Market Overview:
The global plastic lumber market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plastic lumber from various end-use applications, such as decking, molding & trim, fencing, landscaping & outdoor products, windows & doors and others. In terms of type, virgin plastic is expected to lead the global market during the forecast period owing to its properties such as high strength and durability. However, recycled plastic is projected to grow at a higher CAGR than virgin plastic during the forecast period due its eco-friendly nature and low cost.
Product Definition:
Plastic lumber is a building material made from recycled plastic. It is made to look like wood, and can be used in place of traditional lumber in many applications.
Virgin Plastic:
Plastic Lumber Market Size, Share & Trends Analysis Report By Product (Polyethylene Terephthalate, Polypropylene), By Application (Household Furniture, Construction), And Segment Forecasts, 2019 - 2025 -> The global virgin plastic market size was valued at USD 4.8 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% from 2019 to 2025.
Recycled Plastic:
Recycled plastic is used in the manufacturing of various products such as Plastic Lumber, which finds application in construction and furniture industries. The growth of these end-use industries coupled with increasing awareness regarding sustainable development has been driving the demand for recycled plastics over the past few years.
Plastic lumber is manufactured by combining different types of plastic resins with wood flour to form a composite material that can be used for constructing houses and other buildings.
Application Insights:
Decking was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Plastic lumber decking products are used for residential as well as non-residential applications. The growing housing sector in emerging economies such as India, China, and Brazil is expected to drive demand for plastic lumber decking over the forecast period.
The molding & trim segment accounted for a share of 15% in 2017 owing to its extensive use in moldings around windows, doors, and interiors of homes & offices. Moldings made using recycled plastic lumbers are durable compared to traditional wood or metal counterparts since they do not warp or crack under extreme temperatures like those experienced during winters months across major regions globally including North America and Europe.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global plastic lumber production owing to availability of low-cost raw materials and labor. China, India, Japan, South Korea, Taiwan are some of the largest consumers of plastic lumber in Asia Pacific. Rapidly growing residential construction sector coupled with increasing foreign investments is projected to drive product demand further.
Europe accounted for more than 20% revenue share in 2017 on account that it is one among the largest markets for manufactured housing including mobile homes across U.S., Germany and France among other countries as per statistics by Eurostat released in 2018 regarding population aged 15 years or more from 2015 published by UN-HABITAT/UNCTAD 2018).
Growth Factors:
- Increasing demand from construction and infrastructure sectors
- Rising awareness about the benefits of plastic lumber over traditional materials
- Growing popularity of green building practices
- Technological advancements that have led to the development of better quality plastic lumber products
- Stringent government regulations encouraging the use of environmentally friendly materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Lumber Market Research Report
By Type
Virgin Plastic, Recycled Plastic, Composite
By Application
Decking, Molding & Trim, Fencing, Landscaping & Outdoor Products, Windows & Doors, Others
By Companies
Advanced Environmental Recycling Technologies Inc., Aeolian Enterprises Inc., American Recycled Plastic Inc., Bedford Technology LLC, Century-Board USA, LLC, Engineered Plastic Systems LLC, Genova Products Inc., KWK Plastic Lumber Co., Ltd., Tangent Technologies, LLC, Trex Company, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Lumber Market Report Segments:
The global Plastic Lumber market is segmented on the basis of:
Types
Virgin Plastic, Recycled Plastic, Composite
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Decking, Molding & Trim, Fencing, Landscaping & Outdoor Products, Windows & Doors, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Advanced Environmental Recycling Technologies Inc.
- Aeolian Enterprises Inc.
- American Recycled Plastic Inc.
- Bedford Technology LLC
- Century-Board USA, LLC
- Engineered Plastic Systems LLC
- Genova Products Inc.
- KWK Plastic Lumber Co., Ltd.
- Tangent Technologies, LLC
- Trex Company, Inc.
Highlights of The Plastic Lumber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Virgin Plastic
- Recycled Plastic
- Composite
- By Application:
- Decking
- Molding & Trim
- Fencing
- Landscaping & Outdoor Products
- Windows & Doors
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Plastic Lumber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Plastic lumber is a type of lumber made from plastic. It is often used to make furniture, cabinets, and other items.
