The bio-composites market size worldwide had a value of some 7.7 billion U.S. dollars in 2021. It is forecast that the bio-composites market size will increase with a compound annual growth rate (CAGR) of 3.4 percent from 2021 to 2027. The expected market size in 2027 is some 9.5 billion U.S. dollars.
Bio-composites market size worldwide in 2016 and 2021, with a forecast for 2027
(in billion U.S. dollars)
Characteristic
Market size in billion USD
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Lucintel. (August 30, 2022). Bio-composites market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1343081/global-bio-composites-market-size/
Lucintel. "Bio-composites market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars)." Chart. August 30, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1343081/global-bio-composites-market-size/
Lucintel. (2022). Bio-composites market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1343081/global-bio-composites-market-size/
Lucintel. "Bio-composites Market Size Worldwide in 2016 and 2021, with a Forecast for 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Aug 2022, https://www.statista.com/statistics/1343081/global-bio-composites-market-size/
Lucintel, Bio-composites market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1343081/global-bio-composites-market-size/ (last visited August 25, 2024)
Bio-composites market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars) [Graph], Lucintel, August 30, 2022. [Online]. Available: https://www.statista.com/statistics/1343081/global-bio-composites-market-size/