Press release
Wood Plastic Composite Market| Key players operating in the market include Trex Company, Inc., Advanced Environmental Recycling Technologies, Inc., Fiberon, LLC, TimberTech, Polyplank AB
Wood Plastic Composite Market, Wood Plastic Composite, Wood Plastic, Plastic Composite, Wood Composite
Browse 117 market data Tables and 57 Figures spread through 152 Pages and in-depth TOC on "Wood Plastic Composite Market - Global Forecast to 2021"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/wood-plastic-composite-market-170450806.html
Building & construction is the largest application of wood-plastic composites and constituted major share of the total wood-plastic composite market, by application in 2015. The growing demand for wood-plastics composites from the building & construction segment is anticipated to drive the demand in coming years due to the superior performance benefits, durability, and low maintenance cost of these composites as compared to that of conventional materials.
Polyethylene is largest wood-plastic composite type, capturing more than half of the total global wood-plastic composite market share in 2015 among type segments. It is anticipated to grow with a healthy CAGR for the forecast period. The superior molecular structure and stability makes polyethylene type wood-plastic composites a robust, high performing material for applications, thus creating a healthy market demand for the same.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=170450806
North America accounted for the largest share of the wood plastic composite market in 2015, followed by Asia-Pacific and Europe. North America is one of the major producers of wood-plastic composites in the world. Increasing investment towards infrastructure projects, followed by replacement of old housing infrastructure with advanced materials, drives the wood-plastic composite market in North America.
The major companies that are operating in the global wood plastic composite market are Trex Company, Inc. (U.S.), Advanced Environmental Recycling Technologies, Inc. (U.S.), Universal Forest Products, Inc. (U.S.), Fiberon, LLC (U.S.), TAMKO Building Products, Inc. (U.S.), TimberTech (U.S.), Axion International, Inc. (U.S.), Beologic N.V. (Belgium), CertainTeed (U.S.), Fkur Kunststoff GmbH (Germany.), Josef Ehrler GmbH & Co. KG. (Germany), Polymera, Inc. (U.S.), and Polyplank AB (Sweden).
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=170450806
Trex Company, Inc. is the one of the leading producers of wood-plastic composites globally. The company is focusing more on new product launches as well as business expansion strategies to strengthen its market position and consolidate its financial position in the global wood-plastic composites market. In February 2016, the company enhanced its brand footprint with the expansion of Amerhart Limited into Eastern Missouri. Amerhart Limited is one of the largest independently owned building materials distributors which acquired Lumberyard Supply Co. to strengthen its distribution network in the Midwest region that includes Wisconsin, Illinois, Minnesota, Michigan, and Missouri. In November 2015, Trex Company, Inc. introduced a product named Trex Pergola. Three new Trex Pergola shade structures were also introduced, namely, Air, Balance, and Vision with varied color finishes.
Fiberon LLC is another major player in the wood-plastic composites market. It provides standard quality decking and railing products mainly for building & construction application. The company has signed multiple agreements with various distributors in the North American region in order to expand its distribution network and increase its regional footprint. In January 2015, Fiberon LLC and BlueLinx added 14 new distribution locations for composite decking and railing products that helps the company to address the market demand for wood-plastic composites. In May 2014, Fiberon LLC partnered with BlueLinx Holdings, Inc. (U.S.) to enhance the distribution of composite decking and railing products in Georgia, U.S.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/wood-plastic-composite.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/wood-plastic-composite-market.asp
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wood Plastic Composite Market| Key players operating in the market include Trex Company, Inc., Advanced Environmental Recycling Technologies, Inc., Fiberon, LLC, TimberTech, Polyplank AB here
News-ID: 3009477 • Views: …
More Releases from MarketsandMarkets
Remote Patient Monitoring Market Vital Role in Healthcare Evolution
The global Remote Patient Monitoring (RPM) market is poised for robust growth as healthcare technology continues to advance, enabling more efficient and patient-centered care. RPM solutions, which allow for the remote monitoring of patients' health and vital signs, have gained significant traction in recent years, driven by the growing need for continuous health monitoring and the widespread adoption of digital health technologies.
Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=77155492&utm_source=Openpr&utm_campaign=Paid&utm_content=Referral
The global remote patient monitoring…
Surface Disinfectant Market worth $4.2 billion by 2028
Surface Disinfectant Market in terms of revenue was estimated to be worth $2.6 billion in 2023 and is poised to reach $4.2 billion by 2028, growing at a CAGR of 9.4% from 2023 to 2028 according to a new report by MarketsandMarkets. The players operating the surface disinfectant market are enjoying favorable opportunities due to increased demand for infection control measures aimed at reducing hospital acquired infections, an increase in…
With 32.6% CAGR, Silicon Carbide Market Growth to Surpass USD 17.2 billion
The silicon carbide market is estimated to be worth USD 4.2 billion in 2024 and is projected to reach USD 17.2 billion by 2029, growing at a CAGR of 32.6% during the forecast period. The increasing adoption of SiC in electric vehicles is expected to drive the market growth of silicon carbide. Furthermore, the surge in adoption of SiC devices in telecommunication applications is anticipated to provide growth opportunities for…
More Releases for Wood
Thermally Modified Wood Market Growth, Opportunity, Forecast, Analysis by Key Pl …
New Jersey, United States,- The exploration study presented then's an excellent compendium of colorful types of analysis of important aspects of the world's marketable Thermally Modified Wood request. Through an intolerably delved analysis and Porter's five forces analysis, it provides a deep explanation of the strengths and sins of the global marketable Thermally Modified Wood request and the other players operating within it. The authors of the report also handed…
Global Wood Processing Market | Global Wood Processing Industry: Ken Research
The wood processing market involves of sales of processed wood by several entities (organizations, sole traders and partnerships) that saw measurement lumber, boards, beams, timbers, poles, ties, shingles, shakes, siding, and wood chips from the logs or bolts. This industry also embraces establishments that treat planed, sawed and shaped wood with creosote or other preservers such as alkaline copper quat, copper azole, and sodium borates, to safeguard decay and to…
Global Manufactured Wood Materials Market | Global Manufactured Wood Materials I …
The manufactured wood materials market entails of sales of produced wood materials by numerous entities (organizations, sole traders and partnerships) that produce veneer, plywood, engineered wood and reconstructed wood products. Some products established by this industry comprise hardwood and softwood veneer, fabricated and laminated wood arches, wood roof, floor trusses, wood sheets and boards. The manufactured wood materials industry encompasses various natures of procedures cast-off to transform the raw wood…
Global Thermally Modified Wood Market 2019 Report Explored by Top Players: Arbor …
Global Thermally Modified Wood Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 is a detailed research study that helps provides answers and related questions with respect to emerging trends. The report mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the market players as anticipated to face during the forecast period from 2019 to 2024. The report contains details…
Global Wood Waxes Market For Particleboard, Wood Coating, Lubrication
Latest industry research report on: Global Wood Waxes Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts.
In this report, the global Wood Waxes market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
In addition, drivers, restraints and opportunities, competitive landscape have also been…
U.S. Wood Moldings, Wood Flooring, And Other Wood Millwork Products Market. Anal …
IndexBox has just published a new report "U.S. Wood Moldings, Wood Flooring, And Other Wood Millwork Products Market. Analysis And Forecast to 2025" ( http://www.indexbox.co.uk/store/us-wood-moldings-wood-flooring-and-other-wood-millwork-products-market-analysis-and-forecast-to-2020?utm_source=opr ).
The report provides on a detailed analysis of the U.S. wood millwork product market. It indicates the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information…
