Zion Market Research, the market research group announced the analysis report titled ‘Plastic Decking Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’
Global Plastic Decking Market: Overview
Plastic decking is a flat surface usually used in the front facade of a building, higher than the ground level. It is primarily made up of plastic material that is recycled or made up of virgin plastic, which does not have filler material while formulation. Plastic decking does not need finishing, long hours of maintenance, and is highly stain-resistant. It preserves the aesthetic value and deck quality as it is unaffected by splintering. Plastic decking also shows good resistance to the moisture and fading. Hence, it is can use in regions of high humidity and heavy rainfalls. The extensive durability of plastic decking has promoted it for usage in the construction of residential decking boards, window lineal, rails and balusters, door components, sliding, and fencing.
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Global Plastic Decking Market by Growth Factors: The plastic decking market is likely to observe substantial growth in the coming years due to their boom in construction activities in emerging economies, development of product innovations, and increasing demand for modern constructions worldwide, which is the result of rapid urbanization, growth in industrialization, large-scale investments in infrastructure sectors. One of the main driving factors for the plastic decking market is the replacement and alternative to traditional materials with that of capped composite decking products. Changing lifestyle and inclination towards low-maintenance and good quality decks for homes has also contributed to the rise in plastic decking market.
Global Plastic Decking Market by Segmentation: The global plastic decking market is divided on the basis of resin type, composite type, construction type and end-use. Resin type is further segmented into HDPE, LDPE, PVC, and PP. The composite type is bifurcated as capped and uncapped. The construction plastic decking segment is further sub-segmented as repairs & remodeling and new decks. The plastic decking market on the basis of end-use is divided into residential and non-residential.
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Global Plastic Decking Market by Regional Analysis: Geographically, the global plastic decking market is segmented as North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa. North America with demand for low and cheap maintenance building products along with a presence of many leading players is the factor driving the growth of the plastic decking market in North America. The growth in population and rising income lead to increase in the construction spending of rising middle class, which is further contributing to the growth in Asia-Pacific and Latin America regions. The resurgence and competitions for advance and new architectural buildings in Arab countries are also fueling the growth of plastic decking market in the Middle East region.
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Plastic Decking Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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