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Wood Plastic Composite Market 2020 Size SWOT Analysis of Top Key Player Forecasts To 2025

Wood Plastic Composite Market by Type, Application and by Region (North America, Europe, Asia Pacific, Middle East and Africa and South America), Global Forecasts 2020 to 2025

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Wood Plastic Composite Market 2020 Size SWOT Analysis of Top Key Player Forecasts To 2025

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  1. Adroit Market Research Wood Plastic Composite Wood Plastic CompositeMarket Market by Type (Polyethylene, Polyvinylchloride, Polypropylene, Others), Application (Automotive, Building and Construction, Industrial and Consumer Goods, Others) and Region, Global Forecasts 2020 to 2025 Single Use License: US$ 4400 Request Sample +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

  2. Adroit Market Research Global Global Wood Plastic Composite Wood Plastic Composite Market Size 2025 2025 Market Size and Share and Share- -Global Forecast to Global Forecast to • The global wood plastic composites market is projected to reach more than 7 million tons by 2025. Wood plastic composites (WPC) are compounds comprising recycled plastic and wood wastes with beneficial features such as reduced melting temperature resulting in lower energy costs for producers and further reducing the product’s environmental impact. • However, higher costs for raw materials and mechanical strength and/or weight problems hamper their ability for various structural applications. On the other hand, the increased use of biodegradable raw materials in the global WPC industry is expected to generate opportunities. • Based on type, the global WPC market is segmented into Polyethylene, Polyvinylchloride, Polypropylene, others. Among this, Polyethylene is projected to dominate the market owing to its better properties. Moreover, the rising demand for polyethylene composites in the automotive industry owing to its low cost, high stiffness, and biodegradability is expected to further propel market growth over the coming years. • The procedure requires complex equipment and qualified workers hence increasing the overall cost of the product. In addition, a growing market for environmentally friendly low maintenance and high-performance products is anticipated in the next five years to raise global demand for wood-plastic composites. In terms of application, the global market is divided into Automotive, Building and Construction, Industrial and Consumer Goods, Others. +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

  3. Adroit Market Research Global Global Wood Plastic Composite Wood Plastic Composite Market 2025 2025 Market Size and Share Size and Share- -Global Forecast to Global Forecast to • In terms of type the global wood plastic composite market is categorized into Polyethylene, Polyvinylchloride, Polypropylene, Others. Polyethylene holds the major market revenue as well as volume share in the year 2019 and is projected to show similar trend over the forecast period. However, fluctuating raw material prices is the key factor hindering the growth of this market. • In terms of application, the global WPC market is segmented into Automotive, Building and Construction, Industrial and Consumer Goods, Others. Currently, building and construction holds the major market share across the global WPC market and is projected to show similar trend over the forecast period followed by automotive, industrial goods and others. • The global market of wood plastic composites is also segmented into various geographies such as North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America. North America accounted for a major market revenue share. Due to the growing application reach of the wood plastic composite, demand is expected to rise considerably over the next six years in the US. Market players have adopted merger as their key strategy to widen their brand portfolios and expand their market reach. • Key players include Trex Company, Inc., Axion Structural Innovations LLC, Beologic N.V., Oldcastle Architectural Inc., CertainTeed Corporation, Fiberon, LLC, Fkur Kunststoff GmbH, Guangzhou Kindwood Co. Ltd., Jelu-Werk Josef Ehrler GmbH & Co. KG, Woodmass, PolyPlank AB, Renolit, TAMKO Building Products, Inc +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

  4. Adroit Market Research Global Global Wood Plastic Composite Wood Plastic Composite Market Size 2025 2025 Market Size and Share and Share- -Global Forecast to Global Forecast to • Key segments across Wood plastic composite market • Type Overview, 2018-2025, (USD Billion) (Million Tons) • Polyethylene • Polyvinylchloride • Polypropylene • Others • Applications Overview, 2018-2025, (USD Billion) (Million Tons) • Automotive • Building and Construction • Industrial and Consumer Goods • Others • Regional Overview, 2018-2025, (USD Billion) (Million Tons) • North America • Europe • Asia Pacific • Central & South America • Middle East & Africa +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

  5. Adroit Market Research About Us About Us Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more. Contact Us US Headquarters Phone: +1 (214) 884-6068 Email: sales@adroitmarketresearch.com 3131 McKinney Ave Ste 600 Dallas, TX 75204 ,U.S.A +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

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