Wood Plastic Composite (WPC) Market size is projected to reach US$ 11.06 Bn. by end of 2029, at a CAGR of 9.35%. Wood-plastic composites are manufactured by combining natural wood products like bamboo, pulp, bark etc. with thermoplastics or polymers.The wood-plastic composites market size is growing rapidly, thanks to applications like decking and railing. The main key drivers for wood plastic composites acceptance is the enhanced performance and appearance attributes over existing products like treated wood decking. Additionally, the wood plastic composites material industry is expected to witness significant growth during the forecast period because of the fluctuations in the petrochemical prices and increased environmental concerns.To know about the Research Methodology :- Request Free Sample Report The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. Despite the several superior features of wood-plastic-composite, there are also some of the characteristics, which can hinder the usage of WPC in the automotive interiors where the surface texture requirements are high. Additionally, the rise in demand for consistently metering and compelling the low bulk density wood fiber into the processing equipment, escaping thermal degradation of the wood fiber during processing, and eliminating moisture with resin dryers are some of the factors, which are expected to limit the growth in the global wood plastic composites market.
Wood Plastic Composites Market Segment Analysis:
The polypropylene segment is expected to grow at a xx% rate of CAGR during the forecast period. The demand for polypropylene is expected to increase during the forecast period because of its increased usage in niche applications like water-resistant coatings on furniture and high temperature controllable wooden units. It also offers excellent protection against moisture, vapors along with chemical resistance, which is expected to increase the demand for polypropylene. Stringent regulations on the usage of chemicals in building materials for residential decking and the demand for ‘green’ building materials have to contribute an extensive acceptance of wood plastic composites material by builders and homeowners. The building and construction segment is expected to share US$ xx Mn share in the global wood plastic composites market. An increase in the infrastructural development activities in the emerging countries and demand for aesthetically appealing flooring and furniture solutions across the globe are expected to increase the demand for the global wood plastic composites market. Additionally, the rise in the demand for recyclable and biodegradable materials for manufacturing components with its features like superior mechanical strength, weight reduction, and enhanced fuel efficiency characteristics are expected to boost the market growth in the global wood plastic composites market. Region-wise, the Asia Pacific region is projected to be a leading region in the global wood plastic composites market. The dominant position in the market can be attributed to the rapid development of the construction and automotive industry and manufacturing industries across the globe. An increase in the demand from the emerging countries like South Korea, India, and China and the availability of the raw material for the production of the wood plastic composites are expected to propel the growth in the global market.Wood Plastic Composites Market Competitive Landscape:
Wood processing and plastic key players are focusing on the production of the wood plastic composite product due to the similar manufacturing technology and low-cost feature. An increase in the production of the musical instruments, which includes flutes, clarinets, and guitars and application scope of wood plastic composites for the various consumer goods products like toys, pencils, cups, lipsticks, and high-class packaging is expected to boost a positive impact on the wood plastic composites market growth.Wood Plastic Composites Market Objective:
