MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET 2022-2028

 

 

TABLE OF CONTENTS

1.     MIDDLE EAST AND AFRICA 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.     MIDDLE EAST AND AFRICA 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.     MIDDLE EAST AND AFRICA 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 – MIDDLE EAST AND AFRICA

5.1. COUNTRY ANALYSIS

5.1.1.    UNITED ARAB EMIRATES

5.1.2.    TURKEY

5.1.3.    SAUDI ARABIA

5.1.4.    SOUTH AFRICA

5.1.5.    REST OF MIDDLE EAST & AFRICA

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: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD        

TABLE 3: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)        

TABLE 4: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY TYPE, 2022-2028 (IN KILOTON)

TABLE 5: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)    

TABLE 6: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY APPLICATION, 2022-2028 (IN KILOTON)      

TABLE 7: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

TABLE 8: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY COUNTRY, 2022-2028 (IN KILOTON) 

         

LIST OF FIGURES 

FIGURE 1: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY APPLICATION, 2021 & 2028 (IN %)     

FIGURE 2: MIDDLE EAST AND AFRICA POLYPROPYLENE MARKET, 2022-2028 (IN $ MILLION)

FIGURE 3: MIDDLE EAST AND AFRICA BUILDING & CONSTRUCTION MARKET, 2022-2028 (IN $ MILLION)    

FIGURE 4: PORTER’S FIVE FORCES ANALYSIS     

FIGURE 5: MARKET ATTRACTIVENESS INDEX      

FIGURE 6: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY POLYETHYLENE (PE), 2022-2028 (IN $ MILLION)  

FIGURE 7: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY POLYVINYL CHLORIDE (PVC), 2022-2028 (IN $ MILLION)

FIGURE 8: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY POLYPROPYLENE (PP), 2022-2028 (IN $ MILLION)

FIGURE 9: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY OTHER TYPES, 2022-2028 (IN $ MILLION)   

FIGURE 10: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY BUILDING & CONSTRUCTION PRODUCTS, 2022-2028 (IN $ MILLION)    

FIGURE 11: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY AUTOMOTIVE COMPONENTS, 2022-2028 (IN $ MILLION)

FIGURE 12: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY INDUSTRIAL & CONSUMER GOODS, 2022-2028 (IN $ MILLION)    

FIGURE 13: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)

FIGURE 14: MIDDLE EAST AND AFRICA WOOD PLASTIC COMPOSITES MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)                  

FIGURE 15: UNITED ARAB EMIRATES WOOD PLASTIC COMPOSITES MARKET 2022-2028 (IN $ MILLION)    

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

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

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

FIGURE 19: REST OF MIDDLE EAST & AFRICA WOOD PLASTIC COMPOSITES MARKET 2022-2028 (IN $ MILLION) 

 

 

 

MARKET OUTLOOK

Triton Market Research’s report suggests that the Middle East and Africa’s wood plastic composites market is calculated to surge in terms of revenue and volume at a CAGR of 9.41% and 7.96% during the estimated years 2022-2028. Turkey, South Africa, Saudi Arabia, the UAE, and Rest of Middle East & Africa shape the market in this region.

In Saudi Arabia, the construction sector is anticipated to witness significant growth, owing to the Vision 2030 program initiated by the government. Moreover, the ongoing reforms to diversify away from oil are anticipated to open new avenues for the studied market. There are various construction projects underway that will enhance the demand for wood plastic composites for multiple applications. Hence, the thriving construction sector is paving the path for the Saudi Arabia wood plastic composites market over the forecast period.

In the Rest of Middle East & Africa, the GCC countries have a strong developing economy. The construction sector in these countries has transformed significantly in the past few years and is expected to grow over the forecast period. This growth in the construction sector is expected to further amplify the use of wood plastic composite materials in various applications. Thus, as mentioned above, all these factors are expected to drive the growth of the wood plastic composites market across the region.

 

 

COMPETITIVE OUTLOOK

The companies thriving in the wood plastic composites market are Axion International Inc, Trex Company Inc, Universal Forest Products Inc, Polyplank AB, UPM, and Fiberon LLC.

 

Get more insights into the Middle East and Africa Wood Plastic Composites Market:

 

https://www.tritonmarketresearch.com/reports/middle-east-and-africa-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