Economic analysis and development strategy of the composites market in the regions of Uzbekistan
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https://doi.org/10.5281/zenodo.15857006##article.subject##:
Wood-plastic composites in Uzbekistan; sustainable materials; recycled plastics; smart composite strategies; polymer industry; building materials; economic development##article.abstract##
This article examines the global wood-plastic composites (WPC) market from an economic and strategic
perspective. The market was valued at $7.3 billion in 2024 and is expected to grow at a CAGR of 5.6% during 2024–2032.
The study analyzes the key drivers of the WPC industry, including environmental benefits, the emergence of innovative
materials, and the evolving demands of various market segments. The article focuses on the application of WPCs in
construction, automotive, furniture, and everyday consumer products. Moreover, it outlines the market segmentation
and provides insights into how Uzbekistan can integrate into the expanding global market through local production,
investment incentives, and supportive policy frameworks
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