DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5k3xk7/wood_plastic) has announced the addition of the "Wood Plastic Composite Market by Type, Applications and Region - Trends & Forecasts (2014 - 2019)" report to their offering.
The wood plastic composite market is projected to reach 1,728.9 Kilotons by 2019, with a CAGR of 10.5% between 2014 and 2019.
Wood plastic composite plays an important role in the building and construction industry. In this industry, there is a growing demand for high-performance, low-maintenance, and low-cost building products. To meet this demand, wood plastic composite are being used to produce products such as landscape timbers, railing, decking, fence, window and door elements, panels, molding, roofing, and siding, etc.
Increasing demand for wood-plastic composites in the manufacture of building & construction products is estimated to boost the overall wood-plastic composites market over the next few years. Additionally, rising demand for wood-plastic composites to manufacture several interior components of automobiles is projected to fuel market growth. Wood-plastic composites help in reduction of the overall weight of the vehicle and in turn enhance its fuel efficiency
North America and Asia are the top-two consumers of wood plastic composite in the world. U.S. and China are key countries in North American and Asian regions, respectively and these countries are growing with CAGRs of 10.1% and 14.7% between 2014 and 2019. Some developing countries such as China, India, and Brazil are also growing at a rapid pace because of the rising domestic demand.
The wood plastic composite market is estimated to be worth 1,046.1 kilotons in 2014 and is projected to reach 1,728.9 kilotons by 2019, growing at a CAGR of 10.5% between 2014 and 2019. The market is growing steadily due to increasing awareness of deforestation.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Wood-Plastic Composites Market, By Type
8 Wood-Plastic Composites Market, By Application
9 Wood-Plastic Composites Market, By Region
10 Competitive Landscape
11 Company Profiles
- Advanced Environmental Recycling Technologies, Inc. (Aert)
- Axion International
- Beologic N.V.
- Certainteed
- Fiberon LLC
- Fkur Kunststoff GMBH
- Josef Ehrler GMBH & Co. KG
- Polymera, Inc.
- Polyplank AB
- Tamko Building Products
- Timbertech
- Trex Company, Inc.
- Universal Forest Products, Inc.
For more information visit http://www.researchandmarkets.com/research/5k3xk7/wood_plastic
