openPR Logo
Press release

Global Wood-Plastic Composites Market will Grasp USD 6.0 Billion by 2020

03-21-2017 06:22 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Research Store

Wood-Plastic Composites Market

Wood-Plastic Composites Market

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.

Get a copy of Sample Report: https://goo.gl/h9aflK

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. 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.

Browse the full report at: http://www.marketresearchstore.com/report/wood-plastic-composites-market-z38105

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-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.

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

Building & construction
Automotive
Electrical
Others (Toys, trays, musical instruments, shoe soles, etc.)
Wood-Plastic Composites Market: Regional Analysis

North America
U.S.
Europe
Germany
UK
France
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East & Africa

About Us

Zion Research 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. Zion Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact US:

Joel John
3422 SW 15 Street,Suit #8138
Deerfield Beach,Florida 33442
United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
Email: sales@marketresearchstore.com
Website: http://www.marketresearchstore.com

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 Global Wood-Plastic Composites Market will Grasp USD 6.0 Billion by 2020 here

News-ID: 475371 • Views:

More Releases from Market Research Store

Global Building Design and Building Information Modeling (BIM) Software Market Depth analysis of the market’s latest and future trends Forecast 2021-2027
Global Building Design and Building Information Modeling (BIM) Software Market D …
The report includes a detailed profile and information of all the major Building Design and Building Information Modeling (BIM) Software market players currently active in the global Building Design and Building Information Modeling (BIM) Software Market. This Building Design and Building Information Modeling (BIM) Software Market Reports aids in the comprehension of the entire market and the identification of growth chances in the worldwide Building Design and Building Information Modeling
Smart Luggage Market To Witness the Highest Growth Globally in Coming Years 2021-2026
Smart Luggage Market To Witness the Highest Growth Globally in Coming Years 2021 …
Smart Luggage Market The report for the worldwide Smart Luggage market gives a harsh thought regarding the various factors and patterns influencing the improvement graph of the worldwide market. Advancement of the effect of government strategies and guidelines on the activities in the Smart Luggage market is likewise referenced to offer a comprehensive synopsis of things to come viewpoint of the market. It presents refined development gauges for the Smart Luggage
Concrete Block and Brick Market Potential Growth, Size, Share, Demand and Analysis of Key Players – Research Forecasts to 2025
Concrete Block and Brick Market Potential Growth, Size, Share, Demand and Analys …
Concrete Block and Brick Market The report for the worldwide Concrete Block and Brick market gives a harsh thought regarding the various factors and patterns influencing the improvement graph of the worldwide market. Advancement of the effect of government strategies and guidelines on the activities in the Concrete Block and Brick market is likewise referenced to offer a comprehensive synopsis of things to come viewpoint of the market. It presents refined
Sulfachloropyridazine Sodium Market set size record exponential growth size 2027
Sulfachloropyridazine Sodium Market set size record exponential growth size 2027
Sulfachloropyridazine Sodium Market The Sulfachloropyridazine Sodium Market report gives an outline of the current market Trend, gradual income, and future viewpoint of the Sulfachloropyridazine Sodium Market. According to the report, the Global Sulfachloropyridazine Sodium Market is foreseen to observe huge development during the gauge time frame from 2020 to 2027. The report gives a brief outline and definite bits of knowledge into the market by gathering information from the business specialists

All 4 Releases


More Releases for Wood

Key Influencer in the Wood Preservatives Market 2025: Rising Global Wood Demand …
"What market dynamics are playing a key role in accelerating the growth of the wood preservatives market? The market growth of wood preservatives is expected to be fueled by the rising demand for wood in multiple applications over the forecast period. With the global population and industrialization on the rise, the need for wood products is progressively growing. Wood, being a substantial source of energy, housing, firewood, timber, and fodder, has
Thermally Modified Wood Market Analysis By Top Key Players - Kebony, Stora Enso, …
The "Thermally Modified Wood Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global Thermally Modified Wood Market, 2024-2031 Verified Market Research's most recent report, "Thermally Modified Wood Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030,"
Palmetto Wood Shop: Personalized Wood Gifts for Every Occasion
Palmetto Wood Shop, a family-owned business renowned for its passion for woodworking, specializes in crafting high-quality, engraved gifts for every occasion. Since 2014, Palmetto Wood Shop's mission has been to provide customers across the U.S. and the world with personalized products that reflect the artistry and care that goes into each piece. Palmetto Wood Shop's collection includes a wide array of products ranging from engraved pocketknives and hammers to personalized cutting
Thermally Modified Wood Market 2023 Key Players - Stora Enso, Kebony, Thermory, …
Global Thermally Modified Wood Market 2023 introduced by a leading market research firm Fior Markets comes out as a highly reliable source of information and data on the global market. The report is a versatile and future-ready analytical survey that contains trend assessment, an in-depth assessment of market valuation, and revenue-generating trends. The report covers sharp insights into the present and forthcoming trends & developments in the global Thermally Modified
Pressure-treated Wood Market | Navigating New Horizons: Analyzing Innovative Bus …
In the past few years, the Pressure-treated Wood market experienced a huge change under the influence of COVID-19 and Russia-Ukraine War, the global market size of Pressure-treated Wood reached the predicted milestone in 2022 with the rising CAGR from 2017-2022. Facing the complicated international situation, the future of the Pressure-treated Wood market is full of uncertain. Report predicts that the global Pressure-treated Wood market size will expected to achieve a
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