wpc) market forecast 2017-2023. global wood-plastic composites market by type(polyethylene polyvinylchloride polypropylene others) by application(building construction products decking molding siding fencing automotive components industrial .
markets as they play crucial role in customizing the wpc products as per the requirements of end users. the demand side of the wood-plastic composites market comprises of various major players from construction automotive industrial .
wpc decking is gaining market share throughout europe and many producers have been seen to have switched to the production of solid profiles which offer a number . in automotive applications wpc materials have to compete with the talcum and glass-fibre -filled compounds currently in use and compression-moulded .
industry for interior applications and outdoor constructions such as decking. apac is anticipated to provide the maximum growth opportunity in this sector during the forecast period. the increased use of bioplastics in wood-plastic composites is projected to .
automotive. panels and trim. furniture. outdoor furniture (picnic tables and benches). indoor furniture. bathroom and kitchen cabinets. infrastructure . 2003 which represents a total of 14% of the total decking market for wpc of $0.4billion. decking market growth is noted to have moved from $2.9b (1997) to $3.7b .
decking market a trend due in part to the cca ban. it is suggested that . for the recent surge in the wpc residential market: the adverse effect of treating chemicals on . wood-plastic composites as promising green-composites for automotive indus- tries. bioresource technology 99(11): 4661-4667.
industry of wpc market is heavily relied on the extrusion process to manufacture key applications such as decking siding and fencing. injection molding process is likely to exhibit the fastest growth for the same period driven by the automotive and consumer goods segments.
strong growth forecast / output to reach 360000 t in 2015 / decking is largest application / construction applications forecast to rise / hackwell group report . decking is now by far the largest application area with 75% of (non-automotive) output and wpc is now chosen for many other exterior and interior .
market is expected to reach usd 9.77 billion by 2024 according to a new report by grand view research inc. increasing demand for . composite market application outlook (volume kilo tons; revenue usd million 2013 - 2024). automotive components. building and construction. decking.
agricultural fibers have been used for decades in the automotive industry with europe as leader. rice hull . current wpcs applications include: decking railing windows and doors lineals roofing picnic tables . nonetheless the potential total market for wpc remains mostly untapped. alternatives for .
decking and automotive components account for the greatest share of wpc pro- duction in europe (67 and 24 % respectively) while other uses including siding and fencing furniture consumer goods and technical applications account for the remainder (carus et al. 2015). wpcs are considered a growth market.
it takes 48% world market share follow by china and europe with respectively 33% and 9%. the building applications (especially decking and railing) is still the largest market of wpc following by automotive interior and furniture. growing demand for wood plastic composite as a low cost and .
decking well over a decade ago when quality issues would steadily crop up. not only has this market nicely matured with a broad spectrum of quality products including decking fencing railing trim and automotive parts but its growth .
market sectors including building and construction interiors and internal finishes automotive . wpc is already an established material in the usa particularly for garden decking and non-structural building applications such as exterior window and door profiles.
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