Agreements and New Product Launches are the Key Development Strategies Adopted by the Leading Players in the Global Biocomposites Market
The biocomposites market was valued at USD 16.46 Billion in 2016 and is projected to reach USD 36.76 Billion by 2022, at a CAGR of 14.44% from 2017 to 2022. Browse 106 Market Data Tables and 40 Figures spread through 149 Pages and in-depth TOC on "Biocomposites Market by Fiber (Wood Fiber and Non-Wood Fiber), Polymer (Synthetic and Natural), Product (Hybrid and Green), End-Use Industry (Transportation, Building & Construction and Consumer Goods), and Region - Global Forecast to 2022" The use of biocomposites has become crucial in the building & construction and transportation end-use industries as they are light in weight, resistant to moisture, and biodegradable. The biocomposites market is projected to reach USD 36.76 Billion by 2022, growing at a CAGR of 14.44% from 2017 to 2022 Agreements and new product launches accounted for the major share of the developmental strategies adopted by the key players of the biocomposites market between...