Biocomposites Market Growth Drivers and Challenges: An In-Depth Analysis
“The Biocomposites Market is expected to grow from USD 29.5 billion in 2022 to USD 69.13 billion by 2028 at a CAGR of 15.00% during the forecast period”.
Asia-Pacific is expected to lead the biocomposites market, driven by construction growth, rising population, a strong automotive sector, and increasing disposable income, while North America and Europe will also offer significant opportunities.