LATIN AMERICA WOOD PLASTIC COMPOSITES MARKET 2022-2028

 

 

TABLE OF CONTENTS

1.     LATIN AMERICA 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.     LATIN AMERICA 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.     LATIN AMERICA 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 – LATIN AMERICA

5.1. COUNTRY ANALYSIS

5.1.1.    BRAZIL

5.1.2.    MEXICO

5.1.3.    REST OF LATIN AMERICA

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: LATIN AMERICA WOOD PLASTIC COMPOSITES MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD        

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

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

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

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

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

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

         

LIST OF FIGURES 

FIGURE 1: LATIN AMERICA WOOD PLASTIC COMPOSITES MARKET, BY APPLICATION, 2021 & 2028 (IN %)      

FIGURE 2: LATIN AMERICA POLYPROPYLENE MARKET, 2022-2028 (IN $ MILLION)    

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

FIGURE 4: PORTER’S FIVE FORCES ANALYSIS     

FIGURE 5: MARKET ATTRACTIVENESS INDEX      

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

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

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

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

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

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

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

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

FIGURE 14: LATIN AMERICA WOOD PLASTIC COMPOSITES MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)   

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

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

FIGURE 17: REST OF LATIN AMERICA WOOD PLASTIC COMPOSITES MARKET 2022-2028 (IN $ MILLION)    

         

 

MARKET OUTLOOK

Triton’s research report insinuates that the Latin American wood plastic composites market is estimated to exhibit growth at a CAGR of 9.46% and 8.01% in revenue and volume during the period 2022-2028. Mexico, Brazil, and Rest of Latin America shape the market in this region.

Automotive manufacturing has gained momentum in Mexico over the past few years. Presently, Audi, BMW, Mazda, and others have opened their production facilities in the country, adding to the automotive industry’s growth. As per estimates, cars account for the largest export in the country, making Mexico the fourth largest automobile exporter globally. In 2020, the automotive sector became the largest contributor to GDP for the first time. Therefore, as mentioned above, all these factors play a major role in driving the wood plastic composites market across the country.

In Rest of Latin America, the rising demand for high fuel efficiency in the automotive industry and continuous technological advancements in the transportation industry is anticipated to fuel the demand for wood plastic composites. Besides this, the growing demand from various application segments is further expected to drive the demand for wood plastic composite, thereby supplementing the growth of the wood plastic composites market over the forecast period.

 

COMPETITIVE OUTLOOK

The major companies in the wood plastic composites market consist of moistureshield, Beologic NV, Fiberon LLC, Polyplank AB, UPM, and Certainteed Corporation.

 

Get more insights into the Latin America Wood Plastic Composites Market:

 

https://www.tritonmarketresearch.com/reports/latin-america-wood-plastic-composites-market

 

 

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