The wood-plastic composite is long-lasting, with high shear and bending strength and low moisture content. Wood plastic composite is increasingly being used in windows, outside siding, doors, flooring, landscaping, fence, and interior moulding. Wood plastic composite floorings come with characteristics, such as flexibility, high strength, water resistance, and high durability, which is likely to augur well for the growth of the product market.
MARKET DYNAMICS
WPC flooring is utilized in retail outlets, residential construction, and commercial construction amongst many others. Moreover, commercial building projects comprise one of the largest end users of WPC flooring solutions. Increased activities pertaining to the development of smart city projects and urbanization trends are likely to drive the growth of the global wood plastic composite (WPC) market. In addition there has been a considerable rise in the government investment with regards to the development of infrastructure and commercial construction projects, which is likely to pave way for rapid growth of the global wood plastic composite (WPC market.
MARKET SCOPE
The "Global Wood Plastic Composite (WPC) Floorings Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the wood plastic composite (WPC) floorings market with detailed market segmentation by material, products type and end-use industry. The global wood plastic composite (WPC) floorings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading wood plastic composite (WPC) floorings market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global wood plastic composite (WPC) floorings market is segmented into material, products type and end-use industry. By material, the wood plastic composite (WPC) floorings market is classified into polyethylene, polyvinylchloride, polypropylene, others. By product type, the wood plastic composite (WPC) floorings market is classified into decking, railings, cladding, others. By end-use industry, the wood plastic composite (WPC) floorings market is classified into building and construction products, automotive components, industrial and consumer goods, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global wood plastic composite (WPC) floorings market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The wood plastic composite (WPC) floorings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the wood plastic composite (WPC) floorings market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the wood plastic composite (WPC) floorings market in these regions.
MARKET PLAYERS
The report covers vital developments in the wood plastic composite (WPC) floorings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the wood plastic composite (WPC) floorings market are anticipated to witness lucrative growth opportunities in the future with the rising demand for wood plastic composite (WPC) floorings in the global market. Below mentioned is the list of few companies engaged in the wood plastic composite (WPC) floorings market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the wood plastic composite (WPC) floorings market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Oakio Plastic Wood Building Materials Co., Ltd
- Armstrong Flooring Inc.
- Spectra Contract Flooring
- Pro-Tek inc.
- WPC-Woodplastic A.S.
- Shanghai SevenTrust Company Co. Ltd.
- Novowood
- Taizhou Huali New Materials
- Nanjing Xuhua Sundi New Building Materials
- Decno Group