Title: Plastic Fencing Market Application & Forecast with Upcoming Trends 2024
1Global Plastic Fencing Market Growth, Application
Analysis from 2017 to 2024
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2Global 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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3Continue-
- 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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4U.S. Plastic Fencing Market, By End-Use, 2016
2024, (Million Linear Feet)
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5360 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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7Latest Research Report On Plastic Fencing
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astic-fencing-market Request for sample of
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