The global Wood Plastic Composites (WPC) market is poised for further growth, driven by the increasing demand for sustainable and eco-friendly materials, advantages over traditional materials, growing demand for outdoor living products, positive momentum in the residential repair and remodeling sector and growth in overall construction and infrastructure development activities across the globe. With ongoing conversion from wood and a growing emphasis on sustainability, the WPC products market is expected to continue expanding in the coming years.

Asia-Pacific is the world's largest volume market for Wood Plastic Composites (WPC), estimated at 57% market share in 2023, which is also likely to record a healthy 2023-2029 CAGR of 7% during the same period. Demand for Wood Plastic Composites (WPC) in South America and Rest of World regions is anticipated to post robust CAGRs of 9.8% and 8.4% respectively during the forecast period.

Research Findings & Coverage

  • Global market for Wood Plastic Composites (WPC) analyzed in this report with respect to plastic types, applications, major geographic regions and key countries
  • The market share analysis covered for Wood Plastic Composites (WPC) based on the segmentation mentioned above; current market size estimation and revenue projections in terms of both volume and value for the analysis period are provided through 2030
  • The study discusses key trends, R&D, technology updates and emerging applications of Wood Plastic Composites (WPC) that influence the market growth
  • Key business trends focusing on product innovations/developments, capacity expansions, M&As, JVs and other recent industry developments by the major market players
  • The report includes 333 data tables covering market numbers by segments and regions with graphical representation for each table
  • Business profiles of major companies covered – 32
  • The industry guide includes the contact details for 180 companies

Product Outline
The market for plastic types used in Wood Plastic Composites (WPC) analyzed in this report include:

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyvinyl chloride (PVC)
  • Other Plastics

Major Applications market for Wood Plastic Composites (WPC) analyzed in this report consist the following:

  • Automotive
  • Building & Construction: Decking
  • Building & Construction: Railing & Fencing
  • Building & Construction: Other
  • Consumer Goods
  • Furniture
  • Others

Analysis Period, Units and Growth Rates

  • The report reviews, analyzes and projects the global Wood Plastic Composites (WPC) market for the period 2020-2029 in terms of volumes in metric tons and value in US$; and the compound annual growth rates (CAGRs) projected from 2023 through 2029

Geographic Coverage

  • North America (The United States, Canada and Mexico)
  • Europe (Belgium, Finland, France, Germany, Italy, Spain, the United Kingdom and Rest of Europe)
  • Asia-Pacific (Australia, China, India, Japan, South Korea and Rest of Asia-Pacific)
  • South America (Brazil, Columbia and Rest of South America)
  • Rest of World (Middle-East, Turkey and Russia)