the freedonia group also produced a study entitled composite and plastic lumber that examines trends in wood/plastic composites. this research highlights projected growth in demand for wood-plastic composite and plastic lumber in the us, which is forecast to expand nearly twelve percent per annum through 2008 to $3.1 billion.
german demand for wood plastic composites demand in automotive industry was valued at over usd 30 million in 2015. rapid growth of the automotive sector in the region, coupled with the presence of key automotive companies, such as bmw, audi, opel, daimler ag and volkswagen, is expected to boost demand for wood plastic composite market over the projected period.
this report forecasts us wood-plastic composite wpc decking demand in lineal feet and us dollars at the manufacturers' level to 2020. total demand in both area and value terms is segmented by type in terms of:
the global wood plastic composite wpc market is projected to be us$ 4,033.5 mn in 2019 to reach us$ 9,953.8 mn by 2029 at a cagr of 9.5%. wpcs commonly known as wood-plastic composites are composites manufactured from wood flour filler and thermoplastic resins, though thermoset resins and naturally derived resin systems may also be used.
demand for wood-plastic composite and plastic lumber in the united states is projected to advance more than 13 percent per year to $5.4 demand for wood-plastic composites forecast to grow - friday offcuts
increases in overall construction activity will support demand gains for both types of alternative lumber through 2018, but wood-plastic composite demand will rise at a quicker pace than demand
further key findings from the report suggest: excellent molecular bonding stability and structure offered by polypropylene, which makes the product robust, is expected to be a key factor for the product demand. europe demand for wood plastic composites in automotive applications was valued over usd 65 million in 2015.
sep 23, 2019 the expresswire -- wood plastic composites market analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. global
this report forecasts us wood-plastic composite wpc decking demand in lineal feet and us dollars at the manufacturers' level to 2020. total demand in both area and value terms is segmented by type in terms of: wood-polyethylene and other types.
home chemicals and materials united states wood plastic composite market provides an in-depth insight of sales analysis inc. u.s. and seven trust company chemicals and materials united states wood plastic composite market provides an in-depth insight of sales analysis inc. u.s. and seven trust company
the u.s. wood plastic composite market size was valued at usd 1.90 billion in 2017. the market is primarily driven by growing demand from construction industry owing to rapid infrastructure development in u.s. furthermore, demand from automotive industry is projected to fuel demand.
global wood plastic composite market is estimated to grow to us$6.173 billion by 2022 from us$4.351 billion in 2017 at a cagr of 7.25% over the forecast period. the major driving factors of the wood plastic composite market are some of the advantages which these plastic composites offer like low-maintenance, high-performance and low-cost
- the demand for wood-plastic composites for construction applications may be driven by the countrys strong construction sector. german construction companies are benefiting from the soaring demand for real estate, increasing investments in buildings, and high state spending on infrastructure.
wood plastic composite industry 2018-2019 forecasts for global 12 mar 2015 us demand for wood-plastic composite and plastic lumber is expected to increase more than 10 percent annually to $8.4 billion in 2018,