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The U.S. wood plastic composite market size was valued at USD 1.90 billion in 2017. The market is primarily driven by growing demand from construction industry owing to rapid infrastructure development in U.S. Furthermore, demand from automotive industry is projected to fuel demand.
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Your Catalyst To a Lucrative Business U.S. Wood Plastic Composite Market Size, Share, Analysis, Growth, Trends and Forecasts to 2025 | Hexa Research “U.S. wood plastic composite market size is anticipated to reach USD 4.54 billion by 2025 owing to increasing demand from construction sector.” 31 October 2018, The U.S. Wood Plastic Composite Market size is anticipated to reach USD 4.54 billion by 2025 owing to increasing demand from construction sector. Rising awareness regarding properties of wood plastic composites (WPCs) such as better thermal stability, recyclability, and stiffness is expected to propel market growth over the forecast period. Furthermore, rising application scope in landscaping and street constructions due to noise barrier characteristics coupled with booming construction and automotive industries are expected to fuel regional market expansion. Rising application of WPC for manufacturing various consumer goods such as pencils, toys, lipsticks, cups, and high-class packaging is projected to propel demand in near future. In terms of revenue, polyethylene held larger market share owing to extensive applications in high performance operations such as construction and packaging. Moreover, eco-friendliness of this composite is expected to complement market. Polyvinylchloride is expected to be the fastest growing segment over the forecast period as it is widely used across automotive, furniture, and construction industries. Commercial WPCs used in manufacturing high-end furniture, automotive units for luxurious cars, and other wooden infrastructure, make heavy use of polyvinylchloride as a raw material. Browse Details of Report @ https://www.hexaresearch.com/research-report/us-wood-plastic-composite-market Follow Us:
Your Catalyst To a Lucrative Business Automotive is expected to be the fastest growing application segment in the wood plastic composite market over the forecast period. WPCs are increasingly being used in manufacturing car interiors, door panels, and seat cushions owing to their high machinability. This factor is projected to provide growth opportunity in the forthcoming years. WPC is used in high- and mid-range passenger vehicle manufacturing. Rising demand for lightweight automotive to boost fuel efficiency and to reduce carbon emissions is expected to propel market growth. Improving economy in U.S. is expected to drive demand for commercial and residential construction and renovation activities. Rising high income population resulting in higher spending power is expected to propel demand for high-end vehicles. Decking application is expected to witness expansion at a significant CAGR owing to dimensional stability, low maintenance cost, and extended life span of wood plastic composite. Increasing consumer demand for products with high aesthetic appeal and longevity is expected to propel the market over the forecast period. Wood plastic composite also prevents growth of mold and premature aging of deck, thus increasing adoption in manufactuing decks. The U.S. wood plastic composite market is moderately consolidated, with presence of numerous manufacturers. Companies are adopting backward integration strategy to compete in growing marketplace. Backward integration provides competitiveness over price and quality. Furthermore, companies are investing in research and development activities to innovate products with more strength and durability. Prominent companies include Advanced Environmental Recycling Technologies, Inc.; Axion International, Inc.; CertainTeed Corporation; and Fiberon, LLC. Few large companies such as Cairn International and Entec have raw material extraction and purification units for manufacturing Polyethylene (PE), Polypropylene (PP), and Polyvinylchloride (PVC) among other products. Hexa Research has segmented the U.S. wood plastic composite market report based on product, application and end use Segmentation by Product • Polyethylene • Polyvinylchloride • Polypropylene • Others Segmentation by Application • Building & Construction • Automotive • Industrial & Consumer Goods • Others Segmentation by End Use • Decking • Molding & Siding • Fencing Key players analyzed: • Advanced Environmental Recycling Technologies, Inc. (AERT) • Axion Structural Innovations LLC • CetainTeed Corporation Follow Us:
Your Catalyst To a Lucrative Business • Fiberon • Fkur Kunststoff GmbH • Renolit • TAMKO Building Products, Inc. • TimberTech • Trex Company, Inc. • Universal Forest Product Browse Related Category Market Reports@ https://www.hexaresearch.com/research-category/advanced- materials-industry Follow Us:
