119. Middle East & Africa Wood Plastic Composite market revenue, by application, 2013- 2024( USD Million)
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List of Figures
1. Wood Plastic Composite market segmentation 2. Wood Plastic Composite market estimates and forecast, 2013- 2024( Kilo tons)( USD Million) 3. Wood Plastic Composite market- Value chain analysis 4. Wood Plastic Composite market dynamics 5. Wood Plastic Composite market- Key opportunities prioritized 6. Wood Plastic Composite market Porter’ s analysis 7. Wood Plastic Composite market PESTEL analysis 8. Wood Plastic Composite market revenue share by product, 2015 & 2024 9. Wood Plastic Composite market revenue share by application, 2015 & 2024 10. Wood Plastic Composite market revenue share by region, 2015 & 2024
Further key findings from the report suggest:
� North America was the largest segment for the Wood Plastic Composite market in 2015 accounting over 45 % of the global volume. Growing construction sector in the region owing to rising investments in new infrastructure projects is expected to augment growth. Furthermore, increasing residential and commercial building renovation activities in the region is expected to have a positive impact on the growth.
� Polyethylene based wood plastic composites dominated the industry accounting over 55 % of the market share. Excellent molecular bonding stability and structure offered by polypropylene, which makes the product robust, is expected to be a key factor for the
� product demand. Europe demand for wood plastic composites in automotive applications was valued over USD 65 million in 2015. Automotive industry is the most crucial sector in the Europe and accounts over 4 % of European GDP. Germany dominated the premium car production in 2015 accounting over 40 % of the total market. Adoption of new technologies, increasing use of bio-based products and high investments in R & D are expected to open new avenues for the product market.
� Key players in the industry include Advanced Environmental Recycling Technologies, Inc., Axion International, Inc., Fkur Kunststoff GmbH, Beologic N. V., Certainteed,