Market Overview

Global Wood Plastic Composites (WPC) Market Outlook to 2023: Analysis by Plastic Material, Application and Geography - ResearchAndMarkets.com

Share:

The "Global
Wood Plastic Composites (WPC) Market - Segmented by Plastic Material,
Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)"

report has been added to ResearchAndMarkets.com's
offering.

The wood plastic composite (WPC) market is expected to register a
moderately high growth rate during the forecast period, 2018-2023.

Growing Use of Recyclable Materials in Automotive Production
to Drive the Market

Automotive manufacturers are focusing on switching to recyclable or
biodegradable parts and go for lightweight materials. This has increased
the demand for wood plastic composites in the automotive industry.

WPCs are primarily used in automobiles for storage (trims in trunks,
shelves for spare tires, etc.), interior door trims, etc. Furthermore,
they are often used to replace metal or fiberglass components in
automotive components.

With automotive production growing through the years, primarily in
Asia-Pacific and Europe an region, the consumption of WPCs too will rise
in the automotive industry through the forecast period.

According to analysis, automotive parts application is estimated to be
the fastest growing segment through the forecast period, while building
& construction is expected to dominate the global market owing to the
vast application of wood plastic composite in decking.

Key Highlights

  • Polyethylene (PE) - The Majorly Used Plastic Material in the Industry
  • North America - The Dominating Regional Wood Plastic Composites (WPC)
    Market

Notable Developments in the Market

  • April 2018: Cali Bamboo, added a premier composite decking line,
    TruOrganics, to its outdoor product repertoire with all-new rail and
    post systems and fresh decking colors
  • December 2017: CertainTeed Corp. launched a national rollout for a
    polyurethane composite siding

Key Topics Covered

1. Introduction

2. Executive Summary of Wood Plastic Composites Market

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Wood Plastic Composites Market - Regional Analysis

7. Competitive Landscape of the Market

8. Company Profiles of the Market

  • Advanced Environmental Recycling Technologies Inc. (AERT)
  • Axion International Inc.
  • AZEK Building Products (Timbertech)
  • Beologic N.V.
  • Certainteed Corporation
  • Fiberon LLC
  • FKuR Kunststoff GmbH
  • Polymera Inc.
  • Polyplank AB
  • Timbertech Ltd.
  • Trex Company Inc.
  • Universal Forest Products Inc.

For more information about this report visit https://www.researchandmarkets.com/research/g774fl/global_wood?w=4

View Comments and Join the Discussion!