U.S. WPC demand to post double-digit gains through 2011: report
Demand for wood-plastic composite (WPC) materials in the U.S. is projected to advance 10 per cent per year through ...
Demand for wood-plastic composite (WPC) materials in the U.S. is projected to advance 10 per cent per year through to 2011, according to a new study released by Cleveland, Ohio-based market research firm The Freedonia Group.
The WPC industry will be a US$5.5 billion industry by that time, the report also stated.
Among major WPC applications, windows and doors will post the fastest gains through 2011, the report forecast, although demand for WPC lumber will continue to be fuelled primarily by strong demand in decking, which is by far the largest application for the material.
“Demand for composite and plastic lumber will be driven by increasing consumer and contractor familiarity, a widening distribution network and product improvements that enhance appearance,” the report said.
Entitled Composite & Plastic Lumber, the 320-page study is priced at US$4,500. The report can be ordered by telephone by calling 1-800-927-5900. The study brochure can be accessed at www.freedoniagroup.com/pdf/2239embro.pdf.