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Article: Injection Molded Wood-Plastic Composites to Reach $350 Million By 2008 Based on New Principia Report.
- Article from:
- Business Wire
- Article date:
- May 24, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
EXTON, Pa.--(BUSINESS WIRE)--May 24, 2004
The injection molded wood-plastic composites (WPC) market is embryonic in its stage of development. Only in the past few years has the market started to develop, primarily as an outgrowth of the success found in the wood-plastic composites extrusion market.
This emerging business provides an outstanding opportunity for over 10,000+ injection molders in North America. Projected demand for injection molded wood-plastic composites will experience 70% average annual growth to reach a market size of over $350 million in 2008. Building products will be a critical market to fuel growth although ...