WPC/PVC Boards: Market Review, Advantages, and Opportunities
What is WPC and Where do WPC Board Manufacturers supply?
Wood-Plastic Composites can be defined as materials that are made by combining a powder of wood, or woody biomass from agricultural residues and then blended with polymers such as polyethene or polypropylene within an extruder. The development of this material has been underway since the over four decades with continuous WPC board manufacturers investing heavily in advanced research. Since this invention, the most usage of Wood-plastic composites can be observed in the United States of America predominantly for outdoor applications like deck floors, railings, to name a few. Apart from an option as a material for furniture, WPC also enjoys presence in various industries like shoe manufacturing as well as automobile.
What does the WPC Market Look Like and What is the forecast for WPC Board Manufacturers?
As this material is believed to be more environment-friendly and has many other advantages as we will note below, Wood-Plastic Composites as a market is growing slowly, yet steadily. According to a survey that took place in 2017, the global WPC market enjoyed revenue of nearly $4 Billion. The market is expected to grow at a rate of 9.3%. While currently, WPCs find the highest applications in the United States of America, as well as Europe, WPC and PVC board manufacturers in developing economies like India and China, have a lot to look forward to. Factors like increasing urbanization, rise in nuclear family systems, along with a push for ecological sensitivity, will drive demand and growth for the market.
What are the Advantages of WPCs?
For WPC products manufacturers in India, this market presents a unique opportunity as this is an ideal time to create awareness about the benefits of using WPCs and gaining a significant competitive edge through a first-mover advantage. What are the benefits of using WPCs and why are they so popular in the West? Let’s find out:
A.) Water Resistance qualities:
Wood and plywood are not resistant to water and often fail when in contact. On the other hand, wood-plastic composites are resistant to water, making them a lot more desirable, especially for use in potentially wet areas like bathrooms and cleaning rooms.
B.) Wide Range of Applications:
WPCs, due to their durable nature and competitive pricing, are applicable to a wide range of scenarios, especially for interior designing applications like fall ceilings, deck flooring, wooden flooring, shoe racks, to name a few. WPC board manufacturers are aggressively investing in research so as to increase the areas of application of these new-age materials.
C.) Robust Materials:
One of the things that work most for WPCs are that they are extremely robust and sturdy. Their exterior strength makes it eligible for a variety of applications and further, having a high melting point also helps.
Owing to increased perils of global warming and climate change, it is instrumental that along with a push by the government, there are changes in consumer behaviour as well. As WPCs do not directly use wood but only their residues, they can contribute greatly against cutting down of trees.
To sum it up, WPC Board manufacturers in India have a strongly positive outlook ahead of them, especially in a developing economy in India. If the benefits of this material are exposed to the public, there is a significant potential for growth as well as benefits to the environment. Research and innovation will boost the segment and drive demand.
Navratna Specialty Chemicals LLP is a part of Meghmani Group of Companies, a conglomerate established over 40 years and dealing in several industries with revenue of over $650 Million. Navratna offers products that find a wide range of applications. Navratan Specialty Chemicals LLP manufacturers a wide range of interior decorative solutions as well as outdoor branding solutions. With a focus on innovation and research, the organization has successfully established brands like GIZA and Mega Sign. The organization takes necessary measures to minimize the environmental impact while delivering the perfect products and contributes to the sustainable development of the planet.
Frequently Asked Question about Wood Plastic Composite:
Q. What is wood plastic composite used for?
A. Wood plastic composite mostly used in building and structural components. It also used for automotive and consumer products.
Q. What is a wood-plastic composite material?
A. Wood Plastic Composite is a mixture of several components that may include wood, plastic, and Straw.
Q. Which is better WPC or PVC?
A. Both offers excellent resistance to moisture and water. While WPC boards are better than the PVC boards when used in humid and damp conditions.