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REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 15.5 billion by 2030 | 12.2% | Asia Pacific |
| by Type | by Application | by Region |
|---|---|---|
|
|
|
SCOPE OF THE REPORT
Market Overview
The global Recycled Wood Plastic Composites market size is projected to grow from USD 6.92 billion in 2023 to USD 15.5 billion by 2030, exhibiting a CAGR of 12.2% during the forecast period.
Recycled Wood Plastic Composites (WPC) are a type of ecologically friendly material made of recycled wood fibers or sawdust with recycled plastic. WPCs are designed to blend the finest qualities of wood and plastic, resulting in a long-lasting, flexible, and low-maintenance material suited for a variety of applications such as decking, fencing, and outdoor furniture. The use of recycled materials in WPCs reduces the need for virgin resources, reducing environmental impact and contributing to the circular economy. These materials divert trash from landfills by mixing post-consumer or post-industrial wood and plastic waste into the composite, making them a greener alternative to typical wood products. The reclaimed wood components add to the material’s natural beauty, while the plastic portion increases longevity and resistance to rot, insects, and weathering. Recycled Wood Plastic Composites are an example of a long-term solution that solves both environmental concerns and the requirement for functional, long-lasting building materials.
The market for Recycled Wood Plastic Composites (WPC) is important in the perspective of sustainable and eco-friendly construction materials. Demand for recycled WPC has increased significantly as society’s value ecologically responsible behaviours. This market solves critical environmental issues by reusing post-consumer and post-industrial wood and plastic waste into long-lasting, multifunctional, and aesthetically beautiful products. The utilization of recycled material decreases reliance on virgin resources, reducing deforestation and lowering the environmental effect of plastic manufacture. By reducing trash from landfills and integrating it into valuable goods, the recycled WPC sector plays a critical role in supporting a circular economy.
Because of its versatility in applications including as decking, fencing, and furniture, WPCs are positioned as sustainable alternatives to traditional materials, addressing the expectations of customers who desire both performance and environmental responsibility in their choices. The Recycled Wood Plastic Composites market is positioned to play a critical role in moulding the future of the building and manufacturing industries, as legislation and consumer preferences increasingly align with sustainability aims. The market for Recycled Wood Plastic Composites (WPC) is increasing owing to a mix of environmental consciousness, regulatory demands, and the intrinsic benefits afforded by this sustainable material.
One of the primary causes of rising demand is greater awareness of the environmental effect of traditional building materials such as virgin wood and non-recycled plastics. Recycled WPC solves these problems by employing post-consumer and post-industrial waste, decreasing the dependency on virgin resources and lowering the carbon footprint associated with manufacture. Regulatory efforts and construction regulations that encourage or require the use of environmentally friendly materials also help to the market for recycled WPC. As governments and organizations throughout the world tighten environmental restrictions, construction projects are being rewarded to use materials that fulfil sustainability requirements.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2030 |
| Base year | 2022 |
| Estimated year | 2023 |
| Forecasted year | 2023-2030 |
| Historical period | 2019-2021 |
| Unit | Value (USD Billion) (Kilotons) |
| Segmentation | By Type, Application, and Region |
| By Type |
|
| By Application |
|
| Â By Region
 |
|
Recycled Wood Plastic Composites Market Segmentation Analysis
The global Recycled Wood Plastic Composites market is bifurcated into three segments, by type, application and region. By type, the market is divided into polyethylene, polypropylene, polyvinyl chloride, by application the market is divided into building and construction, automotive, furniture, consumer goods and by region.
Based on type, the market is bifurcated into polyethylene, polypropylene, polyvinyl chloride. Polyethylene in the coming years, with an estimated market share of 65% is dominating. Each variety of plastic imparts distinct properties to WPC, affecting its performance and appropriateness for various applications. Polyethylene is often utilized in WPC formulations due to its flexibility and durability, making it excellent for outdoor decking and furniture. Polypropylene (PP) is expected to be the second-largest segment of the RWPC market, with an estimated market share of 25%. Polypropylene, with its excellent tensile strength and heat resistance, contributes to WPCs that are well suited for structurally demanding applications like fence.