Your Catalyst To a Lucrative Business Table of Content ofU.S. Wood Plastic Composite Market Chapter 1. Research Methodology 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources Chapter 2. Executive Summary Chapter 3. U.S. Wood Plastic Composite Industry Outlook 3.1 U.S. wood plastic composite - Market segmentation 3.2 U.S. wood plastic composite market size and growth prospects, 2014 - 2025 3.3 U.S. wood plastic composite - Value chain analysis 3.3.1 Vendor landscape 3.4 Raw material outlook 3.4.1 Wood/Wood Pellets 3.4.2 Thermoplastic Polymers 3.4.2.1 Nature of Thermoplastic Polymers in manufacturing of Wood Plastic Composite 3.5 Technology overview 3.5.1 Hollow Technology and Foam Technology. 3.5.1.1 Hollow Technology 3.5.1.2 Foam Technology 3.6 Regulatory framework 3.7 U.S. wood plastic composite - Market dynamics 3.7.1 Market driver analysis 3.7.1.1 Rising U.S. construction industry 3.7.1.2 Growing application in automotive industry 3.7.2 Market restraint analysis 3.7.2.1 Development of other natural fiber composites 3.8 U.S. wood plastic composite - Key opportunities prioritized 3.9 U.S. wood plastic composite - Porter’s analysis 3.10 U.S. wood plastic composite - competitive scenario, 2015 3.11 U.S. wood plastic composite - PESTEL analysis 3.12 List of suppliers and distributors Chapter 4. U.S. Wood Plastic Composite Product Outlook 4.1 U.S. Wood Plastic Composite Market: Product movement analysis, 2016 & 2025 4.2 Polyethylene 4.2.1 U.S. polyethylene wood plastic composite market estimates and forecasts, 2014 - 2025 Follow Us:
Your Catalyst To a Lucrative Business (Kilotons) (USD Million) 4.3 Polyvinylchloride 4.3.1 U.S. polyvinylchloride wood plastic composite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million) 4.4 Polypropylene 4.4.1 U.S. polypropylene wood plastic composite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million) 4.5 Others 4.5.1 U.S. others wood plastic composite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million) Chapter 5. U.S. Wood Plastic Composite Application Outlook 5.1 U.S. Wood Plastic Composite Market: Application movement analysis, 2016 & 2025 5.2 Building & Construction 5.2.1 U.S. building & construction wood plastic composite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million) 5.3 Automotive 5.3.1 U.S. automotive wood plastic composite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million) 5.4 Industrial & consumer goods 5.4.1 U.S. industrial & consumer goods wood plastic composite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million) 5.5 Others 5.5.1 U.S. others wood plastic composite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million) Chapter 6. Wood Plastic Composite End-use Outlook 6.1 Wood Plastic Composite Market: End-use movement analysis, 2016 & 2025 6.2 Decking 6.2.1 U.S. decking wood plastic composite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million) 6.3 Molding and siding 6.3.1 U.S. molding and siding wood plastic composite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million) 6.4 Fencing 6.4.1 U.S. fencing wood plastic composite market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million) Chapter 7. Competitive Landscape Follow Us:
Your Catalyst To a Lucrative Business 7.1 Advanced Environmental Recycling Technologies, Inc. (AERT). 7.1.1 Company Overview 7.1.2 Financial Performance 7.1.3 Product Benchmarking 7.1.4 Strategic Initiatives 7.2 Axion Structural Innovations LLC 7.2.1 Company Overview 7.2.2 Financial Performance 7.2.3 Product Benchmarking 7.3 CetainTeed Corporation 7.3.1 Company Overview 7.3.2 Financial Performance 7.3.3 Product Benchmarking 7.3.4 Strategic Initiatives 7.4 Fiberon 7.4.1 Company Overview 7.4.2 Financial Performance 7.4.3 Product Benchmarking 7.4.4 Strategic Initiatives 7.5 Fkur Kunststoff GmbH 7.5.1 Company Overview 7.5.2 Financial Performance 7.5.3 Product Benchmarking 7.5.4 Strategic Initiatives 7.6 Renolit 7.6.1 Company Overview 7.6.2 Financial Performance 7.6.3 Product Benchmarking 7.6.4 Strategic Initiatives 7.7 TAMKO Building Products, Inc. 7.7.1 Company Overview 7.7.2 Financial Performance 7.7.3 Product Benchmarking 7.7.4 Strategic Initiatives 7.8 TimberTech 7.8.1 Company Overview Follow Us:
Your Catalyst To a Lucrative Business 7.8.2 Financial Performance 7.8.3 Product Benchmarking 7.8.4 Strategic Initiatives. 7.9 Trex Company, Inc. 7.9.1 Company Overview 7.9.2 Financial Performance 7.9.3 Product Benchmarking 7.9.4 Strategic Initiatives 7.10 Universal Forest Product 7.10.1 Company Overview 7.10.2 Financial Performance 7.10.3 Product Benchmarking 7.10.4 Strategic Initiatives Follow Us:
Your Catalyst To a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - https://www.hexaresearch.com Follow Us: