Plastic Decking Market -Industry Overview and Key Factors by 2024

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Plastic Decking Market - Global Single User License:
Industry Analysis Forecast 2016 – USD 4315.5
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REPORT DESCRIPTION
Plastic decking is a flat surface typically constructed in the façade of a building, elevated from the ground. It is
predominantly made from recycled plastic material or virgin (new) plastic and does not require filler material for its
formulation. Plastic decking is highly stain-resistant, and does not involve finishing or long hours of maintenance. It is
unaffected by splintering which further helps maintain the aesthetic value and quality of the decks. Plastic decking also
exhibits excellent fade and moisture resistance. Therefore it can be installed in regions with a high count of humidity and
heavy rainfalls. Due to its extensive durability, plastic decking is widely used in the construction industry for residential
decking boards, rails and balusters, window lineal, door components, fencing, and sliding.
Based on the polymer type, the market for plastic decking is divided into the HDPE, LDPE, PVC, and PP categories.
HDPE and LDPE are expected to be the dominant segments. The former displays high strength and stiffness, and can
therefore be employed in the residential sector, while the latter contains certain strength-enhancing additives useful for
manufacturing decking products.
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Based on composite type, the market is split into the capped and uncapped varieties. Capped composite decking is
manufactured via the process of blending pre and post-consumer recycled plastic and timber mill scraps to obtain solid
products. It is anticipated to hold a major share in the plastic decking market over the forecast period, primarily due to its
distinctive features such as resistance to color fading and rotting. Capped composites have a protective layer comprising
UV inhibitors and anti-oxidants which further helps inhibit the growth of mildew & mold, thereby preventing splintering and
rotting. These are a few factors driving the plastic decking market. Uncapped composites are vulnerable to staining,
fading, mold, and mildew, thus constituting a minor share in the market.
The increasing number of residential buildings and rising demand for low-maintenance quality ducks are some of the
propellants of the plastic decking market, apart from its unique characteristics such as low maintenance, superior
aesthetics, quality, and durability. However, plastic decking tends to expand and contract in hot climate conditions and
radiate heat, which renders it user-unfriendly. Expansion also causes its joints to loosen and makes the deck unstable –
this might be a hindrance faced by the plastic decking market. However, new inventions offer immense opportunities to
market players to come up with new products which fulfill all the desired needs and overcome the above-mentioned
hurdles.
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Globally, the market for plastic decking is distributed over North America, Europe, Latin America, Asia Pacific, and Middle
East & Africa. Demand is likely to be high in North America, especially in the construction industry, due to a growing
requirement of low-maintenance building products. Furthermore, stringent regulations on the utilization of wood in North
America and Europe have prompted environmental and governmental agencies in many countries to make usage of
plastic decking mandatory. Rising urbanization and changing lifestyles in countries such as India and China have resulted
in a surge in new and existing house completions, which in turn motivates the market for plastic decking.
Key players in this market include Advanced Environmental Recycling Technologies, Inc, Azek Building Products, Inc,
Cardinal Building Products, Certainteed Corporation, Duralife Decking and Railing Systems, Fiberon, LLC, Green Bay
Decking, LLC, Tamko Building Products, Inc., UPM Kymmene Corporation, and Universal Forest Products, Inc.
The study is a source of reliable data on:
 Key market segments and sub-segments
 Evolving market trends and dynamics
 Changing supply and demand scenarios
 Quantifying market opportunities through market sizing and market forecasting
 Tracking current trends/opportunities/challenges
 Competitive insights
 Opportunity mapping in terms of technological breakthroughs
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Global Plastic Decking Market to be driven by increasing number of residential buildings and rising demand for low-maintenance quality ducks are some of the propellants of the plastic decking market