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North America Wood Plastic Composites Market - Opportunity Analysis and Industry Forecast, 2017-2023

North America Wood Plastic Composites Market - Opportunity Analysis and Industry Forecast, 2017-2023

  • March 2018
  • 175 pages
  • ID: 5371965

Summary

Table of Contents

North America Wood Plastic Composites Market by Type (PE-based Composites, PVC-based Composites, PP-based Composites, and Others), by Application (Building & Construction, Automotive Components, Industrial & Agriculture Products, and Others), and by Country (U.S., Canada, and Rest of North America) - Opportunity Analysis and Industry Forecast, 2017-2023

The North America wood plastic composites market was valued at $736 million in 2016, and is projected to reach $1,876 million by 2023, registering a CAGR of 12.4% from 2017 to 2023. Wood plastic composites (WPCs) are made up of recycled plastic and wood wastes with beneficial features such as low melting temperature that results in lower energy costs for producers. This also reduces the impact of the product on the environment. These composites are growing at the highest rate among the plastic additives. These hybrid materials provide sustainability, longevity, and cost savings in a wide range of applications such as car speakers, interiors, home furniture, and kitchen accessories.

KEY BENEFITS FOR STAKEHOLDERS
The report provides an in-depth analysis of the current trends, drivers, and dynamics of the North America wood plastic composites market to elucidate the prevailing opportunities and tap the investment pockets.
It offers qualitative trends and quantitative analyses of the industry from 2016 to 2023 to assist stakeholders to understand the market scenario.
In-depth analysis of the key segments demonstrates the market potential of the North America wood plastic composites industry.
Competitive intelligence of the industry highlights the business practices followed by key players across the region and prevailing market opportunities.
Key market players and their strategies & developments are profiled to understand the competitive outlook of the market.

KEY MARKET SEGMENTS

By Type
PE-based Composites
PVC-based Composites
PP-based Composites
Others

By Application
Building & Construction
Automotive Components
Industrial & Consumer Products
Others

By Country
U.S.
Canada
Rest of North America

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