Plastic Fencing Market Application & Forecast with Upcoming Trends 2024 - PowerPoint PPT Presentation

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Plastic Fencing Market Application & Forecast with Upcoming Trends 2024

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Increasing construction spending in residential as well as commercial infrastructure will propel Plastic Fencing market size. As per analysis, global residential construction spending is expected to surpass USD 4.5 Trillion by 2024. Rising need for security particularly for residential buildings due to increasing crime rate will drive industry growth. – PowerPoint PPT presentation

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Title: Plastic Fencing Market Application & Forecast with Upcoming Trends 2024


1
Global Plastic Fencing Market Growth, Application
Analysis from 2017 to 2024
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2
Global Market Scenario of Plastic Fencing Industry
  • Global Plastic Fencing Market is estimated to
    exceed USD 6 Billion by 2024 according to a new
    research report by Global Market Insights, Inc.
  • Increasing construction spending in residential
    as well as commercial infrastructure will propel
    plastic fencing market size. As per analysis,
    global residential construction spending is
    expected to surpass USD 4.5 Trillion by 2024.
    Rising need for security particularly for
    residential buildings due to increasing crime
    rate will drive industry growth.
  • Changing lifestyles and rapid urbanization
    remains key factors supporting the industry
    demand. Increasing preference towards private
    buildings due to shifting trend towards nuclear
    families will positively influence product
    demand. Growth in renovation and remodelling
    projects coupled with increasing government
    investments in public infrastructure will propel
    business growth.

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Rights Reserved
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3
Continue-
  • Shifting consumer preference towards sustainable
    and eco-friendly products will drive plastic
    fencing market growth. High durability, minimal
    maintenance, improved safety along with cost
    efficiency are among key properties fuelling
    product penetration. Technological advancements
    and product innovations including composite
    materials has enhanced industry demand.
  • Vinyl is expected to witness growth over 6 up to
    2024. Increasing consumer awareness regarding
    benefits of vinyl over other fence material
    including high strength, resistance against harsh
    climatic conditions along with cost efficiency
    has enhanced product demand. Growth in new
    construction projects along with residential
    renovations will propel industry size. Increasing
    government investments in public infrastructure
    to provide security and safety will further drive
    plastic fencing market share.

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Rights Reserved
www.gminsights.com
4
U.S. Plastic Fencing Market, By End-Use, 2016
2024, (Million Linear Feet)
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385
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5
360 Industry Analysis
  • Temporary fencing is anticipated to depict CAGR
    over 5.5 up to 2024. Rising demand for temporary
    barriers in construction and industrial projects
    will support industry demand. Strong outlook in
    military facilities, airfields, wildlife parks,
    aquatic centres and industrial plants has
    enhanced product penetration. Heavy RD
    investments and product innovations including
    reflective temporary barriers will propel plastic
    fencing market size.

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6
  • Regional Analysis
  • Asia Pacific plastic fencing market was worth
    over USD 600 Million in 2016. Increasing consumer
    spending on safety products along with overall
    growth in income levels will propel industry
    demand. Favourable socio-economic factors along
    with abundant availability of raw material has
    stimulated the regional demand.
  • Competitive Analysis
  • Tenax Corporation, CertainTeed, Durafence, Pexco,
    Vega, Associated Materials and Wetherables are
    among major industry players in plastic fencing
    market.

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385
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7
Latest Research Report On Plastic Fencing
Market_at_ https//www.gminsights.com/pressrelease/pl
astic-fencing-market Request for sample of
this research report_at_ https//www.gminsights.com/
request-sample/detail/385 Request for
customization https//www.gminsights.com/roc/385
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Rights Reserved
www.gminsights.com
8
Stay In Touch You can visit us at
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Thank You!
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