Plastic Decking Market is Expected to Grow at High CAGR During 2027

  • Published Month : Thursday, 25 Mar 2021 07:00 pm

The global plastic decking market is segmented on the basis of material, composite type, and end-user. On the basis of material the market is segmented as high-density polyethylene (HDPE), low-density polyethylene (LDPE), polypropylene (PP), polyvinyl chloride (PVC), others.

Decking is the flat surface construction which capable of supporting weight, similar to the floor. Replacement of traditional material with composite also boosting the need for the plastic decking market. Increasing urbanization used plastic decking to enhance the aesthetic value of building and construction that also propel the growth of the plastic decking market. Advanced material such as HDPE, LDPE has excellent durability; also, plastic has exceptional elasticity and flexibility owing to this factor adoption of plastic decking increasing that drives the growth of the market.

The global Plastic Decking Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Plastic Decking players and offers key trends and opportunities in the market.

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Top Dominating Key Players:

1. Advanced Environmental Recycling Technologies, Inc.
2. Azek Building Products, Inc.
3. Cardinal Building Products
4. CertainTeed Corporation
5. Duralife Decking and Railing Systems
6. Fiberon LLC
7. Green Bay Decking
8. TAMKO Building Products LLC
9. Universal Forests Products, Inc.
10. UPM Kymmene Corporation

Plastic decking is used owing to its benefits such as low maintenance, cost-effectiveness, restraint to moisture, and humidity. Additionally, excellent protection against ultraviolet radiation and oxidation. Theses factor rising demand for the plastic decking market. The latest trends in market and advancement in composite decking also fuel the growth of the plastic decking market. However, the performance of the plastic decking in hot climatic condition, cause loose joints and color change that restraint the growth of the market. Rapid urbanization and rising construction in the emerging nation such as India, China, Japan, and among others are expected to drive the growth of the plastic decking market.

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Plastic Decking Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Plastic Decking Market segments and regions.

Scope of the study:

The research on the Plastic Decking Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Plastic Decking Market on the basis of end user, product type, application, and demography for the forecast period 2020 - 2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

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Reasons to Buy the Report:

  • Learn about the driving factors, affecting the market growth.
  • Imbibe the advancements and progress in the market during the forecast period.
  • Understand where the market opportunities lies.
  • Compare and evaluate various options affecting the market.
  • Pick up on the leading market players within the market.
  • Envision the restrictions and restrains that are likely to hamper the market.

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