Nonwoven Decking Market | Prominent players - TimberTech, Trex Company, TAMKO Building Products, UPM Biocomposites, Green Bay Decking LLC, Duralife Decking
This report provides an exhaustive account of the industry including:
• Nonwoven Decking market size, historical from 2015 to 2019 and annual forecast from 2020 to 2026
• Major Nonwoven Decking industry trends, technology evolution, economic indicators and business challenges
• Regulatory and geopolitical trends impacting the industry
• Competitive landscape of the industry and detailed profiles on the major companies
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Nonwoven decking commonly known as composite decking will continue to gain market momentum, as demand for innovative materials with low maintenance in building projects remain a high priority across the globe. Nonwoven decking is an elevated flat surface structure in constructing facades made from recycled plastic material. These are best alternatives for wood decking as the materials are eco-friendly in nature and helps to regulate deforestation.
-TAMKO Building Products
-Green Bay Decking LLC
-Duralife Decking and Railing Systems
-Cardinal Building Products
-Azek Building Product
North America held the prominent market share of nonwoven decking in 2019 and is projected exhibit the same trend throughout the forecast period. The escalating demand for affordable and low maintenance construction materials coupled with existence of numerous market leaders are major factor attributing to this growth.
Furthermore, rapid urbanisation and demand for modern construction in countries like China and India will boost the market of nonwoven decking in Asia Pacific. Additionally, the competition to develop breakthrough architectural designs and buildings is rising exponentially in Arab countries, which in turn fuelling the growth of nonwoven decking market in Middle East region.
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By Resin Type
The most common decking available in the market are high density polyethylene, low density polyethylene, polyvinyl chloride and polypropylene. The increasing demand for modern construction and rising global urbanization will flourish the global nonwoven decking market during the forecast period.
Furthermore, the consumer spending in the replacement of traditional decking materials with capped and uncapped nonwoven decking products shall also generate substantial revenue gains to the market during the review period
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