Netherlands Wood Plastic Composites Market Size & Outlook
Netherlands wood plastic composites market, 2018-2030 (US$M)
Related Markets
Netherlands wood plastic composites market highlights
- An overview of the Netherlands wood plastic composites market trends heading towards 2030. The market in Netherlands generated a revenue of USD 35.2 million in 2021 and is expected to reach USD 77.7 million by 2030.
- The overall growth of the Netherlands market from 2021 to 2030. The Netherlands market is expected to grow at a CAGR of 9.2% from 2022 to 2030.
- A look at the Netherlands market revenues per segment in 2021. In terms of segment, polyethylene was the largest revenue generating product in 2021.
- The segment witnessing the fastest revenue growth within the market. Polypropylene is the most lucrative product segment registering the fastest growth during the forecast period.
Wood plastic composites market data book summary
| 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 |
Other key industry trends
- In terms of revenue, Netherlands accounted for 0.6% of the global wood plastic composites market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany wood plastic composites market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 418.6 million by 2030.
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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Wood Plastic Composites Market Scope
Wood Plastic Composites Market Companies
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Netherlands Wood Plastic Composites Market Outlook Share, 2021 & 2030 (US$M)
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