Wood Plastic Composite

Wood Plastic Composite Market Size to Exceed US$ 17.56 Billion by 2030 | Says Precedence Research

According to Precedence Research, during the forecast period of 2022 to 2030, the global wood plastic composite market is estimated to develop at a compound annual growth rate (CAGR) of 12.38%. The global wood plastic composite market was valued at USD 6.14 billion in 2021, and it is predicted to exceed USD 17.56 billion by 2030. The study investigates several elements and their consequences on the growth of the wood plastic composite market.

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This report focuses on wood plastic composite market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall wood plastic composite market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.

Report Scope of the Wood Plastic Composite Market 

Report Coverage Details
Market Size in 2022 USD 6.9 Billion
Market Size by 2030 USD 17.56 Billion
Growth Rate from 2022 to 2030 CAGR of 12.38%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Application, Type, Geography

The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

In-Depth Analysis on Competitive Landscape

The report sheds light on leading manufacturers of wood plastic composite, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of wood plastic composite has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the wood plastic composite market.

Some of the prominent players in the wood plastic composite market include:

  • Advanced Environmental Recycling Technologies, Inc. (AERT) (U.S.)
  • AIMPLAS (Valencia)
  • Axion Structural Innovations LLC (U.S.)
  • Beologic N.V. (Belgium)
  • CertainTeed Corporation (U.S.)
  • Croda International Plc (UK)
  • Dow (Michigan)
  • Fiberon, LLC (U.S.)
  • Fkur Kunststoff GmbH (Germany)
  • Fortune Brands Inc. (U.S)
  • HARDY SMITH (India)
  • Jelu-Werk Josef Ehrler GmbH & Co. KG (Germany)
  • Meghmani Group (India)
  • Polymera, Inc. (U.S.)
  • PolyPlank AB (Sweden)
  • Seven Trust (China)
  • TAMKO Building Products, Inc. (U.S.)
  • TimberTech (U.S.)
  • Trex Company, Inc. (U.S.)
  • Universal Forest Products, Inc. (U.S.)
  • Woodmass (U.S)

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Segments Covered in the Report

By Application

  • Building and Construction
    • Decking
    • Molding & siding
    • Fencing
  • Automotive Components
  • Industrial and Consumer Goods
  • Others

By Type

  • Polyethylene
  • Polyvinylchloride
  • Polypropylene
  • Other

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Some of the important ones are:

  • What can be the best investment choices for venturing into new product and service lines?
  • What value propositions should businesses aim at while making new research and development funding?
  • Which regulations will be most helpful for stakeholders to boost their supply chain network?
  • Which regions might see the demand maturing in certain segments in near future?
  • What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
  • Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
  • Which government regulations might challenge the status of key regional markets?
  • How will the emerging political and economic scenario affect opportunities in key growth areas?
  • What are some of the value-grab opportunities in various segments?
  • What will be the barrier to entry for new players in the market?

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Wood Plastic Composite Market 

5.1. COVID-19 Landscape: Wood Plastic Composite Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Wood Plastic Composite Market, By Application

8.1. Wood Plastic Composite Market, by Application, 2022-2030

8.1.1. Building and Construction

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Automotive Components

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Industrial and Consumer Goods

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Others

8.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Wood Plastic Composite Market, By Type

9.1. Wood Plastic Composite Market, by Type, 2022-2030

9.1.1. Polyethylene

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Polyvinylchloride

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Polypropylene

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Wood Plastic Composite Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Application (2017-2030)

10.1.2. Market Revenue and Forecast, by Type (2017-2030)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Application (2017-2030)

10.1.3.2. Market Revenue and Forecast, by Type (2017-2030)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Application (2017-2030)

10.1.4.2. Market Revenue and Forecast, by Type (2017-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Application (2017-2030)

10.2.2. Market Revenue and Forecast, by Type (2017-2030)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Application (2017-2030)

10.2.3.2. Market Revenue and Forecast, by Type (2017-2030)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Application (2017-2030)

10.2.4.2. Market Revenue and Forecast, by Type (2017-2030)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Application (2017-2030)

10.2.5.2. Market Revenue and Forecast, by Type (2017-2030)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Application (2017-2030)

10.2.6.2. Market Revenue and Forecast, by Type (2017-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Application (2017-2030)

10.3.2. Market Revenue and Forecast, by Type (2017-2030)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Application (2017-2030)

10.3.3.2. Market Revenue and Forecast, by Type (2017-2030)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Application (2017-2030)

10.3.4.2. Market Revenue and Forecast, by Type (2017-2030)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Application (2017-2030)

10.3.5.2. Market Revenue and Forecast, by Type (2017-2030)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Application (2017-2030)

10.3.6.2. Market Revenue and Forecast, by Type (2017-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Application (2017-2030)

10.4.2. Market Revenue and Forecast, by Type (2017-2030)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Application (2017-2030)

10.4.3.2. Market Revenue and Forecast, by Type (2017-2030)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Application (2017-2030)

10.4.4.2. Market Revenue and Forecast, by Type (2017-2030)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Application (2017-2030)

10.4.5.2. Market Revenue and Forecast, by Type (2017-2030)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Application (2017-2030)

10.4.6.2. Market Revenue and Forecast, by Type (2017-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Application (2017-2030)

10.5.2. Market Revenue and Forecast, by Type (2017-2030)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Application (2017-2030)

10.5.3.2. Market Revenue and Forecast, by Type (2017-2030)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Application (2017-2030)

10.5.4.2. Market Revenue and Forecast, by Type (2017-2030)

Chapter 11. Company Profiles

11.1. Advanced Environmental Recycling Technologies, Inc. (AERT) (U.S.)

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. AIMPLAS (Valencia

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Axion Structural Innovations LLC (U.S.)

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Beologic N.V. (Belgium)

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. CertainTeed Corporation (U.S.)

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Croda International Plc (UK)

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Dow (Michigan

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Fiberon, LLC (U.S.)

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Fkur Kunststoff GmbH (Germany)

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Fortune Brands Inc. (U.S)

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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