Wood Plastic Composites Market

Wood Plastic Composites Market: Global Industry Analysis and Opportunity Assessment 2016-2026

  • Ongoing
  • July 2020
  • REP-GB-1372
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Wood Plastic Composites Market
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This Wood Plastic Composites market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Wood Plastic Composites market.

Wood plastic composites are the combination of wood fibers and synthetic resin. Synthetic resins are thermoplastics mainly polypropylene, polyethylene or Polyvinyl Chloride. Wood is in form of sawdust or wood flours. Wood fibers are recycled Pines. Wood Plastic Composites possess dual properties of wood and plastic. On mixing a woods flours magnifies the mechanical properties and thermal properties as compared to solid thermoplastics. Wood plastic composites are manufactured by vigorous mixing of wood flours with heated thermoplastic resins. Process is followed by extrusion where mixtures are converted into desired product. Additives such as foaming agents, colorants, lubricants, and stabilizers to magnify the end product to the target area of application. Wood Plastic Composites are new class of composite materials that are becoming mainstream by technology and development. Wood Plastic Composites are becoming favored materials in building and constructions, furniture and infrastructure applications. 

Global Wood Plastic Composites Market: Drivers & Restraints

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

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Simultaneously changing prices of primary and secondary petrochemicals along with the environmental issues related to greenhouse gases and carbon emissions promoting the Bio based products. Some Government authorities authorized the certification of Environment friendliness to Wood Plastic Composites. So strategies towards bio based products will be major driving factors for the Wood Plastic composites market. The growth in construction and automotive industries with execution of strict environmental policies is anticipated to drive Global Wood Composites market. Increasing investments in research and development activities for product developments in consumer products, pellets is anticipated to drive Wood Plastic Market.

Industrial logging of forests exploding the habitats of plant and animal species, which is destroying biodiversity and food chain. Hardwoods are getting exploit due to logging activities. So Wood Plastic composites are substitute for hardwood. Wood Plastic composites are emerging as Sustainable Products.   

Global Wood Plastic Composites Market: Market Segmentation

Global Wood Plastic Composites Market: Regional-Outlook

The global Wood Plastic Composite market has been divided into seven key geographical regions which includes, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. Asia Pacific will dominate the Wood Plastic composites market. Growth of construction industries in developing economies like India and China will drive the wood plastic composites market. Increasing use of wood plastic composites in infrastructure development will boost the wood plastic composites market. Asia Pacific is followed by North America. Increasing use of Wood Plastic Based decking will be major driving factor for the market in this region. Western Europe is anticipated to grow wood plastic composite market due to growth of automotive industries in Italy, Germany, France and UK. Infrastructure developments and Construction activities in Middle East and Africa will support the wood plastic composites market to grow.

Global Wood Plastic Composites Market: Key players

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

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  • Get Deep-Dive Analysis on Each Segment
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Wood Plastic market can be segmented on the basis of Composite Type

  • Polyethylene based Wood Plastic Composites
  • Polypropylene based Wood Plastic Composites
  • Poly Vinyl Chloride based Wood Plastic Composites
  • Others(Styrene Ethylene Butylene Styrene based, Polystyrene based, Polyester based, Thermoplastic Elastomers based Wood Plastic Composites  )

Wood Plastic Composites Market on the basis of Application

  • Building and Construction
    • Decking and Boardwalks
    • Claddings
    • Window profiles and Door profiles
    • Exterior Building trim(soffits, bargeboards)
    • Interior Building trim(doors, skirting boards)
  • Automotive
    • Panels and Trim
  • Furniture
    • Outdoor Furniture
    • Indoor Furniture
    • Bathroom and Kitchen Cabinets
  • Infrastructure
    • Landscaping Timber
    • Garden Structures
    • Others(Consumer Goods- Toys, Combs, Trays, Shoe Soles)

Some of the identified players in the Wood Plastic Composites Market are,

  • CPG International
  • Advanced Environmental Recycling Technologies
  • Fiberon LLC
  • Beologic
  • Polymera Inc.
  • Fineko
  • Guangzhou Kindwood Co. Ltd
  • JELU-WERK J. Ehrler GmbH & Co. KG
  • RENOLIT
  • Perth Wood Plastic Composite Company Ltd
  • American Wood Fibers Inc
  • Universal Forest Products Inc
  • CertainTeed Corporation.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint
Frequently Asked Questions

What research methodology is used to develop the Wood Plastic Composites Market report?
  • FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
  • These approaches include accumulating data from both primary and secondary sources
  • Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Wood Plastic Composites Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
  • Analysis of several middle market stakeholders for country-wise data

In addition to up-to-date market figures and customized of the Wood Plastic Composites Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.

  • Most of the competitors are segregated according to their market share in 'Tier' wise statures.
  • Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.
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Harish Tiwari

Harish Tiwari

Global Head - Business Development

Akshay Godge

Akshay Godge

Client Partner - Global Business Development

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