TABLE OF CONTENTS
SECTION PAGE
INTRODUCTION xii
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
Macroeconomic Overview 5
Consumer Income & Spending 10
Consumer Financing 11
Demographic Outlook 15
Construction Outlook 17
Building Construction 21
Residential Construction 24
Housing Outlook 26
Housing Stock 31
Improvements & Repairs 35
Nonresidential Building Stock 36
Nonbuilding Construction 39
Pricing 40
Environmental Issues 43
Regulations & Standards 45
Building Codes 46
Materials Standards 47
Treated Lumber 48
Foreign Trade 49
World Market 50
North America 51
Western Europe 52
Asia/Pacific 53
Other Regions 54
III. MATERIALS 55
General 55
Material Demand 56
Wood-Plastic Composite Lumber 58
Material Characteristics 59
Cellulosic Materials 60
Plastic Resins 63
Polyethylene 63
PVC 65
Other Resins 66
Additives & Modifiers 68
Plastic Lumber 69
Material Characteristics 71
PVC 71
Material Characteristics 72
Characteristics by Application 73
Polyethylene 74
Material Characteristics 75
Characteristics by Application 76
Other 77
IV. APPLICATIONS 79
General 79
Decking 82
Outlook 83
Wood-Plastic Composite & Plastic Decking 86
Wood-Plastic Composite Decking 88
Demand by Function 91
Demand by Market 92
Demand by Material Type 94
Product Characteristics 95
Product Development 98
Suppliers 100
Plastic Decking 100
Demand by Function 101
Demand by Market 102
Demand by Material Type 103
Polyvinyl Chloride 104
Polyethylene & Other Plastics 106
Suppliers 110
Molding & Trim 111
Outlook 112
Wood-Plastic Composite & Plastic Molding & Trim 115
Wood-Plastic Composite Molding & Trim 117
Demand by Market 119
Product Characteristics 119
Plastic Molding & Trim 120
Demand by Market 121
Product Characteristics 122
Resins 124
PVC 124
Polyurethane 125
Other 126
Suppliers 127
Landscaping & Outdoor Products 128
Outlook 128
Wood-Plastic Composite & Plastic Landscaping
& Outdoor Products Demand 131
Demand by Product Type 132
Playground Equipment 133
Outdoor Structures 134
Site & Leisure Furniture 135
Edging & Walkways 136
Pots & Planters 137
Other Products 137
Demand by Material & Market 138
Demand by Material 139
Demand by Market 140
Fencing 141
Outlook 142
Wood-Plastic Composite & Plastic Fencing 144
Wood-Plastic Composite Fencing 147
PVC Fencing 148
HDPE & Other Plastic Fencing 151
Windows & Doors 151
Outlook 153
Wood-Plastic Composite Windows & Doors 155
Demand by Material 156
Demand by Market 157
Product Characteristics 158
Suppliers 159
Other 160
Demand by Market 162
Demand by Application 162
V. MARKETS 165
General 165
Residential Building Construction 168
New 170
Demand by Material 171
Demand by Application 172
Improvement & Repair 173
Demand by Material 174
Demand by Application 175
Demand by Application 176
Housing Type 179
Single-Family 180
Multifamily 183
Manufactured Housing 184
Nonresidential Building 186
New 188
Demand by Material 190
Demand by Application 191
Improvement & Repair 191
Demand by Material 192
Demand by Application 193
Demand by Application 194
Nonbuilding Construction 196
New 197
Demand by Material 199
Demand by Application 199
Improvement & Repair 199
Demand by Material 201
Demand by Application 202
Demand by Application 203
VI. INDUSTRY STRUCTURE 206
General 206
Industry Composition 207
Market Share 211
Trex 212
Royal Group 213
Tapco 213
AZEK 213
Other Leaders 214
Manufacturing 216
Extrusion 216
Injection Molding 217
Equipment 218
Developments 219
Product Development 220
Competitive Strategies 223
Marketing 225
Distribution 227
Mergers & Acquisitions 228
Cooperative Agreements 230
Company Profiles 233
ACT Composite Timbers Incorporated 234
Advanced Environmental Recycling Technologies 235
Alside, see Associated Materials
American Composite Timbers, see ACT Composite Timbers
Andersen Corporation 238
Associated Materials LLC 240
Atlantic Premium Shutters, see Headwaters
Atrium Companies Incorporated 242
AVCON Incorporated 245
AZEK Building Products, see CPG International
Bedford Technology LLC 246
Builders Edge, see Headwaters
Building Materials Corporation of America 247
Cascades Incorporated 249
CertainTeed, see Saint-Gobain
Correct Building Products LLC 251
CPG International Incorporated 253
CPI Plastics Group Limited 256
Crane Group 257
Endura Products Incorporated 261
Euramax International Incorporated 262
Exterior Profiles Corporation 263
Fiber Composites LLC 264
Fortune Brands Incorporated 267
Fypon, see Fortune Brands
GAF Materials, see Building Materials Corporation
of America
Genova Products Incorporated 268
Gentek Building Products, see Associated Materials
Georgia Gulf Corporation 270
Headwaters Incorporated 273
Kroy Building Products, see Ply Gem Holdings
LB Plastics Incorporated 277
LDI Composites, see Liberty Diversified Industries
Liberty Diversified Industries Incorporated 278
Louisiana-Pacific Corporation 279
Master Mark Plastics 281
Mid-America Siding, see Headwaters
N.E.W. Plastics Corporation 282
North American Technologies Group Incorporated 283
Outdoor Technologies, see Exterior Profiles
Plastic Lumber Company Incorporated 284
Plastiques Cascades, see Cascades
