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Composite Decking & Railing - Global Market Trajectory & Analytics

  • ID: 4804213
  • Report
  • April 2021
  • Region: Global
  • 376 pages
  • Global Industry Analysts, Inc
Global Composite Decking and Railing Market to Reach $5.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Composite Decking and Railing estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$5.6 Billion by 2027, growing at a CAGR of 11.4% over the period 2020-2027. Capped Composites, one of the segments analyzed in the report, is projected to record 12.9% CAGR and reach US$4.4 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 Uncapped Composites segment is readjusted to a revised 6.7% CAGR for the next 7-year period.



The U.S. Market is Estimated at $709 Million, While China is Forecast to Grow at 15% CAGR

The Composite Decking and Railing market in the U.S. is estimated at US$709 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 15.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 9.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.8% CAGR.

Select Competitors (Total 46 Featured):
  • Advanced Environmental Recycling Technologies, Inc.
  • Axion Structural Innovations Llc
  • DuraLife Decking & Railing Systems
  • Fiberon
  • Green Bay Decking LLC
  • TAMKO Building Products, Inc.
  • TimberTech
  • Trex Co., Inc.
  • Universal Forest Products, Inc.
  • Upm Biocomposites
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • A Prelude to Composite Decking & Railing
  • Impact of Covid-19 and a Looming Global Recession
  • Composite Decking Market Growing
  • Myth and Fact Composite Decking and Railing
  • Residential Decking Market Analysis
  • Decking Market Insight
  • Composite Decking Material Forecast
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown
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