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Wood-Plastic Composites Market Share

Report ID: GMI9091
Published Date: Apr 2024
Report Format: PDF

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Wood-Plastic Composites Market Share

Among the top companies operating in the wood-plastic composites (WPC) market, Advanced Environmental Recycling Technologies, Inc. (AERT) stands out for its innovative solutions in producing high-performance composite materials from recycled plastics and wood fibers. With a focus on sustainability, AERT has established itself as a leading player in providing eco-friendly alternatives to traditional wood products, catering to various industries such as construction, decking, and automotive.

Axion Structural Innovations LLC is another notable company known for its expertise in structural composites made from recycled plastics, particularly in the construction sector. By utilizing innovative manufacturing processes and advanced materials engineering, Axion Structural Innovations delivers durable and cost-effective solutions for infrastructure projects, bridges, and railroad ties. These companies, along with Beologic N.V., CertainTeed Corporation, Fiberon, LLC, Fkur Kunststoff GmbH, Guangzhou Kingwood Co. Ltd., and Jelu-Werk Josef Ehrler GmbH & Co. KG, collectively contribute to shaping the market with their technological advancements, sustainability initiatives, and commitment to quality and innovation.

Wood-Plastic Composites Market Companies

Major players operating in the market include:

Advanced Environmental Recycling Technologies, Inc. (AERT)
Axion Structural Innovations LLC
Beologic N.V.
CertainTeed Corporation
Fiberon, LLC
Fkur Kunststoff GmbH
Guangzhou Kingwood Co. Ltd.
Jelu-Werk Josef Ehrler GmbH & Co. KG
Woodmass
PolyPlank AB
Renolit
TAMKO Building Products, Inc.
TimberTech
Trex Company, Inc.
Universal Forest Product

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global wood-plastic composites market was valued at USD 7.3 billion in 2023 and is set to grow at a 5.6% CAGR between 2024 and 2032, as these composites find application across various sectors including construction, automotive, furniture, and consumer goods.

The polyethylene material segment in the wood-plastic composites industry recorded USD 2.5 billion in 2023 and will grow rapidly till 2032, due to its favorable properties, such as flexibility, moisture resistance, and recyclability, making it widely used in outdoor decking and fencing applications.

North America industry generated a revenue of USD 2.4 billion in 2023 and will grow rapidly till 2032, due to a robust construction industry.

Advanced Environmental Recycling Technologies, Inc. (AERT), Axion Structural Innovations LLC, Beologic N.V., CertainTeed Corporation, Fiberon, LLC, Fkur Kunststoff GmbH, Guangzhou Kingwood Co. Ltd., Jelu-Werk Josef Ehrler GmbH & Co. KG, Woodmass, and PolyPlank AB among others.