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How Bio-based Composites Are Transforming Industries Worldwide

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BCC Research Study Forecasts a 7.4% CAGR, with Market Growth from $5.9 Billion in 2023 to $9.0 Billion by 2029, Driven by Increased Demand for Sustainable and Eco-friendly Materials Across Industries

BOSTON, Oct. 15, 2024 /PRNewswire/ — This Market focuses on creating eco-friendly materials from natural sources like plants. These materials are used in industries like automotive and construction as a sustainable alternative to traditional plastics and metals, and their demand is growing as the world looks for greener solutions.

“According to the latest BCC research study, the demand for Global Bio-based Composite Material Market is expected to grow to increase from $5.9 billion in 2023 and is projected to reach $9.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.4% during the forecast period of 2024 to 2029.”

This report looks at different kinds of bio-based composite materials, focusing on the types of composites, resins, and fibers used, along with the industries that use them. The estimated values in the report are based on the total sales of manufacturers and are presented in U.S. dollars without adjusting for inflation.

Breaking Down the Market

To make it easier to understand, we’ve divided the global market into five key segments:

Material Types: two main categories – wood fiber and non-wood fiber composites.Fiber Types: Explore the different fibers used, including wood, hemp, flax, and more.Resin Types: Learn about the various resins used, such as polyethylene, polypropylene, and polyvinyl chloride.End Uses: Discover how bio-based composites are used in industries like building and construction, transportation, and consumer goods.Regions: examined the market across four main regions – North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

What to Expect

In this report, you’ll find:

Estimated values based on manufacturers’ total revenuesProjected revenue values in constant US dollars (not adjusted for inflation)Comprehensive information on bio-based composite materials and their applications

Some Interesting Facts about Global Bio-based Composite Material Market

The Power of Bio-Based Composite Materials

1.  Stay Warm, Save Energy

Bio-based composite materials are amazing at keeping warmth in and cold out, making them perfect for building and construction projects that need to be energy-efficient. This means they can help reduce heating costs and minimize environmental impact.

2.   Customizable and Versatile

One of the best things about bio-based composite materials is that they can be tailored to meet specific needs. With advanced manufacturing techniques and flexible natural fibers, these materials can be adapted to suit various industries and applications.

3.   Technology Takes Them to the Next Level

New processing methods like electrospinning and microwave-assisted fabrication have significantly improved the quality and functionality of bio-composite materials. These technological advancements are driving the market forward, enabling the creation of innovative products and applications that were previously impossible.

To discover more insights and information about Global Bio-based Composite Material Market, click here for further exploration.

Factors contributing to this growth include:

1.  Greenfield Projects and Investment in Infrastructure.: Greenfield projects involve building new structures on undeveloped land, like a factory or road, where nothing existed before. Investment in infrastructure means funding the creation or improvement of essential facilities, like roads or power grids, that support everyday life and economic growth. Together, these efforts help create modern, efficient systems that drive development and improve communities.

2.  Technological Advances in Bio-based Composite Materials.: Technological advances in bio-based composite materials involve new methods and tools that make these eco-friendly materials stronger, more durable, and more versatile. Innovations like improved manufacturing techniques and advanced processing methods have enhanced the quality and performance of these materials, making them suitable for a wider range of uses, from construction to consumer products. These developments are helping to push the market for bio-based composites forward, offering more sustainable alternatives to traditional materials.

3.  Growing End-use Applications.: means that bio-based composite materials are being used in more and more products and industries. For example, they’re increasingly found in things like car parts, building materials, and consumer goods. As these materials become more popular due to their eco-friendly properties, different industries are discovering new ways to use them, which drives demand and expands their applications even further.