Ply Gem Holdings Incorporated 285
Quanex Building Products Corporation 287
Renew Plastics, see N.E.W. Plastics
Renewal by Andersen, see Andersen
Revere Building Products, see Associated Materials
Royal Group, see Georgia Gulf
Saint-Gobain 289
Strandex Corporation 292
TAMKO Building Products Incorporated 293
Tapco, see Headwaters
Thermal Industries, see Atrium Companies
TieTek Technologies, see North American Technologies
Group
TimberTech, see Crane Group
Trex Company Incorporated 295
Trimax Building Products, see N.E.W. Plastics
Universal Forest Products Incorporated 298
Vantage Building Products, see Headwaters
VEKA AG 300
Westlake Chemical Corporation 301
Westech Building Products, see Westlake Chemical
LIST OF TABLES
TABLE NUMBER PAGE
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 Macroeconomic Indicators 9
2 Personal Consumption Expenditures 11
3 Consumer Financing Environment, 1998-2008 14
4 Population & Households 17
5 Construction Expenditures 21
6 Building Construction Expenditures 24
7 Residential Building Construction Expenditures 26
8 New Housing Indicators 31
9 Housing Stock by Type 34
10 Residential Improvement & Repair Expenditures 36
11 Nonresidential Building Stock 38
12 Nonbuilding Construction Expenditures 40
SECTION III -- MATERIALS
1 Wood-Plastic Composite & Plastic Lumber Demand
by Product & Material 57
2 Wood-Plastic Composite Lumber Demand 59
3 Plastic Lumber Demand by Resin Type 70
SECTION IV -- APPLICATIONS
1 Wood-Plastic Composite & Plastic Lumber Demand
by Application & Material 81
2 Decking Outlook 86
3 Decking Demand for Wood-Plastic Composite & Plastic Lumber 88
4 Wood-Plastic Composite Decking Demand
by Function & Market 91
5 Wood-Plastic Composite Decking Demand by Material Type 95
6 Plastic Decking Demand by Function & Market 101
7 Plastic Decking Demand by Material Type 104
8 Molding & Trim Outlook 115
9 Molding & Trim Demand for Wood-Plastic Composite
& Plastic Lumber 117
10 Molding & Trim Demand for Wood-Plastic Composite
Lumber by Market 118
11 Molding & Trim Demand for Plastic Lumber by Market 121
12 Landscaping & Outdoor Products Outlook 131
13 Landscaping & Outdoor Products Demand
for Wood-Plastic Composite & Plastic Lumber 133
14 Landscaping & Outdoor Products Demand for Wood-Plastic
Composite & Plastic Lumber by Material & Market 139
15 Fencing Outlook 144
16 Fencing Demand for Wood-Plastic Composite
& Plastic Lumber by Material & Market 147
17 Windows & Doors Outlook 155
18 Windows & Doors Demand for Wood-Plastic Composite
& Plastic Lumber by Material & Market 156
19 Other Applications for Wood-Plastic Composite
& Plastic Lumber 161
SECTION V -- MARKETS
1 Wood-Plastic Composite & Plastic Lumber Demand by Market 167
2 Residential Building Market for Wood-Plastic Composite
& Plastic Lumber 169
3 New Residential Building Market for Wood-Plastic Composite
& Plastic Lumber 171
4 Residential Improvement & Repair Market for Wood-Plastic
Composite & Plastic Lumber 174
5 Residential Wood-Plastic Composite & Plastic Lumber
Demand by Application 178
6 Residential Wood-Plastic Composite & Plastic Lumber
Demand by Housing Type 180
7 Single-Family Housing Market for Wood-Plastic Composite
& Plastic Lumber 182
8 Multifamily Housing Market for Wood-Plastic Composite
& Plastic Lumber 184
9 Manufactured Housing Market for Wood-Plastic Composite
& Plastic Lumber 186
10 Nonresidential Building Market for Wood-Plastic Composite
& Plastic Lumber 188
11 New Nonresidential Building Market for Wood-Plastic
Composite & Plastic Lumber 190
12 Nonresidential Building Improvement & Repair Market for
Wood-Plastic Composite & Plastic Lumber 192
13 Nonresidential Building Wood-Plastic Composite
& Plastic Lumber Demand by Application 195
14 Nonbuilding Construction Market for
Wood Plastic-Composite & Plastic Lumber 197
15 New Nonbuilding Construction Market for
Wood-Plastic Composite & Plastic Lumber 198
16 Nonbuilding Improvement & Repair Market for
Wood-Plastic Composite & Plastic Lumber 201
17 Nonbuilding Wood-Plastic Composite & Plastic Lumber
Demand by Application 205
SECTION VI -- INDUSTRY STRUCTURE
1 Wood-Plastic Composite & Plastic Lumber Sales
for Selected Companies, 2008 209
2 Selected Acquisitions & Divestitures 229
3 Selected Cooperative Agreements 232
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II -- MARKET ENVIRONMENT
1 Year of Construction of Housing Stock, 2008 34
2 Global Composite & Plastic Lumber Demand by Region, 2008 51
SECTION III -- MATERIALS
1 Wood-Plastic Composite & Plastic Lumber Demand
by Product, 1998-2018 58
2 Plastic Lumber Demand by Resin Type, 2008 70
SECTION IV -- APPLICATIONS
1 Wood-Plastic Composite & Plastic Lumber Demand
by Application, 2008 82
SECTION V -- MARKETS
1 Wood-Plastic Composite & Plastic Lumber Demand
by Market, 2008 167
2 Residential Wood-Plastic Composite & Plastic Lumber
Demand by Application, 2008 178
3 Nonresidential Building Wood-Plastic Composite
& Plastic Lumber Demand by Application, 2008 195
SECTION VI -- INDUSTRY STRUCTURE
1 Wood-Plastic Composite & Plastic Lumber
Market Share, 2008 212
