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The future of the bio-composites market in Hungary looks promising with opportunities in building and construction, automotive, industrial & consumer goods industries. Some of the products made with bio-composites are decking, railing fencing, cladding, door panels, and dashboard. The major growth drivers for this market are increasing demand for Wood Plastic Composites (WPC) in the construction industry due to its wood finish like appearance and durability, and growing use of Natural Fiber Composites (NFC) in automotive interiors due to its aesthetics and growing concern for passenger safety.
Emerging trends, which have a direct impact on the dynamics of the bio-composites industry, include the emergence of new applications, and government support to innovate and commercialize the use of bio-based composites.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this bio-composites market in Hungary report, download the report brochure.
Bio-Composites Market in Hungary by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Bio-Composites Market in Hungary:
2014-2025 (US $M) (Randomized Data)
The study includes the market size and forecast for the bio-composites market in Hungary by end use industry, process, resin, and fiber as follows:
Bio-Composites Market by End Use Industry [Volume (M lbs) and $M shipment analysis for 2014–2025]:
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Building and Construction
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Automotive
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Industrial and Consumer Goods
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Others
Wood Plastic Composites Market by End Use Industry [Volume (M lbs) and $M shipment analysis for 2014–2025]:
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Building and Construction
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Automotive
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Industrial and Consumer Goods
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Others
Wood Plastic Composites Market by Building & Construction Application [Volume (M lbs) and $M shipment analysis for 2014–2025]:
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Decking
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Fencing
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Railing
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Others
Natural Fiber Composites Market by End Use Industry [Volume (M lbs) and $M shipment analysis for 2014–2025]:
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Automotive
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Building and Construction
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Others
Bio-Composites Market by Process Type [Volume (M lbs) and $M shipment analysis for 2014–2025]:
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Extrusion
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Compression Molding
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Injection Molding
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Others
Bio-Composites Market by Resin Type [Volume (M lbs) and $M shipment analysis for 2014–2025]:
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Polyethylene
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Polypropylene
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Polyvinyl chloride
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Polylactide Acid
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Others
Bio-Composites Market by Fiber Type [Volume (M lbs) and $M shipment analysis for 2014–2025]:
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Wood Flour
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Flax
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Kenaf
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Hemp
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Jute
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Others
Lucintel forecasts that the largest end use industry will be building and construction, and it is also expected to witness the highest growth during the forecast period. Increasing demand for moisture resistance, low maintenance, non-toxic, and durable products are the major requirements driving growth for this segment over the forecast period.
By resin type, polyethylene resin based bio-composites is expected to remain the largest segment and witness the highest growth in the forecast period because of durability, near-zero moisture absorption, excellent chemical inertness, and ease of processing.
Some of the features of “Opportunities in the Bio-Composites Market 2014-2025: Trends, Forecast and Competitive Analysis” include:
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Market size estimates: Bio-composites market size estimation in terms of value ($M) and volume (M Lbs.) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by end use industry, process, resin, and fiber.
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Segmentation analysis: Bio-composites market size by vnd use industry (building and construction, automotive, industrial and consumer goods, and others), process (extrusion, compression molding, injection molding, and others), resin (polyethylene, polypropylene, polyvinyl chloride, polylactide acid and others), and fiber (wood flour, flax, kenaf, hemp, jute and others) in terms of value.
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Growth opportunities: Analysis on growth opportunities in different end use industry, process, resin, and fiber of bio-composites in the bio-composites market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 7 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the bio-composites market in Hungary by end use industry (building and construction, automotive, industrial and consumer goods, and others), process (extrusion, compression molding, injection molding, and others), resin (polyethylene, polypropylene, polyvinyl chloride, polylactide acid and others), and fiber (wood flour, flax, kenaf, hemp, jute and others)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the bio-composites market?
Q.4 What are the business risks and threats to the bio-composites market?
Q.5 What are emerging trends in this bio-composites market and the reasons behind them?
Q.6 What are some changing demands of customers in the bio-composites market?
Q.7 What are the new developments in the bio-composites market? Which companies are leading these developments?