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Wood-plastic Composites Market by Type (Polyethylene, Polyvinylchloride, propylene), Application (Building & construction Products, Automotive Components, Industrial & Consumer Goods), & Region (North America, Europe, APAC, MEA) - Global Forecast to 2028

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Date: 21-Dec-2023
No. of pages: 222
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“Polypropylene-based wood-plastic composites accounted for the second-highest market share.”

The wood-plastic composites market is projected to grow from USD 7.5 billion in 2023 to USD 11.9 billion by 2028, at a CAGR of 9.8% during the forecast period. Polypropylene with higher MFR fills the plastic mold more easily, during the injection or blow-molding production process. However, as the melt flow increases, some physical properties, such as impact strength, decrease. Polyethylene is classified into several different categories based mostly on density and branching. The mechanical properties of polypropylene depend significantly on variables, such as the extent and type of branching, the crystal structure, and the molecular weight.

‘‘In terms of value, automotive components application accounted for the second-largest share of the overall wood-plastic composites market.’’

Increasing awareness about environment-friendly products is boosting the demand of wood-plastic composites from automotive industry. Automobile manufacturers are focusing on the production of biodegradable or recyclable components. Recyclable wood-plastic composites help to enhance the mechanical strength and reduces the material weight that helps to improve fuel consumption and production cost of the automobiles. Wood-plastic composites gets widely used to manufacture interior parts as they helps to improve passenger safety along with biodegradability of the components.

“During the forecast period, the wood-plastic composites market in Asia Pacific region is projected to register highest CAGR.”

Asia Pacific is projected to be the fastest-growing region the wood-plastic composites market.

The market in Asia Pacific region has been undergoing a significant transformation and growth due to the wide presence of well-established material suppliers, component and composites manufacturers, and many OEMs. The ecosystems of adjacent industries are fueling the of the growth of the wood-plastic composites market. Ongoing rapid economic growth of Asian countries, growing urbanization and industrialization, improvement in per capita income, and rising consumer spendings have raised the technological advancements, fueling the growth of the wood-plastic composites market.

This study has been validated through primary interviews with industry experts globally. These primary sources have been divided into the following three categories:


  • By Company Type- Tier 1- 40%, Tier 2- 33%, and Tier 3- 27%

  • By Designation- C Level- 50%, Director Level- 30%, and Others- 20%

  • By Region- North America- 15%, Europe- 50%, Asia Pacific (APAC) - 20%, Latin America-5%, Middle East & Africa -10%.


The report provides a comprehensive analysis of company profiles:

Prominent companies include Trex Company, Inc., (US), MoistureShield (US), UFP Industries, Inc. (US), Fiberon (US), TimberTech (US), TAMKO Building Products LLC (US), Beologic (Belgium), FKuR Kunstsoff GmbH (Germany), JELU-WERK J. Ehrler GmbH & Co. KG (Germany), andGreen Dot Bioplastics, Inc. (US)., among others.

Research Coverage

This research report categorizes the wood-plastic composites Market by Type (Polyethylene, Polyvinylchloride, Polypropylene, and Others), Application (Building & Construction Products, Automotive Components, Industrial & Consumer goods, and Others), and Region (North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America). The scope of the report includes detailed information about the major factors influencing the growth of the wood-plastic composites market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted in order to provide insights into their business overview, solutions, and services, key strategies, contracts, partnerships, and agreements. New product and service launches, mergers and acquisitions, and recent developments in the wood-plastic composites market are all covered. This report includes a competitive analysis of upcoming startups in the wood-plastic composites market ecosystem.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall wood-plastic composites market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:


  • Analysis of key drivers (Increasing adoption in automotive components application, recyclability, and favourable government regulations regarding the use of environmentally-friendly products), restraints (Fluctuating raw material costs, rigidity issues and impact under heavy loads), opportunities (Increasing market penetration into automotive components, High volume production of automotive components), and challenges (Dominance of carbon fiber and glass fiber into composites industry, Life-cycle improvements) influencing the growth of the wood-plastic composites market

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the wood-plastic composites market

  • Market Development: Comprehensive information about lucrative markets – the report analyses the wood-plastic composites market across varied regions.

  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the wood-plastic composites market

  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Trex Company, Inc., (US), MoistureShield (US), UFP Industries, Inc. (US), Fiberon (US), TimberTech (US), TAMKO Building Products LLC (US), Beologic (Belgium), FKuR Kunstsoff GmbH (Germany), JELU-WERK J. Ehrler GmbH & Co. KG (Germany), and Green Dot Bioplastics, Inc. (US). among others in the wood-plastic composites market

Wood-plastic Composites Market by Type (Polyethylene, Polyvinylchloride, propylene), Application (Building & construction Products, Automotive Components, Industrial & Consumer Goods), & Region (North America, Europe, APAC, MEA) - Global Forecast to 2028

