Wood-Plastic Composites Market - Positive Long-Term Growth Outlook 2019
According to the report, the global wood-plastic composites market is rising owing to the increasing demand from the industry of building and construction. In addition, development of the global automobile industry, along with strict environmental regulations, has also fuelled the market.
Get PDF Brochure for more Professional and Technical insights :
Additionally, products such as decking boards made out of wood-plastic composites are superior in quality in comparison to products manufactured from plastic or wood in isolation, thus increasing their demand. Furthermore, wood-plastic composites are substituting plastics and steel in a number of interior vehicle components such as the internal trim of door panels, dashboards, backrests, seat cushions, and other interior liners. On the other hand, emergence of a number of other natural fibers including straw fiber, seed fiber, and leaf fiber is predicted to impede the development of the market in the coming years. wood-plastic-composites-market
On the basis of product, the market is segmented into polyethylene wood-plastic composites, polyvinyl chloride wood-plastic composites, polypropylene wood-plastic composites, and others including polystyrene, ABS, and polylactide. Amongst these, polyethylene wood-plastic composites led the market in 2012 with a volume share of more than 60% and this trend is predicted to continue in the forecast horizon. The segment of polypropylene wood-plastic composites is predicted to exhibit an above-average growth in the forecast horizon. On the other hand, the segment of polyvinyl chloride wood-plastic composites is predicted to be the most swiftly developing segment in the forecast horizon due to rising demand for it in decking and window applications.
On the basis of application, the market is segmented into automotive, building and construction, electrical, and others including trays, toys, shoe soles, musical instruments, etc. Amongst these, on the basis of revenue and volume, the application segment of building and construction led the market in 2012. This is owing to the increasing usage of wood-plastic composites in window lineals, decking boards, door components, sliding and fencing products, and rails and balusters. On the other hand, the application segment of the automotive industry is predicted to be the most swiftly developing segment and is anticipated to expand at a 9.0% CAGR from 2013 to 2019 on the basis of volume. This is due to the increasing inclination of consumers towards biobased products.
On the basis of geography, the market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, in 2012, North America held the biggest share in the market and constituted a share of more than 65% on the basis of volume. Europe is anticipated to exhibit moderate growth in the market by 2019. On the other hand, Asia Pacific is predicted to be the most swiftly developing market for wood-plastic composites in the coming six years.
As per the report, the prime players dominant in the market include Fiberon LLC., Trex Company Inc., CPG International, Fineko, and Advanced Environmental Recycling Technologies (AERT).
The market is segmented into the following categories:
Wood-Plastic Composites Market: Product Analysis
Polyethylene wood-plastic composites
Polypropylene wood-plastic composites
Polyvinyl chloride wood-plastic composites
Others (ABS, polystyrene and polylactide)
Wood-Plastic Composites Market: Application Analysis
Building & construction
Others (Toys, trays, musical instruments, shoe soles, etc)
Wood-Plastic Composites Market: Regional Analysis
Rest of the World
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Composites Market - Positive Long-Term Growth Outlook 2019 here
News-ID: 423340 • Views: 355
More Releases from Transparency Market Research
Wind Turbine Operations and Maintenance Market Demand and Growth Analysis with F …
Overview TMR’s report on the Wind Turbine Operations and Maintenance Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Wind Turbine Operations and Maintenance Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Wind
Petroleum Coke Market Shares, Strategies and Opportunities 2020
Overview TMR’s report on the Petroleum Coke Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Petroleum Coke Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Petroleum Coke Market over the forecast period.
Bunker Fuel Market Segmentation and Forecast Analysis up to 2020
Overview TMR’s report on the Bunker Fuel Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Bunker Fuel Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Bunker Fuel Market over the forecast period.
Concentrated Solar Power Market Detailed Analysis and Forecast up to 2020
Overview TMR’s report on the Concentrated Solar Power Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Concentrated Solar Power Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Concentrated Solar Power Market over
More Releases for Composites
Construction Composites Market 2018 Global players Trex Company, Diversified Str …
Growing construction activities in the emerging countries due to massive government investments to improve public infrastructure will boost the construction composites market size by 2025. For instance, in India USD 2.4 billion project is currently in progress to build the Navi Mumbai International Airport that started in March 2015 and is expected to be completed till 2019. Similarly, UAE has been making considerable investment in constructing ports which was valued
Construction Composites Market 2024 Global key players Diversified Structural Co …
Construction Composites Market for commercial applications is projected to rise at a CAGR of more than 4.5% by 2025. Commercial construction includes bridges, tunnels, airports, roads, hospitals, etc. Government has been making substantial investment to improve the infrastructure, which in turn will propel the construction composite market size by 2025. For instance, government of India have announced spending USD 59 billion to modernize its infrastructure in the coming years which
Global Rail Composites Market Research Report 2018 | Applications Analysis and K …
Researchmoz added Most up-to-date research on "Global Rail Composites Market Research Report 2018" to its huge collection of research reports. This report studies the global Rail Composites market status and forecast, categorizes the global Rail Composites market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and
Global Construction Composites Market 2018 - Exel Composites, Trex Company Inc.
The Global Construction Composites market 2018 delivers detailed prognosis on current and forecast market situation of Construction Composites market in the assessment period, 2018-2025 based on the market’s growth history, sales channel, and manufacturers in the Construction Composites industry. The report also reveals market share of product type, application and scope of a region in detail. The Construction Composites report also consists of key drivers and limiting factors affecting the
Nonwoven Composites Market Report 2017
Nonwoven Composites Market Report 2017 Nonwoven Composites 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. Access Full Report : https://www.reportsandmarkets.com/reports/asia-pacific-nonwoven-composites-market-report-2017-1732204 Geographically, this report split Asia-Pacific into several key Regions, with sales (K sqm), revenue (Million USD), market share and growth rate of Nonwoven Composites for these regions,
Construction Composites Market Share 2017 Strongwell, Exel Composites, Trex Comp …
Global Construction Composites Market Research Report Worldwide Construction Composites 2017 Research Report presents a professional and complete analysis of Global Construction Composites Market on the current situation. Construction Composites Market report includes development plans and policies along with Construction Composites manufacturing processes and price structures. Global Construction Composites Market 2017 research report offers the analytical view of the industry by studying different factors like Construction Composites market growth, consumption volume, Construction