Press Releases
 
Wooden Decking Market – By Product Type, Application, and End-use Industry For 2018

, 6 August 2018 -- Wooden Decking Market – By Product Type, Application, and End-use Industry For 2018

Decking is a flat surface capable of supporting weight and is generally constructed outdoors as a part of garden landscaping, connected to a building, that adds a new aesthetic dimension to the house. Decking helps in transforming a plain-looking backyard into an entertaining area for family or friends to enjoy or relax. Wooden decks have become popular and stimulate enthusiasm for outdoor living and add spaciousness to a house. Wooden decking is being used in a number of homes for building patios, landscaping for gardens, or for extended the living area owing to its ease of design versatility and adaptability to varied purposes. Consumers have increasingly been opting for wood decks due to their long lifespan and low maintenance requirements. Homeowners’ expenditure for improvement of homes or outdoor living areas encompassing decks, patios, and balconies is likely to significantly impact the demand for decking materials in the near future.

Get Brochure For More Information@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=47772

Key drivers boosting the popularity of wooden decking are increased investment for infrastructural development, rapid industrialization, and strong economic conditions. The wooden decking market has also gained popularity due to growing awareness among people regarding the use of wooden deck floorings and railings for enhancing the aesthetic beauty of houses. In developed regions, such as the U.S., Germany, and Japan, people are spending significantly on remodeling their homes, which in turn, has resulted in continuous demand for wooden decking, thereby boosting the market growth. However, hardwoods are expensive than other decking materials (steel/concrete), which is likely to hamper the wooden decking market. Nevertheless, growing demand for new-fashioned buildings and speedy industrial development are creating lucrative opportunities for the wooden decking market.

The global wooden decking market can be segmented based on type, construction type, application, end-user, and region. In terms of type, the market can be categorized into pressure treated wood, cedar wood, redwood, and tropical hardwoods. Based on construction type, the market can be divided into decks on new construction, decks on existing construction, and repairs & remodeling. By application, the market can be divided into rails & infrastructure and building materials. Furthermore, in terms of end-user, the wooden decking market can be classified into residential buildings and commercial buildings. The market is anticipated to be dominated by residential buildings owing to the rising disposable income of people, stimulating construction activities of new houses in urban regions, subsequently raising the demand for wooden decks.

Based on region, the global wooden decking market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the global market during the forecast period, followed by Europe and Asia Pacific. The U.S. is the leading consumer of wooden decks, followed by Germany and China. Asia Pacific is anticipated to exhibit growth at a dominant CAGR, owing to rapid industrialization, investment in industrial sectors, and growing number of construction projects in the emerging countries such as India and China. Furthermore, increase in construction of residential and commercial buildings, coupled with growing population, is propelling the wooden decking market.

Leading manufacturers operating in the wooden decking market are UPM-Kymmene Oyj, Weyerhaeuser Company, West Fraser Timber Co. Ltd., Universal Forest Products, Inc., Metsä Group, Setra Group, James Latham, Koppers Inc., Mendocino Redwood Company, LLC, VETEDY GROUP, Danzer, Kebony, and Thermory AS. Manufacturers are increasing their R&D capabilities to diversify their product range and are also making efforts to enhance their product quality with the introduction of new designs. Players in the wooden decking market are anticipated to face competition due to the presence of a large number of local vendors. This is likely to lead to the introduction of many advanced products in the market during the forecast period.

Download ToC Of Research Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=47772

# # #


Submitted by K Singha on Monday, 6 August 2018 at 10:06 PM
Category: Science & Research
 
Related News

Global Lithium-ion Battery Market Overview 2018, Demand by Regions, Types and Analysis of Key Player
Thursday, 13 Dec 2018

Harmonic Filter Market - Shares and Strategies of Major Key Players For 2018
Monday, 10 Dec 2018

Water Purifier Market - Economic Outlook, Analysis and Forecasts
Monday, 10 Dec 2018

Wipes Market - Emerging Nations around the World to Offer Lucrative Opportunities
Monday, 10 Dec 2018

Refrigerated Display Cases (RDC) Glasses Market - Economic Outlook, Analysis
Monday, 10 Dec 2018

Related Events

2019 Asia Pacific Energy Assembly and Awards Dinner
Wednesday, 30 Jan 2019

20th International Union for Quaternary Research Congress (INQUA 2019)
Thursday, 25 Jul 2019

Latest News

TMetric Update: Fixed Fee Projects and Recurring Budgets
Thursday, 13 Dec 2018

A cost-effective flexible packaging that ensures our Earth will be green tomorrow from Gear Packagin
Thursday, 13 Dec 2018

Dental Website Design-Obtain Maximum Advantage for Clinic
Thursday, 13 Dec 2018

Global Lithium-ion Battery Market Overview 2018, Demand by Regions, Types and Analysis of Key Player
Thursday, 13 Dec 2018

Global Lobster Market Overview 2018, Demand by Regions, Types and Analysis of Key Players
Thursday, 13 Dec 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Thursday, 13 December 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • IEE International Conference on the Science of Electrical Engineering
  • The Garage Online Challenges for the Future of Energy
  • The Garage Online Challenges For The Future Of Mobility
  • Palo Alto Networks: COORDINATE YOUR ENDPOINT AND NETWORK SECURITY
  • Advances in Inflammatory Bowel Diseases (AIBD) December 13-15, 2018

  • Latest Jobs
    Sorry, there are currently no entries posted here.