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    Composite Decking & Railing Market Size, Share & Forecast

    Composite Decking & Railing Market Size, Share & Forecast
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    Composite Decking & Railing Market is likely to witness an impressive CAGR of 13.2% during the forecast period. The global composite decking & railing market has observed significant growth in the earlier few years bearing the high demand for capped composites in the U.S., Germany and the emerging economies, such as the Middle East, Brazil and China. The rising construction industry in these countries is fueling the composite decking & railing market globally.

    Composite Decking & Railing Market- Snapshot

    Growth

    13.2% for the next five years

    Major Type

    Capped Composites

    Major Resin Type

    Polypropylene

    Dominant Application Type

    Non-residential

    Region with the highest demand

    RoW (The Middle East)

    Key Players

    Axion International, Inc., Advanced Environmental Recycling Technologies, Inc. (AERT), Fiberon LLC, Green Bay Decking, LLC, Integrity Composites LLC, Tamko Building Products, Inc., Timbertech, UPM Biocomposites, and Universal Forest Products, Inc. (UFPI). 

     

                                                                                                                                                                                    

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    Composite Decking & Railing Market Share: By Type

    Based on the type, the market is segmented as capped composites and uncapped composites. The composite decking & railing market is primarily governed by the capped composites segment, owing to their characteristics, such as confrontation to breakage, decomposing, development of mold & mildew, and color diminishing. Capped composites also deliver ultra-low maintenance cost and premium aesthetics against natural wood decking & railing products. They are extensively employed in the residential and non-residential applications, owing to their physical properties.

    Composite Decking & Railing Market Share: By Resin Type

    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 global composite decking & railing market. Polyethylene resin has elevated strength and sturdiness, which is suitable for residential application, necessitating joist 16 inch on center. The polypropylene segment 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 & railing in elevated temperature regions.

    Composite Decking & Railing Market Share: By Application Type

    Based on the application type, the market is segmented as residential and non-residential sectors. The non-residential application segment is estimated to be the faster-growing segment during the forecast period. The characteristics presented by composite decking & railing, such as confrontation to thermal expansion and contraction when uncovered to sunlight, resistance to splinter & rot and likewise, are beneficial in application areas, such as marinas, docks, patios, pool areas, hotels and resorts.

    Composite Decking & Railing Market Share: By Region

    In terms of regions, presently, North America is the largest consumer of composite decking & railing. The U.S., Germany, and China are the growth engines of the market. The Middle Eastern region within the RoW region is expected to depict the highest growth during the forecast period. The market is driven by the growth of the construction industry and the ameliorating financial condition in the region which has triggered an increase in the demand for composite decking & railing.

    Some of the major players in the composite decking & railing market are Axion International, Inc., Advanced Environmental Recycling Technologies, Inc. (AERT), Fiberon LLC, Green Bay Decking, LLC, Integrity Composites LLC, Tamko Building Products, Inc., Timbertech, UPM Biocomposites, and Universal Forest Products, Inc. (UFPI). 

     

    Market Scope & Segmentation

    Composite decking is a building product, which comprises an estimated equivalent amount of recycled wood fibers and recycled plastic. Products made from composite decking possess unmatched durability and resistance; henceforth, they own a longer lifespan against wood decks.

    Composite decking products deliver myriad advantages, such as resistance to insects and molds, low upkeep cost, etc. Further, as new capped composite decking products are fade and offer stain resistance, it becomes much easier and convenient to clean them and they also have high color retention.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Composite Decking & Railing Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    9

     

    The composite decking & railing market is segmented into the following categories. 

    Composite Decking & Railing Market Size, Share, & Forecast, by Type:

    • Capped Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Uncapped Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Composite Decking & Railing Market Size, Share, & Forecast, by Resin Type:

    • Polyethylene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polypropylene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyvinyl Chloride (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Composite Decking & Railing Market Size, Share, & Forecast, by Application Type:

    • Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Non-Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Composite Decking & Railing Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What is Composite Decking & Railing?

    Composite decking is a building product, which comprises an estimated equivalent amount of recycled wood fibers and recycled plastic. Products made from composite decking possess unmatched durability and resistance; henceforth, they own a longer lifespan against wood decks. Composite decking products deliver myriad advantages, such as resistance to insects and molds, low upkeep cost, etc. Further, as new capped composite decking products are fade and offer stain resistance, it becomes much easier and convenient to clean them and they also have high color retention.

    What will be the CAGR of the Composite Decking & Railing Market?

    Composite Decking & Railing Market is likely to witness an impressive CAGR of 13.2% during the forecast period. The global composite decking & railing market has observed a significant growth in the earlier few years bearing the high demand for capped composites in the U.S., Germany and the emerging economies, such as the Middle East, Brazil, and China. The rising construction industry in these countries is fueling the composite decking & railing market globally.

    Which country/region is expected to remain the largest Composite Decking & Railing Market?

    In terms of regions, RoW (The Middle East) is projected to remain the largest Composite Bearings market during the forecast period, in terms of both value and volume.

    Who are the key players in the Composite Decking & Railing Market?

    Some of the major players in the composite decking & railing market are Axion International, Inc., Advanced Environmental Recycling Technologies, Inc. (AERT), Fiberon LLC, Green Bay Decking, LLC, Integrity Composites LLC, Tamko Building Products, Inc., Timbertech, UPM Biocomposites, and Universal Forest Products, Inc. (UFPI).

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