Table Of Contents

1 Introduction 34
1.1 Study Objectives 34
1.2 Market Definition 34
1.3 Inclusions And Exclusions 35
1.4 Market Scope 35
Figure 1 Wood-Plastic Composites Market Segmentation 35
1.4.1 Regions Covered 36
1.4.2 Years Considered 36
1.5 Currency Considered 37
1.6 Unit Considered 37
1.7 Stakeholders 37
1.8 Summary Of Changes 38
1.8.1 Impact Of Recession 38

2 Research Methodology 39
2.1 Research Data 39
Figure 2 Wood-Plastic Composites Market: Research Design 39
2.1.1 Secondary Data 40
2.1.1.1 Key Data From Secondary Sources 40
2.1.2 Primary Data 41
2.1.2.1 Key Data From Primary Sources 41
2.1.2.2 Interviews With Top Wood-Plastic Composite Manufacturers 41
2.1.2.3 Breakdown Of Interviews With Experts 42
2.1.2.4 Key Industry Insights 42
2.2 Base Number Calculation 43
2.2.1 Approach 1: Supply-Side Analysis 43
2.2.2 Approach 2: Demand-Side Analysis 43
2.3 Market Forecast Approach 44
2.3.1 Supply Side 44
2.3.2 Demand Side 44
2.4 Growth Forecast 44
2.5 Market Size Estimation 44
2.5.1 Bottom-Up Approach 45
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach 45
2.5.2 Top-Down Approach 45
Figure 4 Market Size Estimation: Top-Down Approach 45
2.6 Data Triangulation 46
Figure 5 Wood-Plastic Composites Market: Data Triangulation 46
2.7 Recession Impact 47
Figure 6 Major Factors Responsible For Global Recession And Their Impact On Wood-Plastic Composites Market 47
2.8 Research Assumptions 48
2.9 Research Limitations 48
2.10 Risk Analysis 49

3 Executive Summary 50
Figure 7 Polyethylene Dominated Wood-Plastic Composites Market In 2022 51
Figure 8 Building & Construction Products Segment Dominated Wood-Plastic Composites Market In 2022 51
Figure 9 North America Led Wood-Plastic Composites Market In 2022 52

4 Premium Insights 53
4.1 Attractive Opportunities For Players In Wood-Plastic Composites Market Size 53
Figure 10 Significant Growth Expected In Wood-Plastic Composites Market Between 2023 And 2028 53
4.2 Wood-Plastic Composites Market, By Application And Region, 2022 54
Figure 11 Building & Construction Application And North America Dominated Market In 2022 54
4.3 Wood-Plastic Composites Market, By Type 54
Figure 12 Polyethylene Segment Dominated Market In 2022 54
4.4 Wood-Plastic Composites Market Growth, By Key Country 55
Figure 13 China To Be Fastest-Growing Market During Forecast Period 55

