ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET 2022-2028

 

 

TABLE OF CONTENTS

1.     ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET - SUMMARY

2.     INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1.    POLYPROPYLENE IS A RAPIDLY GROWING WOOD PLASTIC COMPOSITE TYPE

2.2.2.    BUILDING & CONSTRUCTION PRODUCTS MAJORLY USE WOOD PLASTIC COMPOSITES

2.2.3.    IMPROVEMENT IN PRODUCTION TECHNIQUE

2.2.4.    ADVANTAGE OF RECYCLABLE RAW MATERIALS

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1.    THREAT OF NEW ENTRANTS

2.3.2.    THREAT OF SUBSTITUTES

2.3.3.    BARGAINING POWER OF SUPPLIERS

2.3.4.    BARGAINING POWER OF BUYERS

2.3.5.    INTENSITY OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. IMPACT OF COVID-19 ON THE MARKET     

2.7. KEY MARKET STRATEGIES     

2.7.1.    CONTRACTS & PARTNERSHIPS         

2.7.2.    BUSINESS EXPANSIONS & DIVESTITURES  

2.7.3.    NEW PRODUCT LAUNCHES

2.8. MARKET DRIVERS

2.8.1.    RISING DEMAND FROM THE BUILDING AND CONSTRUCTION INDUSTRY

2.8.2.    RISE IN DEMAND FOR RECYCLABLE MATERIALS IN THE AUTOMOTIVE INDUSTRY

2.8.3.    BAN ON ARSENIC TOXINS, CHROMIUM, AND TOXINS COPPER

2.9. MARKET CHALLENGES

2.9.1.    PERFORMANCE LIMITATIONS

2.9.2.    SUSCEPTIBILITY TO STRUGGLE UNDER HEAVY LOAD

2.9.3.    LOWERING WEIGHT OF WPC PRODUCTS

2.10.               MARKET OPPORTUNITIES

2.10.1.                    ENVIRONMENTAL CONCERNS

2.10.2.                    RISE IN DEMAND FOR PVC-CAPPED DECKING PRODUCTS

3.     ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET OUTLOOK - BY TYPE

3.1. POLYETHYLENE (PE)

3.2. POLYVINYL CHLORIDE (PVC)

3.3. POLYPROPYLENE (PP)

3.4. OTHER TYPES

4.     ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET OUTLOOK - BY APPLICATION

4.1. BUILDING & CONSTRUCTION PRODUCTS

4.2. AUTOMOTIVE COMPONENTS

4.3. INDUSTRIAL & CONSUMER GOODS

4.4. OTHER APPLICATIONS

5.     WOOD PLASTIC COMPOSITES MARKET – ASIA-PACIFIC

5.1. COUNTRY ANALYSIS

5.1.1.    CHINA

5.1.2.    JAPAN

5.1.3.    INDIA

5.1.4.    SOUTH KOREA

5.1.5.    ASEAN COUNTRIES

5.1.6.    AUSTRALIA & NEW ZEALAND

5.1.7.    REST OF ASIA-PACIFIC

6.     COMPETITIVE LANDSCAPE

6.1. MOISTURESHIELD

6.2. AXION INTERNATIONAL INC

6.3. BEOLOGIC NV

6.4. CERTAINTEED CORPORATION

6.5. FIBERON LLC

6.6. FKUR KUNSTSTOFF GMBH

6.7. JELU WERK JOSEF EHRLER GMBH AND CO KG

6.8. POLYPLANK AB

6.9. TAMKO BUILDING PRODUCTS INC

6.10.               TIMBERTECH LIMITED

6.11.               TREX COMPANY INC

6.12.               UNIVERSAL FOREST PRODUCTS INC

6.13.               UPM

7.     RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.1.1.    OBJECTIVES OF STUDY

7.1.2.    SCOPE OF STUDY

7.2. SOURCES OF DATA

7.2.1.    PRIMARY DATA SOURCES

7.2.2.    SECONDARY DATA SOURCES

7.3. RESEARCH METHODOLOGY

7.3.1.    EVALUATION OF PROPOSED MARKET

7.3.2.    IDENTIFICATION OF DATA SOURCES

7.3.3.    ASSESSMENT OF MARKET DETERMINANTS

7.3.4.    DATA COLLECTION

7.3.5.    DATA VALIDATION & ANALYSIS

 

LIST OF TABLES  

TABLE 1: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD        

TABLE 3: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)         

TABLE 4: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY TYPE, 2022-2028 (IN KILOTON)

TABLE 5: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)     

TABLE 6: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY APPLICATION, 2022-2028 (IN KILOTON)       

TABLE 7: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION) 

TABLE 8: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY COUNTRY, 2022-2028 (IN KILOTON)   

