentation 1: by Application

• Automotive
• Construction
• Aerospace
• Consumer Goods
• Packaging
• Electronics
• Renewable Energy
• Others

Segmentation 2: by Material Type

• Natural Fibers
• Wood Fibers
• Bio-Polymers
• Next-Generation Materials
• Recycled Materials
• Synthetic Polymers
• Others

Segmentation 3: by Product Type

• Green Composites
• Hybrid Composites

Segmentation 4: by Processing Technique

• Compression Molding
• Injection Molding
• Resin Transfer Molding
• Extrusion
• Others

Segmentation 5: by Country

• Germany
• France
• Italy
• Spain
• Rest-of-Europe

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader to understand the different types involved in the bio-composite materials market. Moreover, the study provides the reader with a detailed understanding of the bio-composite materials market based on the application (automotive, construction, aerospace, consumer goods, packaging, electronics, renewable energy, and others). The bio-composite materials market is gaining traction in applications on the back of sustainability concerns and their higher tensile strength and toughness, among others. Bio-composite materials are also being used for controlling greenhouse gas (GHG) emissions. Moreover, partnerships and collaborations are expected to play a crucial role in strengthening market position over the coming years, with the companies focusing on bolstering their technological capabilities and gaining a dominant market share in the bio-composite materials industry.

Growth/Marketing Strategy: The Europe bio-composite materials market has been growing at a rapid pace. The market offers enormous opportunities for existing and emerging market players. Some of the strategies covered in this segment are mergers and acquisitions, product launches, partnerships and collaborations, business expansions, and investments. The strategies preferred by companies to maintain and strengthen their market position primarily include partnerships, agreements, and collaborations.

Competitive Strategy: The key players in the Europe bio-composite materials market analyzed and profiled in the study include bio-composite materials suppliers that develop, maintain, and market bio-composite materials. Moreover, a detailed competitive benchmarking of the players operating in the bio-composite materials market has been done to help the reader understand the ways in which players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names in this market are:

• Bcomp Ltd.
• Meshlin Composites Zrt.
• Tecnaro GmbH
• UPM

Table of Contents

Executive Summary

Scope of the Study

1 Markets

• 1.1 Industry Outlook
  • 1.1.1 Trends: Current and Future
    • 1.1.1.1 Growing Utilization of Bio-Composite in the Packaging Industry
    • 1.1.1.2 Utilization of Lignocellulosic Biomass in Biofuel Production
  • 1.1.2 Supply Chain Analysis
  • 1.1.3 Comparison Analysis between Bio-Composite and Conventional Composite Materials
  • 1.1.4 Emerging Biomass Sources for Bio-Composite Materials
• 1.2 Business Dynamics
  • 1.2.1 Business Drivers
    • 1.2.1.1 Increasing Government Regulations Pertaining to the Utilization of Eco-Friendly Products
    • 1.2.1.2 Growing Demand for lightweight Materials across Various End-Use Industries
    • 1.2.1.3 Advancements in Manufacturing Processes and Rising Initiatives by Key Market Players
  • 1.2.2 Business Restraints
    • 1.2.2.1 Thermal Instability and Comparatively Low Strength as Compared to Conventional Composite Materials
    • 1.2.2.2 Elevated Production Costs Associated with Bio-Composites
    • 1.2.2.3 Availability of Low-Cost and High-Performing Alternatives
  • 1.2.3 Business Strategies
    • 1.2.3.1 Product and Market Development
  • 1.2.4 Corporate Strategies
    • 1.2.4.1 Mergers and Acquisitions, Partnerships, Collaborations, and Joint Ventures
  • 1.2.5 Business Opportunities
    • 1.2.5.1 Potential for Price Reduction through Economies of Scale
    • 1.2.5.2 Increasing Demand for Lightweight and Environment-Friendly Materials in the Automotive Sector in China
    • 1.2.5.3 Rising Trend of Sustainable Construction Practices Worldwide

