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North America Fencing Market 2021 Growth, COVID Impact, Trends Analysis Report 2027

07-13-2021 12:48 PM CET | Industry, Real Estate & Construction

Press release from: Orion Market Research

North America Fencing Market 2021 Growth, COVID Impact, Trends

North America fencing is estimated to display a rapid CAGR of 7.0% during the forecast period (2021-2027). The demand for fencing is driven by the overall economic growth in the region, particularly in the US. The stable growth in the US is expected to spur industrial activities, which, in turn, will drive the requirement for fencing in all material types. Economic growth may result in higher industrial activities and increased construction of industries, all of which would generate higher product sales for fencing. However, the economic growth of the country declined in Q1 2020, which had a huge impact on the manufacturing and industrial sectors.

To Request a Sample of our Report on North America Fencing Market: https://www.omrglobal.com/request-sample/north-american-fencing-market

In 2020, the GDP in the US was worth around $21 trillion, which represents 17.50% of the world economy. However, industrial production has slumped by 15% in Q1 2020, leading to a decline in industrial activities. The investments and new industrial factories and production sites are expected to remain stable during 2020?2021 due to the country’s financial position. Therefore, new industrial developments are expected to slow down, having a direct impact on the fencing market in the US. Private non-residential construction has witnessed high growth in the construction industry in 2019. Among the largest private non-residential segments, manufacturing and industrial construction have increased by 3.70%. Steel-based fencing has prominent demand in the US market. The steel production in the US has increased by 1.60% in 2019, which is 88 million metric tons of production from 86.60 million metric tons of production in 2018. The overall capacity utilization in 2019 averaged 79.30%, up from 2018, having an annual average of 78.90%. This number had a slight decline in 2020 due to the COVID-19 pandemic, and the market is expected to revive in 2022. PVC fabric fencing is gaining high traction due to the versatile properties of the material. It is widely used in industrial units such as residential due to its higher flexibility, minimum maintenance, and appealing aesthetics.

Market Coverage
• Market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- by Material, Distribution, End-use
• Countries Covered- US and Canada

(Get 15% Discount on Buying this Report)
A full Report of North America Fencing Market is Available at: https://www.omrglobal.com/industry-reports/north-american-fencing-market

North America Fencing Market Report Segment

By Material
• Concrete
• Metal
• Plastic
• Wood

By Distribution
• Offline
• Online

By Distribution
• Agricultural
• Energy and Power
• Government
• Military and Defense
• Mining
• Petroleum and Chemicals
• Residential
• Warehouse

North America Fencing Market Report Segment
• US
• Canada

Company Profiles
• AFTEC, LLC
• Ameristar Perimeter Security
• Associated Materials, LLC
• BARRETTE
• Betafence
• Cascade Fence & Deck, LLC
• CERTAINTEED (Saint Gobain Company)
• Fiberon
• Gregory Industries, Inc.
• GSM
• Jerith Manufacturing
• Long Fence
• Ply Gem Residential Solutions
• Poly Vinyl Creations
• Specialized Storage Solutions
• Specrail
• Titangateandfence

Reasons for Buying from us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/north-american-fencing-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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