Global wood-plastic composites market was valued at USD 3.3 billion in 2014, and is expected to reach USD 6.0 billion in 2020, growing at a CAGR 10.5% by 2020
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Wood plastic composites market will grow at a cagr of 10.5% between 2015 and 2020, globally
1. Published By: Zion Research
Wood-Plastic Composites (Polyethylene, Polypropylene, Polyvinyl Chloride,
and Others) Market for Building & Construction, Automotive, Electrical, and
Other Applications: Global Industry Perspective, Comprehensive Analysis
and Forecast, 2014 - 2020
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2. Wood-Plastic Composites Market
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Zion Research has published a new report titled “Wood-Plastic Composites (Polyethylene,
Polypropylene, Polyvinyl Chloride, and Others) Market for Building & Construction, Automotive, Electrical,
and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 -
2020.” According to the report, global demand for wood-plastic composites was valued at USD 3.3 billion
in 2014, and is expected to reach USD 6.0 billion in 2020, growing at a CAGR of around 10.5% between
2015 and 2020. In terms of volume, the global wood-plastic composites market stood at 3,000.0 kilo
tons in 2014.
Wood-plastic composites are made up of wood floor or fiber and thermoplastics such as The desired
shape and size is achieved by the extrusion technique employed in molding wood-plastic composite
mixture. Wood-plastic composites exhibit high durability, low maintenance cost, adequate relative
strength and stiffness, lower prices as compared to other competing materials. Being water, weather and
mould resistant, this material can be used for various outdoor applications; whereas untreated or
chemically treated timber products are not as suited to weather ability as WPC products.
Browse the full "Wood-Plastic Composites (Polyethylene, Polypropylene, Polyvinyl Chloride, and
Others) Market for Building & Construction, Automotive, Electrical, and Other Applications:
Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2020" report
athttp://www.marketresearchstore.com/report/wood-plastic-composites-market-z38105
The wood-plastic composite market is mainly driven by the growing building & construction market across
the world. Wood-plastic composites are primarily used for decking, fencing, molding and windows.
3. Wood-Plastic Composites Market
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Automotive industry is another important outlet for wood-plastic composites market. Rising demand for
light weight vehicles has been resulted into growing usage of wood-plastic composites in different
applications in automotive industry. Wood-plastic composites are widely used in manufacturing of various
automotive components like dashboard, back rests, interior liners and internal trim of door panels. Use of
wood-plastic composites in the manufacturing of components helps reducing wirght of components and
in tune reduces the overall weight of a vehicle increasing its fuel efficiency.
The polyethylene product segment held the largest share in the global wood-plastic composite market
and accounted over 60% of the total volume consumed in 2014. Whereas, the polyvinyl chloride
composites are expected to be the fastest growing product segment of the wood-plastic composites
market during the forecast period. Building & construction was dominating the application segment of the
wood-plastic composites market and accounted for largest share of the market in 2014. Automotive was
the second largest market with over 20% share of the total wood-plastic composites volume consumed in
2014. WPCs are used for manufacturing automobile components such as internal trim for door panels,
dashboards, luggage racks, seat cushions, backrests and other interior liners. Usage of WPCs reduces
the overall weight of automobiles, which also enhances fuel efficiency, and it also ensures compliance
with environmental regulations due to reduced carbon emissions. Automotive is also expected be the
fastest growing application market fo wood-plastic composites in the next five years.
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composites-market-z38105#RequestSample
4. Wood-Plastic Composites Market
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North America was the leading regional market for wood-plastic composites in 2014. Europe was the
second largest market with around 17% share in total volume consumption in 2014. However, demand
for wood-plastic composites in Asia Pacific is expected to exhibit robust growth owing to booming
construction and automotive industry in the region.
The global wood-plastic composites market is highly scattered in nature. The key players in the wood-
5. Wood-Plastic Composites Market
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plastic composites market include Trex Company Inc., Fiberon LLC., CPG International, Advanced
Environmental Recycling Technologies (AERT), Timber Tech, and Fineko. Other prominent vendors in
the market include American Wood Fibers, AMSCO Windows, Artowood Thailand, B&F Plastics.
Beologic, CertainTeed, Crane Plastics, Deceuninck, Findock, FKuR Kunststoff, Guangzhou Kindwood,
Josef Ehrler, Louisiana-Pacific, North Wood Plastics, OnSpec Composites, Perth Wood Plastic
Composite, Plygem Holdings, Polymera, Polyplank, Solvay, Strandex, Tamko Building Products,
Technaro, UPM-Kymmene, and WPC.
Free sample report visit at http://www.marketresearchstore.com/report/wood-plastic-
composites-market-z38105#RequestSample
This report segments the global wood-plastic composites market as follows:
Wood-Plastic Composites Market: Product Segment Analysis
Polyethylene
Polypropylene
Polyvinyl chloride
Others (ABS, polystyrene and polylactide)
Wood-Plastic Composites Market: Application Analysis
1. Building & construction
2. Automotive
3. Electrical
6. Wood-Plastic Composites Market
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4. Others (Toys, trays, musical instruments, shoe soles, etc.)
Wood-Plastic Composites Market: Regional Analysis
North America
o U.S.
Europe
o Germany
o UK
o France
Asia Pacific
o China
o Japan
o India
Latin America
o Brazil
Middle East & Africa
7. Wood-Plastic Composites Market
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Browse the full "Wood-Plastic Composites (Polyethylene, Polypropylene, Polyvinyl
Chloride, and Others) Market for Building & Construction, Automotive, Electrical, and
Other Applications: Global Industry Perspective, Comprehensive Analysis and
Forecast, 2014 - 2020" report athttp://www.marketresearchstore.com/report/wood-
plastic-composites-market-z38105
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