In contrast, polyvinyl chloride has good weather ability and little maintenance, making it a popular choice for WPC items that must resist harsh climatic conditions. The market’s segmentation based on plastic types demonstrates the adaptability of Recycled Wood Plastic Composites, allowing producers and consumers to select materials that meet specific performance needs while adopting sustainable practices via the use of recycled components. This segmentation ensures that the Recycled WPC market can meet a wide range of demands across numerous sectors, contributing to the widespread use of eco-friendly and long-lasting building materials.
Based on application the market is bifurcated into building and construction, automotive, furniture, consumer goods. Recycled WPCs are widely used in the building and construction industry for decking, fencing, and other outdoor applications due to its durability, resilience to weather conditions, and eco-friendly composition. WPCs are used in the car industry for interior components, providing a balance between lightweight construction and sustainable materials. WPCs’ adaptability is being used in the furniture industry to create long-lasting and visually beautiful outdoor furniture.
Additionally, the usage of Recycled WPCs in different products, like as home items and recreational equipment, benefits both functionality and environmental friendliness. This application segmentation emphasizes the versatility and broad appeal of Recycled Wood Plastic Composites across varied industries, demonstrating their ability to achieve sustainability goals while meeting the particular performance needs of many sectors. Additionally, the usage of Recycled WPCs in different products, like as home items and recreational equipment, benefits both functionality and environmental friendliness. This application segmentation emphasizes the versatility and broad appeal of Recycled Wood Plastic Composites across varied industries, demonstrating their ability to achieve sustainability goals while meeting the particular performance needs of many sectors.
Recycled Wood Plastic Composites Market Dynamics
Driver
Increasing demand for sustainable materials drives the growth of market.
The increased demand for sustainable materials originates from a global trend toward more ecologically conscious activities, fueled by growing awareness of climate change and resource depletion. Consumers and companies alike place a premium on items and materials that have a low environmental effect. In response to this need, recycled wood plastic composites (RWPCs) have developed as a potential alternative. RWPCs not only remove huge amounts of material from landfills, but also contribute to a more circular economy by lowering reliance on virgin resources. This sustainable strategy corresponds with the expectations of environmentally concerned customers and businesses, providing a practical means to address concerns about deforestation and plastic pollution. RWPCs offer a practical and eco-friendly alternative, demonstrating how material innovation can play a critical role in fulfilling the growing demand for goods that value sustainability and have a smaller total carbon impact.
Restraint
The market for Recycled Wood Plastic Composites (WPC) has the potential for higher production costs when compared to conventional materials.
Cost concerns are a key exclusion in the Recycled Wood Plastic Composites (WPC) business, hindering wider adoption, particularly in price-sensitive regions. The manufacture of recovered WPCs is a multi-step process that includes the collecting, sorting, and recycling of wood and plastic waste. While good to the environment, this method might be more resource-intensive than the extraction and processing of raw materials. As a result, the overall production cost of recycled WPCs may be greater than that of traditional materials, posing a hurdle to market penetration, particularly in industries and countries where cost efficiency is a main issue. The economic feasibility of recycled WPCs is dependent on establishing a balance between sustainable procedures and competitive pricing. Recycling technology innovations and economies of scale might possibly minimize these cost constraints over time, enabling widespread adoption of recycled WPCs as a mainstream, cost-effective alternative to traditional materials. Efforts to address cost factors are critical for ensuring that the environmental advantages of recycled WPCs correspond with economic realities, allowing their inclusion into a more sustainable and cost-competitive market.
Opportunities
Growing environmental awareness present a significant opportunity for Recycled Wood Plastic Composites market.
