The wood-plastic composites market in Canada has also been experiencing a positive growth in recent times due to rising demand from various application segments. The major focus of the wood-plastic composites market has been on the production of composite deck boards and railing systems.
Global Wood Plastic Composite (WPC) Market Analysis & Trends Report 2017: Market is Poised to Grow at a CAGR of Around 13.2% to Reach Approximately $9.7 Billion by 2025 - Research and Markets
Wood-Plastic Composites Market – Opportunity Assessment 2019 Ganesh Rajput September 20 2017 0 According to a new report published by Transparency Market Research (TMR) the global wood-plastic composites market demonstrates a highly fragmented and a competitive landscape.
Analysts at Zion Market Research claim that the global wood plastic composites market was capitalized at USD 4.37 Billion in 2016 and is likely to cross USD 8.76 Billion in 2022 developing at a CAGR of 12.3% from 2017 to 2022. Global wood plastic composites market stood at almost 4262.3 kilotons in terms of volume in 2016.
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Wood plastic composites are an important and growing segment of the forest products industry. This industry segment has grown in double digit percentages annually for the past decade.
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.
Technavios market research analyst predicts the wood plastic composites market to Science and Technology; wood plastic composite floor Wood plastic composite Wikipedia people in the flooring industry Wood plastic composites were first introduced into the decking market claim that wood plastic composite is more
Recent activities in flame retardancy of wood-plastic composites at.rate of the WPC market is 22% for North America and 51% for Europe [Haider and.of WPC decking that is largely responsible for the growth of WPCs.
The global wood plastic composite market is expected to reach USD 9.77 billion by 2024 according to a new report by Grand View Research Inc. Increasing demand for wood plastic composites in construction industry particularly in decking fencing and molding & siding applications is expected to be the key driver for the market growth.
Global Wood Plastic Composites Market was valued at $2551 million in 2016 and is expected to reach at $6584 million by 2023 registering a CAGR of 12.6% from 2017 to 2023. 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.
22 Wood Plastic Composites Market is a new class of composite materials that is becoming main-stream by technology and development. Wood plastic composites are becoming favored materials in building and constructions furniture and infrastructure applications.
Wood Plastic Composites - InTech. Sep 9 2011 2004). Wood plastic composite (WPC) is a product which could be based; thus the finding that the WPC market is increasing is not a surprise (Falk 1997)technology which called for developing a simple reliable cheap. Get-Prices