Global Plastic Decking Market was valued at US$ 3.2Bn in 2019 and is expected to reach US$ 7.1Bn by 2027, at a CAGR of 10.47% during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Growing demand for plastic decking across various end-use industrial verticals such as residential and non-residential is major factor projected to drive the growth of the target market over the next few years. Also, various properties offered by plastic decking such as resistant to humidity and moisture and others are among some factor predictable to support the adoption of these products, which in turn anticipated to drive the growth of the target market during the forecast period.
Moreover, plastic decking has an extensive range of application in the various residential sector, which in turn estimated to drive the growth of the target market in the upcoming year. Changing lifestyle and inclination towards the low-maintenance and good quality decks are other key factors expected to drive the growth of the global market over a certain extent. Availability of substitutes and changing price of raw materials are the major restraint of the market.
On the basis of end user, residential buildings segment dominated the market in 2017, as a result of the growing urbanization and changing lifestyle inclined toward low-maintenance and better quality decks in homes. The residential market is driven by the increase in new and existing housing completions. Also, plastic provides better properties for instance superior aesthetics, quality, durability, and low maintenance cost as compared to traditional decking.
In terms of region, North America is the leading market for plastic decking because of the increase in growth of building and construction followed by Europe. The APAC market is projected to register faster growth in terms of revenue over the next 10 years, owing to increasing demand from construction and infrastructure development industries in the countries in this region. Additionally, increasing investments by public and private manufacturers in the APAC and growing demand from end-use application industries are key factors anticipated to drive the growth of the APAC market in the next few years.
Many of the key manufacturing companies are involved in plastic decking market globally. In 2017, AZEK building products have launched a new product AZEK Deck Designer Tool to assist homeowners and contractors visualize their dream deck designs. They can then see their design in a variety of high-quality 3D environments and receive a list of necessary tools.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Plastic Decking Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Global Plastic Decking Market.
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Scope of the Global Plastic Decking Market
Global Plastic Decking Market, By Resin Type
• High-Density Polyethylene
• Low-Density Polyethylene
• Polyvinyl Chloride
• Polypropylene
• Other
Global Plastic Decking Market, By Composite Type
• Capped Composite Decking
• Uncapped Composite Decking
Global Plastic Decking Market, By Type of Construction
• Repairs and Remodeling
• New Decks on Existing Houses
• New Decks on New Houses
Global Plastic Decking Market, By End-User
• Residential
• Non-Residential
Global Plastic Decking Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key Players operating in Global Plastic Decking Market
• UPM Kymmene Corporation
• Universal Forest Products, Inc.
• Advanced Environmental Recycling Technologies, Inc.
• Fiberon, LLC
• Azek Building Products, Inc.
• Cardinal Building Products
• Certainteed Corporation
• Duralife Decking and Railing Systems
• Green Bay Decking, LLC
• Tamko Building Products, Inc.
• Ecospace
• London Decking Company
• Timbertech
• TREX
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The research report includes specific segments by region (country), by company, by Type and by Application.
This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026.
Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/64750/global-plastic-decking-2021-544Segment by Type, the Plastic Decking market is segmented into:HDPELDPEPPPVCOthers (PS and PET)Segment by Application:ResidentialNon-residentialGlobal Plastic Decking Market: Regional AnalysisThe Plastic Decking market is analysed and market size information is provided by regions (countries).
The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.The key regions covered in the Plastic Decking market report are:North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaU.A.EGlobal Plastic Decking Market: Competitive AnalysisThis section of the report identifies various key manufacturers of the market.
Plastic decking is defined as a broad category of coarse to medium-grained particulate material used in construction.
Market Research Future (MRFR) has published a research report about the global plastic decking market that predicts growth for this market at 11% CAGR (Compound Annual Growth Rate) during the forecast period that would end in 2022.Analyzing the market structure, this report calculates the future growth potential of the market.
