Global Biocomposites Market to Reach USD 133.84 Billion by 2034, Growing at a 15.5% CAGR

The global biocomposites market is projected to grow at a strong CAGR of 15.5 %, increasing from USD 31.76 billion in 2024 to USD 133.84 billion by 2034. This robust growth is driven by extensive research and development in composite materials, alongside the advantages of biocomposites such as recyclability, lightweight properties, and cost-effectiveness. Additionally, concerns over …