Some of the major companies in the plastic lumber market are Advanced Environmental Recycling Technologies Inc., Aeolian Enterprises Inc., American Recycled Plastic Inc., Bedford Technology LLC, Century-Board USA, LLC, Engineered Plastic Systems LLC, Genova Products Inc., KWK Plastic Lumber Co., Ltd., Tangent Technologies, LLC, Trex Company, Inc..
The plastic lumber market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plastic Lumber Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Plastic Lumber Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plastic Lumber Market - Supply Chain
4.5. Global Plastic Lumber Market Forecast
4.5.1. Plastic Lumber Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plastic Lumber Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plastic Lumber Market Absolute $ Opportunity
5. Global Plastic Lumber Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Plastic Lumber Market Size and Volume Forecast by Type
5.3.1. Virgin Plastic
5.3.2. Recycled Plastic
5.3.3. Composite
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plastic Lumber Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Plastic Lumber Market Size and Volume Forecast by Application
6.3.1. Decking
6.3.2. Molding & Trim
6.3.3. Fencing
6.3.4. Landscaping & Outdoor Products
6.3.5. Windows & Doors
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plastic Lumber Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Plastic Lumber Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Plastic Lumber Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Plastic Lumber Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Plastic Lumber Demand Share Forecast, 2019-2026
9. North America Plastic Lumber Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Plastic Lumber Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Plastic Lumber Market Size and Volume Forecast by Application
9.4.1. Decking
9.4.2. Molding & Trim
9.4.3. Fencing
9.4.4. Landscaping & Outdoor Products
9.4.5. Windows & Doors
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plastic Lumber Market Size and Volume Forecast by Type
9.7.1. Virgin Plastic
9.7.2. Recycled Plastic
9.7.3. Composite
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Plastic Lumber Demand Share Forecast, 2019-2026
10. Latin America Plastic Lumber Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Plastic Lumber Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Plastic Lumber Market Size and Volume Forecast by Application
10.4.1. Decking
10.4.2. Molding & Trim
10.4.3. Fencing
10.4.4. Landscaping & Outdoor Products
10.4.5. Windows & Doors
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plastic Lumber Market Size and Volume Forecast by Type
10.7.1. Virgin Plastic
10.7.2. Recycled Plastic
10.7.3. Composite
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Plastic Lumber Demand Share Forecast, 2019-2026
11. Europe Plastic Lumber Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Plastic Lumber Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Plastic Lumber Market Size and Volume Forecast by Application
11.4.1. Decking
11.4.2. Molding & Trim
11.4.3. Fencing
11.4.4. Landscaping & Outdoor Products
11.4.5. Windows & Doors
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plastic Lumber Market Size and Volume Forecast by Type
11.7.1. Virgin Plastic
11.7.2. Recycled Plastic
11.7.3. Composite
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attrativeness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Plastic Lumber Demand Share, 2019-2026
12. Asia Pacific Plastic Lumber Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Plastic Lumber Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Plastic Lumber Market Size and Volume Forecast by Application
12.4.1. Decking
12.4.2. Molding & Trim
12.4.3. Fencing
12.4.4. Landscaping & Outdoor Products
12.4.5. Windows & Doors
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plastic Lumber Market Size and Volume Forecast by Type
12.7.1. Virgin Plastic
12.7.2. Recycled Plastic
12.7.3. Composite
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Plastic Lumber Demand Share, 2019-2026
13. Middle East & Africa Plastic Lumber Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Plastic Lumber Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Plastic Lumber Market Size and Volume Forecast by Application
13.4.1. Decking
13.4.2. Molding & Trim
13.4.3. Fencing
13.4.4. Landscaping & Outdoor Products
13.4.5. Windows & Doors
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plastic Lumber Market Size and Volume Forecast by Type
13.7.1. Virgin Plastic
13.7.2. Recycled Plastic
13.7.3. Composite
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Plastic Lumber Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Plastic Lumber Market: Market Share Analysis
14.2. Plastic Lumber Distributors and Customers
14.3. Plastic Lumber Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Advanced Environmental Recycling Technologies Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aeolian Enterprises Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. American Recycled Plastic Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bedford Technology LLC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Century-Board USA, LLC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Engineered Plastic Systems LLC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Genova Products Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. KWK Plastic Lumber Co., Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tangent Technologies, LLC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Trex Company, Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
