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Next Move Strategy Consulting
Wood Plastic Composite Market Growth & Trends 2030
Wood Plastic Composite Market Growth & Trends 2030
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The global Wood Plastic Composite (WPC) Market is projected to reach USD 14.81 billion by 2030, growing at a CAGR of 10.5%.
The market growth is driven by the rising demand for WPC in construction applications such as decking, railing, fencing, and cladding. North America holds the largest market share and is expected to maintain its dominance throughout the forecast period. This is largely due to the substantial construction industry in the U.S. and Canada, which drives the need for durable, high-performance materials that can withstand harsh conditions and endure over time.
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