The rising global awareness of environmental problems is proving to be a critical opportunity for the market for Recycled Wood Plastic Composites (WPC). With a growing emphasis on environmentally friendly activities, both consumers and businesses are actively pursuing eco-friendly solutions in a variety of industries. This increased environmental awareness has resulted in an increase in demand for materials that address important ecological problems, including the reduction of dependency on virgin resources and the reduction of waste output. Recycled WPCs are perfectly aligned with these environmental goals since they are made from post-consumer and post-industrial wood and plastic waste, diverting these resources from landfills. This is consistent with the wider global commitment to a circular economy, in which recycling and reusing resources are prioritized. The growing desire for Recycled WPCs shows a collaborative effort to solve environmental concerns, and firms that prioritize such materials are well positioned to fulfill the increasing demand for sustainable and eco-friendly solutions in the face of expanding environmental consciousness. In a world where sustainability is increasingly a key issue, both consumers and companies are actively pursuing eco-friendly options. Recycled wood and plastic composites stand out as an appealing alternative, providing a chance to dramatically reduce dependency on virgin resources by recycling discarded wood and plastic components. This not only diverts significant garbage from landfills, but it also tackles issues such as deforestation and plastic pollution. As environmental consciousness grows, so does the need for materials with a lower carbon footprint and a strong commitment to waste reduction.
Recycled Wood Plastic Composites Market Trends
- Product innovation is on the rise in the industry, with producers experimenting with new formulas and technologies to improve the performance, durability, and aesthetics of recycled WPCs. Blending ratio, additive, and processing method innovations all lead to the production of higher quality, more adaptable recycled WPC products.
- Recycled WPCs are gaining new usage outside of decking and fence. Diversification into industries such as automotive components, consumer items, and industrial uses is becoming more common. This development broadens the market’s reach and emphasizes the adaptability of recycled WPCs.
- The Recycled WPC industry is aligning with these ideas as the concept of a circular economy gets hold. Manufacturers are stressing their goods’ recyclability and sustainability, so contributing to the cyclical flow of materials and decreasing environmental effect.
- Collaborations among manufacturers, recyclers, and other stakeholders are becoming more widespread. These collaborations aim to simplify the supply chain, improve recycling procedures, and increase the overall sustainability of recovered WPC manufacture. These synergies lead to a more resilient and integrated industry.
- In the recycled WPC sector, environmental certifications and eco-labels are gaining traction. Manufacturers are increasingly pursuing and advertising certifications that certify their goods’ environmental performance and sustainability, allowing consumers to make more educated decisions based on eco-friendly credentials.
- Consumers are becoming more conscious of the environmental effect of goods. Consumers are actively looking for items that use recycled materials and are environmentally friendly. This increased knowledge is affecting purchase decisions and motivating firms to embrace open and environmentally friendly processes.
- Governments and regulatory organizations are playing an important role in defining the recycled WPC industry. Policies, incentives, and laws that stimulate the use of recycled materials are creating a favorable climate for industry growth. Compliance with these standards is increasingly important for manufacturers.
Competitive Landscape
The competitive landscape of the Recycled Wood Plastic Composites market was dynamic, with several prominent companies competing to provide innovative and advanced Recycled Wood Plastic Composites solutions.
- Trex Company, Inc
- Advanced Environmental Recycling Technologies
- Fiberon, LLC
- TimberTech
- Axion International, Inc
- Tangent Technologies, LLC
- Beologic N.V
- UPM Biocomposites
- FKuR Kunststoff GmbH
- CertainTeed Corporation
- Green Dot Bioplastics
- PolyOne Corporation
- Universal Forest Products, Inc
- Renew Plastics
- American Wood Fibers, Inc
- Resysta International GmbH
- Plastecowood Ltd
- Tamko Building Products, Inc
- Millboard Company Ltd.
- Perth Wood Plastic Composite Co., Ltd
Recent Developments:
June 01, 2023- In a bold move to expand its footprint in the competitive deck railing market, Trex Company [NYSE: TREX], the world’s largest manufacturer of high-performance wood-alternative decking and railing, has introduced Trex Select® T-Rail.
October 25, 2021- TimberTech, one of the world’s leading brands for beautiful, sustainable, high-performance decking and outdoor living products, joined forces with Yardzen, a premier online landscape design platform, to simplify the process for homeowners looking to design a custom outdoor oasis.
