Title: Wood Plastic Composites (WPC) Market - Forecast(2022 - 2027)
1Wood Plastic Composites (WPC) Market -
Forecast(2022 - 2027)
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- Wood Plastic Composites (WPC) Market is
forecast to reach 7.4 billion by 2026, after
growing at a CAGR of 11.4 during 2021-2026. - Wood Plastic Composite is a composite material
made from sawdust and plastic as a polymer like
PE-based Composites, recycled plastics, Polyvinyl
chloride (PVC) based, and Polypropylene (PP),
which better bonding and provide sustainability,
longevity, and cost savings in a wide array of
applications such as car interiors, home
furniture, and kitchen accessories.
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- Key Takeaways from this Report
- Wood Plastic Composites are made from recycled
materials or byproducts from the furniture
industry, thereby reducing deforestation.
Increasing environmental concerns and stringent
government regulation boosts the growth of the
Wood-Plastic Composites (WPC) market. - Growing demand for recyclable materials in the
automobile industry also augment the wood-plastic
composites market.
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By Distribution Channel- Segment Analysis Based
on the end-use industry, the automotive segment
held the largest share of more than 25 in the
Wood Plastic Composites (WPC) market. The growing
trend for lightweight vehicles with miniatured
engine compartments increases the demand for
wood-plastic composites. Wood-plastic composites
are used in engine compartments and in automotive
applications for manufacturing door panels,
luggage cabin linings, and dashboards to enhance
mechanical strength and acoustic performance,
reduce material weight, and lower production cost.
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- Wood Plastic Composites (WPC) Market Industry
Outlook - 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
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Wood Plastic Composites (WPC) Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/164
15/wood-plastic-composites-wpc-market.html
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Contact (1) 970-236-3677
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