5 Market Overview 56
5.1 Introduction 56
5.2 Market Dynamics 56
Figure 14 Drivers, Restraints, Opportunities, And Challenges In Wood-Plastic Composites Market 56
5.2.1 Drivers 57
5.2.1.1 Government Regulations To Use Environmentally Friendly Products 57
5.2.1.2 Increasing Adoption In Automotive Industry 57
5.2.1.3 Recyclability 57
5.2.2 Restraints 58
5.2.2.1 Fluctuating Cost Of Raw Materials 58
5.2.2.2 Rigidity Issues And Impact Under Heavy Load 58
5.2.3 Opportunities 58
5.2.3.1 Increasing Use In Automotive Components Segment Driven By Government Regulations To Drive Market 58
5.2.3.2 High-Volume Production Of Automotive Components 59
5.2.4 Challenges 59
5.2.4.1 Dominance Of Glass Fiber And Carbon Fiber In Composites Industry 59
5.2.4.2 Life-Cycle Improvement 59
5.3 Porter’s Five Forces Analysis 59
Figure 15 Porter’s Five Forces Analysis Of Wood-Plastic Composites Market 60
5.3.1 Bargaining Power Of Buyers 60
5.3.2 Bargaining Power Of Suppliers 61
5.3.3 Threat Of New Entrants 61
5.3.4 Threat Of Substitutes 61
5.3.5 Intensity Of Competitive Rivalry 62
Table 1 Wood-Plastic Composites Market: Impact Of Porter’s Five Forces 62
5.4 Ecosystem/Market Map 63
Table 2 Wood-Plastic Composites Market: Role Of Companies In Ecosystem 63
Figure 16 Wood-Plastic Composites Market Map 63
5.5 Pricing Analysis 64
5.5.1 Average Selling Price Trend Of Key Players, By Application 64
Figure 17 Average Selling Price Trend Of Key Players, By Application (Usd/Kg) 64
Table 3 Average Selling Price Trend Of Key Players, By Application (Usd/Kg) 64
5.6 Average Selling Prices, By Type 65
Figure 18 Average Selling Prices For Different Types (Usd/Kg) 65
5.6.1 Average Selling Price Trend, By Region 65
Table 4 Average Selling Price Of Wood-Plastic Composites, By Region 65
5.7 Trade Data Analysis 66
5.7.1 Export Scenario Of Wood Particles 66
Figure 19 Export Of Wood Particles, By Key Countries (Tons) 66
5.7.2 Import Scenario Of Carbon Fiber 67
Figure 20 Import Of Wood Particles, By Key Countries (Tons) 67
5.8 Key Stakeholders And Buying Criteria 68
5.8.1 Key Stakeholders In Buying Process 68
Figure 21 Influence Of Stakeholders On Buying Process For Top 3 Applications 68
Table 5 Influence Of Stakeholders On Buying Process For Top 3 Applications 68
5.8.2 Buying Criteria 68
Figure 22 Key Buying Criteria For Top 3 Applications 68
Table 6 Key Buying Criteria For Top 3 Applications 69
5.9 Technology Analysis 69
Table 7 Comparative Study Of Major Wood-Plastic Composite Manufacturing Processes 69
5.10 Supply Chain Analysis 70
Figure 23 Wood-Plastic Composites Market: Supply Chain Analysis 70
5.11 Value Chain Analysis 70
Figure 24 Wood-Plastic Composites Market: Value Chain Analysis 70
5.12 Case Study Analysis 71
5.13 Trends And Disruptions Impacting Customer’s Business 71
5.14 Tariff And Regulatory Landscape 72
5.14.1 Regulatory Bodies, Government Agencies, And Other Organizations 72
Table 8 North America: Regulatory Bodies, Government Agencies, And Other Organizations 72
Table 9 Europe: Regulatory Bodies, Government Agencies, And Other Organizations 74
Table 10 Asia Pacific: Regulatory Bodies, Government Agencies, And Other Organizations 74
Table 11 Rest Of The World: Regulatory Bodies, Government Agencies, And Other Organizations 75
5.14.2 Standard Codes For Automotive Composites 75
Table 12 Current Standard Codes For Automotive Composites 75
Table 13 Current Standard Codes For Construction Composites 76
5.15 Patent Analysis 77
5.15.1 Introduction 77
5.15.2 Methodology 77
5.15.3 Document Type 77
Table 14 Wood-Plastic Composites Market: Global Patents 77
Figure 25 Global Patent Analysis, By Document Type 78
Figure 26 Global Patent Publication Trend Analysis: Last 10 Years 78
5.15.4 Insights 78
5.15.5 Legal Status Of Patents 78
Figure 27 Wood-Plastic Composites Market: Legal Status Of Patents 79
5.15.6 Jurisdiction Analysis 79
Figure 28 Global Jurisdiction Analysis 79
5.15.7 Analysis Of Top Applicants 80
Figure 29 Univ Northeast Forestry Has Highest Number Of Patents 80
5.15.8 Patents By Univ Northeast Forestry 80
5.15.9 Patents By Univ Nanjing Forestry 80
5.15.10 Patent Owners (Us) In Last 10 Years 81
5.16 Key Conferences And Events, 2023–2024 81
Table 15 List Of Conferences & Events Related To Wood-Plastic Composites And Related Markets, 2023–2024 81

6 Wood-Plastic Composites Market, By Type 83
6.1 Introduction 84
Figure 30 Polyethylene Segment To Dominate Market During Forecast Period 84
Table 16 Wood-Plastic Composites Market, By Type, 2018–2022 (Kiloton) 84
Table 17 Wood-Plastic Composites Market, By Type, 2018–2022 (Usd Million) 85
Table 18 Wood-Plastic Composites Market, By Type, 2023–2028 (Kiloton) 85
Table 19 Wood-Plastic Composites Market, By Type, 2023–2028 (Usd Million) 85
6.2 Polyethylene 86
6.2.1 Extensive Use For High-Performance And Rough Exterior Applications To Drive Market 86
Figure 31 North America To Lead Polyethylene Wood-Plastic Composites Market In 2028 86
Table 20 Polyethylene: Wood-Plastic Composites Market, By Region, 2018–2022 (Kiloton) 86
Table 21 Polyethylene: Wood-Plastic Composites Market, By Region, 2018–2022 (Usd Million) 87
Table 22 Polyethylene: Wood-Plastic Composites Market, By Region, 2023–2028 (Kiloton) 87
Table 23 Polyethylene: Wood-Plastic Composites Market, By Region, 2023–2028 (Usd Million) 87
6.3 Polyvinylchloride 88
6.3.1 Low Maintenance Material 88
Figure 32 Asia Pacific To Record Highest Cagr During Forecast Period 88
Table 24 Polyvinylchloride: Wood-Plastic Composites Market, By Region, 2018–2022 (Kiloton) 88
Table 25 Polyvinylchloride: Wood-Plastic Composites Market, By Region, 2018–2022 (Usd Million) 89
Table 26 Polyvinylchloride: Wood-Plastic Composites Market, By Region, 2023–2028 (Kiloton) 89
Table 27 Polyvinylchloride: Wood-Plastic Composites Market, By Region, 2023–2028 (Usd Million) 89
6.4 Polypropylene 90
6.4.1 Extensive Use In Decking, Railing, Roofing, And Siding Applications To Drive Market 90
Figure 33 North America To Lead Market During Forecast Period 90
Table 28 Polypropylene: Wood-Plastic Composites Market, By Region, 2018–2022 (Kiloton) 90
Table 29 Polypropylene: Wood-Plastic Composites Market, By Region, 2018–2022 (Usd Million) 91
Table 30 Polypropylene: Wood-Plastic Composites Market, By Region, 2023–2028 (Kiloton) 91
Table 31 Polypropylene: Wood-Plastic Composites Market, By Region, 2023–2028 (Usd Million) 91
6.5 Other Types 92
Table 32 Other Types: Wood-Plastic Composites Market, By Region, 2018–2022 (Kiloton) 92
Table 33 Other Types: Wood-Plastic Composites Market, By Region, 2018–2022 (Usd Million) 92
Table 34 Other Types: Wood-Plastic Composites Market, By Region, 2023–2028 (Kiloton) 93
Table 35 Other Types: Wood-Plastic Composites Market, By Region, 2023–2028 (Usd Million) 93

