Housing Industry Leads Wood-Plastic Composites Market Forecasts a 2014-2018 Research Report at ReportsnReports.com
Dallas, Texas (PRWEB) April 06, 2014 -- There has been an increase in the demand for PVC-capped decking products in the Global Wood-Plastic Composites market. Capped decking products have protective plastic surfaces that provides resistance to staining, fading, and scratching. While most uncapped decking products provide similar benefits to and are cheaper than capped decking products, they require periodic cleaning for maintenance. Thus, the demand for capped decking products, especially those with PVC caps, is expected to be high during the forecast period. A number of vendors such as Fiberon and CPG International offer these products.
Analysts forecast the Global Wood-Plastic Composites market will grow at a CAGR of 9 percent over the period 2013-2018. According to the report, the increase in the demand for wood-plastic composites from the Housing industry is one of the major drivers. In this industry, the demand for these composites is particularly high for usage in interior decorations and outdoor constructions such as decking, thereby contributing to the market growth.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Wood-Plastic Composites market for the period 2014-2018.
To arrive at a ranking for the leading vendors in the market, and to calculate the market size, the report considers the revenue generated by these vendors from the sales of wood-plastic composite products. It also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the Global Wood-Plastic Composites market. The report also provides data on the different segments of the Global Wood-Plastic Composites market, which are based on the following criteria: type of plastic, end-user, and geography.
In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
Global Wood-Plastics Composite Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Asia, Europe and the Rest of the World; it also covers the Global Wood-Plastics Composite market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key Regions
• North America
• Asia
• Europe
• ROW
Key Vendors
• Advanced Environmental Recycling Technologies Inc.
• CPG International LLC
• Fiberon LLC
• Trex Co. Inc.
Other Prominent Vendors
• American Wood Fibers Inc.
• AMSCO Windows
• Artowood Thailand Co. Ltd.
• B&F Plastics Inc.
• Beologic N.V.
• CertainTeed Corp.
• CPG International LLC
• Crane Plastics
• Deceuninck N.V.
• Findock International Inc.
• FKuR Kunststoff GmbH
• Guangzhou Kindwood Co. Ltd.
• J. Ehrler GmbH & Co. KG
• Louisiana-Pacific Corp.
• North Wood Plastics Inc.
• OnSpec Composites Inc.
• Perth Wood Plastic Composite Co. Ltd.
• Plygem Holdings Inc.
• Polymera Inc.
• Polyplank AB
• Renolit AG
• Solvay SA
• Strandex Corp.
• Tamko Building Products Inc.
• Tech-Wood International Ltd.
• Technaro GmbH
• Universal Forest Products Inc.
• UPM-Kymmene Corp.
• WPC Corp.
Key Market Driver
• Increase in Demand from the Housing Industry
Key Market Challenge
• Low Preference for Recyclates in Products
Key Market Trend
• Growing Applications in Non-structural Areas
Further, the report states that the low preference for recyclates in products is one of the major challenges. Most products offered by the market vendors are manufactured using recycled material or recyclates rather than virgin materials. Several buyers have concerns about the performance, durability, and quality of recyclates in products and prefer wood-plastic composites manufactured using virgin materials.
The report recognizes the following companies as the key players in Global Wood-Plastic Composites Market: Advanced Environmental Recycling Technologies Inc., CPG International LLC, Fiberon LLC, Trex Co. Inc. , American Wood FibersInc., AMSCO Windows, Artowood Thailand Co. Ltd., B&F Plastics Inc., Beologic N.V., CertainTeed Corp., CPG InternationalLLC, Crane Plastics, Deceuninck N.V., Findock International Inc., FKuR Kunststoff GmbH, Guangzhou Kindwood Co. Ltd., J. Ehrler GmbH & Co. KG, Louisiana-Pacific Corp., North Wood Plastics Inc., OnSpec Composites Inc., Perth Wood PlasticComposite Co. Ltd., Plygem Holdings Inc., Polymera Inc., Polyplank AB, Renolit AG, Solvay SA, Strandex Corp., TamkoBuilding Products Inc., Tech-Wood International Ltd., Technaro GmbH, Universal Forest Products Inc., UPM-Kymmene Corp., and WPC Corp.
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Priyank Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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