Global Wood Plastic Composites Market (2020 to 2028)
Dublin, April 30, 2020 (GLOBE NEWSWIRE) -- The "Global Wood Plastic Composites Market 2020-2028" report has been added to ResearchAndMarkets.com's offering. This report has determined that the global wood plastic composites market would show growth at a CAGR of 9.54% and 8.35% in terms of revenue and volume, respectively, in the estimated years 2020-2028. The increasing demand by the building and construction industry is the main factor driving the growth of the global wood plastic composites market. In addition, the rising demand for recyclable materials in the manufacturing process of the automotive industry, coupled with the ban on the use of arsenic toxins, chromium and copper toxins, is driving the market growth. Increasing environmental concern in society and the rising demand for PVC-capped decking products are likely to create lucrative opportunities for the market. However, product performance limitations, being susceptible to ...