Feb 7, 2017 Global wood plastic composites market is expected to reach USD 8.76 billion in 2022, growing at a CAGR of 12.3% between 2017 and 2022.
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The Asia Pacific is estimated to witness major growth in the Wood Plastic Composite industry due to the fast development of automotive & construction industry. Growing disposable income, followed with shifting consumer lifestyle in the developing economies, including India, Thailand and Indonesia, is forecasted to drive
Aug 9, 2017 Asia Pacific is projected to have the fastest growth, owing to Initiatives taken by governments to promote growth in the manufacturing sectors will further aid the growth of the wood-plastic composites market in developing nations such as China and India in this region. Companies Mentioned. Seventrust Company
Asia-Pacific possesses maximum potential for growth in the global wood plastic composites market, on account of the high demand from the automotive & construction sector. The European countries, such as Germany, UK, and France, are expected to witness high demand for wood plastic composites, owing to stringent
Dec 17, 2017 high-density polyethylene (HDPE) to manufacture wood-plastic composites (WPCs) by a flat platen pressing process. Three common fast-growing plantation species and one common economical composite processes and help estimate the influence of the thermal decomposition of natural fibers on.
Not only has this market nicely matured with a broad spectrum of quality products, including decking, fencing, railing, trim and automotive parts, but its growth pattern is strong. This according to a new study from India-based global market research firm MarketsandMarkets, “Wood Plastic Composite Market by Type (PE, PVC,
The wood-plastic composites market is projected to reach USD 5.84 Billion by 2021, at a CAGR of 12.4% from 2016 to 2021. Based on .. China, Japan, and India are the largest economies in Asia-Pacific and have more opportunities for the growth of wood-plastic composites market in near future. Initiatives taken by
The industry is expected to witness significant growth over the forecast period owing to the fluctuating petrochemical prices and intensified environmental concerns. Wood processing and plastic manufacturers are expected to shift towards wood plastic composite manufacturing owing to similar manufacturing technology,
Jul 13, 2013 The global market for applications of wood-plastic composites (WPCs), cellulosic plastics, plastic lumber and natural fiber composites was estimated at about 2.4 mln metric tons in 2011. By 2016, it is estimated at nearly 4.6 mln metric tons and rising at a robust compound annual growth rate (CAGR) of
Asia Pacific will dominate the Wood Plastic composites market. Growth of construction industries in developing economies like India and China will drive the wood plastic composites market. Increasing use of wood plastic composites in infrastructure development will boost the wood plastic composites market. Asia Pacific is
Mar 8, 2018 Global Wood Plastic Composite (WPC) Market is anticipated to grow at a higher CAGR in the estimated period and is expected to grow consistently in the This report studies Wood Plastic Composite (WPC) in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India,
Mar 12, 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, creating a market for nearly four billion pounds of plastic. A rebound in new housing completions from the low 2013 level and gains in residential improvement and repair
Global wood-plastic composites market was valued at USD 3.3 billion in 2014, and is expected to reach USD 6.0 billion in 2020, growing at a CAGR 10.5% by Asia Pacific, Latin America and Rest of the World with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and
Nov 20, 2017 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 Asia Pacific is expected to grow at the highest rate mainly due to increased construction activities and investments, especially in China and India.
Mar 10, 2017 According to the latest market study released by Technavio, the global wood plastic composites (WPC) market is expected to reach USD 5991.2 million b. the increasing production of composites and the rise in demand from regions such as South America and countries such as Russia, China, and India.
North America is the largest market for wood-plastic composites in the world, and the markets in this region are expected to grow at a healthy rate. Also, increased demand from countries such as India and Japan, due to the increasing usage in outdoor applications, and demand from the building and construction industry,
Jun 13, 2016 According to the new report published by Grand View research, the global Wood Plastic Composite Market is expected to reach USD 9.77 billion by 2024, in construction industry particularly in decking, fencing, and molding & siding applications is expected to be the key driver for the market growth.
Wood-Plastic Composites (WPC) Market by Resin (Polyethylene, Polyvinylchloride, Polypropylene, and Others), by End Use Industry (Building & Construction, Automotive, Consumer Goods, and Building & Construction segment is expected to remain the growth engine of the global WPC market during the forecast period.
Better recyclability, thermal stability, and stiffness offered by the wood plastic composites are expected to open new avenues for the industry growth over the next India, Indonesia, and Thailand is expected to boost demand for premium cars in the region, which in turn is likely to have a positive impact on the wood plastic
Global Wood-Plastic Composites Market: Increase in Building and Construction Activities to Boost Demand, Says TMR Polyethylene wood-plastic composites have emerged as the most valued product in this market and the trend is projected to remain so over the next few years, states the research report. Demand for