DALLAS, November 21, 2014 /PRNewswire/ --
According to a new market research report "Wood Plastic Composite Market by Type (Polyethylene, Polyvinylchloride, Propylene, and Others), Applications (Building & Construction Products, Automotive Components, Industrial & Consumer goods, and Others) and Region - Trends & Forecasts 2014 - 2019". It also explains the driving and restraining factors of the global wood plastic composite market with an analysis of trends, opportunities, and challenges.
Browse 87 Market Data Tables and 46 Figures spread through 163 Pages and in-depth TOC on "Wood Plastic Composite Market - Trends & Forecasts 2014 - 2019".
Early buyers will receive 10% customization on this report.
The wood plastic composite market is projected to grow from $ 2579.90 million in 2014 to $4,601.7 million by 2019, with a CAGR of 12.2% between 2014 and 2019. The wood plastic composite market is segmented by type, by application, and by geography. The market size of each region such as North America, Western Europe, Asia, and Rest of the World (RoW) is projected in the report. The key countries such as U.S., Germany, China, and Brazil are covered and their market size is forecasted along with their growth rates.
Polyethylene: Largest market segment
Polyethylene is the single-largest segment, holding 56.6% share of the global wood plastic composite market in 2014 and is projected to grow with a CAGR of 12.0% between 2014 and 2019. North America is the largest market of polyethylene and Asia stood second in 2014.
Wood plastic composite market, by application
The wood plastic composite market consists of four application; they are building and construction products, automotive components, industrial & consumer goods and others. The demand for building and construction segment accounted for the largest share in 2014, at $2,579.9 million, and it is projected to reach $4,601.7 million by 2019. North America was the largest consumer of building and construction products in 2014, followed by the Asian region.
For more Inquiries:http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=170450806
Leading companies such as Trex Company, Inc. (U.S.), Advanced Environmental Recycling Technologies Inc (U.S.), Fiberon LLC (U.S.), TimberTech (U.S.) and Tamko building products, Inc. (U.S.) are focusing on the expansion of their wood plastic composite business through partnerships, agreements and collaborations to increase their production and distributional network.
Browse Related Reports:
Advanced Functional Material Market For Low Carbon Applications By Categories (Ceramics, Composites, Energy Materials, Conductive Polymers & Nanomaterials), Applications (Chemicals, Electronics, Healthcare & Transportation) & Geography - Global Trends & Forecasts To 2018
Automotive Plastics Market for Passenger Cars, By Type (Polypropylene, Polyurethane, HDPE, ABS, Polycarbonate & Composites), Application (Interior, Exterior & under Bonnet) & Geography- Trends & Forecasts to 2018
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
Suite 800, Dallas, TX 75252
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical