U.S. Demand for Composite and Plastic Lumber to Reach $5.5 Billion in 2011
Demand for wood-plastic composite and plastic lumber is projected to advance 10 percent per year through 2011 to $5.5 billion. These alternative lumber materials are expected to continue to penetrate the building materials market at a rapid pace, particularly in decking applications. Both composite and plastic lumber benefit from their performance characteristics, such as durability, weatherability, low maintenance requirements and low life cycle cost. Demand for these products will also be driven by increasing consumer and contractor familiarity, a widening distribution network and product improvements that enhance appearance. Furthermore, ongoing interest in “green” building products will bolster use of composite and plastic lumber made with recycled content. These and other trends are presented in Composite & Plastic Lumber, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
For more information, contact Corinne Gangloff, The Freedonia Group, Inc., 767 Beta Drive, Cleveland, OH 44123, 440-684-9600, Fax: 440-646-0484, E-mail: pr@freedoniagroup.com, Web: www.freedoniagroup.com.
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