Wood Plastic Composite Market, By Type (PE-based Composites, PVC-based Composites, PP-based Composites, and Others), By Application (Building and Construction, Automotive Components, Industrial and Consumer Goods, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Apr 2024

Code : CMI4849

Pages :130

Formats :

Excel and PDF

Industry : Advanced Materials

Market Concentration and Competitive Landscape

Wood Plastic Composite Market Concentration By Players

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Performance Superiority over Wood

While wood looks aesthetically beautiful, it has weaknesses like sensitivity to moisture, fragility, and propensity to warp or crack easily. On the other hand, the integration of plastics into wood through various compounding technologies significantly enhances the engineering properties of the final composite. WPCs are stronger, harder, and lighter in weight and have excellent dimensional stability. They can withstand cracking, splitting, and rotting and termite attacks much better than normal wood. The resins and polymers blended with wood fibers provides protection from moisture ingress and makes composites impervious to various environmental factors. These performance upgrades make WPC suitable for a variety of applications that requires durability and longevity. Whether in the form of decking, railing, fence, window, or door; wood plastic composites can last considerably longer without requiring frequent repairs and replacement. Particularly in the outdoor building industry, the growing preference for low-maintenance and long-lasting materials is fueling the adoption of WPC over conventional wood products.

Key Players Insights