Global Plastic Decking Market

Indian company Market Research Future has published a new report on “Global Plastic Decking Market Research Report – Forecast to 2022“. According to the provided information, it contains company information, geographical data and market segmentation by material (HDPE, PP, PVC and LDPE), by composite, by end-use and by region. The global plastic decking market size was valued at around 2 billion US-Dollar in 2015 and is expected to cross 5 billion US-Dollar at a compound annual growth rate of approximately 11 percent by 2022. As reported, the key drivers for the growth of this market are rapid urbanization, rising construction activities in the emerging nations, replacement of traditional materials with other composite decking products and large-scale investments. Plastic decking is widely used in residential and non-residential buildings. “North-America contributes highest to the market, majorly due to increasing demand for low maintenance building products,” the provider stated.

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