Plastic Decking Market Size, Share, Sales, Analysis, Forecast By Product (HDPE, LDPE, PP, PVC, PS, PET), By End-user (Residential, Non-residential), By Geography, Industry Competition & Player Profiles, 2022-2032
The global plastic decking market is anticipated to propel at a CAGR of 9.0% during the forecast period fueled by increased adoption owing to excellent shock absorbing, resistance to splintering, rotting and resistant to thermal expansion and contraction properties offered by plastic decks. North America and Europe are anticipated to be the major demand market during coming years.
The construction of commercial complexes has witnessed prominent growth over last decade and is anticipated to grow steadily in coming years. This is anticipated to offer prominent opportunities to plastic deck manufactures in coming years. North America dominated the global plastic decking market in 2018 and is anticipated to be the leading geography throughout the forecast period owing to rising demand for recycled and low maintenance construction materials and products. Regulations and Policies governing the use of recycled plastic across the European Union is anticipated to compliment the growth of plastic decking market over coming years.
Major players operating in the global plastic decking market include Advanced Environmental Recycling Technologies, Inc., 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., and Universal Forests Products, Inc.
The report titled “Plastic Decking Market - Global Market Share, Trends, Analysis and Forecasts, 2022-2032”, wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global plastic decking market. Furthermore, the report would reflect on the key developments, global & regional sales network, business strategies, security & exchange overview, research & development activities, production facilities, product portfolio, employee strength, and key executive, for all the players considered under the scope of study.
The plastic decking market study is segmented based on material type, composite type, construction type, end use, and geography. Based on material type the market is segmented into high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyvinyl chloride (PVC), polypropylene, and others. Based on composite type, the global plastic decking market is segmented into capped composite decking, and uncapped composite decking.
Based on construction type, the market is segmented into new construction, and existing construction. The existing construction is further segmented into new plastic decks, and repaired & remolded plastic decks. Based on end use, the global plastic decking market is segmented into residential, commercial and industrial. Based on geography, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Additionally, the study provides in-depth analysis of individual company considered under the scope of study with a focus on all operating business segment, and would identify the segment of the company focusing on plastic decking products. Further, market share of company in the global plastic decking market would also be calculated. The report study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the plastic decking companies. Furthermore, the global plastic decking market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the plastic decking market business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global plastic decking marketplace.