The objective of the report is to present a comprehensive analysis of Global Wood Plastic Composites Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Wood Plastic Composites Market dynamics, structure by analysing the market segments and project the Global Wood Plastic Composites Market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Wood Plastic Composites Market make the report investor’s guide.Wood Plastic Composites Market Scope: Inquire before buying
Wood Plastic Composites Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 5.41 Bn. Forecast Period 2022 to 2029 CAGR: 9.35% Market Size in 2029: US $ 11.06 Bn. Segments Covered: by Type • Polyethylene • Polyvinylchloride • Polypropylene • Other by Application • Building and Construction Products • Automotive Components • Industrial & Consumer Goods • Others Wood Plastic Composites Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Wood Plastic Composites Market, Key Players are:
• Tamko Building Products, Inc. • Axion International, Inc. • Beologic N.V. • Certainteed • Trex Company, Inc. • The AZEK Company • Advanced Environmental Recycling Technologies, Inc. • Universal Forest Products, Inc. • Fiberon, LLC • Timbertech • Fkur Kunststoff GmbH • Josef Ehrler GmbH & Co. Kg • Polymera, Inc. • Polyplank AB • Crane Plastics • CPG International LLC. • Findock International Inc. • Guangzhou Kindwood Co. Ltd. • North Wood Plastics Inc. • OnSpec Composites Inc. • Plygem Holdings Inc. Frequently Asked Questions: 1. Which region has the largest share in Global Wood Plastic Composites Market? Ans: Asia Pacific region holds the highest share in 2021. 2. What is the growth rate of Global Wood Plastic Composites Market? Ans: The Global Wood Plastic Composites Market is growing at a CAGR of 9.35% during forecasting period 2022-2029. 3. What is scope of the Global Wood Plastic Composites market report? Ans: Global Wood Plastic Composites Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Wood Plastic Composites market? Ans: The important key players in the Global Wood Plastic Composites Market are – Tamko Building Products, Inc., Axion International, Inc., Beologic N.V., Certainteed, Trex Company, Inc., The AZEK Company, Advanced Environmental Recycling Technologies, Inc., Universal Forest Products, Inc., Fiberon, LLC, Timbertech, Fkur Kunststoff GmbH, Josef Ehrler GmbH & Co. Kg, Polymera, Inc., Polyplank AB, Crane Plastics, CPG International LLC., Findock International Inc., Guangzhou Kindwood Co. Ltd., North Wood Plastics Inc., OnSpec Composites Inc., and Plygem Holdings Inc. 5. What is the study period of this market? Ans: The Global Wood Plastic Composites Market is studied from 2021 to 2029.
Global Wood Plastic Composites Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Wood Plastic Composites Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Wood Plastic Composites Market Analysis and Forecast 6.1. Wood Plastic Composites Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Wood Plastic Composites Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Wood Plastic Composites Market Value Share Analysis, by Type 7.4. Wood Plastic Composites Market Size (US$ Bn) Forecast, by Type 7.5. Wood Plastic Composites Market Analysis, by Type 7.6. Wood Plastic Composites Market Attractiveness Analysis, by Type 8. Global Wood Plastic Composites Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Wood Plastic Composites Market Value Share Analysis, by Application 8.4. Wood Plastic Composites Market Size (US$ Bn) Forecast, by Application 8.5. Wood Plastic Composites Market Analysis, by Application 8.6. Wood Plastic Composites Market Attractiveness Analysis, by Application 9. Global Wood Plastic Composites Market Analysis, by Region 9.1. Wood Plastic Composites Market Value Share Analysis, by Region 9.2. Wood Plastic Composites Market Size (US$ Bn) Forecast, by Region 9.3. Wood Plastic Composites Market Attractiveness Analysis, by Region 10. North America Wood Plastic Composites Market Analysis 10.1. Key Findings 10.2. North America Wood Plastic Composites Market Overview 10.3. North America Wood Plastic Composites Market