Market revenue in 2021 | USD 99.1 million |
Market revenue in 2030 | USD 267.2 million |
Growth rate | 11.7% (CAGR from 2021 to 2030) |
Largest segment | Polyethylene |
Fastest growing segment | Polypropylene |
Historical data | 2018 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Polyethylene, Polypropylene, Polyvinylchloride |
Key market players worldwide | Compagnie de Saint-Gobain SA, Fortune Brands Innovations Inc, FKuR, JM Holdings Co Ltd, TAMKO Building Products, Trex Co Inc, UFP Industries Inc, Advanced Environmental Recycling Technologies, Beologic, Polyplank, Timber Tech |
Polyethylene was the largest segment with a revenue share of 65.09% in 2021. Horizon Databook has segmented the France wood plastic composites market based on polyethylene, polypropylene, polyvinylchloride covering the revenue growth of each sub-segment from 2018 to 2030.
France accounted for 12.3% of the wood plastic composite market in 2023 in terms of revenue in Europe. The wood plastic composite market growth in the country is supported by the presence of well established end-use industries including automotive components, building & construction, and consumer goods.
The presence of some of the largest players in the automotive, aerospace, consumer goods industry including Airbus, Babolat, Bugatti Automobiles S.A.S, and Christian Dior SE is expected to increase the demand of wood plastic composite, thereby adding growth prospects to the market over the forecast period.
Rising demand for wood plastic composites in the manufacturing of interiors of residential and commercial buildings is expected to drive the market growth over the forecast period. The presence of several construction companies in the region is expected to impact the market on a positive note over the forecast period.
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