Plastic Fencing Market Trends to 2024 Profiling CertainTeed, Wetherables, Tenax Corporation, Durafence, Associated Materials

Market Study Report LLC recently introduced new title on “2017-2024 Global Plastic Fencing Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2024.

The global construction industry is expected to surpass $4.5 trillion by 2024. With increased construction spending and the rising usage of plastics in construction, plastic fencing market is also expected to grow significantly over 2017-2024. Rapidly developing urban expanses and the increasing number of nuclear families have increased the preference for private, luxurious, commercial buildings, spurring plastic fencing market. Consumer preference for cost effective products with high durability and requiring minimal maintenance will also drive the plastic fencing market. With rising government investments in renovation and remodeling, plastic fencing industry is projected to grow at a commendable pace and exceed $6 billion by 2024 in terms of revenue.

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Vinyl is expected to capture 6% of the total plastic fencing market revenue generated by 2024, as consumers are exhibiting increased inclination to use vinyl fencing due to the material's superior strength. Cost efficiency and resistance to harsh climatic conditions has encouraged many new construction projects as well as residential renovation projects to adopt the use of vinyl fencing, thereby enhancing the growth of plastic fencing market. Vinyl fences are also resistant to rotting and pests. The urban preference for the classic look provided by metal and wooden fencing however, can somewhat dampen plastic fencing market growth.

Backyard decor trends have made picket fences very popular, causing picket fencing to account for more the 45% of the plastic fencing market. Picket fences are not only pleasing to the eye but also help in keeping children and pets safe without obstructing the view. Picket fences are becoming especially popular as the demand for garden spaces is increasing in both commercial and residential projects.

The requirement for temporary barriers in industrial and construction projects will spur temporary plastic fencing market size, slated to witness a CAGR of 5.5% over 2017-2024. Temporary fences are used widely in military facilities, wildlife parks, airfields, industrial plants and aquatic centers which will further enhance the plastic fencing market. Research and development in temporary plastic fencing has led to innovations like reflective temporary barriers that will help in significant growth of the plastic fencing market.

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Plastic fencing market share from the agriculture sector is likely to surpass 100 million linear feet by 2024. Safety of livestock and increased use of these fences in agri-horticulture farms, animal research stations and aqua farms will support the growth of agricultural plastic fencing market. Vinyl and HDPE fence materials will find increased preference over wood and metal fences in agricultural plastic fencing due to superior weather resistant properties.

Favorable socio-economic factors coupled with developing construction industry and overall increase of income levels will drive the plastic fencing market in Asia Pacific which had already exhibited commendable potential in 2016.

Plastic fencing market is rather competitive and fragmented, and involves the participation of a huge number of regional as well as global players such as CertainTeed, Wetherables, Tenax Corporation, Durafence, Associated Materials and Pexco.

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Plastic Fencing Industry Insights

Chapter 4. Plastic Fencing Market, By Material

Chapter 5. Plastic Fencing Market, By Product

Chapter 6. Plastic Fencing Market, By Application

Chapter 7. Plastic Fencing Market, By End-Use

Chapter 8. Plastic Fencing Market, By Region

Chapter 9. Company Profiles

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Posted by on Tuesday December 18 2018, 8:46 AM EDT. All trademarks acknowledged. Filed under Construction, Machinery & Parts, Manufacturing, Manufacturing & Construction. Comments and Trackbacks closed. Follow responses: RSS 2.0

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