Wood-plastic composites growing rapidly in Southeast Asia

By Steve Toloken
Staff Reporter / Asia Bureau Chief

Published: August 7, 2012 6:00 am ET

Related to this story

Topics Construction, Pipe/Profile/Tubing

VIENNA (Aug. 7, 12 p.m. ET) —  Southeast Asia’s small wood plastic composite industry is projected to grow 10 percent a year through 2015, reaching 55,000 metric tons of production, according to a new study that claims to be the first to focus on WPC in that region.

The WPC industry from Indonesia to Thailand is more export oriented than Europe, and is seeing opportunities for more export growth as costs in China rise, according to the study “WPC Market in Southeast Asia 2011,” from Asta Eder Composites Consulting.

While the Southeast Asian WPC industry remains small — by comparison Chinese capacity is around 1 million metric tons – the region’s growth from 2008 to 2011 outpaced Europe at a similar stage of Europe’s development, the report said.

Between 2008 and 2011, SE Asian WPC production reached 34,000 metric tons and the report painted a picture of rapid growth.

“The same production figure was reached in Europe in 2005 and took 6 years of market development,” the report said. “Within [the] last four years WPC market development in Southeast Asia has reached higher growth on imports and exports and also production than Europe did during the same time span between 2000 and 2003.”

The Vienna, Austria-based consulting company was started in 2010 by Asta Eder, who has a doctorate in wood plastic composites and led market research teams in WPC for Wood K plus and the University of Applied Life Sciences in Vienna.

The report said the Asian industry has a large variety of applications such as door and window frames, interior wall panels, siding and pallets, beyond the decking that it says is more the focus of Western WPC makers.

It said the most common WPC products in the region are hollow, PVC based, wood filled interior profiles. It said that while exports are growing, there are also signs of “healthy” domestic demand.

The report contains country reports for Singapore, Malaysia, the Philippines, Thailand, Indonesia and Vietnam, as well as an overview of the 65 WPC producers, importers and exporters in the region and details on the mix of polymers and fibers used.


Comments

Wood-plastic composites growing rapidly in Southeast Asia

By Steve Toloken
Staff Reporter / Asia Bureau Chief

Published: August 7, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Green trend boosts plastic building materials business in China

August 29, 2014 9:42 am ET

The greening of China's domestic building materials market is giving the plastics industry a boost.    More

Image

Truce? ACC, US Green Building Council agree to work together on LEED

August 28, 2014 12:08 pm ET

The American Chemistry Council (ACC) and the U.S. Green Building Council (USGBC) announced Aug. 27 that they will be working together on a new...    More

Image

Canadian thermoformer ICI gets new financial backing

August 26, 2014 3:11 pm ET

Innovative Composites International Inc. (ICI) will get a $1.5 million infusion in the form of a loan and equity funding to cover a corporate...    More

Image

Romania's biggest PVC processor adding capacity, product lines

August 26, 2014 10:07 am ET

Romanian plastics manufacturer Teraplast SA has unveiled plans to invest 1.3 million euros ($1.7 million) this year to expand its output capacity and ...    More

Image

Deceuninck buys PVC window maker Pimas, adds capacity in Turkey, Russia

August 25, 2014 2:26 pm ET

European building products manufacturer Deceuninck Group has acquired 81.2 percent of Pimas Plastik Insaat Malzemeleri AS, the leading PVC window prof...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events