2021-2030 Analysis and Review Wood Plastic Composite Market

Wood Plastic Composite Market

Wood Plastic Composite Market By Application (Automotive Components, Building & Construction, Industrial & Consumer Goods, Others), By Product (Polypropylene, Polyvinylchloride, Polyethylene, Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021 – 2030

24-03-2022 REP-HC-139323 111 pages Format

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The global wood plastic composites market is valued to generate a CAGR of 12% in the forecast 2022 to 2030. The Growing Application of wood plastics composites various sectors which includes construction, automotive,industrial and others is increasing the demand for such composites in the global market. Various benefits offered by the wood plastics composites is increasing its application across various industries such as building and construction, automotive and others. Government across the globe are promoting production of wood plastics composites as these composites are echo-friendly and less hazardous as compared to other composites. The key companies in this market include Universal Forest Products, Trex, Tamko, Renolit, and Others.

Demand in Construction and Automotive Industry Are Fueling the Growth in Wood Plastic Composite Market

The growing construction and automotive industry worldwide is playing a key role for increasing demand of the wood plastic composites market. According to our analysis, the building and construction industry held more than 70% of the wood plastic composites market owing to having swift growth in this application. In building and construction application the decking application holds the largest market share with more than 52% of the total building and construction application followed by molding application expected to hold more than 31% in 2021.

Automotive Segment to Grow the Fastest

Further, the automotive industry also plays the major role in the development of wood plastic composites market. It has been analyzed that in 2021 the automotive industry held more than 21% market of the total wood plastic composites market and is the fastest growing market with a CAGR of 16.50% during the forecasted period 2022-2030.

360 Degree Market Analysis

The report holds a detailed description of the major regions of the globe i.e. North America, Europe, APAC and ROW. Major countries of each region have been thoroughly discussed providing the market size and estimations, market determinants, government regulation and segmentation analysis. The report has the analysis of emerging and leading companies in the current worldwide wood plastics composites. The competitive environment is observed and are majorly focused on how new technologies and products are influencing the current wood plastics composites markets. Mergers and acquisitions recently accomplished are detailed with a major focus on what organizational, product-specific and strategic changes are expected in the forecasted period. Detailed profiles of the market leaders are discussed in detail. Also factors holding opportunities such as pipeline products, untapped market scenario are discussed in detail.

NA Remains as The Market Leader

On the basis of geography, the market of wood plastic composites is further segmented in to North America, Asia Pacific, Europe and rest of the world. In 2021, the North America is valued to hold the largest market share with 42.27% followed by Asia Pacific with 32.94% of the total wood plastic composites market. In North America, the U.S. holds the largest market share with 81% of the total North America wood plastic composites market followed by Canada. The U.S. construction industry holds the largest share of the total US GDP.

Historical & Forecast Period

This research report presents the analysis of each segment from 2020 to 2030 considering 2021 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segment are calculated for the forecast period from 2022 to 2030.

Report Methodology

Market revenues and CAGR were derived from primary and secondary research. Both quantitative and qualitative trends were considered for extrapolation of market revenues. The derived market estimates were further validated from top down, bottom strategies and primary research. The scope of the market is limited to the following segments of product categories and region.

Global Wood Plastic Composite Market, By Application, 2020-2030, ($Millions)

Automotive Components
Building & Construction
Industrial & Consumer Goods
Others

Global Wood Plastic Composite Market, By Product, 2020-2030, ($Millions)

Polypropylene
Polyvinylchloride
Polyethylene
Others

By Region (2020-2030; US$ Mn)

North America
Europe
Asia Pacific
Latin America
Africa

Global Impact of Covid-19 Segment (2020-2021; US$ Mn)

Pre Covid-19 situation
Post Covid-19 situation

Key questions answered in this report

What are the key market segments in current scenario and in the future by product categories?
What are the key market segments in current scenario and in the future by regions?
What is the key impact of Covid-19 over market revenues and market determinants in the global wood plastic composite market?
What are the primary and secondary macro and micro factors influencing the market growth currently and during the forecast period?
What are the primary and secondary macro and micro factors deterring the market growth currently and during the forecast period?
How to overcome the current market challenges and leverage the opportunities in each of the market segment?
Who are the key players in the operational predictive maintenance market and what are their key product categories and strategies?
What are the key strategies – mergers/acquisitions/R&D/strategic partnerships etc. that companies are deploying to enhance market revenues and growth?

