Environmentally friendly wood-plastic materials are based on primary biomass materials such as sawdust, bamboo chips, wheat straw, rice bran, peanut shells, cotton straw and other raw materials. They use the principles of polymer interface chemistry and the characteristics of plastic filling modification to mix a certain proportion of Plastic base material is a basic material with various shapes and structures that can be reversibly recycled and formed after special processing.
Environmentally friendly wood-plastic materials are environmentally friendly materials. With the development of my country's environmentally friendly wood-plastic material industry, downstream applications continue to increase, driving the increase in the production and sales of environmentally friendly wood-plastic materials. In recent years, the market size of my country's environmentally friendly wood-plastic materials industry has maintained steady growth. From 2019 to 2023, the market size increased from 19.089 billion yuan to 27.549 billion yuan, with a compound growth rate of 7.61%. In the future, with the recovery of my country's construction industry after the epidemic, the market size of my country's environmentally friendly wood-plastic materials industry will continue to grow.
Although China's environmentally friendly wood-plastic materials are a very young industry, it has developed extremely rapidly. In recent years, it has gradually developed into a national strategic emerging industry, and China has become the world's largest producer and exporter of wood-plastic products. Domestic output of environmentally friendly wood-plastic materials will reach 4.45 million tons in 2023. In the past 20 years, China's total wood-plastic industry has grown nearly 300 times. It is expected that the production and sales of environmentally friendly wood-plastic materials in my country will develop rapidly in the future.
According to the "China Plastics Industry Yearbook (2021)", there were about 500 domestic plastic wood manufacturers in 2020, including about 130 outdoor PE plastic wood manufacturers with a production capacity of 1.5 million tons, and a total of 5 companies with an annual production capacity of more than 50,000 tons. There are more than 400 indoor PVC plastic wood manufacturers; there are more than 2,000 upstream and downstream companies connected in the plastic wood industry chain, mainly distributed in East China, South China, and Central China. After more than ten years of development, China's plastic wood industry has made great progress in terms of output, quality, technology, etc., the scope of applications has continued to expand, and product performance has continued to improve. Some of them are higher than the international level. For example, domestic products can be designed to be more realistic. On the surface of wooden products, the overall cost performance of the product is also more advantageous.
Against the background of stricter domestic environmental protection policies, the market demand for environmentally friendly wood-plastic materials in my country has continued to increase in recent years. On September 22, 2020, China officially proposed at the 75th United Nations General Assembly to achieve carbon peak in 2030 and achieve carbon neutrality in 2060. The goal is to promote further growth in the market demand for environmentally friendly wood-plastic materials in my country. Sales volume will increase from 2.97 million tons in 2019 to 4.05 million tons in 2023.
At present, it is mainly used as a new green building material in outdoor facilities, interior decoration, construction and other fields. Therefore, the current downstream industry of environmentally friendly wood-plastic material products is the new building material manufacturing sub-industry in the building materials manufacturing industry. From the perspective of market size, my country's environmentally friendly wood-plastic materials are well used in the building materials industry, accounting for about 75% of the demand. In recent years, with the country's investment in infrastructure, the added value of my country's construction industry has maintained steady growth, which has promoted the demand for environmentally friendly wood-plastic materials. From 2019 to 2023, the market size increased from 14.660 billion yuan to 20.607 billion yuan.
Although my country has replaced the United States to become the world's largest producer and exporter of plastic wood products, compared with the leading environmentally friendly wood plastic material companies in the United States, the individual scale of my country's environmentally friendly wood plastic material manufacturers is still generally smaller and the industry concentration is lower. . In addition, since the consumer market for environmentally friendly wood-plastic materials is mainly distributed in overseas markets such as North America and Europe, enterprises in my country's environmentally friendly wood-plastic material industry mainly enter the supply chains of overseas building materials brands through ODM to achieve sales, truly establishing themselves as independent brands and competing with international leaders in wood-plastic materials. There are fewer companies competing directly, and the innovation capabilities and brand power of my country's environmentally friendly wood-plastic material companies need to be improved.
