Market revenue in 2021 | USD 35.2 million |
Market revenue in 2030 | USD 77.7 million |
Growth rate | 9.2% (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 65.91% in 2021. Horizon Databook has segmented the Netherlands wood plastic composites market based on polyethylene, polypropylene, polyvinylchloride covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for wood plastic composites in the Netherlands is expected to increase over the forecast period on account of the significant growth of industrial and consumer goods sector in the region. The Netherlands WPC market in terms of revenue is expected to ascend at an estimated CAGR of 9.2% over the forecast period.
Construction industry in the Netherlands is expected to remain moderate due to price wars on profit margins, which holds back the wood plastic composite market. However, the government is trying to overcome the factors restraining the construction industry in the region, which is expected to boost the growth of wood plastic composite market over the forecast period.
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