Global Composite Decking & Railing
Market Report
2024
The global Composite Decking & Railing Market size is USD 6.1 billion in 2024. The Composite Decking & Railing Market will show strongest growth with a compound annual growth rate (CAGR) of 12.4% from 2024 to 2031. One market driver for the composite decking and railing market is the increasing demand for low-maintenance building materials in residential and commercial construction.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Composite Decking & Railing Market Sales Revenue 2024 | $ 6.1 Billion |
Global Composite Decking & Railing Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 12.4% |
Market Drivers:
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Market Restrains:
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Market Split by Type |
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Market Split by Application |
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Market Split by Resin Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Composite Decking & Railing Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Composite decking and railing refer to outdoor building materials made from a mixture of wood fibers, plastics, and binding agents, offering durability, low maintenance, and aesthetic appeal. The market for composite decking and railing is driven by increasing demand for eco-friendly and long-lasting alternatives to traditional wood products. Growth is fueled by trends in outdoor living spaces, construction activities, and environmental regulations favoring sustainable building materials. The market's expansion is supported by advancements in manufacturing technologies and rising consumer preference for products that resist rot, decay, and insects, making composite decking and railing a popular choice in residential and commercial applications globally.
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Chemical and materials companies are facing some challenges including stringent rules & regulation, supply chain disruption along with raw material price volatility. Thus, some of the key players are adopting new technologies to enhance their product portfolio. Now days digital technologies play an important role in this sector because it improves efficiency, operations and productivity of the plant. This study helps you to understand the competitor’s revenue generation, key strategies, recent development coupled with its S.W.O.T analysis.
Top Companies Market Share in Composite Decking & Railing Industry: (In no particular order of Rank)
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According to Cognitive Market Research, the composite decking and railing market in 2024 is primarily dominated by North America. This region holds a significant share due to the high adoption of composite materials in residential and non-residential construction projects. Factors such as durability, low maintenance requirements, and environmental sustainability are driving the market growth in North America. The presence of key market players and robust infrastructure development further contribute to its dominance in the global market.
Asia Pacific is expanding at the fastest Compound Annual Growth Rate (CAGR) in the composite decking and railing market. This growth is fueled by rapid urbanization, increasing disposable incomes, and growing awareness of sustainable building materials. The government's initiatives towards infrastructure development and rising investments in residential and commercial construction projects are also boosting market growth in this region. The demand for composite decking and railing products in the Asia Pacific is expected to continue rising due to their superior properties and longevity compared to traditional materials.
The current report Scope analyzes Composite Decking & Railing Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Composite Decking & Railing Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Composite Decking & Railing Industry growth. Composite Decking & Railing market has been segmented with the help of its Type, Application Resin Type, and others. Composite Decking & Railing market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, In the composite decking and railing market, capped composites dominate as the preferred type. Capped composites are known for their enhanced durability and resistance to fading, staining, and mold growth compared to uncapped composites. They feature a protective outer layer that provides additional protection against the elements, making them particularly suitable for outdoor applications in residential and non-residential settings. The dominance of capped composites is driven by their superior performance attributes, which appeal to consumers seeking low-maintenance and long-lasting decking and railing solutions.
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Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Composite Decking & Railing Market.
Some of the key Application of Composite Decking & Railing are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
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• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
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• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.
Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Composite Decking & Railing Market is witnessing significant growth in the near future.
In 2023, the Capped Composites segment accounted for noticeable share of global Composite Decking & Railing Market and is projected to experience significant growth in the near future.
The Residential segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Axion International, Advanced Environmental Recycling Technologies and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Capped Composites, Uncapped Composites |
Application | Residential, Non-Residential |
Resin Type | Polyethylene, Polypropylene, Polyvinyl chloride, Others |
List of Competitors | Axion International, Inc., Advanced Environmental Recycling Technologies, Inc. (AERT), Fiberon LLC, Green Bay Decking, LLC, Integrity Composites LLC, Tamko Building Products, Inc., Timbertech, UPM Biocomposites, Universal Forest Products, Inc. (UFPI) |
This chapter will help you gain GLOBAL Market Analysis of Composite Decking & Railing. Further deep in this chapter, you will be able to review Global Composite Decking & Railing Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Resin Type Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Composite Decking & Railing market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Capped Composites have a significant impact on Composite Decking & Railing market? |
What are the key factors affecting the Capped Composites and Uncapped Composites of Composite Decking & Railing Market? |
What is the CAGR/Growth Rate of Residential during the forecast period? |
By type, which segment accounted for largest share of the global Composite Decking & Railing Market? |
Which region is expected to dominate the global Composite Decking & Railing Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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