How big is the bio composites market | Industry Demand & Trends

Q: What is the bio composites market size?

Bio composite Market was exhibited at USD 29.2 billion in 2024 and is projected to reach USD 70 billion by 2031.

Q: Where are bio composites used the most?

They are widely used in automotive components, building materials, decking, consumer products, and increasingly in electronics casings.

Q: How do bio composites compare to traditional composites?

While they may offer slightly lower mechanical strength, bio composites are lighter, biodegradable, and have better environmental profiles.

Q: What are the environmental benefits of bio composites?

They reduce carbon emissions, utilize renewable or recycled feedstocks, and often degrade naturally, supporting circular economy goals.

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Code: MTA4817

Publication Date: Jul 2025

What is the size of the Bio composites Market?

According to 6Wresearch internal database and industry insights, the Bio composite Market was exhibited at USD 29.2 billion in 2024 and is projected to reach USD 70 billion by 2031, growing at a CAGR of 11.9% during the forecast period 2025–2031.

Due to increasing demand for sustainable materials across automotive, construction, packaging, and consumer goods industries, the market is expected to expand.

Key Growth Factors of the Bio composite Market

Surging demand for lightweight and eco-friendly materials in transportation
Government regulations promoting biodegradable and renewable alternatives
Increasing use of agricultural waste and natural fibres in composites
Rising awareness about carbon footprint reduction and circular economy
Growing preference in construction and interiors for non-toxic, mould-resistant materials

Bio composites Market Trends

The market is moving forward with the strong shift towards natural fibre-reinforced polymers such as flax, hemp, kenaf, jute, and coir, used extensively in automotive dashboards, door panels, and furniture. Another trend is the growing demand of hybrid composites that combine bio-based and synthetic matrices to balance sustainability and strength. The investment is increasing in aesthetic, renewable alternatives for consumer electronics and packaging. 3D printing with bio composites and use of fungi- or algae-based binders are emerging as niche but high-potential applications. Green building certifications are further accelerating the integration of bio composites in structural and architectural components.

Emerging Developments in the Bio composites Market

Innovation is surging in the Bio composites market as the development of fully biodegradable composites is occurring, using PLA, PHA, and starch-based resins with agricultural fibre fillers. Startups and research labs are experimenting with lignin- and cellulose-reinforced composites to enhance thermal and mechanical performance. Due to policy driven adoption, Europe is leading the market, especially in automotive and construction sectors. Automotive OEMs are integrating natural fibre composites for sustainability credits and weight reduction, improving fuel efficiency and lifecycle performance.