Request a Sample Copy of the Global Bio-based Composite Material Market

Report Synopsis 

Report Metrics

Details

Base year considered

2023

Forecast Period considered

2024-2029

Base year market size

$5.9 billion

Market Size Forecast

$9.0 billion

Growth Rate

CAGR of 7.4% for the forecast period of 2024-2029

Segment Covered

Type, Resin Type, Fiber Type, End User

Regions covered

North America, Europe, Asia-Pacific, Rest of the World

Countries covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Portugal, Sweden, Hungary, Romania, Japan, China, India, Thailand, Indonesia, Singapore, Malaysia, Vietnam, Brazil, Argentina, Middle East and Africa

Key Market Drivers

•  Greenfield Projects and Investment in Infrastructure

•  Technological Advances in Bio-based Composite Materials

•  Growing End-use Applications

 

This report on global bio-based composite material market provides comprehensive insights and analysis, addressing the following key questions:

1     What is the projected market size and growth rate of the market?

In terms of value, the global bio-based composite material market is projected to grow from $5.9 billion in 2023 to $9.0 billion in 2029 at a compound annual growth rate (CAGR) of 7.4% during the forecast period.

2  What are the key factors driving the growth of the market?

The key factors driving the growth of the bio-based composite material market include:

•  Technological advancements in bio-composite materials

•  Growing end-use applications

3  What segments are covered in the market?

The bio-based composite material market is segmented based on types, fiber types, resin types, and end-use. By type, it is segmented into two major segments: wood fiber and non-wood fiber. In terms of fiber types, it is segmented into four major segments: wood fiber, hemp, flax, and others. By resin type, it is segmented into four major segments: polyethylene, polypropylene, polyvinyl chloride, and others. End-use industries are segmented into five major segments: building and construction, transportation, industrial, consumer goods, and others.

4  By end-use, which segment will dominate the market by the end of 2029?

The building and construction segment will dominate by the end of 2029.

5  Which region has the highest market share in the market?

North America holds the highest share of the market. The growing demand for lightweight vehicles and the rise in green infrastructure projects further create a massive demand in the North American region. Simultaneously, the strict norms on carbon emissions and waste generation further drive the global bio-based composite materials market in the North American region.

Some of the Key Market Players Are:

•  FIBERON

•  FLEXFORM TECHNOLOGIES

•  GREEN DOT BIOPLASTICS

•  HUANGSHAN HUASU NEW MATERIAL SCIENCE & TECHNOLOGY CO. LTD.

•  JELU-WERK J. EHRLER GMBH & CO. KG

•  MESHLIN COMPOSITES ZRT.

•  NORSKE SKOG

•  PROCOTEX

•  TECNARO GMBH

•  THE AZEK CO. INC.

•  TREX CO. INC.

•  TTS

•  UFP INDUSTRIES INC.

•  UPM

Browse for more related reports:

Sustainable Plastic Packaging: Global Markets:refers to the growing demand and market for eco-friendly packaging made from materials that are better for the environment. This includes plastics that are biodegradable, recyclable, or made from renewable resources. As consumers and companies become more aware of environmental issues, the market for sustainable packaging is expanding worldwide, with more businesses investing in greener alternatives to traditional plastic packaging.

Global Bio-based Leather Market: is about the growing use of eco-friendly alternatives to traditional leather, which are made from natural, renewable materials like plant fibers or fungi. This market is expanding as consumers and manufacturers seek more sustainable options that reduce environmental impact compared to conventional leather, which often involves harmful chemicals and processes. Bio-based leather provides a greener choice for products like clothing, accessories, and upholstery.

Directly Purchase a copy of the report with BCC Research.

For further information or to make a purchase, please get in touch with info@bccresearch.com.

About BCC Research

BCC Research provides objective, unbiased measurement and assessment of market opportunities with detailed market research reports. Our experienced industry analysts’ goal is to help you make informed business decisions, free of noise and hype.

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Email: info@bccresearch.com,

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For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library.

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.

 

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Tesla Owns Nearly 1 in 5 AI Answers About EVs. New 5W Index Ranks the Top 25 EV Brands by AI Citation Share.

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EV charging networks — Electrify America, EVgo, ChargePoint — are nearly invisible inside AI answers despite operating the infrastructure the entire category depends on.

MIAMI, July 25, 2026 /PRNewswire/ — 5W AI Communications, the AI Communications Firm, today released the 5W AI Visibility Index — EV, ranking the top 25 EV brands by modeled AI citation share across ChatGPT, Claude, Perplexity, Gemini, and Google AI Overviews. Tesla anchors the category at 18.4% — more than the next three brands combined. Rivian is second at 8.2%. Ford is third at 6.4%.

The Index is Volume 07 in 5W’s 2026 Consumer AI Visibility Index series. The full report is available at https://www.5wpr.com/research/ev-ai-visibility-index/.

