Plastic Decking

Plastic Decking

Global Plastic Decking Market to Reach US$8.3 Billion by 2030

The global market for Plastic Decking estimated at US$4.1 Billion in the year 2023, is expected to reach US$8.3 Billion by 2030, growing at a CAGR of 10.7% over the analysis period 2023-2030. Capped Composite Decking, one of the segments analyzed in the report, is expected to record a 11.0% CAGR and reach US$6.1 Billion by the end of the analysis period. Growth in the Uncapped Composite Decking segment is estimated at 10.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.3 Billion While China is Forecast to Grow at 14.0% CAGR

The Plastic Decking market in the U.S. is estimated at US$1.3 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 14.0% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 8.4% and 9.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9.8% CAGR.

Global Plastic Decking Market - Key Trends & Drivers Summarized

Plastic decking is a widely favored alternative to traditional wood decking, known for its durability, low maintenance, and long lifespan. Made primarily from synthetic materials like polyethylene, polypropylene, and PVC, plastic decking is engineered to resist the elements without the need for regular staining, sealing, or painting. This type of decking is particularly resistant to moisture, insects, and UV rays, making it ideal for outdoor environments such as residential decks, patios, and public boardwalks. Available in a broad array of colors, textures, and styles, plastic decking provides homeowners and builders with a versatile range of design options that cater to various aesthetic preferences and architectural styles. Moreover, it is often made from recycled materials, which supports environmental sustainability by reducing the demand for virgin plastic and wood resources.

Technological advancements have significantly enhanced the performance and appeal of plastic decking. The development of composite decking, which blends plastic with wood fibers, has resulted in products that combine the best attributes of both materials. This innovation allows plastic decking to closely mimic the natural look and feel of wood while offering superior resistance to the issues that commonly plague wood, such as rotting, splintering, and insect damage. Advances in extrusion and molding techniques have enabled manufacturers to create more realistic wood grain patterns and a variety of surface finishes, further broadening the aesthetic possibilities. Additionally, improvements in material formulation have led to high-performance plastics that are more resistant to fading, staining, and scratching, ensuring that plastic decking maintains its appearance and structural integrity over time.

The growth in the plastic decking market is driven by several factors, including advancements in manufacturing technology, increasing consumer demand for low-maintenance building materials, and rising environmental awareness. Technological innovations have made plastic decking more aesthetically pleasing and durable, enhancing its appeal to a broader range of consumers. The shift towards outdoor living spaces and the growing popularity of home improvement projects have also contributed to increased demand for decking materials that are easy to install and maintain. Additionally, the emphasis on sustainability and the use of recycled materials in plastic decking resonate with environmentally conscious consumers. Regulatory policies and incentives promoting sustainable building practices further support market growth. As these trends continue to evolve, the plastic decking market is expected to expand, driven by the need for innovative, durable, and eco-friendly outdoor solutions.

Select Competitors (Total 110 Featured) -

• Cardinal Health, Inc.
• Compagnie de Saint-Gobain S.A.
• Certain Teed Corporation
• Armstrong World Industries, Inc.
• CRH PLC
• Creative Composites Group
• AZEK Building Products, Inc.
• Cali Bamboo LLC
• Deceuninck NV
• Cardinal Building Products
• DuraLife Decking & Railing Systems
• Club Hosue Decking
• Dekorators,Inc.
• Can Supply Wholesale Limited
• Blue Sky Carpentry

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