The future of the bio-composite market looks promising with opportunities in building and construction, automotive, industrial and consumer goods industries. By 2023, the global bio-composite market is expected to reach $8,733.4 million.  Some of the products made with bio-composites are decking, railing fencing, cladding, door panels, and dashboard. By 2023, the market for end Products made with bio-composites is expected to reach an estimated $12.2 billion.

Emerging trends, which have a direct impact on the dynamics of the bio-composites industry, include the emergence of new applications, and government support to innovate and commercialize the use of bio-based composites.

On the basis of fiber type, the bio-composites market is categorized into wood-plastic composites (WPC) and natural fiber composites (NFC). WPC was the larger type in the market, accounting for more than 50% volume sales in 2018. The main growth driver for the bio-composites market is the increasing demand for WPC in the construction industry. The large-scale consumption of WPC in furniture, construction and consumer products applications is fuelling the market growth.

The largest end-use industry of bio-composites market will be building and construction, and Building & Construction segment is the growth engine of the global WPC market. Increasing demand for moisture resistance, low maintenance, non-toxic, and durable products are the major requirements driving growth for this segment. Wood Plastic composite (WPC) products  exactly meet  the requirements.

HOSUNG WPC products can be widely used in square, garden, landscape and some other building and construction areas. HOSUNG supplies many WPC building materials for various outdoor construction projects of terrace, patio, pergola, fence, walkway, handrail, cabin etc. HOSUNG WPC products has wooden touch feeling and easy installation characteristics. HOSUNG WPC products has advantages as following: 100% recycled, water-proof, moisture-proof, anti-corrosive, anti-slip, no paint, non-toxic, easy installation, economical & low maintenance, long life span etc. The widely application of WPC products helps saving a lot of forest & petroleum resources, that’s also why we called it eco-friendly materials. In the future, the building and construction industry will use this environmentally friendly material more widely.

By resin type, polyethylene resin based bio-composites are the largest segment and witness the highest growth because of durability, near-zero moisture absorption, excellent chemical inertness, and ease of processing. Polyethylene based WPC is widely preferred for manufacturing decking, fencing, furniture, wall cladding, hollow boards, and profiles. Extrusion process remains the most dominant process type in the global WPC market. Building & Construction, the largest application industry of WPC market is heavily relied on the extrusion process to manufacture key applications, such as decking, siding, and fencing.

The main material of HOSUNG Wood Plastic Composite products is natural wood powder (about 60%), by adding high density polyethylene plastic (about 30%) and necessary chemical additives. It’s extruded out from special moldings under high temperature and pressure. HOSUNG has many different models of WPC products to meet different markets & various customer demands. HOSUNG WPC gazebo, pergola, fence, walkway, planter, seat brings relax, welcoming and elegant outdoor living style in your yard & garden. HOSUNG WPC decking, cladding, fencing, railing & DIY tile meet all your outdoor landscape ideas and designs.