More than a third of U.S. consumers now begin product research with an AI engine — not Google. For the EV category — where purchase consideration windows stretch six to twelve months and buyers cross-reference range, charging, ownership cost, and long-term reliability across dozens of sources — the answers the engines return are shaping the shortlist before a buyer walks into a dealership.

The Findings

Tesla dominates at 18.4% citation share — cited on virtually every consumer EV query across all five engines. Brand, product, and CEO overlap produce a citation profile no peer can match.Rivian (8.2%) is the dominant adventure-EV authority. The R1T and R1S anchor truck and SUV electric citation.Ford (6.4%) leads legacy automakers. The F-150 Lightning owns EV-truck queries; the Mach-E anchors EV-SUV comparisons.Lucid (4.8%) and Hyundai Ioniq (4.4%) complete the Tier 1 leaders. The Ioniq 5 and Ioniq 6 over-index against U.S. brand recognition.GM sits at #6 with 3.8% — despite scale — because Bolt, Lyriq, and Hummer EV are cited separately rather than as one GM-EV narrative. Ford consolidated its story. GM did not.Toyota (#17) and Honda (#18) are the two largest legacy automakers furthest behind in EV citation. The bZ4X, Solterra, and Prologue cite at rates far below what brand recognition would predict.EV charging networks are absent from the top 25. Electrify America, EVgo, and ChargePoint operate the infrastructure the entire category depends on — and have not built consumer-facing brand citation to match. The category is open.

“Every EV buyer starts inside a chatbox now. Tesla owns nearly one in five answers. The next three brands combined don’t match it. That’s a citation moat measured in AI — not TV budgets, not showroom count,” said Ronn Torossian, Founder and Chairman, 5W AI Communications. “GM is bigger than Rivian by every commercial metric and half its size in the answer. That gap costs sales. The charging networks are the biggest miss in the category — whoever builds the dominant ‘where should I charge’ answer anchors a multi-decade growth curve. Right now, none of them own it.”

The Five Engines Do Not Return Identical Answers

ChatGPT: Tesla, Rivian, Lucid, Ford, Hyundai dominate. Conservative and brand-anchored.Claude: Recurrent and CleanTechnica over-index. Data-source preference. Lighter on enthusiast brands.Perplexity: Reddit EV subreddits dominant. Out of Spec YouTube data heavily cited. Freshness-favored.Google AI Overviews: Tesla, InsideEVs, Edmunds, Kelley Blue Book dominate. Closest to a SERP-mirror.Gemini: YouTube EV creators dominate — Out of Spec, Munro Live, MKBHD at the highest rates.

Engine-aware strategy matters. A brand absent from one engine but present in another needs a different program than a brand absent across the board.

Methodology
Modeled directional estimates derived from publicly available data, observed retrieval patterns, structural signals, and the corresponding Everything-PR Citation Share Study — EV (Issue No. 07). Twenty-five brands, five engines, sixty-plus consumer-prompt query patterns. Not the output of logged query runs across millions of prompts. Intended as a strategic framework — not a definitive search-engine measurement.

The dominant outlets shaping EV citation are InsideEVs, Electrek, Recurrent, Edmunds EV, Car and Driver EV, CleanTechnica, and the Reddit-and-YouTube creator layer. Brand citation share is built primarily through presence inside that specific outlet set — and through Recurrent battery-data partnership for used-EV citation.

About 5W AI Communications
5W is the AI Communications Firm, building brand authority across the platforms where decisions now happen — ChatGPT, Claude, Perplexity, Gemini, and Google AI Overviews — alongside earned media, digital, and influencer channels. 5W combines public relations, digital marketing, Generative Engine Optimization (GEO), and proprietary AI visibility research to help clients measure and grow their presence in AI-driven buyer research. Founded in 2003, 5W is recognized as a Top U.S. PR Agency by O’Dwyer’s, named Agency of the Year in the American Business Awards®, honored as a 2026 Top Place to Work in Communications by Ragan, and named to Digiday’s WorkLife Employer of the Year list. 5W serves clients across B2C sectors — Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, and Nonprofit — and B2B specialties including Corporate Communications, Reputation Management, Public Affairs, Crisis Communications, and Digital Marketing across Social, Influencer, Paid Media, GEO, and SEO. Learn more at 5wpr.com.

