South Korea Wood Plastic Composites Market Size & Outlook
The wood plastic composites market in South Korea is expected to reach a projected revenue of US$ 340.8 million by 2033. A compound annual growth rate of 12.1% is expected of South Korea wood plastic composites market from 2026 to 2033.
Revenue, 2025 (US$M)
$136.5
Forecast, 2033 (US$M)
$340.8
CAGR, 2026 - 2033
12.1%
Report Coverage
South Korea
Related Markets
South Korea wood plastic composites market highlights
- The South Korea wood plastic composites market generated a revenue of USD 136.5 million in 2025 and is expected to reach USD 340.8 million by 2033.
- The South Korea market is expected to grow at a CAGR of 12.1% from 2026 to 2033.
- In terms of segment, polyethylene was the largest revenue generating product in 2025.
- 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 2025 | USD 136.5 million |
| Market revenue in 2033 | USD 340.8 million |
| Growth rate | 12.1% (CAGR from 2026 to 2033) |
| Largest segment | Polyethylene |
| Fastest growing segment | Polypropylene |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene, Polypropylene, Polyvinylchloride, Others Product |
| 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, South Korea accounted for 1.5% of the global wood plastic composites market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China wood plastic composites market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,255.7 million by 2033.
Polyethylene was the largest segment with a revenue share of 73.7% in 2025. Horizon Databook has segmented the South Korea wood plastic composites market based on polyethylene, polypropylene, polyvinylchloride, others product covering the revenue growth of each sub-segment from 2021 to 2033.
South Korea is a developed nation with a high human development index (HDI), and in terms of its economy ranks 10th in the world. It has a high-income economy and is one of the most industrialized nations in Asia-Pacific.
The developed infrastructure and continuous investment in the construction segment is expected to raise the demand for wood plastic composite products over the forecast period.
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Wood Plastic Composites Market Scope
Wood plastic composites market segmentation & scope
Wood Plastic Composites Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Timber Tech | View profile | 501-1000 | Wilmington, Ohio, United States, North America | https://timbertech.com |
| Polyplank | View profile | - | Färjestaden, Kalmar Lan, Sweden, Europe | http://www.polyplank.se/ |
| Beologic | View profile | 11-50 | Belgium, Wisconsin, United States, North America | http://www.beologic.com |
| Advanced Environmental Recycling Technologies | View profile | 251-500 | Springdale, Arkansas, United States, North America | http://www.aert.com |
| Trex Co Inc | View profile | 1765 | 2500 Trex Way, Winchester, VA, United States, 22601 | https://www.trex.com |
| JM Holdings Co Ltd | View profile | 5545 | Tsuchiura-shi wholesale Town 2-3, 30 Ibaraki prefecture, Ibaraki, Japan, 300-0847 | http://www.japanmeat.co.jp |
| UFP Industries Inc | View profile | 15800 | 2801 East Beltline Avenue NE, Grand Rapids, MI, United States, 49525 | https://www.ufpi.com |
| Fortune Brands Innovations Inc | View profile | 11700 | 520 Lake Cook Road, Suite 300, Deerfield, IL, United States, 60015-5611 | https://www.fbin.com |
| TAMKO Building Products | View profile | 5001-10000 | St Louis, Missouri, United States, North America | http://tamko.com |
| FKuR | View profile | 51-100 | Willich, Nordrhein-Westfalen, Germany, Europe | https://fkur.com/ |
| Compagnie de Saint-Gobain SA | View profile | 168508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | http://www.saint-gobain.com |
South Korea wood plastic composites market size, by product, 2021-2033 (US$M)
South Korea Wood Plastic Composites Market Outlook Share, 2025 & 2033 (US$M)
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