Wood plastic composites (WPC) are compounds comprising recycled plastic and wood wastes with beneficial features such as reduced melting temperature resulting in lower energy costs for producers and further reducing the product’s environmental impact.
Market Analysis and Insights: Global and United States Wood and Plastic Composites Market
This report focuses on global and United States Wood and Plastic Composites market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Wood and Plastic Composites market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Polyethylene accounting for % of the Wood and Plastic Composites global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Outdoor Deck Floors was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
These composites are growing at the highest rate among the plastic additives. Innovative uses for wood-based composites are constantly accomplished. These hybrid materials provide sustainability, longevity, and cost savings in a wide array of applications such as car speakers, interiors, home furniture, and kitchen accessories.
Global Wood and Plastic Composites Scope and Market Size
Wood and Plastic Composites market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Wood and Plastic Composites market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Wood and Plastic Composites market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Polyethylene
Polyvinyl Chloride
Polypropylene
Other
Segment by Application
Outdoor Deck Floors
Railings
Landscaping Timbers
Park Benches
Window and Door Frame
Indoor Furniture
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Trex Company, Inc.
Beologic N.V.
Woodplastic Group
JELU
Vannplastic
ADO Woods
Green Resource Material (GRM)
Shubh Wood
UPM
Huzhou Xinfeng Wood Plastic Composite Co., Ltd.