Media Contact
press@5wpr.com

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SOURCE 5W Public Relations

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TECNO Unveiled as Title Sponsor of The SAFF Championship Bangladesh 2026, Bringing AI Innovation to South Asian Football

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As Official Title Sponsor, TECNO joins hands with SAFF to inspire the next generation through football, innovation, and meaningful fan experiences.

DHAKA, Bangladesh, July 25, 2026 /PRNewswire/ — TECNO, an AI-driven innovative technology brand, officially announced its title sponsorship of the SAFF Championship Bangladesh 2026, South Asia’s premier international football tournament, during the tournament’s official launch ceremony in Dhaka.

Scheduled to take place from 4–17 November 2026, the championship will bring together South Asia’s leading national teams, celebrating the region’s passion for football while strengthening friendship, sporting excellence, and regional unity.

The partnership marks another milestone in TECNO’s global football journey while reinforcing the brand’s long-term commitment to South Asia—one of its most important strategic markets. Guided by its brand spirit, “Stop At Nothing,” TECNO believes football embodies the same values that define the brand: ambition, resilience, innovation, and the courage to pursue every dream.

A New Chapter for South Asian Football

The title sponsorship was officially announced during the SAFF Championship Bangladesh 2026 Official Launch Press Conference held in Dhaka. The event brought together representatives from the South Asian Football Federation (SAFF), the Bangladesh Football Federation (BFF), TECNO’s global and Bangladesh leadership teams, SAFF Member Associations, national team representatives, members of the diplomatic community, media, and digital creators to celebrate the official launch of the championship and TECNO’s role as its Title Sponsor.

Mr. Purushottam Kattel, General Secretary of SAFF, said: “The SAFF Championship represents the highest stage of football in South Asia, bringing together our Member Associations through competition, friendship, and a shared passion for the game. Today, as we unveil the identity of the SAFF Championship Bangladesh 2026, we are delighted to welcome TECNO as our Title Sponsor. This partnership reflects a shared commitment to elevating football across the region, and together we look forward to delivering a championship that inspires millions of supporters and creates lasting memories for South Asian football.”

Following the official logo unveiling ceremony, SAFF and TECNO exchanged the Title Sponsorship Agreement, formally launching their collaboration for the SAFF Championship Bangladesh 2026 and reaffirming their shared commitment to delivering an outstanding football experience for fans across South Asia.

A Shared Vision for Football

Delivering a recorded message during the ceremony, Guo Lei, General Manager of TECNO, reaffirmed the brand’s belief that football is a powerful platform for inspiring young people, connecting communities, and bringing innovation closer to fans.

“South Asia is home to one of the world’s youngest and most passionate football communities. Football has the unique power to bring people together beyond borders and cultures. We are proud to continue TECNO’s football journey through the SAFF Championship Bangladesh 2026 and look forward to working with SAFF to create unforgettable experiences for millions of football fans across the region.”

Speaking on behalf of TECNO Bangladesh, Rezwanul Hoque, CEO of Ismartu Technology BD Limited, said: “Football has become an important part of TECNO’s global journey because it reflects the values we believe in: passion, resilience, and the courage to dream bigger. Following our partnership with the Bangladesh Football Federation during the AFC Asian Cup Qualifiers, we are honoured to continue that journey as the Title Sponsor of the SAFF Championship Bangladesh 2026. Guided by our brand spirit, ‘Stop At Nothing,’ we look forward to working with SAFF and BFF to create a championship that inspires players, unites communities, and leaves a lasting legacy for football across South Asia.”

Welcoming the championship to Bangladesh, Mr. Fahad Karim, Vice President of the Bangladesh Football Federation (BFF), highlighted Bangladesh’s role as the host nation and officially marked the beginning of the journey toward the championship this November.

“Hosting the SAFF Championship 2026 is a proud moment for Bangladesh and an important milestone for football in our country. Today marks the beginning of our journey toward November, and we look forward to welcoming our fellow South Asian nations to Bangladesh for a championship that celebrates football, friendship, and regional unity. We are delighted to welcome TECNO as the Title Sponsor, and together with SAFF, our Member Associations, and our partners, we look forward to making this a memorable tournament for players, supporters, and the entire South Asian football community.”

