The average annual growth rate from 2025 to 2031 is 8.0%.
The future of the global recycled plastic lumber (RPL) market is viewed as promising, with business opportunities anticipated in markets such as agriculture, civil engineering, horticulture, transportation, and marine engineering. The global recycled plastic lumber (RPL) market is expected to reach an estimated size of $2.3 billion by 2031, with a compound annual growth rate (CAGR) of 8.0% from 2025 to 2031. The main factors driving this market are strict regulations favoring environmentally friendly products, advancements in recycling technology, and increasing environmental awareness. Lucintel forecasts that high-density polyethylene (HDPE) RPL will show the highest growth rate during the forecast period by type. By region, the Asia-Pacific region is expected to exhibit the highest growth rate during the forecast period. [Contents] ■ Market trends and forecast analysis (By type, application, and region) ■ Competitive analysis ■ Growth opportunities and strategy analysis ■ Profiles of key companies
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Publisher: Lucintel Publication Month: April 2025 Report Language: English *For more details, please visit our website or refer to the sample materials.
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