It weighs the strategies of the key players in the market and supports the competitive developments like joint ventures, new product developments, mergers and acquisitions, research and developments (R) in the market.The key factor driving the global plastic decking market growth include large scale investments, rapid urbanization, replacement of traditional materials with other composite decking product, and rising construction activities in the emerging economies.The global plastic decking market has been segmented on the basis of composite, end-users, material, and lastly, region.
As per composite-based segmentation, this market has been segmented into capped composite decking and uncapped composite decking.
Uncapped decking is usually the first generation versions of composite decking that are vulnerable to fading, mould, mildew, and staining.
Non-Residential areas are areas where corporate offices, businesses entities are located.
Allied Market Research published an exclusive report, titled, “Plastic Decking Market by Type (High Density Polyethylene, Low Density Polyethylene, Polyvinyl Chloride, Polypropylene, and Others), Composite Type (Capped Composite Decking, and Uncapped Composite Decking) and Application (Residential and Non-Residential) - Global Opportunity Analysis and Industry Forecast, 2021-2028”.
The Plastic Decking Market by Type market report offers an in-depth analysis of every crucial factor that affects the market growth including recent market developments, key market players, and decisive trends.
Leading market players analyzed in the report include Azek Building Products, Inc., Cardinal Building products, Certainteed Corporation, Duralife Decking and Railing systems, Fiberon LLC, Green Bay Decking, Tamco Building products Inc., UPM Kymmene Corporation.
This analysis aids new market entrants and existing manufacturers to prepare for future challenges and take advantage of opportunities to strengthen their market position.
Request For Customization @ https://www.alliedmarketresearch.com/request-for-customization/1968 Major Offering of the Report:Major impacting factors: An in-depth analysis of driving factors, upcoming opportunities, and challenges.Ongoing trends & forecasts: A thorough study in recent market trends, happenings, and forecasts for the next few years to take a strategic, informed decision.Segmental analysis: A detailed analysis of each segment and driving factors coupled with growth rate analysis.Regional analysis: Insights on the market potential across each region to enable market players to leverage market opportunities.Competitive landscape: An in-depth analysis of every key market player active in the Plastic Decking Market by Type market.
Buy Now: https://www.alliedmarketresearch.com/purchase-enquiry/1968 About Us:Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon.
Allied Market Research published a new report, titled, " Plastic Decking Market by Type (High Density Polyethylene, Low Density Polyethylene, Polyvinyl Chloride, Polypropylene, and Others), Composite Type (Capped Composite Decking, and Uncapped Composite Decking) and Application (Residential and Non-Residential) - Global Opportunity Analysis and Industry Forecast, 2020-2027."
The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape.
This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
The report offers key drivers that propel the growth in the global plastic decking market.
Extensive analysis of sales, revenue, growth rate, and market share of each FF and GG for the historic period and the forecast period is offered with the help of tables.
These insights help to devise strategies and create new opportunities to achieve exceptional results.
Plastic decking is defined as a broad category of coarse to medium-grained particulate material used in construction.
Market Research Future (MRFR) has published a research report about the global plastic decking market that predicts growth for this market at 11% CAGR (Compound Annual Growth Rate) during the forecast period that would end in 2022.Analyzing the market structure, this report calculates the future growth potential of the market.
It weighs the strategies of the key players in the market and supports the competitive developments like joint ventures, new product developments, mergers and acquisitions, research and developments (R) in the market.Get Free Sample PDF @ https://www.marketresearchfuture.com/sample_request/1872The key factor driving the global plastic decking market growth include large scale investments, rapid urbanization, replacement of traditional materials with other composite decking product, and rising construction activities in the emerging economies.The global plastic decking market has been segmented on the basis of composite, end-users, material, and lastly, region.
As per composite-based segmentation, this market has been segmented into capped composite decking and uncapped composite decking.
Uncapped decking is usually the first generation versions of composite decking that are vulnerable to fading, mould, mildew, and staining.
Non-Residential areas are areas where corporate offices, businesses entities are located.
