ECONOMIC ANALYSIS AND DEVELOPMENT STRATEGY OF THE WOOD-PLASTIC COMPOSITES MARKET
Keywords:
Wood-plastic composites in Uzbekistan: An economic and market view looking at how sustainable materials, recycled plastics, and smart composite strategies can impact the polymer industry and construction material.Abstract
This article takes a look at the wood-plastic composites (WPC) market worldwide from an economic and strategic point of view. In 2023, this market was worth about $7.3 billion. It's expected to grow by 5.6% each year between 2024 and 2032. This study checks out the main things that are making the WPC business get bigger. This includes things like being good for the environment, new materials, and what different parts of the market want. We’re paying close attention to how WPC is used in building, cars, furniture, and everyday products. The article also gives some ideas on how to grow, divides the market into sections, and looks at ways Uzbekistan can get involved in this growing global market by making things locally, investing money, and supporting policies.
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Copyright (c) 2025 S.S.Sidiqov, A.A.G’ulomov, B.R.Tillayeva (Author)
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