Global Plastic Decking Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027

“Global Plastic Decking Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global plastic decking market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global plastic decking market report has been segmented on the basis of resin type, composite, type of construction, end-use sector, and region.

Introduction

Plastic decking is a flat surface used in front facade of a structure/building, higher than ground level. It is mainly made up of plastic material which is recycled or made up of a virgin plastic, that does not have a filler material while the formulation. The plastic decking doesn’t need finishing, highly stain-resistant, and long hours of maintenance. It preserves aesthetic value and the deck quality as its unaffected by splintering. The plastic decking also offers good resistance to fading and moisture. Thus, it is use in regions of heavy rainfalls and high humidity. Extensive durability of a plastic decking increased its usage in construction of residential decking boards, rails and balusters, window lineal, sliding, door components, and fencing.

Dynamics

Increasing demand for plastic decking across various end-use industrial verticals such as residential and non-residential is major factor estimated to drive growth of the target market over the next few years. In addition, increasing application scope in the construction industry is key factor estimated to support revenue growth of the target market over the next 10 years. In addition, various properties offered by plastic decking such as resistant to humidity and moisture and others are among some factor expected to support adoption of these products, which in turn anticipated to drive growth of the target market over the forecast period. Moreover, plastic decking has wide range of application in various residential sector, which in turn estimated to drive growth of the target market in the next 10 years. Changing lifestyle and inclination towards the low-maintenance and good quality decks are other key factors expected to drive growth of the global market over the certain extent.

Region Analysis

North America plastic decking market is estimated to account for major share in terms of revenue in the global plastic decking market. The Asia Pacific market is projected to register faster growth in terms of revenue over the next 10 years, owing to increasing demand from construction and infrastructure development industries in the countries in this region. Moreover, rising investments by public and private manufacturers in Asia Pacific and rising demand from end-use application industries are key factors anticipated to drive growth of the Asia Pacific market in the next few years. The market in India is anticipated to account for major share in terms of revenue in the Asia Pacific market. In addition, growing awareness regarding various properties offered by these materials among producers in the countries in this region are other factors driving growth of end-use application industries, which in turn is projected to fuel growth of the potential market in this region.

Global Market Segmentation:

Segmentation by resin type:

• High-Density Polyethylene (HDPE)
• Polyvinyl Chloride (PVC)
• Low-Density Polyethylene (LDPE)
• Polypropylene (PP)
• Others (Polystyrene (PS) and Polyethylene terephthalate (PET))

Segmentation by composite:

• Capped composite
• Uncapped composite

Segmentation by type of construction:

• Repairs and remodeling
• New decks on new houses
• New decks on existing houses

Segmentation by end-use sector:

• Residential
• Non-residential

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa