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 ,