Regional Analysis
The Recycled Wood Plastic Composites (RWPC) market is dominated by Asia Pacific, with an estimated market share of 38% suggests that the Asia Pacific region holds a significant position in the global RWPC market.
Asia Pacific has seen significant urbanization and development activity, notably in China and India. The need for sustainable and ecologically friendly construction materials, such as RWPCs, has increased in tandem with the region’s infrastructural development. Concerns about the environmental effect of conventional materials have encouraged a shift toward more sustainable alternatives. Demand for RWPCs has increased as consumers and companies in Asia Pacific become more aware of the need for ecologically friendly goods. Many Asian countries have implemented rules and programs to encourage the use of recycled materials and sustainable construction methods. Government incentives help to boost the use of RWPCs in construction projects. Asia Pacific is located to a number of innovative industrial clusters. Because of this region’s manufacturing expertise, RWPCs can be produced efficiently, making these materials more widely available and cost-effective for a variety of applications. The regions massive and rising population, along with a burgeoning middle class, has raised consumer demand for contemporary homes and facilities. RWPCs, which are recognized for their adaptability and eco-friendliness, have gained popularity among consumers looking for long-term solutions.
Target Audience for Recycled Wood Plastic Composites Market
- Construction and Building Materials Industry
- Automotive Industry
- Furniture Manufacturers
- Consumer Goods Industry
- Government and Regulatory Bodies
- Environmental Organizations
- Architects and Designers
- Investors and Financial Institutions
- Research and Development Entities
- Consumers
- Educational Institutions
- Real Estate Developers and Construction Companies
- Waste Management and Recycling Companies
- Trade Associations and Industry Groups
Segments Covered in the Recycled Wood Plastic Composites Market Report
Recycled Wood Plastic Composites Market by Type
- Polyethylene
- Polypropylene
- Polyvinyl Chloride
Recycled Wood Plastic Composites Market by Application
- Building and construction
- Automotive
- Furniture
- Consumer goods
Recycled Wood Plastic Composites Market by Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
Key Question Answered
- What is the expected growth rate of the Recycled Wood Plastic Composites market over the next 7 years?
- Who are the key market participants in Recycled Wood Plastic Composites, and what are their market share?
- What are the end-user industries driving market demand and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, the Middle East, and Africa?
- How is the economic environment affecting the Recycled Wood Plastic Composites market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the Recycled Wood Plastic Composites market?
- What is the current and forecasted size and growth rate of the global Recycled Wood Plastic Composites market?
- What are the key drivers of growth in the Recycled Wood Plastic Composites market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the Recycled Wood Plastic Composites market?
- What are the technological advancements and innovations in the Recycled Wood Plastic Composites market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the Recycled Wood Plastic Composites market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the Recycled Wood Plastic Composites market?
- What are the product offerings and specifications of leading players in the market?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- RECYCLED WOOD PLASTIC COMPOSITES MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON RECYCLED WOOD PLASTIC COMPOSITES MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- RECYCLED WOOD PLASTIC COMPOSITES MARKET OUTLOOK
- GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE, 2020-2030, (USD BILLION) (KILOTONS)
- POLYETHYLENE
- POLYPROPYLENE
- POLYVINYL CHLORIDE
- GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION, 2020-2030, (USD BILLION) (KILOTONS)
- BUILDING AND CONSTRUCTION
- AUTOMOTIVE
- FURNITURE
- CONSUMER GOODS
- GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY REGION, 2020-2030, (USD BILLION) (KILOTONS)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES*
(BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- Â TREX COMPANY, INC
- ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES
- FIBERON, LLC
- TIMBERTECH
- AXION INTERNATIONAL, INC
- TANGENT TECHNOLOGIES, LLC
- BEOLOGIC N.V
- UPM BIOCOMPOSITES
- FKUR KUNSTSTOFF GMBH
- CERTAINTEED CORPORATION
- GREEN DOT BIOPLASTICS
- POLYONE CORPORATION
- UNIVERSAL FOREST PRODUCTS, INC
- RENEW PLASTICS
- AMERICAN WOOD FIBERS, INC
- RESYSTA INTERNATIONAL GMBH
- PLASTECOWOOD LTD
- TAMKO BUILDING PRODUCTS, INC
- MILLBOARD COMPANY LTD.
