Market by Type, Application, and Country | Forecast 2022-2028
Triton’s report expects the Latin America wood plastic composites market to advance at a compound annual growth rate of 9.46% in value and 8.01% in volume during the estimated phase 2022-2028.
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The countries scrutinized in this market include:
• Brazil
• Mexico
• Rest of Latin America
Brazil has witnessed significant infrastructure lags compared to other
countries in the region. As per the Global Competitiveness Index of the World
Economic Forum, the country ranks 108th among 137 economies in terms
of the general quality of its infrastructure, having inadequate levels that
limit its capacity. These deficiencies are reflected in the country’s high
logistic costs. This indicated the huge scope of development in the
construction sector. In this regard, wood plastic composites are ideal for construction
projects because they are eco-friendly and cost-effective. Hence, these factors
are expected to generate new opportunities for the wood plastic composites
market over the forecast period.
On the other hand, major infrastructure projects announced by the
government and private companies could pull the construction industry out of
its slump in Mexico. Over the years, the construction industry has witnessed a
considerable fall, majorly impacting the economy. Hence, if the pipeline
projects take share, the construction output is expected to gain momentum over
the next few years. The growth in the construction sector will enhance the
demand for wood plastic composites for various applications, thereby supporting
the growth of the wood plastic composites market over the upcoming years.
Fiberon LLC manufactures products from wood plastic composite materials,
such as decking, railing, and terrace fasteners. These products are widely used
in household and light construction applications. Its product line includes
horizon and symmetry railing, horizon and traditional decking, and phantom
series of hidden fasteners. The company operates across more than 30 nations
across North America, Latin America, and Asia.
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VIEW REPORT1. LATIN
AMERICA WOOD PLASTIC COMPOSITES MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. POLYPROPYLENE
IS A RAPIDLY GROWING WOOD PLASTIC COMPOSITE TYPE
2.2.2. BUILDING
& CONSTRUCTION PRODUCTS MAJORLY USE WOOD PLASTIC COMPOSITES
2.2.3. IMPROVEMENT
IN PRODUCTION TECHNIQUE
2.2.4. ADVANTAGE
OF RECYCLABLE RAW MATERIALS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. INTENSITY
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. IMPACT
OF COVID-19 ON THE MARKET
2.7. KEY
MARKET STRATEGIES
2.7.1. CONTRACTS
& PARTNERSHIPS
2.7.2. BUSINESS
EXPANSIONS & DIVESTITURES
2.7.3. NEW
PRODUCT LAUNCHES
2.8. MARKET
DRIVERS
2.8.1. RISING
DEMAND FROM THE BUILDING AND CONSTRUCTION INDUSTRY
2.8.2. RISE
IN DEMAND FOR RECYCLABLE MATERIALS IN THE AUTOMOTIVE INDUSTRY
2.8.3. BAN ON
ARSENIC TOXINS, CHROMIUM, AND TOXINS COPPER
2.9. MARKET
CHALLENGES
2.9.1. PERFORMANCE
LIMITATIONS
2.9.2. SUSCEPTIBILITY
TO STRUGGLE UNDER HEAVY LOAD
2.9.3. LOWERING
WEIGHT OF WPC PRODUCTS
2.10. MARKET
OPPORTUNITIES
2.10.1. ENVIRONMENTAL
CONCERNS
2.10.2. RISE
IN DEMAND FOR PVC-CAPPED DECKING PRODUCTS
3. LATIN
AMERICA WOOD PLASTIC COMPOSITES MARKET OUTLOOK - BY TYPE
3.1. POLYETHYLENE
(PE)
3.2. POLYVINYL
CHLORIDE (PVC)
3.3. POLYPROPYLENE
(PP)
3.4. OTHER
TYPES
4. LATIN
AMERICA WOOD PLASTIC COMPOSITES MARKET OUTLOOK - BY APPLICATION
4.1. BUILDING
& CONSTRUCTION PRODUCTS
4.2. AUTOMOTIVE
COMPONENTS
4.3. INDUSTRIAL
& CONSUMER GOODS
4.4. OTHER APPLICATIONS
5. WOOD
PLASTIC COMPOSITES MARKET – LATIN AMERICA
5.1. COUNTRY
ANALYSIS
5.1.1. BRAZIL
5.1.2. MEXICO
5.1.3. REST
OF LATIN AMERICA
6. COMPETITIVE
LANDSCAPE
6.1. MOISTURESHIELD
6.2. AXION
INTERNATIONAL INC
6.3. BEOLOGIC
NV
6.4. CERTAINTEED
CORPORATION
6.5. FIBERON
LLC
6.6. FKUR
KUNSTSTOFF GMBH
6.7. JELU WERK
JOSEF EHRLER GMBH AND CO KG
6.8. POLYPLANK
AB
6.9. TAMKO
BUILDING PRODUCTS INC
6.10. TIMBERTECH
LIMITED
6.11. TREX
COMPANY INC
6.12. UNIVERSAL
FOREST PRODUCTS INC
6.13. UPM
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.1.1. OBJECTIVES
OF STUDY
7.1.2. SCOPE
OF STUDY
7.2. SOURCES
OF DATA
7.2.1. PRIMARY
DATA SOURCES
7.2.2. SECONDARY
DATA SOURCES
7.3. RESEARCH
METHODOLOGY
7.3.1. EVALUATION
OF PROPOSED MARKET
7.3.2. IDENTIFICATION
OF DATA SOURCES
7.3.3. ASSESSMENT
OF MARKET DETERMINANTS
7.3.4. DATA
COLLECTION
7.3.5. DATA
VALIDATION & ANALYSIS
TABLE 1: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 4: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY TYPE, 2022-2028 (IN KILOTON)
TABLE 5: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 6: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY APPLICATION, 2022-2028 (IN KILOTON)
TABLE 7: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 8: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY COUNTRY, 2022-2028 (IN KILOTON)
FIGURE 1: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 2: LATIN AMERICA
POLYPROPYLENE MARKET, 2022-2028 (IN $ MILLION)
FIGURE 3: LATIN AMERICA
BUILDING & CONSTRUCTION MARKET, 2022-2028 (IN $ MILLION)
FIGURE 4: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 5: MARKET
ATTRACTIVENESS INDEX
FIGURE 6: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY POLYETHYLENE (PE), 2022-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY POLYVINYL CHLORIDE (PVC), 2022-2028 (IN $
MILLION)
FIGURE 8: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY POLYPROPYLENE (PP), 2022-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY OTHER TYPES, 2022-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY BUILDING & CONSTRUCTION PRODUCTS, 2022-2028
(IN $ MILLION)
FIGURE 11: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY AUTOMOTIVE COMPONENTS, 2022-2028 (IN $ MILLION)
FIGURE 12: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY INDUSTRIAL & CONSUMER GOODS, 2022-2028 (IN $
MILLION)
FIGURE 13: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 14: LATIN AMERICA WOOD
PLASTIC COMPOSITES MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 15: BRAZIL WOOD PLASTIC
COMPOSITES MARKET 2022-2028 (IN $ MILLION)
FIGURE 16: MEXICO WOOD PLASTIC
COMPOSITES MARKET 2022-2028 (IN $ MILLION)
FIGURE 17: REST OF LATIN
AMERICA WOOD PLASTIC COMPOSITES MARKET 2022-2028 (IN $ MILLION)