Wood plastic composite market size was valued at USD 4.06 Billion in 2015. Rising application scope in decking and fencing applications is expected to drive demand . Global demand for wood plastic composites is expected to reach USD 8.76 billion in 2022, growing at a CAGR of 12.3% between 2017 and 2022.
According to Grand View Research, wood plastic composite market is expected to expand by 2024.Growing demand for musical instruments are expected to propel demand. CLEVELAND - US demand for wood-plastic composite and plastic lumber is expected to rise 9.8 percent annually to $5.5 billion in 2018, creating a market for 2.6 . US demand for wood-plastic composite and plastic lumber will rise 9.8 percent annually to $5.5 billion in 2018. Decking will remain the largest application and will . Wood Plastic Composite Market by Type (Polyethylene, . Analysis of country-wise rate of demand of wood-plastic composites for the past three years This study analyzes US demand for wood-plastic composite and plastic lumber. It presents historical data (2005, 2010, 2015) and forecasts (2020 and 2025) by material .
Wood Plastic Composite Market by Type, Applications and Region . “The wood plastic composite market is estimated to be worth 1,046.1 kilotons in 2014 and is . The global wood-plastic composites market has been expanding significantly due to high demand from the building & construction industry. Wood-plastic composite . Global Wood Plastic Composite Market: Overview. A combination of the wood fibers and the synthetic resins forms the wood plastic composites. The synthetic resins are .
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