The wood plastic composites produced by the Wood Plastic Composites Market are the combination of wood fibers and synthetic resin. Synthetic resins are thermoplastics namely polyethylene or Polyvinyl Chloride. Wood is in the form of sawdust or wood flours. The wood fibers are recycled pines.
The wood composite is manufactured by mixing of the wood flours with heated thermoplastic resins. It is followed by extrusion where the mixtures are converted into the desired product. The Wood Plastic Composites Market is applicable in building and constructions, furniture and infrastructure applications.
Scope & Regional Forecast of the Wood Plastic Composites Market
The Wood Plastic Composites Market is boosted by the high availability of the non-utilized plastic and wood wastes, and the increasing demand from building and construction applications, strict regulations on the use of chemicals in building materials. Rise in the cost of raw materials and issues related to the mechanical strength can hamper the growth of the market. However, increase in the implementation of biodegradable materials will create an opportunity for wood plastic.
The automotive components segment is the most lucrative segment in the Wood Plastic Composites Market. This is due to the high demand for recyclable, dimensionally stable, and lightweight materials for interior automotive parts. Asia Pacific will show high growth for composite wood during the forecast period. The growing demand for wpc products as a low cost and environmentally substitute to plastic and steel components in construction applications will boost the growth of the market.
The application of the wood composite material for manufacturing toys, pencils, cups, lipsticks, and high class packaging will drive the Wood Plastic Composites Market. The wood composite plastic is used in garden furniture, benches, docks, sheet pilings, doors and sidings due to its high durability and performance.
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Segmentations & Key Players Involved in the Wood Plastic Composites Market
The Wood Plastic Composites Market be broken down into various segmentations on the basis of –
- Types- Polyethylene, PVC, and Other Thermoplastics.
- Applications-Building Material Industry, Automotive Industry, Industrial and Infrastructure Industry.
- Region- USA, EU, China, and Japan.
Some of the key players involved in the Wood Plastic Composites Market are as follows:
- Advanced Environmental Recycling Technologies
- CPG International
- American Wood Fibers
- AMSCO Windows
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