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NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET 2022-2028

Best Price Guarantee Length Publisher Published Date SKU
from $1,500 113 Pages Triton Market Research January, 2022 TRTN16895412
Best Price Guarantee
Price from $1,500
Length 113 Pages
Publisher Triton Market Research
Published Date January, 2022
SKU TRTN16895412

NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET 2022-2028

MARKET OUTLOOK
According to Triton Market Research, the North American wood plastic composites market is estimated to gain a compound annual growth rate of 8.51% in revenue and 7.07% in volume in the projected years 2022-2028. The United States and Canada together form the market in this region.
In Canada, the major manufacturers of wood plastic composites include Nexwood and Xtendex. The country holds the second position in the region’s market. The composition of wood plastic composites includes wood, thermoplastic, and some additives such as pigments. In this regard, the polymers used for wood plastic composites comprise high volume and low-cost commodity thermoplastics such as polyvinyl chloride and polypropylene. The country’s market is witnessing positive growth due to growing demand from application segments. Here, the major focus is on the construction of deck boards and railing systems. Hence, these factors support the overall development of the wood plastic composites market.
In the US, the wood plastic composites prepared from recycled plastics and waste materials are substituting natural wood. As per estimates, the majority of wood plastic composite materials are used for decking, and the rest is used for molding and automotive application. In recent years, repair expenditures have increased, further enhancing the demand for wood plastic composites. Therefore, as mentioned above, these factors are expected to drive the growth of the wood plastic composites market over the forecast period.

COMPETITIVE OUTLOOK
Some of the major companies in the wood plastic composites market include Moistureshield, Fkur Kunststoff GmbH, UPM, Polyplank AB, Fiberon LLC, and Beologic NV.


1. NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1. POLYPROPYLENE IS A RAPIDLY GROWING WOOD PLASTIC COMPOSITE TYPE
2.2.2. BUILDING & CONSTRUCTION PRODUCTS MAJORLY USE WOOD PLASTIC COMPOSITES
2.2.3. IMPROVEMENT IN PRODUCTION TECHNIQUE
2.2.4. ADVANTAGE OF RECYCLABLE RAW MATERIALS
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTES
2.3.3. BARGAINING POWER OF SUPPLIERS
2.3.4. BARGAINING POWER OF BUYERS
2.3.5. INTENSITY OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. IMPACT OF COVID-19 ON THE MARKET
2.7. KEY MARKET STRATEGIES
2.7.1. CONTRACTS & PARTNERSHIPS
2.7.2. BUSINESS EXPANSIONS & DIVESTITURES
2.7.3. NEW PRODUCT LAUNCHES
2.8. MARKET DRIVERS
2.8.1. RISING DEMAND FROM THE BUILDING AND CONSTRUCTION INDUSTRY
2.8.2. RISE IN DEMAND FOR RECYCLABLE MATERIALS IN THE AUTOMOTIVE INDUSTRY
2.8.3. BAN ON ARSENIC TOXINS, CHROMIUM, AND TOXINS COPPER
2.9. MARKET CHALLENGES
2.9.1. PERFORMANCE LIMITATIONS
2.9.2. SUSCEPTIBILITY TO STRUGGLE UNDER HEAVY LOAD
2.9.3. LOWERING WEIGHT OF WPC PRODUCTS
2.10. MARKET OPPORTUNITIES
2.10.1. ENVIRONMENTAL CONCERNS
2.10.2. RISE IN DEMAND FOR PVC-CAPPED DECKING PRODUCTS
3. NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET OUTLOOK - BY TYPE
3.1. POLYETHYLENE (PE)
3.2. POLYVINYL CHLORIDE (PVC)
3.3. POLYPROPYLENE (PP)
3.4. OTHER TYPES
4. NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET OUTLOOK - BY APPLICATION
4.1. BUILDING & CONSTRUCTION PRODUCTS
4.2. AUTOMOTIVE COMPONENTS
4.3. INDUSTRIAL & CONSUMER GOODS
4.4. OTHER APPLICATIONS
5. WOOD PLASTIC COMPOSITES MARKET – NORTH AMERICA
5.1. COUNTRY ANALYSIS
5.1.1. UNITED STATES
5.1.2. CANADA
6. COMPETITIVE LANDSCAPE
6.1. MOISTURESHIELD
6.2. AXION INTERNATIONAL INC
6.3. BEOLOGIC NV
6.4. CERTAINTEED CORPORATION
6.5. FIBERON LLC
6.6. FKUR KUNSTSTOFF GMBH
6.7. JELU WERK JOSEF EHRLER GMBH AND CO KG
6.8. POLYPLANK AB
6.9. TAMKO BUILDING PRODUCTS INC
6.10. TIMBERTECH LIMITED
6.11. TREX COMPANY INC
6.12. UNIVERSAL FOREST PRODUCTS INC
6.13. UPM
7. RESEARCH METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE & DELIVERABLES
7.1.1. OBJECTIVES OF STUDY
7.1.2. SCOPE OF STUDY
7.2. SOURCES OF DATA
7.2.1. PRIMARY DATA SOURCES
7.2.2. SECONDARY DATA SOURCES
7.3. RESEARCH METHODOLOGY
7.3.1. EVALUATION OF PROPOSED MARKET
7.3.2. IDENTIFICATION OF DATA SOURCES
7.3.3. ASSESSMENT OF MARKET DETERMINANTS
7.3.4. DATA COLLECTION
7.3.5. DATA VALIDATION & ANALYSIS
LIST OF TABLES
TABLE 1: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 4: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY TYPE, 2022-2028 (IN KILOTON)
TABLE 5: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 6: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY APPLICATION, 2022-2028 (IN KILOTON)
TABLE 7: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY COUNTRY, 2022-2028 (IN KILOTON)
LIST OF FIGURES
FIGURE 1: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 2: NORTH AMERICA POLYPROPYLENE MARKET, 2022-2028 (IN $ MILLION)
FIGURE 3: NORTH AMERICA BUILDING & CONSTRUCTION MARKET, 2022-2028 (IN $ MILLION)
FIGURE 4: PORTER’S FIVE FORCES ANALYSIS
FIGURE 5: MARKET ATTRACTIVENESS INDEX
FIGURE 6: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY POLYETHYLENE (PE), 2022-2028 (IN $ MILLION)
FIGURE 7: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY POLYVINYL CHLORIDE (PVC), 2022-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY POLYPROPYLENE (PP), 2022-2028 (IN $ MILLION)
FIGURE 9: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY OTHER TYPES, 2022-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY BUILDING & CONSTRUCTION PRODUCTS, 2022-2028 (IN $ MILLION)
FIGURE 11: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY AUTOMOTIVE COMPONENTS, 2022-2028 (IN $ MILLION)
FIGURE 12: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY INDUSTRIAL & CONSUMER GOODS, 2022-2028 (IN $ MILLION)
FIGURE 13: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 14: NORTH AMERICA WOOD PLASTIC COMPOSITES MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 15: UNITED STATES WOOD PLASTIC COMPOSITES MARKET 2022-2028 (IN $ MILLION)
FIGURE 16: CANADA WOOD PLASTIC COMPOSITES MARKET 2022-2028 (IN $ MILLION)

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