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Know How Plastic Fencing Market is Thriving Worldwide? Key Players - Tenax Corporation, CertainTeed, Durafence, Pexco, Vega, Associated Materials and Wetherables.
Plastic Fencing Market
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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.
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 market 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.
Temporary fencing is anticipated to depict CAGR over 5.5% up to 2024. Rising demand for temporary barriers in construction and industrial projects will support industry demand. Strong outlook in military facilities, airfields, wildlife parks, aquatic centres and industrial plants has enhanced product penetration. Heavy R&D investments and product innovations including reflective temporary barriers will propel plastic fencing market size.
Agriculture sector in plastic fencing market is expected to generate more than 100 million linear feet by 2024. Enhanced safety & protection of farms and livestock are among key factors driving the industry growth. Increasing product usage in agri-horticulture farms, aqua farms, and animal research stations will support product demand. Inclination towards vinyl and HDPE fence material due to its superior properties over conventional metal and wood material will fuel business growth.
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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 plastic fencing market regional demand.
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.
Partial Chapter of the Table of Content
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
Chapter 3. Plastic Fencing Industry Insights
3.1. Plastic Fencing Industry segmentation
3.2. Plastic Fencing 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
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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
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