Global Composite Decking and Railing Market to Witness Great Growth in Forecasted Period 2021-2028

 In 2021, the Global Composite Decking and Railing Market’s size was valued at USD 2,633.8 million and is estimated to reach USD 9,185.5 million by 2028 and is expected to be growing at a CAGR of 12.96 % throughout the forecast period. In this report, 2021 has been taken as the base year while 2020 is the historical year. The forecast year for the report is 2028 to approximate the size of the market for Composite Decking and Railing.

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There are several prominent players in this market:

Axion Structural Innovations LLC

Fortress Building Products

Fortune Brands Home & Security, Inc. (Fiberon)

Genova Products Inc

Green Bay Decking

Shanghai Seven Trust Industry Co., Lt

The AZEK Company Inc. (TimberTech)

Trex Company, Inc.

UFP Industries, Inc.

UPM.

 

Methodology

The methods used for collecting information for the report involve 4 main activities. These activities help in estimating the current size of the Composite Decking and Railing market. Thorough secondary research was conducted to collect information on the Composite Decking and Railing market, such as new technologies coming into the market, and components connected with this market. Then the collected information was validated with experts from the Manufacturing and Construction industry across all the value chains through primary researches. Both top-down and bottom-up approaches were used for estimating the market size.

 

The Report Answers Questions Such As:

 

·         What is the potential opportunity for the Composite Decking and Railing market?

·         What are the major drivers, restraints, and opportunities of the Composite Decking and Railing market?

·         What is the market share of the leading segments and sub-segments of the Composite Decking and Railing market in the forecast period (2021-2028)?

·         How did the Composite Decking and Railing market evolve?

·         How each segment of the Composite Decking and Railing market is expected to grow during the forecast period?

·         What is the expected revenue to be generated by each of the segments by the end of 2028?

·         What are the key development strategies implemented by the key players to stand out in this Composite Decking and Railing market?

·         What is the preferred business model used for building Composite Decking and Railing?

·         Which area of application is expected to be the highest revenue generator in the Composite Decking and Railing market during the forecast period

·         Which end-user segment is expected to be the highest revenue generator in this industry during the forecast period?

·         What is the potential of Composite Decking and Railing market in the emerging countries during the forecast period?

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