Market Analysis Report U.S. Wood Plastic Composite Market

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U.S. Wood Plastic Composite Market Share, Application,Growth,
Market Leader, Research and Forecasts to 2025 | Hexa Research
“ The U.S. wood plastic composite market size is anticipated to reach USD
4.54 billion by 2025.”
13 November 2018
The U.S. wood plastic composite market size is anticipated to reach USD 4.54 billion by 2025 owing to increasing
demand from construction sector. Rising awareness regarding properties of wood plastic composites (WPCs) such as
better thermal stability, recyclability, and stiffness is expected to propel market growth over the forecast period.
Furthermore, rising application scope in landscaping and street constructions due to noise barrier characteristics
coupled with booming construction and automotive industries are expected to fuel regional market expansion. Rising
application of WPC for manufacturing various consumer goods such as pencils, toys, lipsticks, cups, and high-class
packaging is projected to propel demand in near future.
In terms of revenue, polyethylene held larger market share owing to extensive applications in high performance
operations such as construction and packaging. Moreover, eco-friendliness of this composite is expected to complement
market. Polyvinylchloride is expected to be the fastest growing segment over the forecast period as it is widely used
across automotive, furniture, and construction industries. Commercial WPCs used in manufacturing high-end furniture,
automotive units for luxurious cars, and other wooden infrastructure, make heavy use of polyvinylchloride as a raw
material.
Automotive is expected to be the fastest growing application segment in the wood plastic composite market over the
forecast period. WPCs are increasingly being used in manufacturing car interiors, door panels, and seat cushions owing
to their high machinability. This factor is projected to provide growth opportunity in the forthcoming years. WPC is used
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