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Report Highlights
The global market for wood-plastic composites (WPCs) is expected to grow from $4.7 billion in 2024 to $6.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.
Report Includes
- 74 data tables and 52 additional tables
- An overview of the current and future global market for wood-plastic composites (WPCs) and technologies
- An analysis of the global market trends with market revenue data from 2023, estimates for 2024, forecasts for 2028, and projected CAGRs through 2029
- Estimates of the size and revenue prospects of the global market, along with a market share analysis by product type, end-use industry and region
- Facts and figures pertaining to market dynamics, technological advances, regulations, and the impact of macroeconomic factors
- An analysis of patents, emerging trends and other developments in the industry
- Analysis of the industry structure, including companies’ market shares and rankings, strategic alliances, M&A activity and a venture funding outlook
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies
- Profiles of the leading companies, including MoistureShield, The AZEK Co. Inc., UFP Industries Inc., Trex Co. Inc., and UPM
Report Scope
The report will include details about product types and end-use industries for WPCs. Estimated values are based on manufacturers’ total revenues. Projected revenue values are in constant U.S. dollars, unadjusted for inflation. The report also contains comprehensive information regarding WPCs and their users.
The global WPC market is segmented into the following categories:
- Product type (polyethylene, polypropylene, polyvinyl chloride, and others).
- End use (building and construction, transportation, furniture, industrial, consumer goods, and others).
- Region (North America, Europe, Asia-Pacific, South America, and Middle East and Africa).
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||||
| Base year market size | $4.5 Billion | ||||||||||||||||
| Market size forecast | $6.9 Billion | ||||||||||||||||
| Growth rate | CAGR of 8.1% from 2024 to 2029 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | By Product Type, End-Use Industry, and Region | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, South America, and Middle East and Africa (MEA) | ||||||||||||||||
| Countries covered | U.S., Canada, Mexico, Brazil, Germany, France, U.K., Japan, China, and India | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Growing demand for eco-friendly composites.
- Higher durability of WPC in outdoor applications.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global market for wood-plastic composites (WPCs), cellulosic plastics, plastic lumber and natural fiber composites was valued at 2.8 million metric tons in 2013. This market is expected to increase from nearly 3.1 million metric tons in 2014 to 5.6 million metric tons in 2019, at a compound annual growth rate (CAGR) of 12.7% for the five-year period, 2014 to 2019.
Report Highlights
The global market for applications of wood-plastic composites (WPCs), cellulosic plastics, plastic lumber and natural fiber composites is estimated at about 2.4 million metric tons in 2011. By 2016, it is estimated at nearly 4.6 million metric tons and rising at a robust compound annual growth rate (CAGR) of 13.8%.
Report Highlights
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The North American market for wood- and natural-fiber plastic composites and plastic lumber is estimated at 2.2 billion pounds and, rising at an AAGR (average annual growth rate) of 9.5%, is expected to reach about 3.6 billion pound by 2009.
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Accepted by consumers for decking, the larger wood-plastic composite (WPC) segment will show excellent growth (9.8% AAGR).
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The more mature plastic lumber market will continue to grow well, with its leading outlet being fencing.
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Interior automotive products is the major application for natural fiber composites. These will rise at an AAGR of 9.9% through 2009.
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PVC and polyethylenes (mostly HDPE) are the dominant resins used.
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