India Wood Plastic Composites Market Size & Outlook
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India wood plastic composites market highlights
- The India wood plastic composites market generated a revenue of USD 470.8 million in 2025 and is expected to reach USD 1,255.7 million by 2033.
- The India market is expected to grow at a CAGR of 13.1% from 2026 to 2033.
- In terms of segment, polyethylene was the largest revenue generating product in 2025.
- Polypropylene is the most lucrative product segment registering the fastest growth during the forecast period.
Wood plastic composites market data book summary
| Market revenue in 2025 | USD 470.8 million |
| Market revenue in 2033 | USD 1,255.7 million |
| Growth rate | 13.1% (CAGR from 2026 to 2033) |
| Largest segment | Polyethylene |
| Fastest growing segment | Polypropylene |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene, Polypropylene, Polyvinylchloride, Others Product |
| Key market players worldwide | Compagnie de Saint-Gobain SA, Fortune Brands Innovations Inc, FKuR, JM Holdings Co Ltd, TAMKO Building Products, Trex Co Inc, UFP Industries Inc, Advanced Environmental Recycling Technologies, Beologic, Polyplank, Timber Tech |
Other key industry trends
- In terms of revenue, India accounted for 5.3% of the global wood plastic composites market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China wood plastic composites market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,255.7 million by 2033.
Polyethylene was the largest segment with a revenue share of 74.72% in 2025. Horizon Databook has segmented the India wood plastic composites market based on polyethylene, polypropylene, polyvinylchloride, others product covering the revenue growth of each sub-segment from 2021 to 2033.
The Indian wood plastic composite market is expected to witness significant growth on account of rising expansion of capital market, presence of small- & large-scale industries, and rising foreign exchange reserves.
Government’s ‘make in India’ initiative is further expected to boost the consumer goods application segment, while construction industry is witnessing steady growth owing to the increasing demand for rental and personal housing property by the emerging population of the country.
The building and construction industry in India is highly dependent on the government’s land reform program. The industry is also expected to face various challenges such as power networks and transportation systems, which require upgrades.
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Wood Plastic Composites Market Scope
Wood Plastic Composites Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Timber Tech | View profile | 501-1000 | Wilmington, Ohio, United States, North America | https://timbertech.com |
| Polyplank | View profile | - | Färjestaden, Kalmar Lan, Sweden, Europe | http://www.polyplank.se/ |
| Beologic | View profile | 11-50 | Belgium, Wisconsin, United States, North America | http://www.beologic.com |
| Advanced Environmental Recycling Technologies | View profile | 251-500 | Springdale, Arkansas, United States, North America | http://www.aert.com |
| Trex Co Inc | View profile | 1765 | 2500 Trex Way, Winchester, VA, United States, 22601 | https://www.trex.com |
| JM Holdings Co Ltd | View profile | 5545 | Tsuchiura-shi wholesale Town 2-3, 30 Ibaraki prefecture, Ibaraki, Japan, 300-0847 | http://www.japanmeat.co.jp |
| UFP Industries Inc | View profile | 15800 | 2801 East Beltline Avenue NE, Grand Rapids, MI, United States, 49525 | https://www.ufpi.com |
| Fortune Brands Innovations Inc | View profile | 11700 | 520 Lake Cook Road, Suite 300, Deerfield, IL, United States, 60015-5611 | https://www.fbin.com |
| TAMKO Building Products | View profile | 5001-10000 | St Louis, Missouri, United States, North America | http://tamko.com |
| FKuR | View profile | 51-100 | Willich, Nordrhein-Westfalen, Germany, Europe | https://fkur.com/ |
| Compagnie de Saint-Gobain SA | View profile | 168508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | http://www.saint-gobain.com |
India wood plastic composites market size, by product, 2021-2033 (US$M)
India Wood Plastic Composites Market Outlook Share, 2025 & 2033 (US$M)
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