Plastic Decking Market was valued at US$ 4.69 Bn in 2021 and is expected to reach US$ 8.52 Bn by 2027, at a CAGR of 10.47% during a forecast period.
Plastic Decking Market Forecast by 2029, Latest Drivers, and Key Companies.
The market size for Plastic Decking Market is estimated in this report using 2021 as the base year and the forecast period of 2022 to 2029. This analysis forecasts that, compared to 2021, the Plastic Decking Market would increase by 2029. The Plastic Decking Market will experience an increase in CAGR in terms of revenue over the following seven years.
The overall global market for Plastic Decking Market was valued at US$ 4.69 Bn in 2021 and is expected to reach US$ 8.52 Bn by 2027, at a CAGR of 10.47% during a forecast period.
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Market Overview:
The research provides an introduction to major vendors, top regions, product kinds, and end industries, as well as a basic description of the Plastic Decking Market share and competitor segment. This study examines the Plastic Decking Market's historical trends, growth, revenue, capacity, cost structure, and major drivers. The paper also looks into and evaluates the current state of the ever-changing business sector, as well as the current and prospective implications of COVID-19 on the market for Plastic Decking Market.
Market Segmentation:
On the basis of end user, residential buildings segment dominated the market in 2021, 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.
Market Scope:
The Maximize Market research report on Plastic Decking Market Size Analysis includes a complete evaluation of the major market dynamics, as well as market size and analysis for applications, economic factors, and geographical segments. The research also includes an in-depth analysis of the regional landscape, as well as data on opportunities, key growth indicators, regional difficulties, and threats in the Plastic Decking Market. The report also covers prominent firms active in the market, in addition to providing readers with an overall picture of the competitive environment.
COVID-19 Impact Assessment:
Influences on the market are growing, and studies, such as this COVID-19 epidemic scenario, are factored into the research study. The COVID-19 pandemic had a big influence on the Herbal Medicinal Products commercial enterprise organization's shipping chain, demand, attributes, and elegant dynamics, according to the research. He also thinks that the market would likely grow after COVID-19. This crucial information will aid market participants in anticipating a massive pandemic during the forecast period of 2022-2029.
Competitive Landscape:-
The study examines the current size of the Plastic Decking Market and its growth rates over the last five years, as well as the company profiles of major players and manufacturers:
Key Players:
• 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
• Changxing Hanming Technology Co., LTD
From 2021 through 2029, the report gives a complete analysis and dependable revenue data for the player. It also contains a detailed analysis for the years 2021-2029, based on precise revenue (global and regional) data. The following information is provided: company description, main business, total income and sales, revenue earned in Plastic Decking Market, date of introduction into the Plastic Decking Market, product launch, recent advances, and other information.
Regional Landscape:-
The report examines regional consumer and technology trends, as well as the most recent market dynamics. These include:
The research provides data-driven insights and suggestions on a variety of topics. Some of the more significant questions are as follows:
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Maximize Market Research provides B2B and B2C research on 12,500 high-growth emerging opportunities & technologies as well as threats to companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages
Nov 29, 2022