Demand for Plastic Lumber to Rise
US demand for wood-plastic
composite and plastic lumber is
projected to advance over 13
percent per year to $5.4 billion
in 2015, creating a market for
2.6 billion pounds of plastic.
Advances will be driven by a
rebound in construction expenditures
from a depressed 2010
base. Growth will be further
boosted by increasing consumer
demand for building
products made from composite
and plastic lumber, instead of more traditional materials,
such as natural wood. These and other trends are presented
in Wood-Plastic Composite & Plastic Lumber, a new
study from The Freedonia Group, Inc.
Decking, which was the leading application for composite
and plastic lumber in 2010, will experience the most
rapid demand advances through 2015. Among other
applications, molding and trim, and windows and doors
are expected to post the most rapid demand gains
through 2015. Demand for composite and plastic lumber
in landscape and outdoor products, fencing and other
applications will be promoted by increasing consumer
recognition of the performance properties of these materials.
Demand for wood-plastic composite lumber will post
more rapid gains than that for plastic lumber through
2015, advancing over 16 percent annually to $2.5 billion.
Moreover, because wood-plastic composite lumber incorporates
recycled materials, it is seen as an environmentally
friendly building material.
Plastic lumber demand is forecast to rise nearly eleven
percent per year to $2.8 billion in 2015. The efforts of
manufacturers to create plastic lumber with more realistic
woodgrain textures and surfaces will help support
demand.
For more information, contact Corinne Gangloff, The
Freedonia Group, Inc., 767 Beta Drive, Cleveland, OH
44143, 440-684-9600, Fax: 440-646-0484, E-mail: pr@freedoniagroup.com, Web: www.freedoniagroup.com.
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