Wood-plastic composites are one type of composite material made up of wood fiber or wood flour and thermoplastics like PVC, PP, PE etc. Apart from these two materials, people also use other lignocellulosic material or inorganic filler materials.
Related Project: - Wood Plastic Composite (WPC)
What are the uses of Wood Plastic Composite in industry?
Use of wood plastic composites mainly depends on the kind of plastic used during the manufacturing process.
If PE (polyethene) has been used to make the composite, then the material is mostly used in construction purposes like building and other structural components.
In building and other structural work, wood plastic composites mainly use moulding, fencing, siding and decking.
If the used plastic to manufacture the wood plastic composite is PP (Polypropylene), it is used in automatics or consumer products.
There are various reasons for choosing the best option to use in construction work. It has higher durability, bending strength, Shear strength as well as low moisture content. So it does not swell, and does not break easily. That's why it is the most comfortable available sustainable option for construction work.
It has less water absorption capacity in comparison to other wood products. So it is preferred for railings, windows, doors etc.
Related Books:- Wood, Bamboo, Coal, Lignin And Its Derivatives
Global Market Scenario of Wood Plastic Composite:
The global market size of the wood plastic composite was 5.3 billion US dollars in the year 2019. Looking at the forecasting period from 2020-2027, the market is expected to grow at a CAGR growth rate of 11.4%.
Due to the frequent earthquakes and other natural disasters, people want their constructions to be sustainable. Demand for sustainable construction work has proven to be the key factor for the growth of the wood-plastic composite market's global market size.
Market Analysis of different types of wood plastic composite:
As mentioned earlier, the use of wood plastic composite varies according to the use of plastic. So the types of wood plastic composite are classified based on PP, PE or PVC.
If you talk about the forecasting period, polypropylene is expected to see heavy growth in its market.
Use of wood plastic composite with polypropylene is growing heavily due to the increased use as water coating in furniture, temperature controlling wooden units and many more.
With Wood plastic composite manufactured with PVC, the market is growing and expected to grow in the forecasting period. Its use in different household products like door panels, seat cushion, backrests, and the dashboard is increasing heavily. This growth can impact the market of PVC wood plastic composite positively.
The market of Polyethylene used wood plastic composite is growing the fastest. Its demand is higher when it comes to the manufacturing of furniture in homes, offices etc.
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Market Analysis for the Constraints of the growth of the Wood plastic composite:
● Apart from the heavy growth that the wood plastic composite market faces, some constraints are pulling the market down.
● The increased price of raw materials has been one of the most challenging tasks to deal with.
● These are not the most eco-friendly options. The used plastics in the manufacture of wood plastic composite concern some people sometimes. So people who are living in highly polluted air and water can realise this problem better. Hence it is better to choose a house where you can be comfortable.
Conclusion:
Growth of the market of the wood plastic composite is sure shot. But you need to look at both the growth and constraints of development and then make a final decision about the market.
If you want detailed reports along with exact figures, you can consider reading the project report by NPCS.
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