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Wood Plastic Composite Market Size, Share & Trends Analysis Report by Type (PE, PP, PVC), by Application (Building & Construction,Automotive Components, Industrial and Consumer Goods), by Region, and Segment Forecasts, 2020 - 2027

  • ID: 4621730
  • Report
  • February 2020
  • Region: Global
  • 210 pages
  • Grand View Research
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FEATURED COMPANIES

  • Beologic N.V.
  • CertainTeed Corporation
  • Fiberon, LLC
  • Fkur Kunststoff GmbH
  • PolyPlank AB
  • Renolit
  • MORE
The global wood plastic composite market size is expected to reach USD 12.5 billion by 2027, expanding at a revenue-based CAGR of 11.4%. Increasing demand for wood plastic composite in manufacturing noise barriers for street construction and sheet pilings for landscaping and garden furniture is expected to drive market growth.

Wood plastic composite has high durability, bending strength, shear strength, low moisture content, and low water absorption, as compared to conventional wood products. These properties have made it viable for use in railings, windows, doors, exterior siding, fencing, flooring, interior molding, and landscape materials.

Increasing infrastructural development activities, especially in the emerging economies such as China, India, Thailand, and Brazil coupled with the growing demand for aesthetically appealing furniture and flooring solutions across the globe has surged the demand for wood plastic composite in the construction industry in the recent times.

The rising demand for single-family rental homes is surging in the U.S. which has urged builders to focus on redesigning the models. Over 70% of the large urban regions saw a boost in infill housing development in 2018. This rise in infill development is projected to create opportunities for wood plastic composite manufacturers over the forecast period.

Further key findings from the report suggest:
  • Polypropylene composites are expected to witness a CAGR of 11.8% from 2020 to 2027 in terms of revenue owing to its heavy use in the niche application segments such as water-resistant coatings on furniture and high temperature controllable wooden units
  • The penetration of wood plastic composite in the automotive industry accounted for 15.9% of the global revenue in 2019 on account of its favorable properties such as lightweight, machinability, durability, and environmental friendliness
  • The building and construction segment is expected to witness a revenue-based CAGR of 11.5% from 2020 to 2027 owing to rise in foreign investments coupled with changing consumer focus towards green buildings
  • Asia Pacific accounted for 31.3% of the volume share in 2019 on account of the shift in consumer behavior, growing local competition, fragmented distribution, and rising dual income households
  • Key players are adopting partnership strategies with companies in order to gain dominance in the wood plastic composite market which provides them a competitive advantage in terms of manufacturing sustainable products and use advanced technologies in the field.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Beologic N.V.
  • CertainTeed Corporation
  • Fiberon, LLC
  • Fkur Kunststoff GmbH
  • PolyPlank AB
  • Renolit
  • MORE
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights

Chapter 3. Industry Outlook
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales Channel Analysis
3.3.1.1. Existing Distribution Channels
3.3.2. Price Trend Analysis
3.3.3. Profit Margin Analysis
3.4. Raw Material Outlook
3.4.1. Wood/ Wood Pellets
3.4.2. Thermoplastic Polymers
3.5. Technology Overview
3.5.1. Hollow Technology
3.5.2. Foam Technology
3.6. Regulatory Framework
3.7. Market Dynamics
3.7.1. Market Driver Analysis
3.7.2. Market Restraint Analysis
3.7.3. Industry Challenges
3.7.3.1. Identification of New Market Avenues
3.7.3.2. Identification of Existing Substitutes to Current Product
3.7.3.3. End-user Behavior
3.8. Business Environment Analysis: Physical Vapor Deposition Market
3.8.1. Porter's Analysis
3.8.1.1. Supplier Power
3.8.1.2. Buyer Power
3.8.1.3. Substitution Threat
3.8.1.4. Threat from New Entrant
3.8.1.5. Competitive Rivalry
3.8.2. PESTEL Analysis
3.8.2.1. Political Landscape
3.8.2.2. Environmental Landscape
3.8.2.3. Social Landscape
3.8.2.4. Technology Landscape
3.8.2.5. Economic Landscape
3.8.2.6. Legal Landscape

Chapter 4. Wood plastic composite Market: Product Estimates & Trend Analysis
4.1. Definition & Scope
4.2. Wood plastic composite Market: Product Movement Analysis, 2019 & 2027
4.3. Polyethylene
4.3.1. Market Estimates and Forecasts, 2016 - 2027 (Kilotons) (USD Million)
4.4. Polypropylene
4.4.1. Market Estimates and Forecasts, 2016 - 2027 (Kilotons) (USD Million)
4.5. Polyvinylchloride
4.5.1. Market Estimates and Forecasts, 2016 - 2027 (Kilotons) (USD Million)
4.6. Others
4.6.1. Market Estimates and Forecasts, 2016 - 2027 (Kilotons) (USD Million)

