Plastic Decking Market Size is Estimated To Surpass USD 11.90 Billion, Expanding at a CAGR of 11.0% By 2030 | Reports and Data

According to the current analysis of Reports and Data, the global plastic decking market was valued at USD 4.71 Billion in 2021 and is expected to reach USD 11.90 Billion by year 2030, at a CAGR of 11.0%. The study covers various features and types of plastic decking. Plastic decking is an elevated flat surface construction used in building facades made from recycled plastic material. It is highly resistant and requires low maintenance to enhance the aesthetic value and quality of the deck. Further, these materials are also resistant to moisture and humidity, which increase its demand in construction sector. The global plastic decking is propelled by number of factors such as changing lifestyle, replacement to usage of traditional materials in decking, rapid urbanization and industrialization. However, continuous fluctuations in the prices of raw materials, high costs, easy availability of easy substitutes are major hindrance to the global plastic decking market.

Key players in the global plastic decking market include Duralife Decking and Railing systems, Trex Company Inc, Fiberon LLC, Green Bay Decking, Tamco Building products Inc., UPM Kymmene Corporation and Universal Forests Products, Inc, Advanced Environmental Recycling Technologies Inc., Azek Building Products Inc., Cardinal Building products, Certainteed Corporation

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Further key findings from the report suggest

Plastic decking is really tough, rigid, moisture resistant and is available in various kinds of patterns, designs for easy personalization
Further, plastic decking can be used anywhere outdoors. The installation process is fast and easy with the click system and few technical skills. The planks are only plugged into each other and thus form a stable surface
Most of the plastic decking manufacturers provide with lifetime warranties that cover your basic wear and tear. Usually, plastic decking companies provide a minimum 30-year limited warranty for staining and fading
Unfortunately, plastic decking might expand and contract in certain climates, loosening joints and making decks unstable. Under hot summers, they grow uncomfortably hot to walk on with barefoot.
On the basis of type, High density Polyethylene (HDP) and Low-density Polyethylene (LDP) have the maximum share in the global plastic decking market. HDPE is sturdy and stiff which is primarily used in residential sector whereas LDPE comprises of strength additives useful for manufacturing decking products. HDPE and LDPE collectively hold 66.6% of the total market share in the global plastic decking market.
North America is the largest consumer of plastic deck owing to its rapid growth of construction and infrastructural development. North accounts for 42.7% of the total market share in plastic decking market. Asia Pacific region is anticipated to be fastest growing region due to its increasing demand from construction and infrastructural development. It holds of the total market share in the global decking market.

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Resin Type Outlook (Revenue, USD Billion; 2019-2030)

Polyvinyl Chloride
High-density polyethylene
Low-density polyethylene
Polyethylene

Composite Type Outlook (Revenue, USD Billion; 2019-2030)

Capped
Uncapped

Construction Type Outlook (Revenue, USD Billion; 2019-2030)

Repairs and remodeling
New decks

End-use Outlook (Revenue, USD Billion; 2019-2030)

Residential
Non-residential

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Significant Features that are under Offering and Key Highlights of the Reports:

- Detailed overview of the Plastic Decking Market

- Changes in industry market dynamics

- Detailed market segmentation by type, application, etc.

- Historical, current and projected market size in terms of quantity and value

- Recent industry trends and developments

- Competition situation of Plastic Decking Market

- Key companies and product strategies

- Potential niche segment/region showing promising growth.

Finally, the Plastic Decking Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.

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