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The wood-plastic composites market is forecasted to grow byUSD 6.17 billion during 2023-2028, accelerating at a CAGR of 13.41% during the forecast period. The report on the wood-plastic composites market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need for compliance with regulations, increasing infrastructure investments, and superior properties of WPCs over conventional wood.
The wood-plastic composites market is segmented as below:
By Product
- Polyethylene
- Polyvinyl chloride
- Polypropylene
- Others
By End-user
- Building and construction
- Automotive
- Industrial and consumer goods
- Others
By Geography
- North America
- APAC
- Europe
- Middle East and Africa
- South America
The report on the wood-plastic composites market covers the following areas:
- Wood-plastic composites market sizing
- Wood-plastic composites market forecast
- Wood-plastic composites market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global wood-plastic composites market: AIMPLAS, Axion Structural Innovations LLC, Beologic N.V., Cargill Inc., Compagnie de Saint Gobain, CRH Plc, Dow Chemical Co., Fkur Kunststoff GmbH, Fortune Brands Innovations Inc., Guangzhou Kindwood Co. Ltd., Hardy Smith Designs Pvt. Ltd., JELU WERK J. Ehrler GmbH and Co. KG, Meghmani Organics Ltd., PolyPlank AB, RENOLIT SE, Shanghai Seven Trust Industry Co. Ltd., The AZEK Co. Inc., Trex Co. Inc., TVL Engineers Pvt. Ltd., and UFP Industries Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing prices of hardwood."
According to the report, one of the major drivers for this market is the need for compliance with regulations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AIMPLAS
- Axion Structural Innovations LLC
- Beologic N.V.
- Cargill Inc.
- Compagnie de Saint Gobain
- CRH Plc
- Dow Chemical Co.
- Fkur Kunststoff GmbH
- Fortune Brands Innovations Inc.
- Guangzhou Kindwood Co. Ltd.
- Hardy Smith Designs Pvt. Ltd.
- JELU WERK J. Ehrler GmbH and Co. KG
- Meghmani Organics Ltd.
- PolyPlank AB
- RENOLIT SE
- Shanghai Seven Trust Industry Co. Ltd.
- The AZEK Co. Inc.
- Trex Co. Inc.
- TVL Engineers Pvt. Ltd.
- UFP Industries Inc.