7 Wood-Plastic Composites Market, By Application 94
7.1 Introduction 95
Figure 34 Building & Construction Products Segment To Dominate Market During Forecast Period 95
Table 36 Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 95
Table 37 Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 95
Table 38 Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 96
Table 39 Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 96
7.2 Building & Construction Products 96
7.2.1 Largest Demand From Decking Application 96
7.2.2 Decking 97
7.2.3 Molding & Siding 97
7.2.4 Fencing 97
Figure 35 North America To Dominate Building & Construction Products Segment Of Wood-Plastic Composites Market In 2028 97
Table 40 Building & Construction Products: Wood-Plastic Composites Market, By Region, 2018–2022 (Kiloton) 98
Table 41 Building & Construction Products: Wood-Plastic Composites Market, By Region, 2018–2022 (Usd Million) 98
Table 42 Building & Construction Products: Wood-Plastic Composites Market, By Region, 2023–2028 (Kiloton) 98
Table 43 Building & Construction Products: Wood-Plastic Composites Market, By Region, 2023–2028 (Usd Million) 99
7.3 Automotive Components 99
7.3.1 Demand For Sustainable Materials In Automotive Industry To Drive Market 99
Figure 36 Europe To Be Second-Largest Market During Forecast Period 100
Table 44 Automotive Components: Wood-Plastic Composites Market, By Region, 2018–2022 (Kiloton) 100
Table 45 Automotive Components: Wood-Plastic Composites Market, By Region, 2018–2022 (Usd Million) 100
Table 46 Automotive Components: Wood-Plastic Composites Market, By Region, 2023–2028 (Kiloton) 101
Table 47 Automotive Components: Wood-Plastic Composites Market, By Region, 2023–2028 (Usd Million) 101
7.4 Industrial & Consumer Goods 102
7.4.1 Rising Use For Manufacturing Furniture To Drive Market 102
Figure 37 North America To Lead Market During Forecast Period 102
Table 48 Industrial & Consumer Goods: Wood-Plastic Composites Market, By Region, 2018–2022 (Kiloton) 102
Table 49 Industrial & Consumer Goods: Wood-Plastic Composites Market, By Region, 2018–2022 (Usd Million) 103
Table 50 Industrial & Consumer Goods: Wood-Plastic Composites Market, By Region, 2023–2028 (Kiloton) 103
Table 51 Industrial & Consumer Goods: Wood-Plastic Composites Market, By Region, 2023–2028 (Usd Million) 103
7.5 Other Applications 104
Table 52 Other Applications: Wood-Plastic Composites Market, By Region, 2018–2022 (Kiloton) 104
Table 53 Other Applications: Wood-Plastic Composites Market, By Region, 2018–2022 (Usd Million) 104
Table 54 Other Applications: Wood-Plastic Composites Market, By Region, 2023–2028 (Kiloton) 105
Table 55 Other Applications: Wood-Plastic Composites Market, By Region, 2023–2028 (Usd Million) 105

