The global
wood plastic
composites market size
is likely to gain impetus from their increasing application in
kitchen accessories, home furniture, vehicle interiors, and car speakers. They
are considered to be the highest growing plastic additives at present. This
information is given by Fortune Business Insights™ in a recently published
report, titled, “Wood Plastic Composites Market Size, Share & Industry
Analysis, By Material (Polyethylene, Polypropylene, Polyvinyl Chloride and
Others), By Application (Decking, Automotive, Sliding & fencing, Technical
Application, Furniture, Consumer Goods and Others), and Regional Forecast,
2020-2027.” The report further mentions that the wood plastic composites market
size was USD 4.77 billion in 2019 and is projected to reach USD 9.03 billion by
2027, exhibiting a CAGR of 8.57% during the forecast period.
Information Source:
https://www.fortunebusinessinsights.com/wood-plastic-composite-market-102821