         

LIST OF FIGURES 

FIGURE 1: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY APPLICATION, 2021 & 2028 (IN %)

FIGURE 2: ASIA-PACIFIC POLYPROPYLENE MARKET, 2022-2028 (IN $ MILLION)    

FIGURE 3: ASIA-PACIFIC BUILDING & CONSTRUCTION MARKET, 2022-2028 (IN $ MILLION)        

FIGURE 4: PORTER’S FIVE FORCES ANALYSIS     

FIGURE 5: MARKET ATTRACTIVENESS INDEX      

FIGURE 6: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY POLYETHYLENE (PE), 2022-2028 (IN $ MILLION)   

FIGURE 7: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY POLYVINYL CHLORIDE (PVC), 2022-2028 (IN $ MILLION) 

FIGURE 8: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY POLYPROPYLENE (PP), 2022-2028 (IN $ MILLION) 

FIGURE 9: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY OTHER TYPES, 2022-2028 (IN $ MILLION)    

FIGURE 10: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY BUILDING & CONSTRUCTION PRODUCTS, 2022-2028 (IN $ MILLION) 

FIGURE 11: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY AUTOMOTIVE COMPONENTS, 2022-2028 (IN $ MILLION) 

FIGURE 12: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY INDUSTRIAL & CONSUMER GOODS, 2022-2028 (IN $ MILLION) 

FIGURE 13: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION) 

FIGURE 14: ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)             

FIGURE 15: CHINA WOOD PLASTIC COMPOSITES MARKET 2022-2028 (IN $ MILLION)      

FIGURE 16: JAPAN WOOD PLASTIC COMPOSITES MARKET 2022-2028 (IN $ MILLION)      

FIGURE 17: INDIA WOOD PLASTIC COMPOSITES MARKET 2022-2028 (IN $ MILLION)  

FIGURE 18: SOUTH KOREA WOOD PLASTIC COMPOSITES MARKET 2022-2028 (IN $ MILLION)

FIGURE 19: ASEAN COUNTRIES WOOD PLASTIC COMPOSITES MARKET 2022-2028 (IN $ MILLION)

FIGURE 20: AUSTRALIA & NEW ZEALAND WOOD PLASTIC COMPOSITES MARKET 2022-2028 (IN $ MILLION)    

FIGURE 21: REST OF ASIA-PACIFIC WOOD PLASTIC COMPOSITES MARKET 2022-2028 (IN $ MILLION)

 

 

MARKET OUTLOOK

Triton’s research report on the Asia-Pacific wood plastic composites market estimates the market to progress at a CAGR of 10.31% in revenue and 8.85% in volume through the projected years 2022-2028. South Korea, India, China, Japan, Australia & New Zealand, ASEAN countries, and Rest of Asia-Pacific outline the market in this region.

Japan is an automobile hub in the region comprising multi-million-dollar automakers. The wood plastic composite materials are gaining significant traction in the country, with the market growing at a considerably stable rate each year. Several automakers in the country are increasingly incorporating plastic composites formed of wood, straw, rice, and other materials to reduce car’s weight and carbon footprint. Hence, these factors support the growth of the wood plastic composites market to a large extent.

On the other hand, India is among the top ten consumers of wood plastic composite materials globally. Wood plastic composites are expected to have high growth in the country due to their biodegradability. The demand for these materials is rising rapidly as they are an ideal alternative to wood, especially in outdoor applications. As a result, wood plastic composites are used across buildings, automotive components, and others. As per estimates, the demand for wood plastic composites will witness high growth in the upcoming years. Therefore, all these factors propel the wood plastic composites market on a growth path over the forecast period.

 

Get more insights into the Asia-Pacific Wood Plastic Composites Market:

 

https://www.tritonmarketresearch.com/reports/asia-pacific-wood-plastic-composites-market

 

 

COMPETITIVE OUTLOOK

Major companies in the wood plastic composites market include Polyplank AB,Jelu Werk Josef Ehrler GmbH and Co KG, Universal Forest Products Inc, Fkur Kunststoff GmbH, UPM, and Timbertech Limited.

 

 

SEGMENTATION

1.     MOISTURESHIELD

2.     AXION INTERNATIONAL INC

3.     BEOLOGIC NV

4.     CERTAINTEED CORPORATION

5.     FIBERON LLC

6.     FKUR KUNSTSTOFF GMBH

7.     JELU WERK JOSEF EHRLER GMBH AND CO KG

8.     POLYPLANK AB

9.     TAMKO BUILDING PRODUCTS INC

10. TIMBERTECH LIMITED

11. TREX COMPANY INC

12. UNIVERSAL FOREST PRODUCTS INC

13. UPM