8 Wood-Plastic Composites Market, By Region 106
8.1 Introduction 107
Figure 38 China To Be Fastest-Growing Market During Forecast Period 107
Table 56 Wood-Plastic Composites Market, By Region, 2018–2022 (Kiloton) 107
Table 57 Wood-Plastic Composites Market, By Region, 2018–2022 (Usd Million) 108
Table 58 Wood-Plastic Composites Market, By Region, 2023–2028 (Kiloton) 108
Table 59 Wood-Plastic Composites Market, By Region, 2023–2028 (Usd Million) 108
8.2 North America 109
8.2.1 Impact Of Recession On North America 109
Figure 39 North America: Wood-Plastic Composites Market Snapshot 110
8.2.2 North America: Wood-Plastic Composites Market, By Type 110
Table 60 North America: Wood-Plastic Composites Market, By Type, 2018–2022 (Kiloton) 110
Table 61 North America: Wood-Plastic Composites Market, By Type, 2018–2022 (Usd Million) 111
Table 62 North America: Wood-Plastic Composites Market, By Type, 2023–2028 (Kiloton) 111
Table 63 North America: Wood-Plastic Composites Market, By Type, 2023–2028 (Usd Million) 111
8.2.3 North America: Wood-Plastic Composites Market, By Application 112
Table 64 North America: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 112
Table 65 North America: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 112
Table 66 North America: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 112
Table 67 North America: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 113
8.2.4 North America: Wood-Plastic Composites Market, By Country 113
Table 68 North America: Wood-Plastic Composites Market, By Country, 2018–2022 (Kiloton) 113
Table 69 North America: Wood-Plastic Composites Market, By Country, 2018–2022 (Usd Million) 113
Table 70 North America: Wood-Plastic Composites Market, By Country, 2023–2028 (Kiloton) 114
Table 71 North America: Wood-Plastic Composites Market, By Country, 2023–2028 (Usd Million) 114
8.2.4.1 Us 114
8.2.4.1.1 Well-Established Wood-Plastic Composite Manufacturers To Drive Market 114
Table 72 Us: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 115
Table 73 Us: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 115
Table 74 Us: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 115
Table 75 Us: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 115
8.2.4.2 Canada 116
8.2.4.2.1 Presence Of Automotive Component Manufacturers To Drive Growth 116
Table 76 Canada: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 116
Table 77 Canada: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 116
Table 78 Canada: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 117
Table 79 Canada: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 117
8.3 Europe 117
8.3.1 Impact Of Recession On Europe 117
Figure 40 Europe: Wood-Plastic Composites Market Snapshot 118
8.3.2 Europe: Wood-Plastic Composites Market, By Type 118
Table 80 Europe: Wood-Plastic Composites Market, By Type, 2018–2022 (Kiloton) 118
Table 81 Europe: Wood-Plastic Composites Market, By Type, 2018–2022 (Usd Million) 119
Table 82 Europe: Wood-Plastic Composites Market, By Type, 2023–2028 (Kiloton) 119
Table 83 Europe: Wood-Plastic Composites Market, By Type, 2023–2028 (Usd Million) 119
8.3.3 Europe: Wood-Plastic Composites Market, By Application 120
Table 84 Europe: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 120
Table 85 Europe: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 120
Table 86 Europe: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 120
Table 87 Europe: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 121
8.3.4 Europe: Wood-Plastic Composites Market, By Country 121
Table 88 Europe: Wood-Plastic Composites Market, By Country, 2018–2022 (Kiloton) 121
Table 89 Europe: Wood-Plastic Composites Market, By Country, 2018–2022 (Usd Million) 122
Table 90 Europe: Wood-Plastic Composites Market, By Country, 2023–2028 (Kiloton) 122
Table 91 Europe: Wood-Plastic Composites Market, By Country, 2023–2028 (Usd Million) 122
8.3.4.1 Germany 123
8.3.4.1.1 Presence Of Major Oems To Drive Growth 123
Table 92 Germany: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 123
Table 93 Germany: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 123
Table 94 Germany: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 124
Table 95 Germany: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 124
8.3.4.2 Uk 124
8.3.4.2.1 High Demand From Residential Construction Projects To Drive Demand 124
Table 96 Uk: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 125
Table 97 Uk: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 125
Table 98 Uk: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 125
Table 99 Uk: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 125
8.3.4.3 France 126
8.3.4.3.1 Rising Demand For Cfrtp From High-End Car Manufacturers To Drive Growth 126
Table 100 France: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 126
Table 101 France: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 126
Table 102 France: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 126
Table 103 France: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 127
8.3.4.4 Italy 127
8.3.4.4.1 Wide Popularity Of Wood-Plastic Composites Due To Sustainable And Promising Properties To Increase Use 127
Table 104 Italy: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 127
Table 105 Italy: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 128
Table 106 Italy: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 128
Table 107 Italy: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 128
8.3.4.5 Spain 129
8.3.4.5.1 Need For Safety And Comfort Features In Automobiles To Drive Growth 129
Table 108 Spain: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 129
Table 109 Spain: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 129
Table 110 Spain: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 130
Table 111 Spain: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 130
8.3.4.6 Rest Of Europe 130
Table 112 Rest Of Europe: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 130
Table 113 Rest Of Europe: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 131
Table 114 Rest Of Europe: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 131
Table 115 Rest Of Europe: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 131
8.4 Asia Pacific 132
8.4.1 Impact Of Recession On Asia Pacific 132
Figure 41 Asia Pacific: Wood-Plastic Composites Market Snapshot 133
8.4.2 Asia Pacific: Wood-Plastic Composites Market, By Type 133
Table 116 Asia Pacific: Wood-Plastic Composites Market, By Type, 2018–2022 (Kiloton) 133
Table 117 Asia Pacific: Wood-Plastic Composites Market, By Type, 2018–2022 (Usd Million) 134
Table 118 Asia Pacific: Wood-Plastic Composites Market, By Type, 2023–2028 (Kiloton) 134
Table 119 Asia Pacific: Wood-Plastic Composites Market, By Type, 2023–2028 (Usd Million) 134
8.4.3 Asia Pacific: Wood-Plastic Composites Market, By Application 135
Table 120 Asia Pacific: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 135
Table 121 Asia Pacific: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 135
Table 122 Asia Pacific: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 135
Table 123 Asia Pacific: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 136
8.4.4 Asia Pacific: Wood-Plastic Composites Market, By Country 136
Table 124 Asia Pacific: Wood-Plastic Composites Market, By Country, 2018–2022 (Kiloton) 136
Table 125 Asia Pacific: Wood-Plastic Composites Market, By Country, 2018–2022 (Usd Million) 136
Table 126 Asia Pacific: Wood-Plastic Composites Market, By Country, 2023–2028 (Kiloton) 137
Table 127 Asia Pacific: Wood-Plastic Composites Market, By Country, 2023–2028 (Usd Million) 137
8.4.4.1 China 137
8.4.4.1.1 Low Cost Of Manufacturing To Drive Growth 137
Table 128 China: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 138
Table 129 China: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 138
Table 130 China: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 138
Table 131 China: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 139
8.4.4.2 Japan 139
8.4.4.2.1 High Consumption Of Wood-Plastic In Automotive Industry To Drive Growth 139
