The global Wood Plastic Composites market was valued at US$ 5313.1 million in 2022 and is projected to reach US$ 9848.1 million by 2029, at a CAGR of 9.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Wood Plastic Composites market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Wood Plastic Composites market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Wood Plastic Composites market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Wood-plastic composites (WPCs) are composite materials produced of thermoplastics (includes PVC, PE, PP, etc.) and wood fiber/wood floor. Chemical additives look practically "invisible" (except pigments and mineral fillers, if added) in the composite formation. They offer for wood floor (powder) and integration of polymer though facilitating optimal processing surroundings.?
Wood Plastic Composites Market aims to provide a comprehensive presentation of the global market for Wood Plastic Composites, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wood Plastic Composites. Wood Plastic Composites Market contains market size and forecasts of Wood Plastic Composites in global, including the following market information:
- Global Wood Plastic Composites Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Wood Plastic Composites Market Sales, 2018-2023, 2024-2030, (K MT)
- Global top five Wood Plastic Composites companies in 2022 (%)
The factors that influencing the market demand are superior properties such as thermal stability, stiffness and better reprocessing, rising demand of Wood Plastic Composite due to eco-friendliness, growing focus of plastic manufacturers on Wood Plastic Composite etc. The factors that are hindering the market growth are high cost of raw materials, cases filed against Wood Plastic Composite companies etc. The market has lot of opportunity with the volatility in petroleum prices and increasing scope in consumer goods such as pencils, lipsticks, toys etc. The challenge for the market is reducing the load of Wood Plastic Composite products.?
We surveyed the Wood Plastic Composites manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Wood Plastic Composites Market, by Material, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Wood Plastic Composites Market Segment Percentages, by Material, 2022 (%)
- Polyethylene
- Polypropylene
- Polyvinyl Chloride
- Others
Global Wood Plastic Composites Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Wood Plastic Composites Market Segment Percentages, by Application, 2022 (%)
- Building & Construction
- Automotive
- Electrical
- Others
Global Wood Plastic Composites Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Wood Plastic Composites Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Wood Plastic Composites revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Wood Plastic Composites revenues share in global market, 2022 (%)
- Key companies Wood Plastic Composites sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Wood Plastic Composites sales share in global market, 2022 (%)
key players include:
- Alstone
- Beologic
- Certainteed
- Fiberon
- Fkur Plastics
- Green Bay Decking
- Guangzhou Kingwood
- Imerys
- Jelu-Werk
- Polyplank
- Renolit
- Tamko Building Products
- Trex
- Universal Forest Products
- Woodmass
Outline of Major Chapters:
Chapter 1: Introduces the definition of Wood Plastic Composites, market overview.
Chapter 2: Global Wood Plastic Composites market size in revenue and volume.
Chapter 3: Detailed analysis of Wood Plastic Composites manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by material, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Wood Plastic Composites in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Wood Plastic Composites capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
Industry Market Size
