SAN FRANCISCO, Nov. 4, 2020 /PRNewswire/ -- The global plastic fencing market size is expected to reach USD 6.14 billion by 2027, escalating at a CAGR of 4.9%, according to a new report by Grand View Research, Inc. Ease in the production and installation of plastic fencing drives its demand across residential, commercial, industrial, and agriculture sectors.
Key suggestions from the report:
The rising number of remodeling and renovation projects in the residential and commercial sectors is projected to boost product demand. In addition, technological innovations and advancements in the production process are anticipated to propel product demand. Rising security and safety concerns are also projected to boost product demand over the coming years.
Increasing spending on infrastructure development coupled with the expansion of the construction industry across the globe is likely to propel product demand over the forecast period. Furthermore, the superior properties of plastic fences, such as waterproofing and resistance to corrosion & decay, are projected to stimulate its demand, thereby driving the market growth.
Volatile raw material prices are anticipated to restrict the demand for plastic fencing over the forecast period. However, the superior mechanical properties including weather resistance and resistance to scratch and wear, coupled with low maintenance costs are likely to benefit the market growth over the forecast period.
Read 118 page research report with ToC on "Plastic Fencing Market Size, Share & Trends Analysis Report By Material (PE/HDPE, Vinyl), By Product (Picket Fence, Post & Rail Fence), By Application (Boundary, Privacy), By End User, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/plastic-fencing-market
The rising number of remodeling and renovation projects in the residential and commercial sectors is projected to boost product demand. In addition, technological innovations and advancements in the production process are anticipated to propel product demand. Rising security and safety concerns are also projected to boost product demand over the coming years.
Increasing spending on infrastructure development coupled with the expansion of the construction industry across the globe is likely to propel product demand over the forecast period. Furthermore, the superior properties of plastic fences, such as waterproofing and resistance to corrosion & decay, are projected to stimulate its demand, thereby driving the market growth.
Volatile raw material prices are anticipated to restrict the demand for plastic fencing over the forecast period. However, the superior mechanical properties including weather resistance and resistance to scratch and wear, coupled with low maintenance costs are likely to benefit the market growth over the forecast period.
Grand View Research has segmented the global plastic fencing market on the basis of material, product, application, end-user, and region:
Plastic Fencing Material Outlook (Revenue, USD Million, 2016 - 2027)
Plastic Fencing Product Outlook (Revenue, USD Million, 2016 - 2027)
Plastic Fencing Application Outlook (Revenue, USD Million, 2016 - 2027)
Plastic Fencing End-user Outlook (Revenue, USD Million, 2016 - 2027)
Plastic Fencing Region Outlook (Revenue, USD Million, 2016 - 2027)
List of Key Players of Plastic Fencing Market
Barrette Outdoor Living
CertainTeed
Durafence
Itochu Corporation
Pexco
Planet Polynet
Seven Trust
Superior Plastic Products
Tenax
Veka AG
Find more research reports on Specialty Glass, Ceramic & Fiber Industry, by Grand View Research:
Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
Follow Us: LinkedIn | Twitter
SOURCE Grand View Research, Inc.