Value Share Analysis, by Type 10.4. North America Wood Plastic Composites Market Forecast, by Type 10.4.1. Polyethylene 10.4.2. Polyvinylchloride 10.4.3. Polypropylene 10.4.4. Other 10.5. North America Wood Plastic Composites Market Value Share Analysis, by Application 10.6. North America Wood Plastic Composites Market Forecast, by Application 10.6.1. Building and Construction Products 10.6.2. Automotive Components 10.6.3. Industrial & Consumer Goods 10.6.4. Others 10.7. North America Wood Plastic Composites Market Value Share Analysis, by Country 10.8. North America Wood Plastic Composites Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Wood Plastic Composites Market Analysis, by Country 10.10. U.S. Wood Plastic Composites Market Forecast, by Type 10.10.1. Polyethylene 10.10.2. Polyvinylchloride 10.10.3. Polypropylene 10.10.4. Other 10.11. U.S. Wood Plastic Composites Market Forecast, by Application 10.11.1. Building and Construction Products 10.11.2. Automotive Components 10.11.3. Industrial & Consumer Goods 10.11.4. Others 10.12. Canada Wood Plastic Composites Market Forecast, by Type 10.12.1. Polyethylene 10.12.2. Polyvinylchloride 10.12.3. Polypropylene 10.12.4. Other 10.13. Canada Wood Plastic Composites Market Forecast, by Application 10.13.1. Building and Construction Products 10.13.2. Automotive Components 10.13.3. Industrial & Consumer Goods 10.13.4. Others 10.14. North America Wood Plastic Composites Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Wood Plastic Composites Market Analysis 11.1. Key Findings 11.2. Europe Wood Plastic Composites Market Overview 11.3. Europe Wood Plastic Composites Market Value Share Analysis, by Type 11.4. Europe Wood Plastic Composites Market Forecast, by Type 11.4.1. Polyethylene 11.4.2. Polyvinylchloride 11.4.3. Polypropylene 11.4.4. Other 11.5. Europe Wood Plastic Composites Market Value Share Analysis, by Application 11.6. Europe Wood Plastic Composites Market Forecast, by Application 11.6.1. Building and Construction Products 11.6.2. Automotive Components 11.6.3. Industrial & Consumer Goods 11.6.4. Others 11.7. Europe Wood Plastic Composites Market Value Share Analysis, by Country 11.8. Europe Wood Plastic Composites Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Wood Plastic Composites Market Analysis, by Country 11.10. Germany Wood Plastic Composites Market Forecast, by Type 11.10.1. Polyethylene 11.10.2. Polyvinylchloride 11.10.3. Polypropylene 11.10.4. Other 11.11. Germany Wood Plastic Composites Market Forecast, by Application 11.11.1. Building and Construction Products 11.11.2. Automotive Components 11.11.3. Industrial & Consumer Goods 11.11.4. Others 11.12. U.K. Wood Plastic Composites Market Forecast, by Type 11.12.1. Polyethylene 11.12.2. Polyvinylchloride 11.12.3. Polypropylene 11.12.4. Other 11.13. U.K. Wood Plastic Composites Market Forecast, by Application 11.13.1. Building and Construction Products 11.13.2. Automotive Components 11.13.3. Industrial & Consumer Goods 11.13.4. Others 11.14. France Wood Plastic Composites Market Forecast, by Type 11.14.1. Polyethylene 11.14.2. Polyvinylchloride 11.14.3. Polypropylene 11.14.4. Other 11.15. France Wood Plastic Composites Market Forecast, by Application 11.15.1. Building and Construction Products 11.15.2. Automotive Components 11.15.3. Industrial & Consumer Goods 11.15.4. Others 11.16. Italy Wood Plastic Composites Market Forecast, by Type 11.16.1. Polyethylene 11.16.2. Polyvinylchloride 11.16.3. Polypropylene 11.16.4. Other 11.17. Italy Wood Plastic Composites Market Forecast, by Application 11.17.1. Building and Construction Products 11.17.2. Automotive Components 11.17.3. Industrial & Consumer Goods 11.17.4. Others 11.18. Spain Wood Plastic Composites Market Forecast, by Type 11.18.1. Polyethylene 11.18.2. Polyvinylchloride 11.18.3. Polypropylene 11.18.4. Other 11.19. Spain Wood Plastic Composites Market Forecast, by Application 11.19.1. Building and Construction Products 11.19.2. Automotive Components 11.19.3. Industrial & Consumer Goods 11.19.4. Others 11.20. Rest of Europe Wood Plastic Composites