Wood Plastic Composite Market
based , polyester based , polyethylene based , polyvinyl chloride based , polystyrene based and thermoplastic elastomers . Based on the application , the global market is segregated into construction and buildings , automotive , furniture and infrastructure . Further , the building and construction segment is sub-segmented into claddings , exterior building trim , decking and boardwalks , interior building trim . The automotive segment is sub-segmented into panels and trim . The furniture segment is sub-segmented into outdoor furniture , bathroom and kitchen cabinets and indoor furniture . The infrastructure segment is sub-segmented into gardening structures , landscaping timber , and others . The global wood plastic composite market is diversified into different regions such as North America , Europe , Asia-Pacific and Rest of the World .
Global Wood Plastic Composite Market : Growth Factors The polyethylene wood plastic composites provide the major share to the global wood plastic composite market . The application segment that provides the major share to the global market growth is the building and construction segment . The fencing and decking applications are driving the global market growth . The plastic and steel components are being replaced by the wood plastic composite in the construction applications as it is environment-friendly and it is of low cost . There are many benefits of using the wood plastic composite as it has better recyclability , better stiffness , and thermal stability which in turn are opening new opportunities to the market . The noise barrier properties of the wood plastic composite make it more appropriate for the street constructions and landscaping thus increasing its demand in the market . The global market will grow in the coming years owing to the changing prices of the petrochemicals and the rise in the environmental concerns . The wood plastic composite is used in the production of the musical instruments and consumer goods such as toys , cups , pencils , and so on .