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1.
1.
At present, the use of wood-plastic composite materials in North America has reached a considerable scale, and its application fields have also developed from relatively simple low-value-added products to relatively complex high-value-added products such as plastic wood houses, buildings, and pipes
Due to the development of the market, the technology of wood-plastic composite materials is also becoming more and more mature, especially in the aspects of mixing, molding, temperature control, speed, cutting, formula, etc.
It should be noted that the most mature and largest market for plastic-wood composite materials is in North America, but due to the high market entry barriers in the United States and Canada, local manufacturers are higher than Chinese domestic manufacturers in terms of scale and brand
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2.
It is particularly noteworthy that due to the change in Chinese consumer behavior and the increase in per capita income of residents; therefore, with the gradual increase in urbanization, the construction industry in cities and towns will also maintain a certain degree of vitality, which will further give plastic wood composite materials.
Overall, uncertainties such as the continued deceleration in the Eurozone and China, the Sino-US trade war, etc.
According to data from GrandViewResearch, the United States has always occupied the main position of the global market size of the wood-plastic composite material industry, rising from US$1.
It is particularly noteworthy that the Asia-Pacific region has developed in recent years and has surpassed other regions to become the second largest market in 2015, reaching a market size of US$1.
Note: Due to the decimal point unit, there is a certain difference between the subdivision and the whole
3.
3.
In terms of product structure, American Trex has the most complete product line, while AZEK has only 7 product lines
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4.
In 2027, the global market size of plastic-wood composite materials will be about 12.
5 billion US dollars
With the continuous reduction of global forest resources, the call for how to protect forest resources and seek new synthetic materials to replace wood is becoming more and more intense.
Top priority for environmental groups
.
Traditional anti-corrosion wood, heavy bamboo synthetic wood, glulam and other materials require constant renewal and maintenance due to problems such as easy water absorption, mildew, and short life
.
However, the plastic-wood composite material has the dual advantages of plastic and natural plant fibers.
It is not only waterproof, moisture-proof, mildew-proof, insect-proof and ant-proof, but also has a long life, zero formaldehyde, no pollution, no poison, and can be recycled and reused.
.
Wood-plastic composite materials also have very good plasticity and non-cracking, non-expansion and non-deformation properties, which reduce the cost of later maintenance.
Therefore, it is of course the most ideal wood substitute
.
In addition, the development of ecological civilization and the construction of beauty have become the strategic goals of various countries around the world.
The utilization of renewable resources and the development of circular economy have also become a social consensus.
The concept of health and environmental protection is deeply rooted in the hearts of the people
.
Whether it is municipal park square construction and landscape renovation, or real estate building decoration and folk garden courtyard decoration, plastic wood materials have been used and recognized more and more
.
According to data from Grandview Research, from 2021 to 2027, the global plastic-wood composite materials will increase at a CAGR11.
4% growth rate to a market size of about 12.
5 billion US dollars in 2027
.
