Title: Plastic Decking Market 2021
1Plastic Decking Market Expected to reach 4.69
Billion USD by 2021
2- The report "Plastic Decking Market by Resin Type
(HDPE, LDPE, PVC, PP), Composite Type (Capped,
Uncapped), Type of Construction (Repairs
Remodeling, New Decks (Existing Constructions,
New Constructions)), End-Use (Residential,
Non-Residential) - Global Forecast to 2021", The
plastic decking market size is estimated to grow
from USD 2.55 Billion in 2015 to USD 4.69 Billion
by 2021, at a CAGR of 10.82. The plastic decking
market is projected to witness significant growth
in the next few years with the increasing demand
for new constructions all over the world due to
rapid urbanization and industrialization with
large-scale investments in industrial and
infrastructure sectors, rising construction
activities in emerging economies, and development
of innovative products in the decking market are
some of the factors driving the growth of the
plastic decking market.
3- Browse 190 market data Tables and 45 Figures
spread through 204 Pages and in-depth TOC
on "Plastic Decking Market by Resin Type (HDPE,
LDPE, PVC, PP), Composite Type (Capped,
Uncapped), Type of Construction (Repairs
Remodeling, New Decks (Existing Constructions,
New Constructions)), End-Use (Residential,
Non-Residential) - Global Forecast to 2021" - https//www.marketsandmarkets.com/Market-Reports/p
lastic-decking-market-111068590.html - Early buyers will receive 10 customization on
this report.
4Capped composite decking will drive the growth of
the plastic decking market The major factor
driving the plastic decking market is the
replacement of traditional materials with capped
composite decking products. The capped composite
segment accounted for the largest market share in
the plastic decking market as these products
offer superior properties including resistance to
rotting, color fading, and mold mildew growth
formation. Capped composites have a resin
protective layer attached to the wooden core.
This protective resin layer helps in preventing
rotting, splintering, and mildew mold growth
formation. Residential buildings to gain maximum
traction during the forecast period The
residential buildings segment dominated the
market in 2015 and is projected to be the
fastest-growing end-user sector in the next five
years, as a result of the rising urbanization and
changing lifestyle inclined toward
low-maintenance and better quality decks in
homes. The residential market is driven by the
rise in new and existing housing completions.
Furthermore, plastic provides better properties
such as superior aesthetics, quality, durability,
and low maintenance cost as compared to
traditional decking. The development of capped
composite decking, which is superior in quality
than uncapped decking, is expected to drive the
growth of the residential plastic decking market.
5North American plastic decking market
constitutes the largest market share. The U.S.
contributes a major market share in the global as
well as North American plastic decking market.
The recovery of the U.S. residential market by
2010 after the 2008 recession, and the increasing
demand of low maintenance building products are
some of the factors driving the plastic decking
market in North America. The plastic decking
market in this region is growing rapidly due to
the presence of numerous leading players in the
region. The major players in the plastic decking
market includes UPM Kymmene Corporation
(Finland), Universal Forest Products, Inc.
(U.S.), Advanced Environmental Recycling
Technologies, Inc. (U.S.), Azek Building
Products, Inc. (U.S.), Fiberon LLC (U.S.),
Cardinal Building Products (U.S.), TAMKO Building
Products, Inc. (U.S.), CertainTeed Corporation
(U.S.), Green Bay Decking, LLC (U.S.), and
DuraLife Decking Railing Systems (U.S.). Dont
miss out on business opportunities in Plastic
Decking Market. Speak to our analyst and gain
crucial industry insights that will help your
business grow. https//www.marketsandmarkets.com/s
peaktoanalyst.asp?id111068590
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