Table 132 Japan: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 139
Table 133 Japan: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 139
Table 134 Japan: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 140
Table 135 Japan: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 140
8.4.4.3 India 140
8.4.4.3.1 Rapid Urbanization And Improved Living Standards To Drive Growth 140
Table 136 India: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 140
Table 137 India: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 141
Table 138 India: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 141
Table 139 India: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 141
8.4.4.4 South Korea 142
8.4.4.4.1 Presence Of Major Automotive Companies To Drive Demand 142
Table 140 South Korea: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 142
Table 141 South Korea: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 142
Table 142 South Korea: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 142
Table 143 South Korea: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 143
8.4.4.5 Australia & New Zealand 143
8.4.4.5.1 High Demand From Decking Market To Drive Demand 143
Table 144 Australia & New Zealand: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 143
Table 145 Australia & New Zealand: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 144
Table 146 Australia & New Zealand: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 144
Table 147 Australia & New Zealand: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 144
8.4.4.6 Rest Of Asia Pacific 145
Table 148 Rest Of Asia Pacific: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 145
Table 149 Rest Of Asia Pacific: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 145
Table 150 Rest Of Asia Pacific: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 145
Table 151 Rest Of Asia Pacific: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 146
8.5 Middle East & Africa 146
8.5.1 Impact Of Recession On Middle East & Africa 146
8.5.2 Middle East & Africa: Wood-Plastic Composites Market, By Type 147
Table 152 Middle East & Africa: Wood-Plastic Composites Market, By Type, 2018–2022 (Kiloton) 147
Table 153 Middle East & Africa: Wood-Plastic Composites Market, By Type, 2018–2022 (Usd Million) 147
Table 154 Middle East & Africa: Wood-Plastic Composites Market, By Type, 2023–2028 (Kiloton) 147
Table 155 Middle East & Africa: Wood-Plastic Composites Market, By Type, 2023–2028 (Usd Million) 148
8.5.3 Middle East & Africa: Wood-Plastic Composites Market, By Application 148
Table 156 Middle East & Africa: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 148
Table 157 Middle East & Africa: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 148
Table 158 Middle East & Africa: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 149
Table 159 Middle East & Africa: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 149
8.5.4 Middle East & Africa: Wood-Plastic Composites Market, By Country 149
Table 160 Middle East & Africa: Wood-Plastic Composites Market, By Country, 2018–2022 (Kiloton) 149
Table 161 Middle East & Africa: Wood-Plastic Composites Market, By Country, 2018–2022 (Usd Million) 150
Table 162 Middle East & Africa: Wood-Plastic Composites Market, By Country, 2023–2028 (Kiloton) 150
Table 163 Middle East & Africa: Wood-Plastic Composites Market, By Country, 2023–2028 (Usd Million) 150
8.5.4.1 Gcc Countries 151
8.5.4.2 Uae 151
8.5.4.2.1 Increasing Demand For Cars To Create Lucrative Opportunities In Market 151
Table 164 Uae: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 151
Table 165 Uae: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 151
Table 166 Uae: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 152
Table 167 Uae: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 152
8.5.4.3 Saudi Arabia 152
8.5.4.3.1 New Policies And Investment Programs To Boost Construction Industry To Drive Market 152
Table 168 Saudi Arabia: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 153
Table 169 Saudi Arabia: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 153
Table 170 Saudi Arabia: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 153
Table 171 Saudi Arabia: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 154
8.5.4.4 Rest Of Gcc Countries 154
Table 172 Rest Of Gcc Countries: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 154
Table 173 Rest Of Gcc Countries: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 154
Table 174 Rest Of Gcc Countries: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 155
Table 175 Rest Of Gcc Countries: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 155
8.5.4.5 South Africa 155
8.5.4.5.1 Rising Demand For Fuel-Efficient Automobiles To Drive Growth 155
Table 176 South Africa: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 156
Table 177 South Africa: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 156
Table 178 South Africa: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 156
Table 179 South Africa: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 157
8.5.4.6 Rest Of Middle East & Africa 157
Table 180 Rest Of Middle East & Africa: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 157
Table 181 Rest Of Middle East & Africa: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 157
Table 182 Rest Of Middle East & Africa: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 158
Table 183 Rest Of Middle East & Africa: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 158
8.6 Latin America 159
8.6.1 Impact Of Recession On Latin America 159
8.6.2 Latin America: Wood-Plastic Composites Market, By Type 159
Table 184 Latin America: Wood-Plastic Composites Market, By Type, 2018–2022 (Kiloton) 159
Table 185 Latin America: Wood-Plastic Composites Market, By Type, 2018–2022 (Usd Million) 159
Table 186 Latin America: Wood-Plastic Composites Market, By Type, 2023–2028 (Kiloton) 160
Table 187 Latin America: Wood-Plastic Composites Market, By Type, 2023–2028 (Usd Million) 160
8.6.3 Latin America: Wood-Plastic Composites Market, By Application 160
Table 188 Latin America: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 160
Table 189 Latin America: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 161
Table 190 Latin America: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 161
Table 191 Latin America: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 161
8.6.4 Latin America: Wood-Plastic Composites Market, By Country 162
Table 192 Latin America: Wood-Plastic Composites Market, By Country, 2018–2022 (Kiloton) 162
Table 193 Latin America: Wood-Plastic Composites Market, By Country, 2018–2022 (Usd Million) 162
Table 194 Latin America: Wood-Plastic Composites Market, By Country, 2023–2028 (Kiloton) 162
Table 195 Latin America: Wood-Plastic Composites Market, By Country, 2023–2028 (Usd Million) 163
8.6.4.1 Brazil 163
8.6.4.1.1 New Regulations To Incentivize Use Of Wood-Plastic Composites 163
Table 196 Brazil: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 163
Table 197 Brazil: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 164
Table 198 Brazil: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 164
Table 199 Brazil: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 164
8.6.4.2 Mexico 165
8.6.4.2.1 Stringent Emission Norms And Rising Disposable Incomes To Drive Growth 165
Table 200 Mexico: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 165
Table 201 Mexico: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 165
Table 202 Mexico: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 166
Table 203 Mexico: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 166
8.6.4.3 Rest Of Latin America 166
Table 204 Rest Of Latin America: Wood-Plastic Composites Market, By Application, 2018–2022 (Kiloton) 166
Table 205 Rest Of Latin America: Wood-Plastic Composites Market, By Application, 2018–2022 (Usd Million) 167
Table 206 Rest Of Latin America: Wood-Plastic Composites Market, By Application, 2023–2028 (Kiloton) 167
Table 207 Rest Of Latin America: Wood-Plastic Composites Market, By Application, 2023–2028 (Usd Million) 167

