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2020 Europe Wood Plastic Composite (WPC) Market Forecast Analysis by Trends, Major Companies Analysis, Growth Rate by Regions, Company Overview till 2024

Europe

The “Europe Wood Plastic Composite (WPC) Market” report provides a complete overview of the market trade scenario, size, segmentation, competition scenario, and others. It provides the perfect industry detailed description of the different products and service segments associated with the key players. Europe Wood Plastic Composite (WPC) market report includes research methodology, value chain analysis, industry analysis by the power of suppliers and consumers. Europe Wood Plastic Composite (WPC) market report also includes new upcoming technology of Europe Wood Plastic Composite (WPC) Industry that will help to our clients.

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Market Overview:

  • The European wood plastic composite market is expected to witness healthy growth, at an estimated CAGR of 10.15% over the period, 2019-2024. One of the major factors driving the growth of the market studied is the rising demand for wood-plastic composite in domestic constructions, owing to its characteristics and increasing construction activities in the region.
  • – The increasing recycling rate of plastic wastes in Europe is expected to offer a huge opportunity for the wood plastic composite market.
  • – By application, the decking segment accounted for the largest share in the market studied, throughout the period, followed by auto interior parts.
  • – In 2018, Germany dominated the market studied. Sweden is expected to witness the highest CAGR of 10.62%, followed closely by Finland (10.55%) through the forecast period.

    Europe Wood Plastic Composite (WPC) Market Covers Key Players:

  • Beologic NV
  • FKuR Kunststoff GmbH
  • Moller GmbH & Co. KG
  • RENOLIT GOR SpA
  • Vannplastic Ltd
  • JELU-WERK J. Ehrler GmbH & Co. KG
  • Haussermann Group
  • Linotech
  • NOVO-TECH
  • Polyplank AB
  • Silvadec
  • UPM Biocomposites
  • Technamation Technical Europe GmbH
  • Tecnaro GmbH
  • NATURinFORM GmbH

    Some Major Points Covered in Europe Wood Plastic Composite (WPC) Market Report:

    • Introduction and Market Overview
    • Industry Chain Analysis
    • Market, by Type
    • Market, by Application
    • Production, Value ($) by Region (2014-2019)
    • Production, Consumption, Export, Import by Regions (2014-2019)
    • Market Status and SWOT Analysis by Regions
    • Competitive Landscape
    • Analysis and Forecast by Type and Application
    • Analysis and Forecast by Region
    • New Project Feasibility Analysis
    • Research Finding and Conclusion

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    Scope of the Report:

  • This report studies the global Europe Wood Plastic Composite (WPC) market size, industry status and forecast, competition landscape and growth opportunity.

    Key Market Trends:

    Increasing Demand from Decking

    – Decking is one of the most important applications for wood-plastic composites in Europe, where sales of solid profiles are rising, as compared to that of the hollow ones.
    – In construction, a deck is a flat or profiled (anti-slip) surface that is capable of supporting weight. A deck is similar to a floor, but is typically constructed outdoors, often elevated from the ground, and usually connected to a building.
    – Wood plastic composite decking can be used in a number of ways, such as part of garden landscaping, extension of the living areas of houses, an alternative to stone-based features (such as patios), and in residential decks, as spaces for cooking, dining, and seating.
    – Due to environmental and durability concerns related to softwoods and hardwoods, wood plastic composite decking (a mixture of two materials, typically wood pulp and recycled materials, such as plastic bottles or bags) was introduced in the market. Proponents of composite decking have touted this as a much needed development, as it helps to curb logging of trees for new decks.
    – The typical production process of WPC decks in Europe involves the extrusion of a decking profile, based on a PVC or PE matrix followed by PP.
    – In Europe, the WPC decking market is soon going to reach a mature stage, which means that the companies involved in the market may have lower growth rates. This development is driving the players to look for new areas of application.

    Germany to Dominate the Market

    – In 2018, Germany dominated the market in the region.
    – Germany is the largest manufacturer and consumer of wood-plastic composites in Europe. Most WPC compounders in
    Europe are located in Germany
    – The demand for wood-plastic composites for construction applications may be driven by the country’s strong construction sector. German construction companies are benefiting from the soaring demand for real estate, increasing investments in buildings, and high state spending on infrastructure. The upswing in construction has been encouraged by the European Central Bank’s ultra-low interest rates, a growing urban population, and high immigration rate over the past five years. The sector is also helping to propel the overall economic growth.
    – In housing construction, nominal sales jumped by 27% in January and February 2018, and the German government also made an announcement regarding its plan to construct around 1.5 million housing units by 2021. The overhang of pending residential building permits increased to more than 400,000, suggesting that the sector may continue to drive growth.
    – Revenues in the German construction sector is likely to grow by 6% in nominal terms, to hit USD 145 billion in 2019, according to the ZDB and HDB construction associations, and up to 320,000 homes are likely to be built in 2019.
    – All the aforementioned factors, in turn, are expected to increase the market for wood-plastic composites during the forecast period

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    Detailed TOC of Europe Wood Plastic Composite (WPC) Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Sustainable Characteristics of Wood Plastic Composites
    4.1.2 Growing Construction Sector
    4.2 Restraints
    4.2.1 Challenges in Recycling Wood Plastic Composites
    4.2.2 Other Restraints
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5 MARKET SEGMENTATION
    5.1 Application
    5.1.1 Decking
    5.1.2 Auto-interior Parts
    5.1.3 Siding and Fencing
    5.1.4 Technical Applications
    5.1.5 Furniture
    5.1.6 Consumer Goods
    5.2 Geography
    5.2.1 Germany
    5.2.2 United Kingdom
    5.2.3 France
    5.2.4 Belgium
    5.2.5 Finland
    5.2.6 Norway
    5.2.7 Denmark
    5.2.8 Sweden
    5.2.9 Other European Countries

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Beologic NV
    6.4.2 FKuR Kunststoff GmbH
    6.4.3 Moller GmbH & Co. KG
    6.4.4 RENOLIT GOR SpA
    6.4.5 Vannplastic Ltd
    6.4.6 JELU-WERK J. Ehrler GmbH & Co. KG
    6.4.7 Haussermann Group
    6.4.8 Linotech
    6.4.9 NOVO-TECH
    6.4.10 Polyplank AB
    6.4.11 Silvadec
    6.4.12 UPM Biocomposites
    6.4.13 Technamation Technical Europe GmbH
    6.4.14 Tecnaro GmbH
    6.4.15 NATURinFORM GmbH

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Increasing Recycling Rates of Plastic in Europe

     

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