Wooden Decking Market To Reach USD 8.34 Billion By 2026 | Universal Forests Products, Weyerhaeuser, West Fraser Timber, Intefor Co., James Latham Plc, etc.

The Wooden Decking market intelligence report on the industry offers the readers an extensive assessment of the sector, along with the potential growth of the same to be expected in the coming years. In the study, 2016 and 2017 have been referred to for determining the past performance, while 2018 has been assumed as the base year to predict the trajectory of the progress of the industry during the forecast years from 2019 to 2026.

According to the current analysis of Reports and Data, the global Wooden Decking market was valued at USD 7.53 Billion in 2018 and is expected to reach USD 8.34 Billion by year 2026, at a CAGR of 1.9 %. This report covers the genre of building materials with specific focus on wooden decking. A deck is a flat surface capable of supporting weight, similar to a floor, but typically constructed outdoors.

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Wooden decks, as the name suggests, are decks made purely of wood. These decks are usually used for residential and non-residential interiors and constructions. The wooden decks are of several types such as, redwood, cedar, pressure treated lumber etc.

Leading Players in the Wooden Decking Market:
Universal Forests Products, Weyerhaeuser, West Fraser Timber, Intefor Co., James Latham Plc and Mendocino Redwood Company. Intefor Co., and Others.

The Wooden Decking Industry is extremely competitive and consolidated because of the existence of several established companies that are adopting different marketing strategies in order to increase their market share.

For the purpose of this report, Reports and Data has segmented the Wooden Decking market on the basis of type, application, end use, and region:

Type (Revenue, USD Million; 2016-2026)
Redwood Decking
Cedar Decking
Pressure treated Decking
Others:
Mahogany
IPE (Brazilian Walnut)
Teak
Camaru

Application (Revenue, USD Million; 2016-2026)
Residential
Building Constructions
Infrastructures

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End Use (Revenue, USD Million; 2016-2026)
Residential
Non-residential:
Commercial
Patios
Docks
Hotels

Regional Outlook (Revenue in USD Million; 2016-2026)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

Further key findings from the report suggest
1. Among the components, the glass segment accounts for the largest market share of ~40% in the year 2018. Major portion of the windows is made of glass. These glasses provide reduction in heat, which keeps the interior warmer. The most energy-efficient type of glazing for glass is double low emissivity (Low-E) glass. This generally comes with an invisible coating of metal oxide, usually on one of the internal panes.
2. The double glazing segment account for the largest market share of ~44% in the year 2018, owing to its lower cost, efficiency, and noise reduction properties. The triple segment is anticipated to witness the highest CAGR of 9.1% during the forecast period, attributed to their better thermal transmittance, which allows lower rate of heat transfer.
3. The European region held the largest market share of ~30% in the year 2018, owing to the substantial investments in the research and development of advanced technologies in the residential sector. Moreover, the region has developed numerous stringent acts and regulations in favor of efficient and lower consumption of energy.

Major selling points of this research report

-Gives the reader a holistic comprehension of the global market.
-Identifies the recent trends and estimated growth rate for the forecast duration.
-Helps industry experts, investors, and other participants implement lucrative expansion approaches.
-Provides accurate market insights to take informed decisions through presentations and other tools
-Outlines the competitive landscapes with the individual market share of top vendors.

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