Market Forecast, by Type 11.20.1. Polyethylene 11.20.2. Polyvinylchloride 11.20.3. Polypropylene 11.20.4. Other 11.21. Rest of Europe Wood Plastic Composites Market Forecast, by Application 11.21.1. Building and Construction Products 11.21.2. Automotive Components 11.21.3. Industrial & Consumer Goods 11.21.4. Others 11.22. Europe Wood Plastic Composites Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Wood Plastic Composites Market Analysis 12.1. Key Findings 12.2. Asia Pacific Wood Plastic Composites Market Overview 12.3. Asia Pacific Wood Plastic Composites Market Value Share Analysis, by Type 12.4. Asia Pacific Wood Plastic Composites Market Forecast, by Type 12.4.1. Polyethylene 12.4.2. Polyvinylchloride 12.4.3. Polypropylene 12.4.4. Other 12.5. Asia Pacific Wood Plastic Composites Market Value Share Analysis, by Application 12.6. Asia Pacific Wood Plastic Composites Market Forecast, by Application 12.6.1. Building and Construction Products 12.6.2. Automotive Components 12.6.3. Industrial & Consumer Goods 12.6.4. Others 12.7. Asia Pacific Wood Plastic Composites Market Value Share Analysis, by Country 12.8. Asia Pacific Wood Plastic Composites Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Wood Plastic Composites Market Analysis, by Country 12.10. China Wood Plastic Composites Market Forecast, by Type 12.10.1. Polyethylene 12.10.2. Polyvinylchloride 12.10.3. Polypropylene 12.10.4. Other 12.11. China Wood Plastic Composites Market Forecast, by Application 12.11.1. Building and Construction Products 12.11.2. Automotive Components 12.11.3. Industrial & Consumer Goods 12.11.4. Others 12.12. India Wood Plastic Composites Market Forecast, by Type 12.12.1. Polyethylene 12.12.2. Polyvinylchloride 12.12.3. Polypropylene 12.12.4. Other 12.13. India Wood Plastic Composites Market Forecast, by Application 12.13.1. Building and Construction Products 12.13.2. Automotive Components 12.13.3. Industrial & Consumer Goods 12.13.4. Others 12.14. Japan Wood Plastic Composites Market Forecast, by Type 12.14.1. Polyethylene 12.14.2. Polyvinylchloride 12.14.3. Polypropylene 12.14.4. Other 12.15. Japan Wood Plastic Composites Market Forecast, by Application 12.15.1. Building and Construction Products 12.15.2. Automotive Components 12.15.3. Industrial & Consumer Goods 12.15.4. Others 12.16. ASEAN Wood Plastic Composites Market Forecast, by Type 12.16.1. Polyethylene 12.16.2. Polyvinylchloride 12.16.3. Polypropylene 12.16.4. Other 12.17. ASEAN Wood Plastic Composites Market Forecast, by Application 12.17.1. Building and Construction Products 12.17.2. Automotive Components 12.17.3. Industrial & Consumer Goods 12.17.4. Others 12.18. Rest of Asia Pacific Wood Plastic Composites Market Forecast, by Type 12.18.1. Polyethylene 12.18.2. Polyvinylchloride 12.18.3. Polypropylene 12.18.4. Other 12.19. Rest of Asia Pacific Wood Plastic Composites Market Forecast, by Application 12.19.1. Building and Construction Products 12.19.2. Automotive Components 12.19.3. Industrial & Consumer Goods 12.19.4. Others 12.20. Asia Pacific Wood Plastic Composites Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Wood Plastic Composites Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Wood Plastic Composites Market Overview 13.3. Middle East & Africa Wood Plastic Composites Market Value Share Analysis, by Type 13.4. Middle East & Africa Wood Plastic Composites Market Forecast, by Type 13.4.1. Polyethylene 13.4.2. Polyvinylchloride 13.4.3. Polypropylene 13.4.4. Other 13.5. Middle East & Africa Wood Plastic Composites Market Value Share Analysis, by Application 13.6. Middle East & Africa Wood Plastic Composites Market Forecast, by Application 13.6.1. Building and Construction Products 13.6.2. Automotive Components 13.6.3. Industrial & Consumer Goods 13.6.4. Others 13.7. Middle East & Africa Wood Plastic Composites Market Value Share Analysis, by Country 13.8. Middle East & Africa Wood Plastic Composites Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Wood Plastic Composites Market Analysis, by Country 13.10. GCC Wood Plastic Composites Market