Composite Decks and Railings Market is Forecasted to Reach US$ 4.27 billion in 2026, Says Stratview Research

The global composite decks and railings market is projected to witness a growth rate of 5.4% annually from 2021 to 2026, with an anticipated size of US$ 4.27 billion by 2026, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global composite decks and railings market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
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Report Highlights:
Market Size in 2026: US$ 4.27 billion
Growth (CAGR): 5.4% during 2021-2026
Forecast Period: 2021-2026
Trend Period: 2015-2019
Base Year: 2020
Number of Segments Covered: 7
Number of Tables & Graphs: 100+

Segment Insights on the Composite Decks and Railings Market:
The global composite decks and railings market is segmented based on product type, decking type, resin type, application type, sales to end-user type, sales to manufacturer type, and region.

Based on product type - The composite decks and railings market is segmented into six types, namely Product Type, Decking Type, Resin Type, Application Type, Sales Type, and Region. Based on the product type, the market is segmented as Decks and Railings. Deck is expected to grow at a higher rate in the market during the forecast period since the decking products deliver various advantages, such as resistance to insects and molds and low maintenance costs. Furthermore, as decking products are fade-resistant and offer stain resistance, it becomes convenient to clean them, and also they have high color retention.

Based on the decking type - The market is segmented into capped composites and uncapped composites. Capped Composites are expected to grow at a higher pace in the market during the forecast period owing to their characteristics, such as confrontation to breakage, decomposing, development of mold & mildew, and color diminishing. Capped composites also deliver ultra-low maintenance costs and premium aesthetics against natural wood decking and railing products. They are extensively employed in residential and non-residential applications, owing to their physical properties.

Based on the resin type - The market is segmented as polyethylene, polypropylene, polyvinyl chloride, and others. The polyethylene segment accounts for the largest market share of the composite decking and railings market. Polyethylene resin has elevated strength and sturdiness, which is suitable for residential applications, necessitating a joist 16 inches on center. Polypropylene is estimated to be the fastest-growing resin type during the forecast period. They confront thermal expansion & contraction, enabling them to be suitable in the manufacturing of composite decking & railings in elevated temperature regions.

Based on the application type - The composite decks and railings market is segmented as Residential and Non-Residential. Residential is estimated to be the fastest-growing segment during the forecast period. The characteristics presented by composite decking & railings, such as confrontation to thermal expansion and contraction when uncovered to sunlight and resistance to splinter & rot are beneficial in application areas.

To know the most attractive segments, visit:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is the largest procurer of composite decking & railing. This growth outlook is majorly attributed to the following-
- North America is likely to remain the largest procurer in the global market over the next five years.
- Asia-Pacific is subjected to grow at the fastest pace in the post-pandemic market developments.
- There has been an incessant increase in the penetration of composite decks & railings in the developed regions, mainly the USA.

Composite Decks and Railings Market Drivers:

Some of the key drivers listed in the report are given below.
- Increasing demand for low-maintenance, durable outdoor solutions, rising residential construction and remodeling activities, growing preference for eco-friendly materials, and advancements in capped composite technologies offering enhanced aesthetics and resistance to fading, mold, and mildew.

Top Companies in the Composite Decks and Railings Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Trex Company
• The Azek Company
• Fiberon LLC
• UPM Bio composites
• CertainTeed Ever New
• Guofeng WPC Ltd
• Barrette Outdoor Living
• Tamko Building products ltd
• Cali Bamboo
• DuraLife Decking and Railings

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Composite Decks and Railings Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• Polypropylene Market: https://www.stratviewresearch.com/1416/polypropylene-market.html

• Polyvinyl Chloride Membranes Market: https://www.stratviewresearch.com/3255/polyvinyl-chloride-membranes-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.