Plastic decking is mainly formulated either from new (virgin) plastic or recycled plastic material. Unlike others, it does not need any filler material. Plastic decking has become widely popular in past few years, owing to the growth in construction sector, where the plastic decking is used for making window lineal, residential decking boards, door components, rails and balusters, sliding, and fencing. Going forward too, it is slated to sustain its growth momentum on the back of its durability. Transparency Market Research has recently published a report, titled “Plastic Decking Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”
Some of the major advantages of plastic decking is its stain-resistant property. It does not need and finishing, and is very easy to maintain. Moreover, since they are not affected by splintering, it keep them in a great shape for a longer duration. They don’t fade much and are moisture resistant. Owing to so many favorable circumstances, plastic decking is gaining high popularity in overall decking industry. Some of the other growth drivers in the global market for plastic decking are the expanding construction industry which has driven up demand for easy to maintain, high-quality decks.
Nevertheless, due to the properties of plastic decks to contract and expand as per the climate, as a result of loose joints instability is one of the hindering factor in the global plastic decks market. Further, in hot climates, plastic decks can turn out to be to a great degree hot and can radiate heat which makes them uncomfortable. Notwithstanding, push on technological advancements to work upon the drawbacks and manufacture better products is anticipated in the market to overcome the previously mentioned hindrance and develop at a decent pace.
Based on geography, the global plastic decks market is divided into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. Among these, North America is foreseen to represent highest demand because of a rising requirement for east-to-maintain building items in its ever-growing construction sector. In addition, stringent standards against utilization of wood in North America and Europe have likewise brought about quick take-up of plastic decking. In Asia Pacific, the rapid urbanization and change in lifestyle, especially in nations such as China and India that have brought about a surge in new and existing house completions fueling the demand for plastic decking.
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Some of the dominant players in the global plastic decks market are Cardinal Building Products, Advanced Environmental Recycling Technologies, Inc, Certainteed Corporation, Green Bay Decking, LLC, Fiberon, LLC, Tamko Building Products, Inc., Universal Forest Products, Inc, and UPM Kymmene Corporation.