PUBLISHER: Grand View Research | PRODUCT CODE: 1908584
PUBLISHER: Grand View Research | PRODUCT CODE: 1908584
The global wood plastic composites market size was estimated at USD 8.89 billion in 2025 and projected to reach USD 21.51 billion by 2033, growing at a CAGR of 11.7% from 2026 to 2033. The market is driven by the rising demand for sustainable construction materials, as well as an increase in renovation and repair activities in the residential sector worldwide.
Wood plastic composites are increasingly being used in construction applications. Wood plastic composites are being employed in roofing applications as well as in the manufacturing of glass windows.
Wood plastic composites are increasingly being used in construction applications. Wood plastic composites are being employed in roofing applications as well as in the manufacturing of glass windows. In developing countries, wood-plastic composites are replacing standard wood in roofing applications due to their high strength. This is due to its tendency to break into larger pieces compared to standard wood, which prevents sharp shards upon breakage and can lead to serious human injuries in the event of an accident.
Furthermore, wood-plastic composite has a lower melting temperature compared to conventional wood products, which lowers the energy cost for end-users and also reduces the environmental impact of the product. Wood-plastic composite can be worked with the same tools used for wood products. This factor eliminates the investments the manufacturers must make and the risks associated with recouping the same.
Biggest tech companies such as IBM, Microsoft, and Cisco are investing in megaprojects to build smart, sustainable cities across the globe. Investments in these cities are expected to reach USD 135.00 trillion in the next two years. In addition to these cities, international megaprojects such as Hudson Yards and Masdar City have created opportunities for interior construction manufacturers, resulting in a surge in wood plastic composite demand over the coming years.
Wood flour is hygroscopic in nature and must be properly wetted with the use of a thermoplastic matrix; otherwise, it can absorb moisture, leading to weak mechanical properties, unwanted odors, and microbial attacks. The technique requires complex machine arrangements and skilled laborers, resulting in increasing the overall cost of the products. This, in turn, can restrict the market growth over the projected years.
Global Wood Plastic Composites Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global wood plastic composites market report based on product, application, and region.