COVID-19 Recovery Analysis: Wood-plastic Composites Market | Increasing Infrastructure Investments to Boost the Market Growth | Technavio

Technavio has announced its latest market research report titled Global Wood-plastic Composites Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the wood-plastic composites market and it is poised to grow by USD 3.21 bn during 2020-2024, progressing at a CAGR of about 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Beologic, CRH Plc, Croda International Plc, Fiberon, FKuR Kunststoff GmbH, Formtech Enterprises Inc., Green Dot Bioplastics Inc., The AZEK Co. LLC, Trex Co. Inc., and Universal Forest Products Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Increasing infrastructure investments has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Wood-plastic Composites Market 2020-2024: Segmentation

Wood-plastic Composites Market is segmented as below:

  • Product
    • Polyethylene
    • Polyvinyl Chloride
    • Polypropylene
    • Other
  • End-user
    • Building And Construction
    • Automotive
    • Industrial And Consumer Goods
    • Others
  • Geography
    • North America
    • APAC
    • Europe
    • MEA
    • South America

Wood-plastic Composites Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The wood-plastic composites market report covers the following areas:

  • Wood-plastic Composites Market Size
  • Wood-plastic Composites Market Trends
  • Wood-plastic Composites Market Industry Analysis

This study identifies the increasing use of bioplastics and recycled plastics as one of the prime reasons driving the wood-plastic composites market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Wood-plastic Composites Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist wood-plastic composites market growth during the next five years
  • Estimation of the wood-plastic composites market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the wood-plastic composites market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of wood-plastic composites market vendors

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Polyethylene - Market size and forecast 2019-2024
  • Polyvinyl chloride - Market size and forecast 2019-2024
  • Polypropylene - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by End-user

  • Market segments
  • Comparison by End user
  • Building and construction - Market size and forecast 2019-2024
  • Automotive - Market size and forecast 2019-2024
  • Industrial and consumer goods - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by End user

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Beologic
  • CRH Plc
  • Croda International Plc
  • Fiberon
  • FKuR Kunststoff GmbH
  • Formtech Enterprises Inc.
  • Green Dot Bioplastics Inc.
  • The AZEK Co. LLC
  • Trex Co. Inc.
  • Universal Forest Products Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Wood-plastic Composites Market will grow by USD 3.21 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/