- PERTH WOOD PLASTIC COMPOSITE CO., LTD
*THE COMPANY LIST IS INDICATIVE
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LIST OF TABLES
TABLE 1 GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 2 GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 3 GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 4 GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 5 GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY REGION (USD BILLION) 2020-2030
TABLE 6 GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY REGION (KILOTONS) 2020-2030
TABLE 7 NORTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 8 NORTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2030
TABLE 9 NORTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 10 NORTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 11 NORTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 12 NORTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 13 US RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 14 US RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 15 US RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 16 US RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 17 CANADA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 18 CANADA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 19 CANADA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 20 CANADA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 21 MEXICO RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 22 MEXICO RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 23 MEXICO RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 24 MEXICO RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 25 SOUTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 26 SOUTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2030
TABLE 27 SOUTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 28 SOUTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 29 SOUTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 30 SOUTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 31 BRAZIL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 32 BRAZIL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 33 BRAZIL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 34 BRAZIL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 35 ARGENTINA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 36 ARGENTINA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 37 ARGENTINA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 38 ARGENTINA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 39 COLOMBIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 40 COLOMBIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 41 COLOMBIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 42 COLOMBIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 43 REST OF SOUTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 44 REST OF SOUTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 45 REST OF SOUTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 46 REST OF SOUTH AMERICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 47 ASIA-PACIFIC RECYCLED WOOD PLASTIC COMPOSITES MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 48 ASIA-PACIFIC RECYCLED WOOD PLASTIC COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2030
TABLE 49 ASIA-PACIFIC RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 50 ASIA-PACIFIC RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 51 ASIA-PACIFIC RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 52 ASIA-PACIFIC RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 53 INDIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 54 INDIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 55 INDIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 56 INDIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 57 CHINA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 58 CHINA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 59 CHINA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 60 CHINA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 61 JAPAN RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 62 JAPAN RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 63 JAPAN RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 64 JAPAN RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 65 SOUTH KOREA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 66 SOUTH KOREA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 67 SOUTH KOREA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 68 SOUTH KOREA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 69 AUSTRALIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 70 AUSTRALIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 71 AUSTRALIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 72 AUSTRALIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 73 SOUTH-EAST ASIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 74 SOUTH-EAST ASIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 75 SOUTH-EAST ASIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 76 SOUTH-EAST ASIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 77 REST OF ASIA PACIFIC RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 78 REST OF ASIA PACIFIC RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 79 REST OF ASIA PACIFIC RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 80 REST OF ASIA PACIFIC RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 81 EUROPE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 82 EUROPE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2030
