Press release
Plastic Decking Market Projected to Reach USD 10.40 Bn by 2029. The Market valued at USD 5.18 Bn in 2022 with a CAGR of 10.47 Percent during the forecast period
Plastic Decking Market Report Scope and Research Methodology:This report provides an in-depth analysis of the market dynamics, including the impact of the COVID-19 pandemic on market revenue. It covers short-term and long-term market implications, aiding decision-makers in formulating strategies by region. The report encompasses a comprehensive assessment of market drivers, restraints, and regional insights.
This market research report employs a thorough research methodology to provide a comprehensive analysis of the global plastic decking market. It includes thoughtful insights, historical data, industry-validated market data, and projections based on a suitable set of assumptions and methodology. The report utilizes various analytical tools such as PEST analysis, PORTER's analysis, and SWOT analysis to address key questions and assist shareholders in prioritizing efforts and investments. The competitive landscape is analyzed, focusing on key players' product portfolios, financial positions, growth strategies, and regional presence.
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Plastic Decking Market Dynamics:
The growing demand for plastic decking across residential and non-residential sectors is a major driver of market growth. Plastic decking offers various properties such as resistance to humidity and moisture, which supports its adoption across different industries. The residential sector, in particular, has witnessed extensive use of plastic decking due to changing lifestyles and a preference for low-maintenance and high-quality decks. However, the market is restrained by factors such as the availability of substitutes and fluctuations in raw material prices.
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Plastic Decking Market Regional Insights:
North America currently leads the plastic decking market, driven by the growth of the building and construction sector. Europe follows closely behind. The Asia Pacific (APAC) region is expected to experience rapid growth, with increasing demand from the construction and infrastructure development industries. The APAC market is characterized by investments from both public and private manufacturers and rising end-use application industries.
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Plastic Decking Market Segmentation
By Resin Type:
• High-Density Polyethylene
• Low-Density Polyethylene
• Polyvinyl Chloride
• Polypropylene
• Other
By Composite Type:
• Capped Composite Decking
• Uncapped Composite Decking
By Type of Construction:
• Repairs and Remodeling
• New Decks on Existing Houses
• New Decks on New Houses
By End-User:
• Residential
•Non-Residential
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Plastic Decking Market Key Competitors include:
• UPM Kymmene Corporation
• Universal Forest Products, Inc.
• Advanced Environmental Recycling Technologies, Inc.
• Fiberon, LLC
• Azek Building Products, Inc.
• Cardinal Building Products
• Certainteed Corporation
• Duralife Decking and Railing Systems
• Green Bay Decking, LLC
• Tamko Building Products, Inc.
• Ecospace
• London Decking Company
• Timbertech
• TREX
• Changxing Hanming Technology Co., LTD
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Table of Content for Plastic Decking Market
Global Plastic Decking Market: Research Methodology
Global Plastic Decking Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Plastic Decking Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Plastic Decking Market Segmentation
Global Market, by Resin Type (2021-2029)
Global Market, by Composite Type (2021-2029)
Global Market, by Type of Construction (2021-2029)
Global Market, by End-User (2021-2029)
Regional Plastic Decking Market (2021-2029)
Regional Market, by Resin Type (2021-2029)
Regional Market, by Composite Type (2021-2029)
Regional Market, by Type of Construction (2021-2029)
Regional Market, by End-User (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Resin Type, Composite Type, Type of Construction and End-User
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Material Description
1Material composition40% PE+ 50% High quality wood flour + 10% Colorant formula.
2Material characteristicsSmooth surface, durable.
Product Advantages
1Green and environmental protection.
2Waterproof and flame retardant.
3Quick installation.
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Image: https://www.abnewswire.com/uploads/c5034e630a26dcc0d3849ba8ec07249c.png
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