Global Plastic Decking Market Report 2021: Market to Reach $7.1 Billion by 2027 - HDPE Segment to Account for $2.4 Billion - ResearchAndMarkets.com

Amid the COVID-19 crisis, the global market for Plastic Decking estimated at US$3.8 Billion in the year 2020, is projected to reach a revised size of US$7.1 Billion by 2027, growing at a CAGR of 9.4% over the analysis period 2020-2027.

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Business Wire, Inc.Business Wire, Inc.
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Tuesday, May 25, 2021
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Tags: 
Chemicals, Plastics, Manufacturing, Organic polymers, Plastics, Organic compounds, High-density polyethylene, Polyolefins, Compound annual growth rate, Polyvinyl chloride, Draft:ByteBridge.io
Geotags: 
JAPAN, US, EUROPE, LATIN AMERICA, CHINA, INDIA, SOUTH KOREA, USA, AUSTRALIA, CANADA, GERMANY
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Summary
Key Points: 
  • Amid the COVID-19 crisis, the global market for Plastic Decking estimated at US$3.8 Billion in the year 2020, is projected to reach a revised size of US$7.1 Billion by 2027, growing at a CAGR of 9.4% over the analysis period 2020-2027.
  • HDPE, one of the segments analyzed in the report, is projected to record a 10% CAGR and reach US$2.4 Billion by the end of the analysis period.
  • The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 12.5% CAGR
    The Plastic Decking market in the U.S. is estimated at US$1 Billion in the year 2020.
  • In the global PVC segment, USA, Canada, Japan, China and Europe will drive the 8.8% CAGR estimated for this segment.


The "Plastic Decking - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Plastic Decking Market to Reach $7.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Plastic Decking estimated at US$3.8 Billion in the year 2020, is projected to reach a revised size of US$7.1 Billion by 2027, growing at a CAGR of 9.4% over the analysis period 2020-2027.

HDPE, one of the segments analyzed in the report, is projected to record a 10% CAGR and reach US$2.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the LDPE segment is readjusted to a revised 9.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 12.5% CAGR

The Plastic Decking market in the U.S. is estimated at US$1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 12.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.

PVC Segment to Record 9.5% CAGR

In the global PVC segment, USA, Canada, Japan, China and Europe will drive the 8.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$484.6 Million in the year 2020 will reach a projected size of US$876 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1 Billion by the year 2027, while Latin America will expand at a 10.9% CAGR through the analysis period.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS (Total 44 Featured):

  • Advanced Environmental Recycling Technologies, Inc.
  • AZEK Building Products
  • Cardinal Building Products
  • CertainTeed Corporation
  • DuraLife Decking & Railing Systems
  • Green Bay Decking LLC
  • TAMKO Building Products, Inc.
  • Universal Forest Products, Inc.
  • UPM-Kymmene Corporation

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION

  • Total Companies Profiled: 44

For more information about this report visit https://www.researchandmarkets.com/r/8jukw7

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