Composite & Plastic Lumber forecasts for 2011 & 2016

US demand to post doubledigit gains through 2011
By: Sunil Nair
 
Sept. 9, 2007 - PRLog -- Demand for wood-plastic composite and plastic lumber is projected to advance about ten percent per year through 2011 to $5.4 billion. These alternative lumber materials are expected to continue to penetrate the building materials market at a rapid pace, particularly in decking applications. Composite and plastic lumber will continue to benefit from their performance characteristics, such as durability, weatherability, low maintenance requirements and low life cycle cost. Demand for composite and plastic lumber will also be driven by increasing consumer and contractor familiarity, a widening distribution network, and product improvements that enhance appearance. Furthermore, ongoing interest in “green” building products will bolster use of composite and plastic lumber made with recycled content. Plastic lumber has found significant use in agricultural fencing and molding and trim applications. Solid growth in decking, fencing and other end uses such as site and leisure furniture will continue to support demand going forward. However, wood-plastic composite lumber will see much faster growth through 2011, posting gains of 14.3 percent annually to reach $2.6 billion. Composite lumber demand will be fueled by strong demand for the material in decking applications. In addition, rapid growth in windows and door applications, as well as smaller niche end uses (e.g., porches, site and leisure furniture) will support demand going forward.

Decking to become largest market by 2011

Among the major product categories window and door applications for woodplastic composites are anticipated to post the most rapid gains through 2011 (albeit from a small base). As with other applications, wood-plastic composite window and door components are making inroads because of their lower maintenance requirements, durability in exterior applications and similarities to wood. Decking applications are projected to see strong gains through 2011, continuing to increase its relative share of the composite and plastic lumber industry. By 2011, decking will be the largest end use for these alterantive building materials, accounting for 44 percent of demand. Molding and trim will remain a key market for composite and plastic lumber, but will exhibit below-average growth through 2011. Increasing market maturity in the plastic lumber segment will limit growth, as will a weak new housing environment going forward. Fencing applications will see below-average gains through 2011, due to increasing market maturity in the plastic lumber segment. All other applications are projected to see rapid growth over the forecast period from small bases. Playground equipment and site and leisure furniture applications are expected to register strong gains through 2011, driven by the environmentally friendly profile of composite and plastic lumber, as well as their performance and maintenance characteristics.

US industry highly fragmented

The US wood-plastic composite and plastic lumber industry is highly fragmented, consisting of hundreds of companies ranging from small, regional producers to large, national concerns. Manufacturers typically specialize in one type of material, although some companies offer both composite and plastic lumber. In 2006, the leading composite and plastic lumber firms were Louisiana- Pacific, Royal Group Technologies, Tapco International and Trex.

Study coverage

Composite & Plastic Lumber is a new Freedonia industry study priced at $4500. It presents historical demand data (1996, 2001 and 2006) plus forecasts for 2011 and 2016 by material, application and market. This study also considers US market environment factors, evaluates market share and profiles 33 competitors.


 

Introduction

Executive Summary

1 Summary Table

Market Environment

General

Macroeconomic Overview

Consumer Income & Spending

Personal Income & Expenditures

Consumer Financing

Demographic Trends

Construction Trends

Construction Expenditures

Construction Stock

Building Construction Trends

Residential Construction

Housing Outlook

Residential Floor Space Outlook

Improvements & Repair

Nonresidential Construction

Construction Expenditures

Improvements & Repair

Nonbuilding Construction Trends

Pricing Issues

Environmental Issues

Regulations & Standards

International Activity & Foreign Trade

North America

Western Europe

Other Regions

LIST OF TABLES & CHARTS:

1 Macroeconomic Indicators

2 Personal Income & Expenditures

3 Consumer Financing Environment,

1996-2006

4 Resident Population

5 Construction Expenditures

6 Construction Stock

Cht Year of Construction of

Housing Stock, 2006

7 Residential Construction Expenditures

8 Housing Indicators

9 Residential Floor Space

10 Residential Improvement

& Repair Expenditures

11 Nonresidential Construction

Expenditures

12 Nonresidential Improvement

& Repair Expenditures

13 Nonbuilding Construction Expenditures



Materials

General

Material Demand

Wood-Plastic Composite Lumber

Material Characteristics

Cellulosic Material

Plastic Resins

Polyethylene

Polyvinyl Chloride

Other Resins

Additives & Modifiers

Plastic Lumber

Material Characteristics

Polyvinyl Chloride

Polyethylene

Other

LIST OF TABLES & CHARTS:

1 Wood-Plastic Composite & Plastic

Lumber Demand by Product & Material

Cht Wood-Plastic Composite & Plastic

Lumber Demand by Material,

1996-2016

2 Wood-Plastic Composite Lumber

Demand by Material

Cht Wood-Plastic Composite Lumber

Demand by Material, 2006

3 Plastic Lumber Material

Demand by Resin

Cht Plastic Lumber Demand by Resin, 2006



Applications

General

Molding & Trim

Outlook

Wood-Plastic Composite & Plastic Lumber

Wood-Plastic Composites

Plastic Lumber

Decking

Outlook

Wood-Plastic Composite & Plastic Lumber

Wood-Plastic Composite Lumber

Plastic Lumber

Fencing

Outlook

Wood-Plastic Composite & Plastic Lumber

Wood-Plastic Composite Lumber

Vinyl Lumber

HDPE Lumber

Windows & Doors

Outlook

Wood-Plastic Composite Lumber

Product Characteristics

Suppliers

Other

Playground Equipment

Marine (Non-Decking)

Hot Tub & Spa Cladding

Porches

Site & Leisure Furniture

Railroad Ties

All Other

LIST OF TABLES & CHARTS:

1 Wood-Plastic Composite & Plastic

Lumber Demand by Application

& Material Type

Cht Wood-Plastic Composite & Plastic

Lumber Demand by Application, 2006

2 Molding & Trim Demand

3 Wood-Plastic Composite & Plastic

Lumber Molding & Trim Demand

4 Wood-Plastic Composite Lumber

Molding & Trim by Market

5 Plastic Lumber Molding & Trim by Market

6 Decking Demand

7 Wood-Plastic Composite & Plastic

Lumber Decking Demand

8 Wood-Plastic Composite Lumber

Decking Demand by Function & Market

9 Wood-Plastic Composite Lumber

Decking Demand by Material Type

10 Plastic Lumber Decking Demand

by Function & Market

11 Plastic Lumber Decking Demand

by Material Type

12 Fencing Demand

13 Wood-Plastic Composite & Plastic

Lumber Fencing Demand

by Material Type & Market

14 Window & Door Demand

15 Wood-Plastic Composite Lumber

Window & Door Demand by Market

16 Other Wood-Plastic Composite &

Plastic Lumber Demand by Material

Type, Market & Application



Markets

General

Residential Building

New

Improvement & Repair

Housing Type

Single-Family

Multifamily Housing

Manufactured Housing

Nonresidential Building

New

Improvement & Repair

Nonbuilding Construction

New

Improvement & Repair


For more information kindly visit:http://www.bharatbook.com/detail.asp?id=51210

Website: www.bharatbook.com
End
Source:Sunil Nair
Email:Contact Author
Zip:400614
Tags:Composite Plastic Lumber Forecasts For 2011 2016
Industry:Business
Location:Navi Mumbai - Maharashtra - India
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Bharat Book Bureau News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share