NEW YORK - May 21, 2021 - The growing requirement for fuel-efficient automobiles that meet government standards such as the European Union (EU) mandate for limiting the emission of CO2 to 95g/km by 2020 and the CAFÉ standards of 54.5 mpg by 2025) is pushing up the demand for biocomposites across the world. These materials are lightweight and massively reduce the reliance on various non-renewable resources such as the conventionally used petroleum-based polymeric plastics that are fossil-fuel materials.

Additionally, the usage of these composites leads to huge cost and energy savings for automobile manufacturing companies. Because of this reason, several automakers such as Ford Motor Co. are making huge investments in bio-based composites research and development (R&D) projects. This is boosting the popularity of bio-based composites, which is, in turn, driving the progress of the global biocomposites market (https://www.psmarketresearch.com/market-analysis/biocomposites-market). Wood-plastic composites (WPCs) and natural fiber composites (NFCs) are the main two types of biocomposites used around the world.

Between the NFCs and the WPCs, the sales of the NFCs are predicted to rise rapidly in the forthcoming years. This will be because the natural fibers have greater density, toughness, cost-effectiveness, tensile strength, biodegradability, and recyclability than the conventionally used reinforcing fibers such as glass fibers. Automotive, construction, aerospace, consumer goods, medical, and packaging are the major application areas of biocomposites. Amongst these, the usage of biocomposites was found to be the highest in construction applications in the past.

Besides the aforementioned factors, the high requirement for materials that are resistant to chemicals and corrosion in the pipe and tank and construction industries and high flame-retardant materials in the electrical and electronics industry also contributed toward the ballooning demand for biocomposites in the APAC region in the past years. Due to rapid industrialization and the expansion of the automotive industry, the sales of biocomposites will rise sharply in APAC in the coming years.

Hence, it can be said with certainty that the demand for biocomposites will surge all over the world in the coming years, mainly because of their growing usage in the automotive, electrical and electronics, and construction industries.

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Vijay Kumar