Global wooden decking market will multiply at impressive CAGR by 2021 & Top Key Players are UPM-Kymmene Corporation (Finland), Weyerhaeuser Company (U.S.), West Fraser Timber Co. Ltd. (Canada) and Universal Forest Products, Inc. (U.S.)

Global wooden decking market is mainly dominated by pressure-treated wood which can withstand moist and icy weather conditions, is durable, and long- lasting. While regionally, Asia-Pacific region is expected to witness a surge in growth during the next decade driven by rising construction activities in emerging economies and large-scale investments.The growth in the global wooden decking market can mainly be attributed to rapidly improving construction activities. The escalating demand for new constructions all over the world the demand is forecasted to grow at a tremendous rate. Rapid urbanization and industrialization along with large-scale investments in industrial and infrastructure sectors in emerging economies are driving the growth further. The features offered by wooden decks like resistance to splinter & rot, stability, durability, sustainability, and radiant looks are useful in application areas like docks, marinas, pool areas, patios, hotels, and resorts. The steady growth in the construction industry and improving financial conditions in this sector has led to the increase in demand for wooden decks.
Request For Free Sample @ https://www.kennethresearch.com/sample-request-10065282
End-user/Technology
Wooden decking manufacturers
Raw material producers and suppliers
Wooden decking distributors and traders
Government and R&D institutions
Market research and consulting firms
Associations and industry bodies
Market Dynamics
The U.S. contributes a major share in the global as well as North American wooden decking market. The recovery of the U.S. residential market by 2010 after the 2007 recession period along with increasing demand for low maintenance building products had been the driving factorssurging the growth. Also, the numerous leading players in this region had made the entry in this market estimated to touch USD XX Billion by 2021.
Market Segmentation
The wooden decking market can be segmented across different sub-markets based on such as end-use sector, type, application, type of construction, and region.
By Type:
Pressure treated wood
Redwood
Cedar
Others (tropical hardwood, tigerwood, mahogany, teak, and ipe)
By Application:
Building materials
Rails & infrastructure
By Type of Construction:
Repairs & Remodeling
New decks on new constructions
New decks on existing constructions
By End-Use Sector:
Residential
Non-residential
By Region:
North America
Europe
Asia-Pacific
RoW
Regional/Geographic Analysis
Currently, North America is the largest consumer market of wooden decks. The U.S., Germany, and China are also among the key markets of wooden decks. There is also huge forecast in terms of growth in the Asia-Pacific region.
Buy Now @ https://www.kennethresearch.com/report-purchase-id-10065282
Opportunities
The Global Wooden Decking Market is estimated to grow at a CAGR of around XX over the next few years to reach approximately $XX billion by 2025. Hence tremendous opportunities for business expansion and realization of gains lies here.
Key Players
Some of the major players in the market include UPM-Kymmene Corporation (Finland), Weyerhaeuser Company (U.S.), West Fraser Timber Co. Ltd. (Canada), Universal Forest Products, Inc. (U.S.), Mets Group (Finland), Setra Group (Sweden), James Latham plc (U.K.), Cox Industries Inc. (U.S.), Humboldt Redwood Company and Mendocino Redwood Company (U.S.), and Vetedy Group (U.S.)
Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

Read More @ https://www.kennethresearch.com/report-details/global-wooden-decking-market/10065282

About Kenneth Research:
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Name: David
Email : Sales@kennethresearch.com
Phone: +1 313 462 0609

This release was published on openPR.