9 Competitive Landscape 168
9.1 Introduction 168
9.2 Key Players’ Strategies/Right To Win 168
Table 208 Strategies Adopted By Wood-Plastic Composites Manufacturers 168
9.3 Revenue Analysis 170
Figure 42 Wood-Plastic Composites Market Revenue Analysis Of Top 5 Market Players 170
9.4 Market Share Analysis 170
Figure 43 Shares Of Top Companies In Wood-Plastic Composites Market 171
Table 209 Degree Of Competition: Wood-Plastic Composites Market 171
9.5 Company Evaluation Matrix 172
9.5.1 Stars 172
9.5.2 Emerging Leaders 172
9.5.3 Pervasive Players 173
9.5.4 Participants 173
Figure 44 Wood-Plastic Composites Market: Company Evaluation
Matrix, 2022 173
9.5.5 Company Footprint 174
Table 210 Company Product Footprint 174
Table 211 Company Application Footprint 174
Table 212 Product Type Footprint 175
Table 213 Company Region Footprint 175
9.6 Start-Up/Sme Evaluation Matrix 176
9.6.1 Progressive Companies 176
9.6.2 Responsive Companies 176
9.6.3 Dynamic Companies 176
9.6.4 Starting Blocks 176
Figure 45 Wood-Plastic Composites Market: Small And Medium-Sized Enterprises Mapping, 2022 177
9.6.5 Competitive Benchmarking Of Key Start-Ups/Smes 178
Table 214 Wood-Plastic Composites Market: Key Start-Ups/Smes 178
Table 215 Wood-Plastic Composites Market: Competitive Benchmarking Of Key Start-Ups/Smes 179
9.7 Competitive Scenario And Trends 180
9.7.1 Product Launches 180
Table 216 Wood-Plastic Composites Market: Product Launches/Developments, 2018–2023 180
Table 217 Wood-Plastic Composites Market: Deals, 2018–2023 181
Table 218 Wood-Plastic Composites Market: Others, 2018–2023 183

