Wood-Plastic Composites Market is Expected to Reach USD 5.39 Billion in 2019
Transparency Market Research has published a new research report titled “Wood-Plastic Composites Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019” to their report store.
Growth in construction and automobile industries coupled with the implementation of stringent environmental regulations in developed countries is expected to drive the global wood-plastic composites market from 2013 to 2019.
Wood-plastic composites are sub-sets of a larger category of natural fiber plastic composites (NFPCs). Wood-plastic composites are manufactured from wood flour and thermoplastics such as polyethylene, polypropylene and polyvinyl chloride. These composites are produced by mixing ground wood particles and heated thermoplastic resins. Wood-plastic composites can be manufactured with either virgin or recycled thermoplastic resins. Being water, weather and mould resistant, this material can be used for various outdoor applications; whereas untreated or chemically treated timber products are not as suited to weatherability as wood-plastic composites products.
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The study includes a detailed analysis of the global wood-plastic composites market considering 2012 as the base year. The study forecasts the market up to 2019. The report includes in-depth analysis of the global wood-plastic composites market in terms of volume (kilo tons) and revenue (USD million) from 2012 to 2019. The report includes several graphs and tables that give a detailed explanation of various facts and findings of the global wood-plastic composites market. Various authenticated sources were used to validate our findings during the course of research. Along with the secondary research several interviews were conducted with key opinion leaders during the course of the study. Thus, this study includes in dept analysis after considering all the factors by validating them through secondary and primary research. Several governmental regulations were studied in depth before analyzing their effect on the wood-plastic composites market.</p>
The study segments the market based on products such as polyethylene wood-plastic composites, polypropylene wood-plastic composites, polyvinyl chloride wood-plastic composites and others (including acrylonitrile butadiene styrene (ABS), polystyrene (PS) and polylactide (PLA)). The report also includes various applications of wood-plastic composites such as building & construction, automobiles, electrical and others (including consumer products). Each product and application is further studied as per its regional demand from 2012 to 2019. The report includes analysis of major geographical regions such as North America, Europe, Asia Pacific and Rest of the World.
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The report provides a detailed view on the overall market competition by using analytical tools such as Porter's Five Forces model. The model provides an in-depth analysis of the impact of buyers, suppliers, substitutes, new entrants and degree of competition on the global wood-plastic composites market. The report comprises a detailed analysis of various components through the value chain analysis in order to study value addition at each stage. The report gives the degree of integration that is exhibited by the companies present in the market.
The report also includes company profiles of major market participants such as Advanced Environmental Recycling Technologies (AERT), CPG International, Fiberon LLC, Trex Company Inc., Polymera Inc. and Fineko. Company profiles include market overview, business strategy, SWOT analysis and recent developments.
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