Wood Plastic Composites Global Market Report 2024: Ongoing Transition from Wood Coupled with Growing Emphasis on Sustainability to Drive Demand for WPC to Reach $10 Billion by 2029 - ResearchAndMarkets.com
The "Wood Plastic Composites (WPC) - A Global Market Overview" report has been added to ResearchAndMarkets.com's offering.
- The "Wood Plastic Composites (WPC) - A Global Market Overview" report has been added to ResearchAndMarkets.com's offering.
- With ongoing conversion from wood and a growing emphasis on sustainability, the WPC products market is expected to continue expanding in the coming years.
- Asia-Pacific is the world's largest volume market for Wood Plastic Composites (WPC), estimated at 57% market share in 2023, which is also likely to record a healthy 2023-2029 CAGR of 7% during the same period.
- Demand for Wood Plastic Composites (WPC) in South America and Rest of World regions is anticipated to post robust CAGRs of 9.8% and 8.4% respectively during the forecast period.