10 Company Profiles 184
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Product Launches, Mnm View, Right To Win, Strategic Choices, Weaknesses And Competitive Threats) *
10.1 Key Companies 184
10.1.1 Trex Company, Inc. 184
Table 219 Trex Company, Inc.: Company Overview 184
Figure 46 Trex Company, Inc.: Company Snapshot 185
Table 220 Trex Company, Inc.: Products/Solutions/Services Offered 185
Table 221 Trex Company, Inc.: Product Launches 186
10.1.2 Moistureshield 187
Table 222 Moistureshield: Company Overview 187
Table 223 Moistureshield: Products/Solutions/Services Offered 187
Table 224 Moistureshield: Product Launches 188
Table 225 Moistureshield: Deals 188
Table 226 Moistureshield: Others 189
10.1.3 Ufp Industries, Inc. 191
Table 227 Ufp Industries, Inc.: Company Overview 191
Figure 47 Ufp Industries, Inc.: Company Snapshot 191
Table 228 Ufp Industries, Inc.: Products/Solutions/Services Offered 192
Table 229 Ufp Industries, Inc.: Deals 192
10.1.4 Fiberon 194
Table 230 Fiberon Llc: Company Overview 194
Table 231 Fiberon: Products/Solutions/Services Offered 194
10.1.5 Timbertech 196
Table 232 Timbertech: Company Overview 196
Table 233 Timbertech: Products/Solutions/Services Offered 196
10.1.6 Tamko Building Products Llc 198
Table 234 Tamko Building Products Llc: Company Overview 198
Table 235 Tamko Building Products Llc: Products/Solutions/
Services Offered 198
10.1.7 Beologic 200
Table 236 Beologic: Company Overview 200
Table 237 Beologic: Products/Solutions/Services Offered 200
10.1.8 Fkur Kunststoff Gmbh 202
Table 238 Fkur Kunstsoff Gmbh: Company Overview 202
Table 239 Certainteed, Llc.: Products/Solutions/Services Offered 202
10.1.9 Jelu-Werk J. Ehrler Gmbh & Co. Kg 204
Table 240 Jelu-Werk J. Ehrler Gmbh & Co. Kg: Company Overview 204
Table 241 Jelu-Werk J. Ehrler Gmbh & Co. Kg: Products/Solutions/Services Offered 204
10.1.10 Green Dot Bioplastics, Inc. 206
Table 242 Green Dot Bioplastics, Inc.: Company Overview 206
Table 243 Green Dot Bioplastics, Inc.: Products/Solutions/Services Offered 206
Table 244 Green Dot Bioplastics, Inc.: Deals 206
Table 245 Green Dot Bioplastics, Inc.: Others 207
*Details On Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View, Key Strengths, Strategic Choices, Weaknesses And Competitive Threats Might Not Be Captured In Case Of Unlisted Companies.
10.2 Other Companies 208
10.2.1 Perth Wood-Plastic Composite Co., Ltd. 208
Table 246 Perth Wood-Plastic Composite Co., Ltd.: Company Overview 208
10.2.2 Deceuninck 208
Table 247 Deceuninck: Company Overview 208
10.2.3 Shanghai Seven Trust Industry Co., Ltd. 209
Table 248 Shanghai Seven Trust Industry Co., Ltd.: Company Overview 209
10.2.4 Guangzhou Kindwood Co., Ltd. 209
Table 249 Guangzhou Kindwood Co., Ltd.: Company Overview 209
10.2.5 Tvl Engineers Pvt., Ltd. 210
Table 250 Tvl Engineers Pvt. Ltd.: Company Overview 210
10.2.6 Oldcastle Apg A Crh Company 210
Table 251 Oldcastle Apg A Crh Company: Company Overview 210
10.2.7 Resysta International 211
Table 252 Resysta International: Company Overview 211
10.2.8 Avs Industries (Ado Woods) 211
Table 253 Avs Industries (Ado Woods): Company Overview 211
10.2.9 Sinofibers Technology Co., Ltd. 212
Table 254 Sinofibers Technology Co., Ltd.: Company Overview 212
10.2.10 Ecoste 212
Table 255 Ecoste: Company Overview 212
10.2.11 Linyi Yansen International Trade Co., Ltd. 213
Table 256 Linyi Yansen International Trade Co., Ltd.: Company Overview 213
10.2.12 Hosung Wpc Composite 213
Table 257 Hosung Wpc Composite: Company Overview 213
10.2.13 Woodalt 214
Table 258 Woodalt: Company Overview 214
10.2.14 Jkd Plastics 214
Table 259 Jkd Plastics: Company Overview 214
10.2.15 Tecnodeck 215
Table 260 Technodeck: Company Overview 215

11 Appendix 216
11.1 Discussion Guide 216
11.2 Knowledgestore: Marketsandmarkets’ Subscription Portal 219
11.3 Available Customizations 221
11.4 Related Report 221
11.5 Author Details 222

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