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Plastic Decking Market Research Report, Its History and Forecast 2024 to 2031


Plastic Decking Market Trends, Growth Opportunities, and Forecast Scenarios


The global plastic decking market is experiencing steady growth due to several key factors driving increased demand for plastic decking products. One of the primary drivers of growth in this market is the rise in construction activities worldwide, particularly in residential and commercial sectors. As more individuals and businesses look to create outdoor living spaces, the demand for durable and low-maintenance decking materials like plastic continues to rise.

Additionally, the growing awareness of environmental issues and sustainability concerns is leading more consumers to opt for eco-friendly decking materials. Plastic decking, made from recycled materials and requiring minimal maintenance, is seen as a more sustainable alternative to traditional wood decking. As a result, manufacturers are investing in research and development to improve the performance and aesthetics of plastic decking products, further driving market growth.

Furthermore, the increasing focus on outdoor leisure and entertainment spaces is also contributing to the growth of the plastic decking market. Consumers are looking for decking materials that offer durability, longevity, and easy maintenance to enhance their outdoor living experience. Plastic decking meets these criteria and is gaining popularity among homeowners, businesses, and builders alike.

Overall, the plastic decking market is poised for continued growth in the coming years, with ample opportunities for manufacturers and suppliers to capitalize on the increasing demand for sustainable and low-maintenance decking solutions. By staying abreast of market trends, product innovations, and consumer preferences, stakeholders in the plastic decking industry can unlock new growth opportunities and expand their market presence.


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Plastic Decking Market Competitive Analysis


The competitive landscape of the Plastic Decking Market includes companies such as UPM Kymmene Corporation, Universal Forest Products, Advanced Environmental Recycling Technologies, Azek Building Products, Fiberon LLC, Cardinal Building Products, TAMKO Building Products, CertainTeed Corporation, Green Bay Decking, DuraLife Decking & Railing Systems, and WPC Decking. These companies offer a variety of plastic decking products to cater to different customer needs and preferences. They contribute to the growth of the market by innovating new products, expanding their distribution channels, and marketing their offerings effectively.

- UPM Kymmene Corporation reported sales revenue of $ billion.

- Universal Forest Products reported sales revenue of $3.81 billion.

- CertainTeed Corporation reported sales revenue of $3.59 billion.


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In terms of Product Type, the Plastic Decking market is segmented into:


Plastic decking comes in various types such as HDPE, LDPE, PP, PVC, and others like PS and PET. HDPE and LDPE are durable and weather-resistant, making them ideal for outdoor use. PP is known for its high strength and resistance to chemicals. PVC offers a low maintenance option with a wide range of colors and styles available. PS and PET provide a more environmentally friendly option. The versatility, durability, and low maintenance of these plastic decking materials have boosted the demand in the market, as they offer cost-effective solutions for outdoor spaces with minimal upkeep required.


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In terms of Product Application, the Plastic Decking market is segmented into:


Plastic decking is commonly used in residential and non-residential settings as an alternative to traditional wood decking. In residential applications, plastic decking is utilized for outdoor decks, patios, and balconies, offering durability, low maintenance, and resistance to rot and mold. In non-residential settings, such as restaurants, hotels, and commercial spaces, plastic decking provides a modern aesthetic and a long-lasting solution for outdoor areas. The fastest growing application segment in terms of revenue is residential, as homeowners increasingly seek sustainable and low-maintenance decking options for their outdoor living spaces.


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Plastic Decking Industry Growth Analysis, by Geography


The plastic decking market is expected to witness significant growth in regions such as North America, Asia-Pacific (APAC), Europe, the USA, and China due to increasing demand for low maintenance and eco-friendly decking materials. Among these regions, North America is expected to dominate the market with a market share percentage valuation of around 35%. This growth can be attributed to the rising trend of outdoor living spaces and the increasing adoption of composite and PVC decking materials in residential and commercial construction projects. The APAC region is also expected to show substantial growth due to rapid urbanization and infrastructure development activities.


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