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

New Vinyl Building Council leader out to build on grassroots efforts

January 20, 2015 12:54 pm ET

As the new executive director of the Vinyl Building Council, Kevin Koonce will oversee advocacy for the most-used plastic in building and...    More

Image

Plastics help create net-zero energy home

January 20, 2015 3:31 pm ET

The New American Home — a working lab of best construction practices since 1984 — has reached its greenest goal yet with plastic pushing...    More

Image

Public utilities appeal latest decision in JM Eagle case

January 20, 2015 1:08 pm ET

The law firm representing public utilities in a False Claims Act lawsuit against J-M Manufacturing Co. — now called JM Eagle — plans to...    More

Image

Mohawk buying IVC Group for $1.2 billion to grow in luxury vinyl tile

January 14, 2015 5:29 pm ET

Mohawk Industries Inc., which bills itself as the world's largest flooring company, is acquiring IVC Group — a rapidly growing manufacturer of...    More

Image

Fiberglass door maker investing $20 million in Indiana

January 14, 2015 12:45 pm ET

Therma-Tru Doors will invest $20 million in new equipment at its Butler, Ind., facility over the next three years to increase production capabilities ...    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events