freedonia group

Press Releases

Demand for Wood-Plastic Composites to Reach $5.5 Billion in 2018

US demand for wood-plastic composite and plastic lumber is expected to rise 9.8 percent annually to $5.5 billion in 2018, creating a market for 2.6 billion pounds of plastic. A rebound in new housing completions from a low 2013 level and gains in residential improvement and repair expenditures will generate growth in demand.