Forecast, by Type 13.10.1. Polyethylene 13.10.2. Polyvinylchloride 13.10.3. Polypropylene 13.10.4. Other 13.11. GCC Wood Plastic Composites Market Forecast, by Application 13.11.1. Building and Construction Products 13.11.2. Automotive Components 13.11.3. Industrial & Consumer Goods 13.11.4. Others 13.12. South Africa Wood Plastic Composites Market Forecast, by Type 13.12.1. Polyethylene 13.12.2. Polyvinylchloride 13.12.3. Polypropylene 13.12.4. Other 13.13. South Africa Wood Plastic Composites Market Forecast, by Application 13.13.1. Building and Construction Products 13.13.2. Automotive Components 13.13.3. Industrial & Consumer Goods 13.13.4. Others 13.14. Rest of Middle East & Africa Wood Plastic Composites Market Forecast, by Type 13.14.1. Polyethylene 13.14.2. Polyvinylchloride 13.14.3. Polypropylene 13.14.4. Other 13.15. Rest of Middle East & Africa Wood Plastic Composites Market Forecast, by Application 13.15.1. Building and Construction Products 13.15.2. Automotive Components 13.15.3. Industrial & Consumer Goods 13.15.4. Others 13.16. Middle East & Africa Wood Plastic Composites Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Wood Plastic Composites Market Analysis 14.1. Key Findings 14.2. South America Wood Plastic Composites Market Overview 14.3. South America Wood Plastic Composites Market Value Share Analysis, by Type 14.4. South America Wood Plastic Composites Market Forecast, by Type 14.4.1. Polyethylene 14.4.2. Polyvinylchloride 14.4.3. Polypropylene 14.4.4. Other 14.5. South America Wood Plastic Composites Market Value Share Analysis, by Application 14.6. South America Wood Plastic Composites Market Forecast, by Application 14.6.1. Building and Construction Products 14.6.2. Automotive Components 14.6.3. Industrial & Consumer Goods 14.6.4. Others 14.7. South America Wood Plastic Composites Market Value Share Analysis, by Country 14.8. South America Wood Plastic Composites Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Wood Plastic Composites Market Analysis, by Country 14.10. Brazil Wood Plastic Composites Market Forecast, by Type 14.10.1. Polyethylene 14.10.2. Polyvinylchloride 14.10.3. Polypropylene 14.10.4. Other 14.11. Brazil Wood Plastic Composites Market Forecast, by Application 14.11.1. Building and Construction Products 14.11.2. Automotive Components 14.11.3. Industrial & Consumer Goods 14.11.4. Others 14.12. Mexico Wood Plastic Composites Market Forecast, by Type 14.12.1. Polyethylene 14.12.2. Polyvinylchloride 14.12.3. Polypropylene 14.12.4. Other 14.13. Mexico Wood Plastic Composites Market Forecast, by Application 14.13.1. Building and Construction Products 14.13.2. Automotive Components 14.13.3. Industrial & Consumer Goods 14.13.4. Others 14.14. Rest of South America Wood Plastic Composites Market Forecast, by Type 14.14.1. Polyethylene 14.14.2. Polyvinylchloride 14.14.3. Polypropylene 14.14.4. Other 14.15. Rest of South America Wood Plastic Composites Market Forecast, by Application 14.15.1. Building and Construction Products 14.15.2. Automotive Components 14.15.3. Industrial & Consumer Goods 14.15.4. Others 14.16. South America Wood Plastic Composites Market Attractiveness Analysis 14.16.1. By Type 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Vehicles 15.2.3.2. M&A Key Players, Forward Integration and Backward 15.2.3.3. Integration 15.3. Company Profiles: Key Players 15.3.1. Tamko Building Products, Inc. 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. Axion International, Inc. 15.3.3. Beologic N.V. 15.3.4. Certainteed 15.3.5. Trex Company, Inc. 15.3.6. The AZEK Company 15.3.7. Advanced Environmental Recycling Technologies, Inc. 15.3.8. Universal Forest Products, Inc. 15.3.9. Fiberon, LLC 15.3.10. Timbertech 15.3.11. Fkur Kunststoff GmbH 15.3.12. Josef Ehrler GmbH & Co. Kg 15.3.13. Polymera, Inc. 15.3.14. Polyplank AB 15.3.15. Crane Plastics 15.3.16. CPG International LLC. 15.3.17. Findock International Inc. 15.3.18. Guangzhou Kindwood Co. Ltd. 15.3.19. North Wood Plastics Inc. 15.3.20. OnSpec Composites Inc. 15.3.21. Plygem Holdings Inc. 16. Primary Key Insights