Chapter 5. Wood plastic composite Market: Application Estimates & Trend Analysis
5.1. Definition & Scope
5.2. Wood plastic composite Market: Application Movement Analysis, 2019 & 2027
5.3. Building & Construction
5.3.1. Market Estimates and Forecasts, 2016 - 2027 (Kilotons) (USD Million)
5.3.2. Decking
5.3.2.1. Market Estimates and Forecasts, 2016 - 2027 (Kilotons) (USD Million)
5.3.3. Molding & Siding
5.3.3.1. Market Estimates and Forecasts, 2016 - 2027 (Kilotons) (USD Million)
5.3.4. Fencing
5.3.4.1. Market Estimates and Forecasts, 2016 - 2027 (Kilotons) (USD Million)
5.4. Automotive components
5.4.1. Market Estimates and Forecasts, 2016 - 2027 (Kilotons) (USD Million)
5.5. Industrial & consumer goods
5.5.1. Market Estimates and Forecasts, 2016 - 2027 (Kilotons) (USD Million)
5.6. Others
5.6.1. Market Estimates and Forecasts, 2016 - 2027 (Kilotons) (USD Million)

Chapter 6. Wood plastic composite Market: Regional Estimates & Trend Analysis
6.1. Regional Market Place: Key Takeaways
6.2. Regional Market Snapshot Market: Regional Movement Analysis, 2019 & 2027
6.3. North America
6.3.1. U.S.
6.3.2. Canada
6.3.3. Mexico
6.4. Europe
6.4.1. Germany
6.4.2. U.K.
6.4.3. France
6.4.4. Spain
6.4.5. Italy
6.4.6. Russia
6.4.7. Netherlands
6.4.8. Switzerland
6.5. Asia Pacific
6.5.1. China
6.5.2. India
6.5.3. Japan
6.5.4. Australia
6.5.5. South Korea
6.5.6. Thailand
6.5.7. Indonesia
6.5.8. Singapore
6.5.9. New Zealand
6.5.10. Philippines
6.6. Central & South America
6.6.1. Brazil
6.6.2. Argentina
6.6.3. Chile
6.7. Middle East & Africa
6.7.1. Saudi Arabia
6.7.2. South Africa
6.7.3. United Arab Emirates (UAE)
6.7.4. Egypt
6.7.5. Iran

Chapter 7. Competitive Landscape
7.1. Participant Categorization
7.2. Strategic Initiatives & Outcome Analysis
7.2.1. Mergers & Acquisitions
7.2.2. Joint Ventures/Partnerships
7.2.3. Production Capacity Expansion
7.3. Competitive Scenario
7.4. Vendor Landscape

Chapter 8. Company Profiles
8.1. Advanced Environmental Recycling Technologies, Inc. (AERT)
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.2. Axion Structural Innovations LLC
8.2.1. Company Overview
8.2.2. Product Benchmarking
8.3. Beologic N.V.
8.3.1. Company Overview
8.3.2. Product Benchmarking
8.4. CertainTeed Corporation
8.4.1. Company Overview
8.4.2. Product Benchmarking
8.4.3. Strategic Initiatives
8.5. Fiberon, LLC
8.5.1. Company Overview
8.5.2. Product Benchmarking
8.5.3. Strategic Initiatives
8.6. Fkur Kunststoff GmbH
8.6.1. Company Overview
8.6.2. Product Benchmarking
8.7. Guangzhou Kindwood Co. Ltd.
8.7.1. Company Overview
8.7.2. Product Benchmarking
8.8. Jelu-Werk Josef Ehrler GmbH & Co. KG
8.8.1. Company Overview
8.8.2. Product Benchmarking
8.9. Woodmass
8.9.1. Company Overview
8.9.2. Product Benchmarking
8.10. PolyPlank AB
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.11. Renolit
8.11.1. Company Overview
8.11.2. Product Benchmarking
8.12. TAMKO Building Products, Inc.
8.12.1. Company Overview
8.12.2. Product Benchmarking
8.13. TimberTech
8.13.1. Company Overview
8.13.2. Product Benchmarking
8.14. Trex Company, Inc.
8.14.1. Company Overview
8.14.2. Product Benchmarking
8.15. Universal Forest Product
8.15.1. Company Overview
8.15.2. Product Benchmarking

Chapter 9. KOL Commentary

Chapter 10. Analyst’s Perspectives
Note: Product cover images may vary from those shown
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  • Advanced Environmental Recycling Technologies, Inc. (AERT)
  • Axion Structural Innovations LLC
  • Beologic N.V.
  • CertainTeed Corporation
  • Fiberon, LLC
  • Fkur Kunststoff GmbH
  • Guangzhou Kindwood Co. Ltd.
  • Jelu-Werk Josef Ehrler GmbH & Co. KG
  • Woodmass
  • PolyPlank AB
  • Renolit
  • TAMKO Building Products, Inc.
  • TimberTech
  • Trex Company, Inc.
  • Universal Forest Product
Note: Product cover images may vary from those shown
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