The North American wood plastic composites market was valued at USD 4 billion in 2022 and grew at a CAGR of 10% from 2023 to 2032. The market is expected to reach USD 10.37 billion by 2032. The growing building and construction industry will drive the growth of the North American wood plastic composites market.
As the name suggests, a wood-plastic composite is a mixture of wood and plastic. The composition allows the resultant material to have the best qualities of both plastic and wood, better than the two reactant materials and their properties. Thermoplastics such as PVC, PLA, polythene and polypropylene are used. One of the significant advantages of wood plastic composite is their eco-friendly nature, given that they can be produced with discarded plastic and wood. The high-recyclability of wood plastic composite without losing its properties also makes them an ideal choice in a sustainable economy. Furthermore, their maintenance is inexpensive given their 100% termite and waterproof nature. The water and termite-proof nature make WPC an optimum choice for outdoor flooring, decking, doors, windows, furniture, fences and railings. Combining these two elements makes the product heavier than PVC and lighter than traditional woodwork. WPC is also flexible giving consumers room to customize it according to their tastes and preferences, which prevents any compromise on aesthetics in the modern world. Furthermore, WPC does not corrode, decay or rot given the plastic element of the products, which makes it highly durable and resilient, expanding its life cycle and making it cost-effective. They can withstand harsh environmental conditions and elements. They are highly durable and easy to maintain.
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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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