2 Regions

• 2.1 Europe
  • 2.1.1 Market
    • 2.1.1.1 Business Drivers
    • 2.1.1.2 Business Challenges
  • 2.1.2 Application, Value and Volume Data
  • 2.1.3 Product, Value and Volume Data
    • 2.1.3.1 Material Type
    • 2.1.3.2 Product Type
    • 2.1.3.3 Processing Technique
  • 2.1.4 Europe (by Country)
    • 2.1.4.1 Germany
      • 2.1.4.1.1 Market
      • 2.1.4.1.2 Application, Value and Volume Data
      • 2.1.4.1.3 Product, Value and Volume Data
        • 2.1.4.1.3.1 Material Type
        • 2.1.4.1.3.2 Product Type
        • 2.1.4.1.3.3 Processing Technique
    • 2.1.4.2 France
      • 2.1.4.2.1 Market
      • 2.1.4.2.2 Application, Value and Volume Data
      • 2.1.4.2.3 Product, Value and Volume Data
        • 2.1.4.2.3.1 Material Type
        • 2.1.4.2.3.2 Product Type
        • 2.1.4.2.3.3 Processing Technique
    • 2.1.4.3 Italy
      • 2.1.4.3.1 Market
      • 2.1.4.3.2 Application, Value and Volume Data
      • 2.1.4.3.3 Product, Value and Volume Data
        • 2.1.4.3.3.1 Material Type
        • 2.1.4.3.3.2 Product Type
        • 2.1.4.3.3.3 Processing Technique
    • 2.1.4.4 Spain
      • 2.1.4.4.1 Market
      • 2.1.4.4.2 Application, Value and Volume Data
      • 2.1.4.4.3 Product, Value and Volume Data
        • 2.1.4.4.3.1 Material Type
        • 2.1.4.4.3.2 Product Type
        • 2.1.4.4.3.3 Processing Technique
    • 2.1.4.5 Rest-of-Europe
      • 2.1.4.5.1 Market
      • 2.1.4.5.2 Application, Value and Volume Data
      • 2.1.4.5.3 Product, Value and Volume Data
        • 2.1.4.5.3.1 Material Type
        • 2.1.4.5.3.2 Product Type
        • 2.1.4.5.3.3 Processing Technique
• 2.2 U.K.
  • 2.2.1 Market
    • 2.2.1.1 Business Drivers
    • 2.2.1.2 Business Challenges
  • 2.2.2 Application, Value and Volume Data
  • 2.2.3 Product, Value and Volume Data
    • 2.2.3.1 Material Type
    • 2.2.3.2 Product Type
    • 2.2.3.3 Processing Technique

3 Markets - Competitive Benchmarking & Company Profiles

• 3.1 Competitive Benchmarking
  • 3.1.1 Competitive Position Matrix
• 3.2 Company Profiles
  • 3.2.1 Bcomp Ltd.
    • 3.2.1.1 Overview
    • 3.2.1.2 Top Products / Product Portfolio
    • 3.2.1.3 Top Competitors
    • 3.2.1.4 Target Customers/End-Users
    • 3.2.1.5 Key Personnel
    • 3.2.1.6 Analyst View
    • 3.2.1.7 Market Share
  • 3.2.2 Meshlin Composites Zrt.
    • 3.2.2.1 Overview
    • 3.2.2.2 Top Products / Product Portfolio
    • 3.2.2.3 Top Competitors
    • 3.2.2.4 Target Customers/End-Users
    • 3.2.2.5 Key Personnel
    • 3.2.2.6 Analyst View
    • 3.2.2.7 Market Share
  • 3.2.3 Tecnaro GmbH
    • 3.2.3.1 Overview
    • 3.2.3.2 Top Products / Product Portfolio
    • 3.2.3.3 Top Competitors
    • 3.2.3.4 Target Customers/End-Users
    • 3.2.3.5 Key Personnel
    • 3.2.3.6 Analyst View
    • 3.2.3.7 Market Share
  • 3.2.4 UPM
    • 3.2.4.1 Overview
    • 3.2.4.2 Top Products / Product Portfolio
    • 3.2.4.3 Top Competitors
    • 3.2.4.4 Target Customers/End-Users
    • 3.2.4.5 Key Personnel
    • 3.2.4.6 Analyst View
    • 3.2.4.7 Market Share

4 Research Methodology

• 4.1 Primary Data Sources
• 4.2 BIS Data Sources
• 4.3 Assumptions and Limitations