Green Composites Segmentation
End Use Industry (Healthcare, Packaging, Aerospace & Defense, Construction, Automotive)
Green composites market from the construction segment is predicted to observe nearly 30% growth rate between 2025-2037. Green composites can be used in a variety of architectural applications such as walls, roofs, and floors. In addition, the demand for green composite materials in the construction industry is expected to grow in the coming years due to factors such as stricter environmental regulations, growing awareness of sustainability, and the need for energy-efficient buildings. Environmentally friendly composite materials are also used to retrofit and refurbish existing buildings as they help improve energy efficiency and reduce carbon footprint. For instance, a project in the Netherlands refurbished a historic building with green composite insulation panels, saving up to 70% of energy.
Fiber Type (Wood, Non-Wood Fibers)
The wood fiber segment in the green composites market is poised to hold the largest CAGR of 60% by the end of 2036. The use of wood fiber composites in various industries such as packaging, construction is estimated to boost the segment’s growth in the market. The use of wood fiber composites in the construction industry is increasing due to their advantages such as high strength, durability, and lightweight. Reducing vehicle weight with wood fiber composites can improve fuel efficiency and reduce carbon emissions.
Our in-depth analysis of the global green composites market includes the following segments:
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