TABLE 83 EUROPE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 84 EUROPE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 85 EUROPE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 86 EUROPE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 87 GERMANY RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 88 GERMANY RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 89 GERMANY RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 90 GERMANY RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 91 UK RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 92 UK RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 93 UK RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 94 UK RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 95 FRANCE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 96 FRANCE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 97 FRANCE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 98 FRANCE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 99 ITALY RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 100 ITALY RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 101 ITALY RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 102 ITALY RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 103 SPAIN RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 104 SPAIN RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 105 SPAIN RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 106 SPAIN RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 107 RUSSIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 108 RUSSIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 109 RUSSIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 110 RUSSIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 111 REST OF EUROPE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 112 REST OF EUROPE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 113 REST OF EUROPE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 114 REST OF EUROPE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 115 MIDDLE EAST AND AFRICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 116 MIDDLE EAST AND AFRICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2030
TABLE 117 MIDDLE EAST AND AFRICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 118 MIDDLE EAST AND AFRICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 119 MIDDLE EAST AND AFRICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 120 MIDDLE EAST AND AFRICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 121 UAE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 122 UAE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 123 UAE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 124 UAE RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 125 SAUDI ARABIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 126 SAUDI ARABIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 127 SAUDI ARABIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 128 SAUDI ARABIA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 129 SOUTH AFRICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 130 SOUTH AFRICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 131 SOUTH AFRICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 132 SOUTH AFRICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
TABLE 133 REST OF MIDDLE EAST AND AFRICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (USD BILLION) 2020-2030
TABLE 134 REST OF MIDDLE EAST AND AFRICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE (KILOTONS) 2020-2030
TABLE 135 REST OF MIDDLE EAST AND AFRICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 136 REST OF MIDDLE EAST AND AFRICA RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2030
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE USD BILLION, 2020-2030
FIGURE 9 GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION, USD BILLION, 2020-2030
FIGURE 10 GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY REGION, USD BILLION, 2020-2030
FIGURE 11 PORTER’S FIVE FORCES MODEL
FIGURE 12 GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY TYPE, USD BILLION 2022
FIGURE 13 GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY APPLICATION, USD BILLION 2022
FIGURE 14 GLOBAL RECYCLED WOOD PLASTIC COMPOSITES MARKET BY REGION, USD BILLION 2022
FIGURE 15 MARKET SHARE ANALYSIS
FIGURE 16 TREX COMPANY, INC: COMPANY SNAPSHOT
FIGURE 17 ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES: COMPANY SNAPSHOT
FIGURE 18 FIBERON, LLC: COMPANY SNAPSHOT
FIGURE 19 TIMBERTECH: COMPANY SNAPSHOT
FIGURE 20 AXION INTERNATIONAL, INC: COMPANY SNAPSHOT
FIGURE 21 TANGENT TECHNOLOGIES, LLC: COMPANY SNAPSHOT
FIGURE 22 BEOLOGIC N.V: COMPANY SNAPSHOT
FIGURE 23 UPM BIOCOMPOSITES: COMPANY SNAPSHOT
FIGURE 24 FKUR KUNSTSTOFF GMBH: COMPANY SNAPSHOT
FIGURE 25 CERTAINTEED CORPORATION: COMPANY SNAPSHOT
FIGURE 26 GREEN DOT BIOPLASTICS: COMPANY SNAPSHOT
FIGURE 27 POLYONE CORPORATION: COMPANY SNAPSHOT
FIGURE 28 UNIVERSAL FOREST PRODUCTS, INC: COMPANY SNAPSHOT
FIGURE 29 RENEW PLASTICS: COMPANY SNAPSHOT
FIGURE 30 AMERICAN WOOD FIBERS, INC: COMPANY SNAPSHOT
FIGURE 31 RESYSTA INTERNATIONAL GMBH: COMPANY SNAPSHOT
FIGURE 32 PLASTECOWOOD LTD: COMPANY SNAPSHOT
FIGURE 33 TAMKO BUILDING PRODUCTS, INC: COMPANY SNAPSHOT
FIGURE 34 MILLBOARD COMPANY LTD.: COMPANY SNAPSHOT
FIGURE 35 PERTH WOOD PLASTIC COMPOSITE CO., LTD: COMPANY SNAPSHOT
FAQ
The global Recycled Wood Plastic Composites market size was is projected to grow from USD 6.92 billion in 2023 to USD 15.5 billion by 2030, exhibiting a CAGR of 12.2% during the forecast period.
Asia Pacific accounted for the largest market in the Recycled Wood Plastic Composites market.
Trex Company, Advanced Environmental Recycling Technologies, Fiberon, LLC, TimberTech, Axion International, Tangent Technologies, LLC, Beologic N.V, UPM Biocomposites, FKuR Kunststoff GmbH, CertainTeed Corporation, Green Dot Bioplastics, PolyOne Corporation, Universal Forest Products, Renew Plastics, American Wood Fibers, Resysta International GmbH, Plastecowood Ltd, Tamko Building Products, Millboard Company Ltd., Perth Wood Plastic Composite Co., Ltd.
The recycled WPC market is expanding globally, with increased consumption in various countries. As sustainability becomes a global issue, the industry is expanding to new customers and sectors globally.
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