TECNO’s Global Football Journey Continues

Football has been at the heart of TECNO’s global brand journey for nearly a decade. Through partnerships with Manchester City Football Club, the CAF Africa Cup of Nations, and the AFC Club Competitions, TECNO has consistently used football as a platform to inspire young people, connect communities, and celebrate the power of sport.

In Bangladesh, TECNO strengthened that commitment through its title sponsorship of the AFC Asian Cup Qualifiers in partnership with the Bangladesh Football Federation. The overwhelming passion shown by Bangladeshi supporters reaffirmed the country’s vibrant football culture and inspired TECNO to deepen its engagement with the sport.

The SAFF Championship Bangladesh 2026 represents the next chapter in TECNO’s football journey, reinforcing the brand’s commitment to South Asia and its rapidly growing community of young football fans.

Growing Together with Bangladesh

Bangladesh continues to be one of TECNO’s most important strategic markets. Alongside its growing smartphone business, the brand is expanding its AI ecosystem and strengthening long-term investments in retail, innovation, and local partnerships—reflecting its confidence in the country’s digital future and youthful consumer base.

Beyond technology, TECNO remains committed to empowering the next generation by supporting platforms that encourage ambition, creativity, and meaningful human connection.

Football Meets AI Innovation

Throughout the championship, TECNO plans to showcase AI-powered experiences designed to bring fans closer to the game. Powered by Ella, TECNO’s AI assistant, these experiences are intended to demonstrate how intelligent technology can enrich football engagement through interactive match information, smarter fan interactions, and immersive digital experiences.

By combining the emotional power of football with accessible AI innovation, TECNO and SAFF share a common vision of inspiring young people, strengthening communities, and creating richer experiences for football fans across South Asia.

As the countdown to November 2026 begins, TECNO, SAFF, and the Bangladesh Football Federation share a common ambition—to deliver a championship that celebrates the passion of South Asian football while inspiring the next generation through innovation, partnership, and the enduring spirit of “Stop At Nothing.”

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Tony Jaa Becomes GAC’s 30-Millionth Customer – GAC Wins Global Trust with “True Craftsmanship”

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GUANGZHOU, China, July 25, 2026 /PRNewswire/ — On July 16, at the roll-off ceremony for GAC’s 30-millionth vehicle, Feng Xingya, Chairman of GAC Group, handed over the key to the right-hand-drive GAC M8 PHEV (named GN8 overseas) to Tony Jaa. The milestone vehicle is headed straight for overseas markets.

Thai action superstar Tony Jaa’s choice reflects the trust of 30 million customers worldwide. That trust is built not on showmanship, but on GAC’s solid manufacturing “true craftsmanship.”

From Guangzhou to the world, there are no shortcuts – quality speaks for itself. While the industry runs standard “three-high” tests, GAC pushes further with “five-high, one-mountain, one-dust” extreme vehicle trials. New models undergo at least “two winters and one summer” of validation – a minimum 18 months of real-world road testing, covering 12 major categories and over 1,500 sub-items across wind tunnel labs and proving grounds.

For each overseas market, GAC conducts additional adaptive testing for local climate and road conditions – from Middle Eastern desert heat to Southeast Asia’s humidity and heavy rains.

Quality consistency starts at the smart manufacturing front. GAC’s AION Intelligent Eco-Plant is the world’s first “Lighthouse Factory” for new energy vehicles, featuring full-process digital quality monitoring. Automated robots with AI vision systems deliver millisecond response and millimeter-level precision – ensuring uniform quality whether vehicles roll off lines in Guangzhou or overseas plants.

Safety comes first. GAC’s magazine battery has been deployed in 1.5 million vehicles, accumulating over 160 billion kilometers of safe driving. The Starlink Safety Protection System serves nearly 2 million users, preventing 6.28 million potential incidents.

With this commitment to quality and safety, GAC has established a presence in 110 countries and won the trust of 30 million users. Standing at this new milestone, GAC will continue to refine its craftsmanship and deliver worry-free, high-quality mobility experiences to every customer worldwide.

For further information about GAC, please visit: https://www.gacgroup.com/en or follow us on social media.

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