north america, the wpc market will continue to experience double digit growth 2003 to 2010, says principia. the decking market was the original driver for wpc growth, and continues to account for a nearly 65% share of the wpc market. wpc decking is estimated to have penetrated nearly 15% share of the north .
market is now 700,000 tonnes per annum with a value of $1 billion. in the region of. 85% of the world wpc market is in north america. of the total wpc us market 65% is decking in. 2003 which represents a total of 14% of the total decking market for wpc of $0.4billion. decking market growth is noted to .
during the 1990s finds space and expands with speed in north america, then in india, singapore, malaysia, japan and china, and now also in . recently, the market has been oriented towards products and services that are more environmentally in tune with the development models worldwide.
north american wpc market have reached almost $1 billion in sales.this is an increase of 200% between 2001 and 2006, and it is expected that 20% annual growth will take place .
the continued strong growth of wpc and the various rigid-core products are responsible for the large gains within the resilient category . jonathan klinger, chief marketing officer, tarkett north america, explained the residential market is roughly an 80/20 split between replacement and new construction, .
wood-plastic composites (wpc) may be one of the most dynamic sectors of today's plastics industry . second-generation technology (oriented wpcs) is now commercial and rapid growth is . wpcs accounted for 25% of the $3 billion market in 2006 for north american sales of residential decking.
growth markets for bio-based . development of wpc is seen in china, which is expected to overtake other production regions until 2015. 14% and north america's share from 15% to 13%, whereas asia's will increase from 52% to 55% and south .
development of wpc production 2000. development of wpc production 2000 - 2009. market growth stage: growth rate north. america 22 %. market intro stage: growth rate europe. 51 %. sources: nova, 2009; milacron, 2009; hackwell group, 2006; own compilation. 7 .
wood plastic composites in north america. pablo crespell, phd. markets . a 7-19% annual rate and developments of a second generation technology are expected to become commercialized in the next . nonetheless, the potential total market for wpc remains mostly untapped. alternatives for decking .
growth in u.s. demand for decking of all types (decking accounts for about two-thirds of the wpc market) is expected to decline from 2.2 percent to about 1 percent . as a result, wpcs have grown into a billion-dollar-plus industry, with more than 30 manufacturers competing in the north american market alone.
markets for wpc siding, fencing and railing are still in the initial stages. the market showed steady growth until 2010, followed by two to three years of stagnation. growth in this market has now resumed and it is expected to reach about 220,000t/a in 2015. the north american market currently amounts to about .
north american wpc market with its current 83% market share, while polypropylene will continue to be most used in europe (morton et al 2003). polyvinyl chloride resins are expected to average 20% growth per year until 201 0. the projected growth of wpc over wood decking is due to public perception .
further key findings from the report suggest: north america was the largest segment for the wood plastic composite market in 2015 accounting over 45% of the global volume. growing construction sector in the region owing to rising investments in new infrastructure projects is expected to augment growth.