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CAGR 13.0%, U.S. Composite Decking Market to be Worth USD 9,570.62 million by 2028.| Key Players: Trex Company, Inc., Cali Bamboo, LLC, DuraLife Decking & Railing Systems
The composite decking market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 13.0% in the forecast period of 2021 to 2028 and expected to reach USD 9,570.62 million by 2028.U.S. Composite Decking market report has been produced with the systematic gathering of market information for this industry. All this information is supplied in such a way that it properly gives explanation of various facts and figures to the business. The market data provided in the report helps to discover diverse market opportunities present worldwide for this industry. Taking up such market research report is all the time beneficial for any company, whether it is a small scale or large scale, for marketing of products or services. Analytical study of U.S. Composite Decking market survey report helps in mapping growth strategies to increase sales and build brand image in the market.
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Composite decking is human-made products made of recycled wood and plastics materials, which have been used in the flooring of houses and outdoor living spaces. Composite decking is manufacture by making use of both synthetic and natural ingredients. The products do not require any protective layer material to provide smoothness to the surface. The composite decking offers high resistance against water, mold, and insects with no requirement of protective layers. Composite decking has wide application in industries such as building and construction. Composite decking adds reliability and improves the durability and lifespan of the products. Composite decking is used in end-users such as residential and non-residential.
The demand for composite decking is growing with advancements in spacing techniques for composite decking products manufacturing, due to which the demand for composite decking in the U.S. composite decking market is increasing at a higher rate. The major restraint found is the high initial cost of composite decking materials that constraints the composite decking growth. The rise in competition with the easy availability of substitutes is creating a problem for the manufacturers in composite decking manufacturing. So, the manufacturers are focusing on innovative processing techniques to produce innovative products that help cope with the restrain of the U.S. composite decking market.
Rise in demand of composite decking materials especially in residential segments
The composite decking market also provides you with detailed market analysis for every country growth in installed base of different kind of products for composite decking market, impact of technology using life line curves and changes in infant formula regulatory scenarios and their impact on the composite decking market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Composite Decking Market Share Analysis
The composite decking market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company's focus related to the U.S. composite decking market.
Key Market Competitors Covered in the Report
Trex Company, Inc.
Cali Bamboo, LLC
DuraLife Decking & Railing Systems
CERTAINTEED
Cardinal Building Products
Green Bay Decking
Oakio Plastic Wood Building Materials Co., Ltd
UPM
AXION STRUCTURAL INNOVATIONS LLC
Fiberon
TimberTech
EP Decking, Inc.
Deckorators, Inc.
Envision Building Products, LLC
MoistureShield
Read the Full Report Description with Table of Content and Figure @https://www.databridgemarketresearch.com/reports/us-composite-decking-market
This composite decking market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
U.S. composite decking Market Scope and Market Size
The composite decking market is segmented on the basis of the type, resin type, form, distribution channel, application and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the composite decking market is segmented into capped composites and uncapped composites. In 2021, capped composites are dominating the market as composite decking products withstand high variation in temperature with low maintenance and longer durability.
On the basis of resin type, the composite decking market is segmented into plastic and wood. In 2021, plastic is dominating as materials are durable and are easy to be moulded into any desired shape and sizes.
On the basis of form, the composite decking market is segmented into tiles, board and others. In 2021, tiles is dominating with rise in income level and customer demand for innovative houses and building of individuals in the region.
On the basis of distribution channel, the composite decking market is segmented into direct and indirect. In 2021, direct is dominating as direct reduces the cost associated with the distributors and also help manufacturers in getting more information regarding the product preference of the customers.
On the basis of application, the composite decking market is segmented into repairs and remodeling, new decks on existing houses, new decks on new houses and others. In 2021, repairs and remodeling is dominating with rise in awareness about the easy repair and remodeling of composite decking products among the population of the country.
On the basis of end-user, the composite decking market is segmented residential, non-residential and others. In 2021, in US, residential is dominating because of the rise in urbanization in the region with rise in demand of low maintenance decking materials
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