Asia Pacific Wood Plastic Composites Market Forecast 2020-2028

Asia Pacific Wood Plastic Composites Market Forecast 2020-2028

KEY FINDINGS
The Asia Pacific wood plastic composites market is anticipated to register a CAGR of 13.28% in terms of revenue during the estimated period of 2020-2028. Further, the market is projected to register a CAGR of 11.82% in terms of volume over this period. China was the largest share-holder of more than 61.87%, in terms of revenue of the Asia Pacific wood plastic composites market. With the growth of the manufacturing sector in China, WPC materials are being used to increase the shelf life and durability of the products. Asian countries are increasing their production capacity of WPC to meet the global demand.

MARKET INSIGHTS
The Asia Pacific wood plastic composites market is analyzed further by segregating the market region into countries such as South Korea, India, Australia & New Zealand, China, ASEAN, Japan, and the rest of Asia Pacific. The infrastructure and the real estate sectors of the ASEAN countries are witnessing rapid growth due to growth in the tourism industry, and WPC is widely used in the infrastructure industry because they are more durable and have longer shelf life compared to normal wood. In these countries, the future of the WPC market would depend on many factors, for example, product quality, product identification, consumer response, and success of research and development efforts.

In countries like Australia and New Zealand, the growth of residential and non-residential building sector is accelerating the demand for wood plastic composites. The high growth of the construction sector and the development of infrastructure projects in Australia will support market growth. In addition, the growing sales of electric vehicles are estimated to create lucrative growth opportunities for the WPC market in Australia and New Zealand. In the rest of the Asia Pacific, the growth in the construction and automobile industry will be the primary factors driving the market growth.

COMPETITIVE INSIGHTS
Fiberon, LLC, Universal Forest Products, Inc., Trex Company, Inc., TimberTech, etc. are some of the renowned companies operating in the market.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments


1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Parent Market Analysis: Wood Products Manufacturing Market
3.2. Market Definition
3.3. Key Drivers
3.3.1. Growing Demand From Building And Construction Applications
3.3.2. Ban On The Use Of Arsenic Toxins, Chromium And Toxins Copper
3.3.3. Increasing Demand For Recyclable Materials In Automotive Industry
3.3.4. Increasing Demand For Pvc-capped Decking Products
3.3.5. Environmental Concern
3.4. Key Restraints
3.4.1. Lack Of Rigidity And Impact Of Heavy Load
3.4.2. Product Limitations In Certain Applications
3.4.3. Lack Of Well-defined Quality Standards
3.4.4. Reducing The Weight Of Wpc Products
3.4.5. Low Preference For Recyclates In Products
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter’s Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
4.5. Supply Chain Analysis
5. Market By Type
5.1. Polyethylene (Pe)
5.2. Polyvinylchloride (Pvc)
5.3. Polypropylene (Pp)
5.4. Other Types
6. Market By Application
6.1. Building & Construction Products
6.2. Automotive Components
6.3. Industrial & Consumer Goods
6.4. Other Applications
7. Geographical Analysis
7.1. Asia Pacific
7.1.1. China
7.1.2. Japan
7.1.3. India
7.1.4. South Korea
7.1.5. Asean
7.1.6. Australia & New Zealand
7.1.7. Rest Of Asia Pacific
8. Company Profiles
8.1. Mositureshield (Formerly Advanced Environmental Recycling Technologies, Inc. (Aert)) (Acquired By Oldcastle Architectural)
8.2. Axion International, Inc.
8.3. Beologic N.V.
8.4. Certainteed Corporation
8.5. Fiberon, Llc (Acquired By Fortune Brands Home & Security Inc.)
8.6. Fkur Kunststoff Gmbh
8.7. Jelu-werk Josef Ehrler Gmbh & Co. Kg
8.8. Polyplank Ab
8.9. Tamko Building Products, Inc.
8.10. Timbertech Limited
8.11. Trex Company, Inc.
8.12. Universal Forest Products, Inc.
List Of Tables
Table 1: Market Snapshot – Wood Plastic Composites
Table 2: Asia Pacific Wood Plastic Composites Market, By Type, Historical Years, 2016-2019 (In $ Million)
Table 3: Asia Pacific Wood Plastic Composites Market, By Type, Forecast Years, 2020-2028 (In $ Million)
Table 4: Asia Pacific Wood Plastic Composites Market, By Type, Historical Years, 2016-2019 (In Kilotons)
Table 5: Asia Pacific Wood Plastic Composites Market, By Type, Forecast Years 2020-2028 (In Kilotons)
Table 6: Asia Pacific Wood Plastic Composites Market, By Application, Historical Years, 2016-2019 (In $ Million)
Table 6: Asia Pacific Wood Plastic Composites Market, By Application, Forecast Years, 2020-2028 (In $ Million)
Table 7: Asia Pacific Wood Plastic Composites Market, By Application, Historical Years, 2016-2019 (In Kilotons)
Table 8: Asia Pacific Wood Plastic Composites Market, By Application, Forecast Years, 2020-2028 (In Kilotons)
Table 9: Asia Pacific Wood Plastic Composites Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 10: Asia Pacific Wood Plastic Composites Market, By Country, Forecast Years, 2020-2028 (In $ Million)
Table 11: Asia Pacific Wood Plastic Composites Market, By Country, Historical Years, 2016-2019 (In Kilotons)
Table 12: Asia Pacific Wood Plastic Composites Market, By Country, Forecast Years, 2020-2028 (Kilotons)
List Of Figures
Figure 1: Key Investment Insights
Figure 2: Porter’s Five Force Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: Asia Pacific Wood Plastic Composites Market, Growth Potential, By Type, In 2019
Figure 6: Asia Pacific Wood Plastic Composites Market, Polyethylene (Pe), 2020-2028 (In $ Million)
Figure 7: Asia Pacific Wood Plastic Composites Market, Polyvinylchloride (Pvc), 2020-2028 (In $ Million)
Figure 8: Asia Pacific Wood Plastic Composites Market, Polypropylene (Pp), 2020-2028 (In $ Million)
Figure 9: Asia Pacific Wood Plastic Composites Market, Other Types, 2020-2028 (In $ Million)
Figure 10: Asia Pacific Wood Plastic Composites Market, Growth Potential, By Application, In 2019
Figure 11: Asia Pacific Wood Plastic Composites Market, Building & Construction Products, 2020-2028 (In $ Million)
Figure 12: Asia Pacific Wood Plastic Composites Market, Automotive Components, 2020-2028 (In $ Million)
Figure 13: Asia Pacific Wood Plastic Composites Market, Industrial & Consumer Goods, 2020-2028 (In $ Million)
Figure 14: Asia Pacific Wood Plastic Composites Market, Other Applications, 2020-2028 (In $ Million)
Figure 15: Asia Pacific Wood Plastic Composites Market, Regional Outlook, 2019 & 2028 (In %)
Figure 16: China Wood Plastic Composites Market, 2020-2028 (In $ Million)
Figure 17: Japan Wood Plastic Composites Market, 2020-2028 (In $ Million)
Figure 18: India Wood Plastic Composites Market, 2020-2028 (In $ Million)
Figure 19: South Korea Wood Plastic Composites Market, 2020-2028 (In $ Million)
Figure 20: Asean Wood Plastic Composites Market, 2020-2028 (In $ Million)
Figure 21: Australia & New Zealand Wood Plastic Composites Market, 2020-2028 (In $ Million)
Figure 22: Rest Of Asia Pacific Wood Plastic Composites Market, 2020-2028 (In $ Million)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook