Global Industry Analysis and Forecast (2024-2030)
Wood-plastic composites are manufactured by combining natural wood products like bamboo, pulp, bark etc. with thermoplastics or polymers.The wood-plastic composites market size is growing rapidly, thanks to applications like decking and railing. The main key drivers for wood plastic composites acceptance is the enhanced performance and appearance attributes over existing products like treated wood decking. Additionally, the wood plastic composites material industry is expected to witness significant growth during the forecast period because of the fluctuations in the petrochemical prices and increased environmental concerns.