Biocomposite Materials - Overview the biocomposite market
1. What are Biocomposite materials?
Biocomposite materials are a type of composite material that is composed of a polymer matrix and reinforcing fibers derived from renewable or natural resources
These materials combine the desirable properties of both the polymer matrix and the reinforcing fibers to create a versatile and sustainable material. The polymer matrix can be derived from renewable resources and non-renewable resources, while the reinforcing fibers are often sourced from natural fibers like hemp, flax, or wood.
Biocomposite materials offer environmental benefits, reduced fossil fuel dependence, and potential biodegradability. They are a promising alternative to traditional composites in industries like automotive, construction, packaging, and consumer goods
2. Recent market trends in Biocomposite materials
Source: Precedence Research
According to Precedence Research, Biocomposite has gained a high popularity compared to glass fiber due to its health issues in using products. As the report table above shows, the biocomposite market has expanded in recent years due to the demand for sustainable materials for the manufacturing industry.
The biocomposite market across the world was valued at USD 36.1 billion in 2023 and it is expected to reach a peak at USD 123.61 billion by 2030. The growth rate from 2022 to 2030 is expected to be 19.22% in the period from 2022 - 2030.
In conclusion, The report showcases the encouraging growth of the biomaterials industry, representing a significant advancement in the global adoption of environmentally sustainable materials.
3. Why has the Biocomposite Materials Market Become Highly Developed?
Apart from the reasons mentioned earlier, are there any additional factors contributing to the growing interest and application of biocomposites? Here are the motivation
Global regulations
In recent years, numerous countries worldwide have implemented regulations advocating for the use of eco-friendly materials across various industries, including construction. European countries and Japan have been at the forefront of this movement, recognizing the significant environmental hazards posed by single-use plastics. As a result, they have implemented bans to curb their usage.
- January 1, 2023, New Zealand expanded its single-use plastic ban to encompass a range of utensils like cups, stirrers, and more
- The European Union (EU) has enforced a ban on ten single-use products and introduced additional legislation concerning recycling.
- Starting from April 2022, the Japanese government has mandated businesses to decrease the use of 12 types of single-use plastic products.
Environmental Awareness
Growing concerns about environmental sustainability have propelled the demand for eco-friendly materials. Biocomposite materials offer significant advantages in terms of reduced carbon footprint, decreased reliance on fossil fuels, and potential biodegradability. This has attracted attention from industries and consumers alike, driving the development of the market.
Availability of raw materials
The availability of raw materials to make up biocomposite materials enables the production of biocomposites on a larger scale, making them viable for a broader range of applications and sizes.This availability not only supports the growth of the biocomposite materials market but also contributes to a more sustainable and environmentally conscious approach to manufacturing.
4. Examples of Biocomposite Materials - AirX carbon
AirX stands at the forefront of Vietnam's biomaterials industry, specializing in the production of biocomposite materials. As a trusted name in the field, we take pride in providing our customers with a diverse selection of high-quality biocomposite materials at competitive prices.
Explore our offerings below for more information:
Sugarcane Biocomposite material
Rice Biocomposite material
Coffee grounds biocomposite material
This is our highlight product that proudly serves numerous enterprises and Non-governmental organizations such as Paula Choice, Uniqlo, DTC, Italian Embassy,.…
Our process and materials are ensured to be closely monitored, which adapts to the needs of qualified finished products of our customers. Our bio-based materials offer the same functions as conventional plastics, but their environmentally friendly characteristics make them an ideal choice for partners, and businesses looking for sustainable development.
AirX Bio-Composite possesses a remarkable advantage as they undergo decomposition within 12 months of use. Subsequently, they are collected and brought back to the factory for mechanical recycling, where they are shredded and recycled into a completely new product. This approach contributes to promoting the product's life cycle and establishes a closed-loop system for its utilization.
>>> Learn more about our special advantages of Coffee grounds biocomposite material
Contact us
AirX is the world’s first carbon-negative bio-material made from coffee grounds manufacturer.
We specialize in producing bio-based composites using recycled carbohydrates derived from by-products such as coffee grounds, coconut husk, husk, and bamboo. Our goal is to promote sustainability through the use of eco-friendly materials.
We are always here to help and provide the best service possible. If you have any questions or would like to receive advice and feedback directly from our sales staff, please do not hesitate to contact us. You can reach us through:
- Whatsapp: +84 969 742 950
- Email: hi@aircarbon.com
We look forward to hearing from you!