Wood Plastic Composites Market Outlook 2025–2030: Trends & Forecasts
The global wood plastic composites market was estimated at USD 7.97 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 11.6% from 2025 to 2030. This substantial growth trajectory is primarily driven by the increasing demand for eco-friendly and sustainable construction materials, along with a global surge in renovation and repair activities, particularly within the residential sector. Market Drivers Wood plastic composites (WPCs) are witnessing rising adoption across various construction applications due to their versatility, durability, and environmental benefits. One of the key growth areas is in roofing applications, where WPCs are being increasingly utilized in place of traditional wood. In developing countries, this shift is particularly pronounced, as WPCs offer a higher strength profile and improved safety characteristics. Unlike standard wood, WPCs tend t...