Wood-plastic Composites Market – Global Forecast to 2028
木材・プラスチック複合材市場 : タイプ (ポリエチレン、ポリ塩化ビニル、プロピレン)、用途 (建築＆建設製品、自動車部品、産業＆消費財)、地域 (北米、ヨーロッパ、APAC、MEA) – 2028年までの世界予測
Wood-plastic Composites Market by Type (Polyethylene, Polyvinylchloride, propylene), Application (Building & construction Products, Automotive Components, Industrial & Consumer Goods), & Region (North America, Europe, APAC, MEA) – Global Forecast to 2028
Report Overview
The wood-plastic composites market is projected to grow from USD 7.5 billion in 2023 to USD 11.9 billion by 2028, at a CAGR of 9.8% during the forecast period. Polypropylene with higher MFR fills the plastic mold more easily, during the injection or blow-molding production process. However, as the melt flow increases, some physical properties, such as impact strength, decrease. Polyethylene is classified into several different categories based mostly on density and branching. The mechanical properties of polypropylene depend significantly on variables, such as the extent and type of branching, the crystal structure, and the molecular weight.
The report provides insights on the following pointers:
• Analysis of key drivers (Increasing adoption in automotive components application, recyclability, and favourable government regulations regarding the use of environmentally-friendly products), restraints (Fluctuating raw material costs, rigidity issues and impact under heavy loads), opportunities (Increasing market penetration into automotive components, High volume production of automotive components), and challenges (Dominance of carbon fiber and glass fiber into composites industry, Life-cycle improvements) influencing the growth of the wood-plastic composites market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the wood-plastic composites market
• Market Development: Comprehensive information about lucrative markets – the report analyses the wood-plastic composites market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the wood-plastic composites market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Trex Company, Inc., (US), MoistureShield (US), UFP Industries, Inc. (US), Fiberon (US), TimberTech (US), TAMKO Building Products LLC (US), Beologic (Belgium), FKuR Kunstsoff GmbH (Germany), JELU-WERK J. Ehrler GmbH & Co. KG (Germany), and Green Dot Bioplastics, Inc. (US). among others in the wood-plastic composites market