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US demand grows for wood-plastic compositeUS demand for wood-plastic composite and plastic lumber is projected to advance by over 13% per year to $5.4 billion in 2015, creating a market for 2.6 billio..
US demand grows for wood-plastic composite
US demand for wood-plastic composite and plastic lumber is projected to advance by over 13% per year to $5.4 billion in 2015, creating a market for 2.6 billion pounds of plastic. Advances will be driven by a rebound in construction expenditures from a depressed 2010 base. Growth will be further boosted by increasing consumer demand for building products made from composite and plastic lumber, instead of more traditional materials, such as natural wood. These and other trends are presented in a new study from The Freedonia Group, Inc.
Decking, which was the leading application for composite and plastic lumber in 2010, will experience the most rapid
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