Wood Plastic Composites (WPC) Global Industry Report 2024, with Profiles 30+ Companies and Contact Details for 180 Companies [Yahoo! Finance]
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Source: Yahoo! Finance
Dublin, May 29, 2024 (GLOBE NEWSWIRE) -- The "Wood Plastic Composites (WPC) - A Global Market Overview" report has been added to ResearchAndMarkets.com's offering. The landscape of sustainable materials is experiencing significant evolution, as evident from the surging interest in Wood Plastic Composites (WPC). Factors contributing to this robust growth include the material's environmentally friendly properties, its advantages over traditional substrates, and the burgeoning outdoor living products market. Additionally, a renaissance in residential repair and remodeling, coupled with a broad uptick in construction and infrastructure development worldwide, has propelled the WPC market forward. 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
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