The growing building and construction industry – The increasing infrastructural activity driven by public, private and personal capital expenditure by the government, commercial players and households contributes to the growing building and construction industry. The government pushes the real-estate economy towards growth and development by funding new public infrastructural projects to revive the economy. The commercial players are investing in developing new office spaces and commercial establishments like malls, theatres etc. The households are driving the demand for new houses and an equally rising demand for retrofitting and redeveloping private property. Wood plastic composites have extensive application in the building and construction industry given their high strength, durability, termite and water-proof properties. They are used in flooring, decking, wall-panelling, doors, window frames, and furniture. They are also used in fences, railings and guarding. WPC is eco-friendly, easy to produce, long-lasting and has low maintenance. Therefore, the North American wood plastic market will also witness significant growth with the growing building and construction industry.
The high cost of Wood plastic composites – the combination of wood and plastic offers the advantages of both materials. However, the limitation of both materials is also combined. The wood plastic composite material is not resistant to temperature, and high temperature can cause damage to any resultant product. Furthermore, the natural texture of the wood is not found in WPC composite. The high cost of wood plastic composite is the most significant disadvantage, given the presence of cheaper and equally resilient materials in the market. Therefore, the high cost of wood plastic composites will hamper the market's growth.
The eco-friendly and sustainable nature of wood plastic composite – Plastic has become a formidable part of every economy, given its extensive use across industries. However, the exploitation and overuse of plastic over the last few decades have caused several environmental consequences impacting nature. Plastic is not-biodegradable and stays in the ecosystem for decades, causing extensive damage to the flora, fauna, land, water, soil and ultimately, the human population. It is imperative to deal with the growing menace of plastic waste. Wood plastic composite is a plastic additive that is produced from plastic waste gathered from multiple industries. The resultant product has extensive application with a long life cycle. WPC is also recyclable. The growing emphasis on reducing the use of plastic and shifting towards the most sustainable, eco-friendly and environmentally-conscious choices will offer lucrative opportunities for the development of the wood plastic market during the forecast period.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Product Type
4.3.2. Market Attractiveness Analysis by Application
4.3.3. Market Attractiveness Analysis by Country
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The growing building and construction industry
5.3. Restraints
5.3.1. The high cost of wood plastic composites
5.4. Opportunities
5.4.1. The eco-friendly and sustainable nature of wood plastic composite
5.5. Challenges
5.5.1. The lack of awareness
6. North America Wood Plastic Composites Market Analysis and Forecast, By Product Type
6.1. Segment Overview
6.2. Polyethylene
6.3. Polyvinylchloride
6.4. Polypropylene
6.5. Others
7. North America Wood Plastic Composites Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Building and Construction
7.3. Industrial and Agricultural Products
7.4. Automotive Components
7.5. Others
8. North America Wood Plastic Composites Market Analysis and Forecast, By Country-Wise Analysis
8.1. Segment Overview
8.2. U.S.
8.3. Canada
8.4. Mexico
9. North America Wood Plastic Composites Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in the Wood Plastic Composites Market
9.2.1. North America Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Advanced Environmental Recycling Technologies, Inc. (AERT)
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. American Wood Fibers Inc.
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. CertainTeed Corporation
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Polymera, Inc.
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. PolyPlank AB
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. TAMKO Building Products, Inc.
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. TimberTech
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Trex Company, Inc.
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Universal Forest Product
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Wellington Polymer Technology Inc.
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
List of Table
1. North America Wood Plastic Composites Market, By Product Type, 2019-2032 (USD Billion)
2. North America Polyethylene Wood Plastic Composites Market, By Region, 2019-2032 (USD Billion)
3. North America Polyvinylchloride Wood Plastic Composites Market, By Region, 2019-2032 (USD Billion)
4. North America Polypropylene Wood Plastic Composites Market, By Region, 2019-2032 (USD Billion)
5. North America Others Wood Plastic Composites Market, By Region, 2019-2032 (USD Billion)
6. North America Wood Plastic Composites Market, By Application, 2019-2032 (USD Billion)
7. North America Building and Construction Wood Plastic Composites Market, By Region, 2019-2032 (USD Billion)
8. North America Industrial and Agricultural Products Wood Plastic Composites Market, By Region, 2019-2032 (USD Billion)
9. North America Automotive Components Wood Plastic Composites Market, By Region, 2019-2032 (USD Billion)
10. North America Others Wood Plastic Composites Market, By Countries, 2019-2032 (USD Billion)
11. U.S. Wood Plastic Composites Market, By Product Type, 2019-2032 (USD Billion)
12. U.S. Wood Plastic Composites Market, By Application, 2019-2032 (USD Billion)
13. Canada Wood Plastic Composites Market, By Product Type, 2019-2032 (USD Billion)
14. Canada Wood Plastic Composites Market, By Application, 2019-2032 (USD Billion)
15. Mexico Wood Plastic Composites Market, By Product Type, 2019-2032 (USD Billion)
16. Mexico Wood Plastic Composites Market, By Application, 2019-2032 (USD Billion)
List of Figures
1. North America Wood Plastic Composites Market Segmentation
2. Wood Plastic Composites Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. North America Wood Plastic Composites Market Attractiveness Analysis by Product Type
9. North America Wood Plastic Composites Market Attractiveness Analysis by Application
10. North America Wood Plastic Composites Market Attractiveness Analysis by Country
11. North America Wood Plastic Composites Market: Dynamics
12. North America Wood Plastic Composites Market Share by Product Type (2022 & 2032)
13. North America Wood Plastic Composites Market Share by Application (2022 & 2032)
14. North America Wood Plastic Composites Market Share by Countries (2022 & 2032)
15. North America Wood Plastic Composites Market Share by Company (2022)
This study forecasts revenue at regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the North America Wood Plastic Composites Market based on below mentioned segments:
North America Wood Plastic Composites Market by Product Type:
North America Wood Plastic Composites Market by Application:
North America Wood Plastic Composites Market by Country:
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