According to the current analysis of Reports and Data, the global plastic decking market was valued at USD 4,454.9 Million in 2020 and is expected to reach USD 9,663.9 Million by year 2028, at a CAGR of 10.82 %. 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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Major Points Covered in the Global Plastic Decking Market Report:
- Market Coverage: This section of the report provides significant details on key market aspects including the key market segments, product innovation scope, and macro-economic and micro-economic growth indicators. In addition, the report segments the global Plastic Decking market based on product type, technology landscape, and application range.
- Executive Summary: Under this section, the global market growth rate, competitive landscape, drivers and constraints, trends, limitations, and the key market segments have been discussed.
- Regional Analysis: In this section, the latest report highlights the extensive global presence of the Plastic Decking market. This section offers key insights into the latest trends in the regional markets including North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.
- Competitive Landscape: This section of the report highlights the key players in the global Plastic Decking market. It further emphasizes the leading products and services offered by these companies.
- Manufacturers’ portfolios: This section includes detailed information regarding the product portfolio of each local and global manufacturer, their strengths and weaknesses, product catalogue, production value and capacity, and other vital information.
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.
- The residential sector is the fastest growing segment in the plastic decking market during the forecast period owing to its qualities such as low maintenance cost, resistance to thermal expansion and contraction when exposed to sunlight and resistance to splinter and corrosion. It accounts for 57.7% of the total market share.
- On the basis of resin type, Capped composites dominate the global plastic decking market because of its unique properties such as resistance to growth of mold & mildew, corrosion, splintering, color fading. Capped composite decking is prepared by mixing pre and post-consumer recycled plastic and timber mill scraps to obtain solid products.
- In comparison to capped composite decking, uncapped composites are vulnerable to fading, molding and staining. Therefore, it has lesser demand than capped composite.
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Resin Type (Revenue, USD Million; 2020–2028)
- Polyvinyl Chloride
- High density polyethylene
- Low density Polyethylene
- Polypropylene
Composite Type (Revenue, USD Million; 2020–2028)
- Capped
- Uncapped
Type of construction (Revenue, USD Million; 2020–2028)
- Repairs& remodeling
- New decks
- Existing constructions
- New constructions
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End Use (Revenue, USD Million; 2020–2028)
- Residential
- Non-residential
Regional Outlook (Revenue in USD Million; 2020–2028)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of the Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
- Brazil
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