Issue link: https://read.dmtmag.com/i/705621
50 • august 2016 • world fence news Wood plastic composite usage expected to rise SAN FRANCISCO, Calif. – The global wood plastic composite market is expected to reach $9.77 billion by 2024, according to a new report by Grand View Research, Inc. Increasing demand for wood plastic composites in the construc- tion industry, particularly in decking, fencing, and molding and siding appli- cations, is expected to be the key driv- er for the market growth. Superior mechanical strength, low maintenance and weight reduction of- fered by these products are expected to propel demand in the construction industry over the next eight years, the report states. You may browse to access in- depth research report on Global Wood-Plastic Composite (WPC) Mar- ket with detailed charts and figures: http://www.grandviewresearch.com / industry-analysis/wood-plastic-com- posites-market. Rising automakers focus towards making every automotive part biode- gradable and recyclable, and are ex- pected to open new avenues for the material over the next eight years. The product is used in door pan- els, seat cushions, cabin linings, backrests, and dashboards. The most commonly used wood species for commercial wood plastic composite products include maple, oak, and pine. Product cost and regional avail- ability of raw material are expected to be a key factor for wood plastic com- posites manufacturers over the pro- jected period. Rising application scope for wood plastic composites for manufacturing various other products including mu- sical instruments, shoe soles, toys, and trays is expected to have a positive im- pact on the market growth. Growing demand for bio-plastics in niche applications such as house- hold electronics and edge protection for packaging is expected to propel demand over the projected period. Request a free sample of this re- search report at http://www.grand- viewresearch.com /industry-analysis/ wood-plastic-composites-market/re- quest. Further key findings from the re- port suggest: • North America was the largest segment for the wood plastic compos- ite market in 2015, accounting for over 45% of the global volume. Growing construction sector in the region owing to rising investments in new infrastructure projects is ex- pected to augment growth. Furthermore, increasing residen- tial and commercial building renova- tion activities in the region is expect- ed to have a positive impact on the growth. • Polyethylene based wood plastic composites dominated the industry, accounting for over 55% of the market share. Excellent molecular bonding sta- bility and structure offered by poly- propylene, which makes the product robust, is expected to be a key factor for the product demand. • European demand for wood plastic composites in automotive ap- plications was valued over $65 mil- lion in 2015. The automotive industry is the most crucial sector in Europe and ac- counts over 4% of European GDP. Germany dominated premium car production in 2015, accounting for over 40% of the total market. Adoption of new technologies, increasing use of bio-based products and high investments in R&D are ex- pected to open new avenues for the product market. • Key players in the industry in- clude Advanced Environmental Recy- cling Technologies, Inc., Axion Inter- national, Inc., Fkur Kunststoff GmbH, Beologic N.V., CertainTeed, Fiberon, LLC, JELU-WERK J. Ehrler GmbH & Co. KG, Guangzhou Kindwood Co. Ltd., Josef Ehrler GmbH & Co. Kg, Polymera, Inc., Renolit, Polyplank AB, Tamko Building Products, Inc., Timbertech and Trex Company, Inc. Grand View Research, Inc. is a U.S. based market research and con- sulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. For more information, call 888- 202-9519 or visit www.grandviewre- search.com. CFIA web site optimized for mobile and tablet devices The Canadian Fence Industry Association (CFIA) announced that its web site has now been optimized for mobile phone and tablet usage. When browsing to the site it will automatically detect your device type and change the layout of the site to fit your desktop screen, tablet screen or mobile screen while still offering the full content of the web site. No more pinch zooming and scrolling is required, and no more clicking the wrong link because it was too tiny on the screen. "This is not a slimmed down, half usable, mobile version, either – all the content of the full web site is available in this improved and optimized view," the association stated. CFIA is a non-profit organization whose members include professional installation contractors, retailers, agents, wholesalers and manufacturers of fence products and related services. For more information, visit www.cfia.ca.