Product Code: ETC4512032 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The wood plastic composite (WPC) market in Sri Lanka provides hybrid materials combining wood fibers and thermoplastic resins for decking, fencing, and outdoor furniture applications. WPC products offer durability, weather resistance, and low maintenance compared to traditional wood products. Market trends include recycled material content, color and texture options resembling natural wood, and applications in green building initiatives promoting sustainable construction materials.
Growth is fueled by construction industry demand, environmental sustainability goals, and innovations in composite materials. Drivers include WPC decking, fencing, and cladding applications that offer durability, low maintenance, and aesthetic appeal in building construction.
Challenges in the wood plastic composite market in Sri Lanka include high production costs and limited availability of raw materials. There is also a lack of awareness about the benefits of modern wood plastic composites among potential users. Additionally, competition from traditional materials and economic instability pose significant hurdles.
Regulations in Sri Lanka wood plastic composite market focus on promoting innovation, quality assurance, and environmental sustainability. Government policies encourage the use of recycled materials and eco-friendly production processes in composite manufacturing. Efforts also include standards development for product safety and performance to ensure market competitiveness and consumer trust.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Wood Plastic Composite Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Wood Plastic Composite Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Wood Plastic Composite Market - Industry Life Cycle |
3.4 Sri Lanka Wood Plastic Composite Market - Porter's Five Forces |
3.5 Sri Lanka Wood Plastic Composite Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Sri Lanka Wood Plastic Composite Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Sri Lanka Wood Plastic Composite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable building materials |
4.2.2 Increasing awareness about the benefits of wood plastic composites over traditional materials |
4.2.3 Government initiatives promoting the use of green construction materials |
4.3 Market Restraints |
4.3.1 High initial cost compared to traditional materials |
4.3.2 Lack of awareness and understanding about wood plastic composites among consumers and builders |
4.3.3 Availability and quality of raw materials for production |
5 Sri Lanka Wood Plastic Composite Market Trends |
6 Sri Lanka Wood Plastic Composite Market, By Types |
6.1 Sri Lanka Wood Plastic Composite Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Wood Plastic Composite Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Sri Lanka Wood Plastic Composite Market Revenues & Volume, By Polyethylene, 2021-2031F |
6.1.4 Sri Lanka Wood Plastic Composite Market Revenues & Volume, By Polyvinylchloride, 2021-2031F |
6.1.5 Sri Lanka Wood Plastic Composite Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.6 Sri Lanka Wood Plastic Composite Market Revenues & Volume, By Others, 2021-2031F |
6.2 Sri Lanka Wood Plastic Composite Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Wood Plastic Composite Market Revenues & Volume, By Building & Construction Products, 2021-2031F |
6.2.3 Sri Lanka Wood Plastic Composite Market Revenues & Volume, By Automotive Components, 2021-2031F |
6.2.4 Sri Lanka Wood Plastic Composite Market Revenues & Volume, By Industrial & Consumer Goods, 2021-2031F |
6.2.5 Sri Lanka Wood Plastic Composite Market Revenues & Volume, By Others, 2021-2031F |
7 Sri Lanka Wood Plastic Composite Market Import-Export Trade Statistics |
7.1 Sri Lanka Wood Plastic Composite Market Export to Major Countries |
7.2 Sri Lanka Wood Plastic Composite Market Imports from Major Countries |
8 Sri Lanka Wood Plastic Composite Market Key Performance Indicators |
8.1 Percentage of construction projects using wood plastic composites |
8.2 Environmental impact assessment and sustainability certifications obtained by manufacturers |
8.3 Research and development investments in enhancing product quality and properties |
9 Sri Lanka Wood Plastic Composite Market - Opportunity Assessment |
9.1 Sri Lanka Wood Plastic Composite Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Sri Lanka Wood Plastic Composite Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Sri Lanka Wood Plastic Composite Market - Competitive Landscape |
10.1 Sri Lanka Wood Plastic Composite Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Wood Plastic Composite Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |