The key drivers for the growth of the Plastic Decking Market are rapid urbanization, rising construction activities in the emerging nations, replacement of traditional materials with other composite decking product and large scale investments. Plastic decking is widely used in residential and non-residential buildings. Residential buildings by end use contributes largely to the market. North-America contributes highest to the market, majorly due to increasing demand for low maintenance building products.
Market Research Analysis:
The market is highly application based. Residential buildings globally drive the market due rapid urbanization and changing lifestyles. The market is expected to have higher growth rate as compared to the previous years. On the basis of composite, Capped composite accounted for the largest market share. North-America is the largest region for the plastic decking market, followed by Asia-Pacific. The main reason for the growth in the region includes increasing demand for low maintenance building products, rising consumer spending and urbanizational Plastic Decking Market size was valued at around USD 2 Billion in 2015 and is expected to cross USD 5 Billion at CAGR of approximately 11% by 2022.
The key players of the Global Plastic Decking Market include- UPM Kymmene Corporation, Universal Forest Products, Inc., Advanced Environmental Recycling Technologies, Inc., Azek Building Products, Inc, Fiberon LLC, Cardinal Building Products, TAMKO Building Products, Inc., CertainTeed Corporation, Green Bay Decking, LLC and DuraLife Decking & Railing Systems.
Scope of the Report:
This study provides an overview of the Global Plastic Decking Market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global plastic decking market as material, composite end-use. On the basis of material it is segmented as PP, HDPE, LDPE, PVC and others. On the basis of composite it is segmented as capped and uncapped. On the basis of end-use it is widely used in residential and non-residential buildings.
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Key Points from Table of Contents:
11. Company Profiles
11.1 UPM Kymmene Corporation
11.1.3 Product Portfolio
11.1.4 Business Strategies
11.1.5 Recent Development
11.2 Universal Forest Products, Inc.
11.2.3 Product Portfolio
11.2.4 Business Strategies
11.2.5 Recent Development
11.3 Advanced Environmental Recycling Technologies, Inc.
11.3.3 Product Portfolio
11.3.4 Business Strategies
11.3.5 Recent Development
11.4 Azek Building Products Inc
11.4.3 Product Portfolio
11.4.4 Business Strategies
11.4.5 Recent Development
11.5 Fiberon LLC
11.5.3 Product Portfolio
11.5.4 Business Strategies
11.5.5 Recent Development
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