Wood Plastic Composite Market - Table of Contents

Chapter 1. Preface

Chapter 2. Market Overview
2.1. Market Definition and Scope
2.2. Key Findings
2.3. Parametric Analysis
2.3.1. Production of Wood Plastics Composites
2.3.2. Consumption Across Application
2.3.3. Demand Across Geographies
2.4. Key Market Insights
2.4.1. Top Emerging Countries
2.4.2. Top Revenue Generating Segments
2.4.3. Top Growing Markets and Emerging Trends
2.4.4. Top Geography
2.5. Competitive Landscape
2.5.1. Market Share Analysis
2.5.2. Top Winning Strategies
2.5.3. Case Studies: Top Competitive Moves
2.6. Porter’s Five Force Model
2.6.1. Bargaining Power of Suppliers
2.6.2. Threat of New Entrants
2.6.3. Bargaining Power of Buyers
2.6.4. Threat of Substitutes
2.6.5. Competitive Rivalry Between Existing Players
2.7. Key Buying Criteria
2.8. Strategic Recommendation
2.9. Strategic Conclusions

Chapter 3. Market Determinants
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Challenges

Chapter 4. Sector Analysis
4.1. Parent Market
4.2. Competitors Market/ Alternative Market

Chapter 5. Global Wood Plastic Composites Market by Application,2020-2030 ($ Million)
5.1. Market Analysis
5.1.1. Global Automotive Components Wood Plastic Composites Market 2020-2030 ($ Million)
5.1.2. Global Building & Construction Products Wood Plastic Composites Market 2020-2030 ($ Million)
5.1.2.1. Global Fencing Wood Plastic Composites Market 2020-2030 ($ Million)
5.1.2.2. Global Decking Wood Plastic Composites Market 2020-2030 ($ Million)
5.1.2.3. Global Molding & Siding Wood Plastic Composites Market 2020-2030 ($ Million)
5.1.3. Global Industrial & Consumer Goods Wood Plastic Composites Market 2020-2030 ($ Million)
5.1.4. Global Another Applications Wood Plastic Composites Market 2020-2030 ($ Million)

Chapter 6. Global Wood Plastic Composites Market by Product, 2020-2030($ Million)
6.1. Global Polypropylene Wood Plastic Composites Market 2020-2030 ($ Million)
6.2. Global Polyvinylchloride Wood Plastic Composites Market 2020-2030 ($ Million)
6.3. Global Polyethylene Wood Plastic Composites Market 2020-2030 ($ Million)
6.4. Global Another Products Wood Plastic Composites Market 2020-2030 ($ Million)

Chapter 7. North America Wood Plastic Composites Market, 2020-2030, ($ Million)
7.1. Market Overview
7.2 Segmentation Analysis by Region 2020-2030 ($Million)
7.2.1. United States
7.2.2. Canada

Chapter 8. UK & European Wood Plastic Composites Market, 2020-2030, ($ Million)
8.1. Market Overview
8.2. Segmentation Analysis by Region 2020-2030 ($ Million)
8.2.1. United Kingdom
8.2.2. France
8.2.3. Germany
8.2.4. Russia
8.2.5. Rest of Europe

Chapter 9. Asia-Pacific Wood Plastic Composites Market, 2020-2030, ($ Million)
9.1. Market Overview
9.2. Segmentation Analysis by Region 2020-2030 ($Million)
9.2.1. China
9.2.2. India
9.2.3. Japan
9.2.4. Australia
9.2.5. Rest of Asia-Pacific

Chapter 10. ROWWood Plastic Composites Market, 2020-2030, ($ Million)
10.1. Market Overview
10.2. Segmentation Analysis by Region 2020-2030 ($ Million)
10.2.1. Latin America
10.2.2. Middle East & Africa

Chapter 11. Company Profiling
11.1. Alstone
11.2. Beologic N.V
11.3. Certainteed (Subsidiary of Saint-Gobain)
11.4. FiberonLlc
11.5. Fkur Plastics Corporation (Subsidiary ofFkurKunststoffGmbh)
11.6. Green Bay Decking LLC.
11.7. Guangzhou Kindwood Co. Ltd.
11.8. Imerys
11.9. Product Portfolio
11.10. Jelu-Werk J. EhrlerGmbh& Co. Kg
11.11. Polyplank
11.12. Tamko Building Products
11.13. Trex Company Inc.
11.14. Universal Forest Products Inc.
11.15. Woodmass

Wood Plastic Composite Market - List of Tables

Table 1 Global Wood Plastic Composites Market by Application 2020-2030 ($ Million)
Table 2 Costs of Virgin Polymer in USD
Table 3 Costs ofRecyclatesinUSD
Table 4 Global Wood Plastic Composites Market by Application 2020-2030 ($ Million)
Table 5 Amount ofWPC Made fromPlant Fibers Used in Automotive Industry
Table 6 Automotive Components Wood Plastic Composites Market by Geography 2020-2030 ($ Million)
Table 7 Building & Construction Wood Plastic Composites Market by Geography 2020-2030($ Million)
Table 8 Global Fencing Wood Plastic Composites Market by Geography 2020-2030 ($ Million)
Table 9 Decking Wood Plastic Composites Market by Geography 2020-2030 ($ Million)
Table 10 External Molding & Siding Options for WPC
Table 11 Molding & Siding Wood Plastic Composites Market by Geography 2020-2030 ($ Million)
Table 12 Industrial & Consumer Goods Wood Plastic Composites Market by Geography 2020-2030 ($ Million)
Table 13 Perception of WPC Vs Other Materials (5 Point Scale Measurement; 1=Worse, 5=Better)
Table 14 Global Wood Plastic Composites Market by Product 2020-2030 ($ Million)
Table 15 Global Propylene Wood Plastic Composites Market 2020-2030 ($ Million)
Table 16 Polypropylene Wood Composites Plastic Market by Geography 2020-2030 ($ Million)
Table 17 Polyvinylchloride Wood Plastic Composites Market by Geography 2020-2030 ($ Million)
Table 18 Polyethylene Wood Plastic Composites Market by Geography 2020-2030 ($ Million)
Table 19 Another Products Wood Plastic Composites Market by Geography 2020-2030 ($ Million)
Table 20 Global Wood Plastic Composites Market by Region ($ Million)
Table 21 WPC Market by North America ($ Million)
Table 22 Asia Pacific Wood Plastic Composites Market 2020-2030 ($ Million)
Table 23 Wood Plastic Composites Market, Rest of the World ($ Million)

