Press release
Global Plastic Fencing Market Leading Players Analysis, Market trend and Forecast Up To 2024
Asia Pacific Plastic Fencing Market was worth over USD 600 Million in 2016. Increasing consumer spending on safety products along with overall growth in income levels will propel industry demand. Favourable socio-economic factors along with abundant availability of raw material has stimulated the regional demand.Global Plastic Fencing Market size is estimated to exceed USD 6 Billion by 2024; according to a new research report by Global Market Insights, Inc. Increasing construction spending in residential as well as commercial infrastructure will propel plastic fencing market size. As per analysis, global residential construction spending is expected to surpass USD 4.5 Trillion by 2024. Rising need for security particularly for residential buildings due to increasing crime rate will drive industry growth.
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Changing lifestyles and rapid urbanization remains key factors supporting the industry demand. Increasing preference towards private buildings due to shifting trend towards nuclear families will positively influence product demand. Growth in renovation and remodelling projects coupled with increasing government investments in public infrastructure will propel business growth.
Shifting consumer preference towards sustainable and eco-friendly products will drive plastic fencing market growth. High durability, minimal maintenance, improved safety along with cost efficiency are among key properties fuelling product penetration. Technological advancements and product innovations including composite materials has enhanced industry demand.
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Vinyl is expected to witness growth over 6% up to 2024. Increasing consumer awareness regarding benefits of vinyl over other fence material including high strength, resistance against harsh climatic conditions along with cost efficiency has enhanced product demand. Growth in new construction projects along with residential renovations will propel industry size. Increasing government investments in public infrastructure to provide security and safety will further drive plastic fencing market share.
Superior resistance from corrosion, pests and decay along with excellent weather stability properties will stimulate industry growth. Maintenance free properties in extreme climatic conditions accompanied by enhanced protection from rotting as compared to wood will drive plastic fencing demand. However, larger consumer base for metal and wood fence due to its traditional and classic look representing urban lifestyles may restrain the industry growth.
Some of major chapters from Table of Contents:
Chapter 2. Executive Summary
2.1. Plastic fencing industry 3600 synopsis, 2013 –2024
2.1.1. Business trends
2.1.2. Material trends
2.1.3. Product trends
2.1.4. Application trends
2.1.5. End-use trends
2.1.6. Regional trends
Browse Complete Table of Contents @
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Chapter 3. Plastic Fencing Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Profit margin trends
3.3.3. Vendor matrix
3.3.3.1. Role
3.3.3.2. Product portfolio
3.3.3.3. Global presence
3.4. Technology landscape
3.5. Raw material trends
3.6. Industry best practices & key buying criteria
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. Europe
3.7.3. Australia
3.7.4. China
3.8. Pricing analysis
3.8.1. Regional pricing
3.8.1.1. North America
3.8.1.2. Europe
3.8.1.3. Asia Pacific
3.8.1.4. Latin America
3.8.1.5. MEA
3.8.2. Cost structure analysis
3.9. Industry impact forces
3.9.1. Growth drivers, by region
3.9.1.1. North America
3.9.1.2. Europe
3.9.1.3. Asia Pacific
3.9.1.4. Latin America
3.9.1.5. MEA
3.9.2. Industry pitfalls & challenges
3.10. Global fencing market overview (Parent market outlook)
3.10.1. Trends
3.10.2. Consumer requirements
3.10.3. Global fencing market estimates & forecast, 2016-2024
3.11. Comparative analysis on wood vs metal vs plastic fencing
3.12. Innovation & sustainability
3.13. Growth potential analysis
3.14. Competitive landscape, 2016
3.14.1. Market share analysis
3.14.2. Key stakeholders
3.14.3. Strategy dashboard
3.15. Porter's analysis
3.16. PESTEL analysis
Tenax Corporation, CertainTeed, Durafence, Pexco, Vega, Associated Materials and Wetherables are among major industry players in plastic fencing market. Global industry share is highly fragmented owing to presence of large number of local as well as international participants. Moreover, growing competition between new entrants and existing players has enhanced product innovations and portfolio expansion.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/plastic-fencing-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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