DEVELOPMENT PROSPECTS AND ECONOMIC ASSESSMENT OF THE WOOD-POLYMER COMPOSITES MARKET IN UZBEKISTAN
Keywords:
Polymer composites, recycled plastics, recycling industry, market analysis, decking materials, composites for the automotive industry, fiber-reinforced plastic in the furniture industry, biocomposite materials, Uzbekistan industry, local production, investment potential, processing technology, green economy, raw material diversification, import substitution products, construction materials market.Abstract
This article talks about the current state of the worldwide wood-polymer composite (WPC) market, what makes it grow, its financial numbers, and Uzbekistan's potential and strategic chances in this area. The research shows that the WPC market, which was worth $7.3 billion in 2023, will reach $11.8 billion by 2032. At the same time, as Uzbekistan sees a rise in the need for eco-friendly, recyclable materials, it is becoming more important to cut down on WPC product imports and start up local production.
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