Wood Plastic Composite Market - List of Figures

Figure 1 Global Wood Plastic Composites Market Share by Geography (2020-2030)
Figure 2 Key Findings of the Report
Figure 3 Growth of the Countries CAGRforthe Forecasted Period 2022-2030
Figure 4 Top Revenue Generating Segments 2021 ($ Million)
Figure 5 APAC Revenue Growth 2020-2030 ($ Million)
Figure 6 Revenue Share of Geography 2021
Figure 7 Market Share of Analysis of Key Players 2021
Figure 8 Porter’s Five Force Model in Wood Plastic Composites Market
Figure 9 Key Buying Criteria Impact
Figure 10 Wood Plastic Composite Construction Product
Figure 11 Top Triggers for Green Building
Figure 12 Retail Sales of Acoustic Guitar in Million (USD)
Figure 13 Composites Type
Figure 14 Alternative forWPC
Figure 15 Global Automotive Components Wood Plastic Composites Market 2020-2030 ($ Million)
Figure 16 Global Building & Construction Products Wood Plastic Composite Market 2020-2030 ($ Million)
Figure 17 Global Construction Spending by Geography 2020
Figure 18 Global Fencing Wood Plastic Composites Market 2020-2030 ($ Million)
Figure 19 Global Decking Wood Plastic Composites Market 2020-2030 ($ Million)
Figure 20 Global Molding & Siding Wood Plastic Composites Market 2020-2030 ($ Million)
Figure 21 Global Industrial & Consumer Good Wood Plastic Composites Market 2020-2030 ($ Million)
Figure 22 Global Other Applications Wood Plastic Composites Market 2020-2030 ($ Million)
Figure 23 Other Application Wood Plastic Composite Market by Geography 2020-2030 ($ Million)
Figure 24 Uses of Polypropylene
Figure 25 Global Polyvinylchloride Wood Plastic Composites Market 2020-2030 ($ Million)
Figure 26 Demand and Production of PVC Globally 2015-2022, Million Mt
Figure 27 Global Applications of PVC 2015
Figure 28 Global Polyethylene Wood Plastic Composites Market 2020-2030 ($ Million)
Figure 29 Global Polyethylene Demand 2015-2022 Million Mt
Figure 30 Global Another Products Wood Plastic Composites Market 2020-2030 ($ Million)
Figure 31 Global PLA Production Capacity 2015-2022, (Tons)
Figure 32 Global Trend in Construction Market by 2010-2020
Figure 33 Wood Plastic Composites Market by U.S. ($ Million)
Figure 34 Construction as A Percentage of GDP
Figure 35 Growth Pattern Key Factors, U.S. Wood Plastic and Composites Market
Figure 36 Wood Plastic Composites by Canada ($ Million)
Figure 37 Europe WPC Market Estimate and Forecast 2020-2030($ Million)
Figure 38 Europe WPC Market Forecast by Geography 2020-2030 ($ Million)
Figure 39 UKWPC Market Estimate andForecast2020-2030($ Million)
Figure 40 UKGDPfrom Construction 2020-2030($ Million)
Figure 41 France WPC Market Estimate and Forecast 2016-2022 ($ Million)
Figure 42 France GDP from Construction 2020-2030($ Million)
Figure 43 Germany WPC Market Estimate and Forecast 2020-2030($ Million)
Figure 44 Germany GDPfromConstruction2020-2030($ Billion)
Figure 45 Spain WPC Market Estimate andForecast2020-2030($ Million)
Figure 46 Spain GDP from Construction 2020-2030($ Million)
Figure 47 Italy WPC Market Estimate and Forecast 2020-2030($ Million)
Figure 48 Roe WPC Market Estimate and Forecast 2020-2030($ Million)
Figure 49 Asia Pacific Wood Plastic Composites Market Share in2021
Figure 50 India Wood Plastic Composites Market 2020-2030 ($ Million)
Figure 51 Total Production of Automobiles in India (Million Unit)
Figure 52 China Wood Plastic Composites Market 2020-2030 ($ Million)
Figure 53 Production of Passenger Cars in China in Million
Figure 54 Japan Wood Plastic Composites Market 2020-2030 ($ Million)
Figure 55 Roapac Wood Plastic Composites Market 2020-2030 ($ Million)
Figure 56 Wood Plastic Composites Market, Latin America ($ Million)
Figure 57 Wood Plastic Composites Market, Latin America ($ Million)
Figure 58 Wood Plastic Composites Market, Latin America ($ Million)