Market Research Report
Europe Wood Plastic Composites Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||408524|
|Published||Content info||94 Pages
Delivery time: 2-3 business days
|Europe Wood Plastic Composites Market Forecast 2019-2027|
|Published: April 8, 2019||Content info: 94 Pages||
Between the forecast period of 2019-2027, the Europe wood plastic composite market is expected to rise with the highest CAGR of 11.86% by 2027. In terms of volume, it is expected to escalate at a CAGR of 10.36% and will generate a revenue share of $XX million.
The European wood-plastic composites market is a mature market. The U.K. wood-plastic composites market is predicted to be driven by the growing use of WPCs for manufacturing decking, fencing, furniture, doors, and sliding. In Germany, the WPCs are commonly used in the automobile industry as interior trim for door panels, seat cushions and backrests, dashboards, and luggage racks. The wood plastic composites market in France is expected to grow in the coming years due to the increasing concerns about the environment and deforestation. However, certain legal issues, low consumer preference for recyclates in products and the need to reduce the weight of WPC products are challenging the overall market growth.
CertainTeed, Josef Ehrler GmbH & Co. KG, Trex Company, Inc., Tamko Building Products, Inc., Fiberon, LLC, TimberTech, Advanced Environmental Recycling Technologies, Inc. (AERT), FKUR Kunststoff GmbH, Axion International, Inc., Universal Forest Products, Inc., Polymera, Inc., Polyplank AB, and Beologic N.V. are few of the noted WPC companies in this region.