Wood plastic composite Market Latest Industry Trends and Industry Insights Forecast to 2027
                     Adroit Market Research
Wood Plastic Composite Market
by Type (Polyethylene, Polyvinylchloride, Polypropylene, 
Others), Application (Automotive, Building and 
Construction, Industrial and Consumer Goods, Others) 
and Region, Global Forecasts 2020 to 2025
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Increasing Demand From Building And Construction Across Economies 
Like India Will Drive The Market Of Wood Plastic Composites To Grow 
At A CAGR Of More Than 9%.
• The global wood plastic composites market is projected to reach more than 7 million tons by 2025. Wood plastic 
composites (WPC) are compounds comprising recycled plastic and wood wastes with beneficial features such as reduced 
melting temperature resulting in lower energy costs for producers and further reducing the product’s environmental 
impact. However, higher costs for raw materials and mechanical strength and/or weight problems hamper their ability for 
various structural applications. On the other hand, the increased use of biodegradable raw materials in the global WPC 
industry is expected to generate opportunities.
• Based on type, the global WPC market is segmented into Polyethylene, Polyvinylchloride, Polypropylene, others. Among 
this, Polyethylene is projected to dominate the market owing to its better properties. Moreover, the rising demand for 
polyethylene composites in the automotive industry owing to its low cost, high stiffness, and biodegradability is expected 
to further propel market growth over the coming years.
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Increasing Demand From Building And Construction Across Economies Like 
India Will Drive The Market Of Wood Plastic Composites To Grow At A CAGR Of 
More Than 9%.
• The procedure requires complex equipment and qualified workers hence increasing the overall cost of the product. In 
addition, a growing market for environmentally friendly low maintenance and high-performance products is anticipated in 
the next five years to raise global demand for wood-plastic composites. In terms of application, the global market is divided 
into Automotive, Building and Construction, Industrial and Consumer Goods, Others.
• The global market of wood plastic composites is also segmented into various geographies such as North America, Europe, 
Asia Pacific, Middle East & Africa, and Central & South America. North America accounted for a major market revenue 
share. Due to the growing application reach of the wood plastic composite, demand is expected to rise considerably over 
the next six years in the US. Market players have adopted merger as their key strategy to widen their brand portfolios and 
expand their market reach.
• Key players include Trex Company, Inc., Axion Structural Innovations LLC, Beologic N.V., Oldcastle Architectural Inc., 
CertainTeed Corporation, Fiberon, LLC, Fkur Kunststoff GmbH, Guangzhou Kindwood Co. Ltd., Jelu-Werk Josef Ehrler GmbH 
& Co. KG, Woodmass, PolyPlank AB, Renolit, TAMKO Building Products, Inc
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Key segments across Wood plastic composite market
Type Overview, 2018-2025, (USD Billion) (Million Tons)
• Polyethylene
• Polyvinylchloride
• Polypropylene
• Others
Applications Overview, 2018-2025, (USD Billion) (Million Tons)
• Automotive
• Building and Construction
• Industrial and Consumer Goods
• Others
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