Press release
Plastic Lumber Market 2019-2023 Study by Engineered Plastic Systems, Genova Products, KWK Plastic Lumber, Tangent Technologies, Trex Company and Others
Plastic lumber is a plastic form of lumber (timber), which is made of virgin or recycled plastic. It finds application in decking, fencing, and landscaping products. Plastic lumber is perceived as an eco-friendly substitute to hardwoods from forests and nontoxic alternative to pressure treated wood, which contains chemicals such as copper. EnviroCurb, CorrectDeck, Green Tree Composites, and Eco-Tech are some of the product brands available in the market.Comprehensive competitive analysis and profiles of major market players provided in the report are Advanced Environmental Recycling Technologies, Aeolian Enterprises Inc., American Recycled Plastic, Bedford Technology LLC, Century-Board USA, LLC, Engineered Plastic Systems, Genova Products Inc., KWK Plastic Lumber Co., Ltd., Tangent Technologies, Trex Company.
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Rising utilization of plastic lumber in new construction activities, growing penetration in decking applications, and increase in residential renovation expenditures are major factors that drive the growth of the plastic lumber market. However, high cost of plastic lumber as compared to wood products hinders the market growth. Technological advancements in production procedures and increase in demand for plastic lumbers from emerging economies are expected to provide potential growth opportunities for market expansion.
The report segments the plastic lumber market on the basis of product, resin type, application, and geography. Based on product, the market is classified into virgin plastic, recycled plastic, and composite. According to resin type, it is divided into polyethylene, polyvinyl chloride (PVC), polystyrene (PS), and others (acrylonitrile butadiene styrene and polypropylene). By application, it is categorized into decking, molding & trim, fencing, landscaping & outdoor products, windows & doors, and others. Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits
• This report provides a quantitative analysis of the current trends and estimations from 2017 to 2023 of the global plastic lumber market to identify the prevailing market opportunities.
• Major countries in each region are mapped according to individual market revenue.
• Comprehensive analysis of factors that drive and restrict the market growth is provided.
• An in-depth analysis of current research & clinical developments within the market is provided with key dynamic factors.
• Key players and their key developments in the recent years are listed
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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