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Ldpe Decking Market

Ldpe Decking Market

Ldpe Decking Market Global Industry Assessment & Forecast

# Pages:

180

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0935

Segments Covered
  • By Product Capped Composite, Uncapped Composite
  • By Application Residential, Industrial Manufacturing, Others
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: 2.92 Billion
Revenue 2028Revenue 2028: 6.93 Billion
Revenue CAGRRevenue CAGR (2022 - 2028): 11.41
Fastest Growing Region Fastest Growing Region (2022 - 2028) North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Key Insights

The global Ldpe Decking market was valued at USD 2.92 Billion in 2020 and is projected to reach USD 6.93 Billion by 2028, growing at a CAGR of 11.41% from 2021 to 2028.

Years Parameters
Historical Data (Actual Data) 2016-2020
Base Year Data 2020
Current Year Date 2021
Projected year data 2021-2028
Annual Market Size (2028) 6.93 Billion
Annual Market Size (2021)
CAGR (2021 - 2028) 11.41%

Overview and Description

Deck boards fall into the category of fully synthetic or plastic lumber. Unlike composite decking, HDPE boards exclude any organic materials like wood fibers. Manufacturers use virgin or recycled high-density polyethylene (HDPE) as the key ingredient in the deck boards.


The global Ldpe Decking market is segmented based on products, applications, regions, and countries. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments have been analyzed based on present and future trends. The research study provides complete assessment of the market on the basis of competition, drivers, restraints, opportunities, trends, and industry-authenticated data. The market is estimated from 2016 to 2020 with forecast from 2021 to 2028. 

Yearly Infographics 2.92 Billion 6.93 Billion

COVID-19 Impact Analysis

COVID-19 pandemic led to government of numerous countries across the globe to impose strict lockdown restrictions during the preliminary stages. In 2021, numerous countries faced the adverse effects of the pandemic due to the outbreak of second wave, which also led governments to again impose lockdown measures. Business shutdowns, partial business operations, and travel restrictions have led to challenges in supply chain and in turn production. However, it is expected that reopening of trade activities, the market will witness steady growth in the demand in the coming years. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.


The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Industry Insights

The increasing demand from construction industry due to the better properties that LDPE material offers is anticipated to augment the growth of the global LDPE decking market over the forecast period. Additionally, increase in new construction projects in emerging economies like China, India, and Mexico, among others is also projected to accelerate the market growth. 

Furthermore, the changing lifestyle and shift towards low-maintenance and good quality decks for homes is also expected to contribute to the growth of the LDPE decking market in near future. 

The availability of cost-effective LDPE substitutes, economic downturn and fluctuation in prices of raw materials are some of the factors that are expected to restrain the expansion of the global LDPE decking market in the years to come.

Global Ldpe Decking Market Report Scope

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2020
Historic Years 2016-2020
Forecast Years 2021-2028
Market Size Provided In Terms Of Revenue & Volume
Segments Covered Product, Application
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Countries Covered The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others
Companies Covered Certainteed Corporation, Universal Forest Products, Advanced Environmental Recycling Technologies, Azek Building Products, Fiberon, Green Bay Decking, UPM Kymmene, Duralife Decking and Railing Systems, Cardinal Building Products, Tamko Building Products, Seven Trust, Trex Company,Inc
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

Global Ldpe Decking Market: Product Segment Analysis

    • Capped Composite
    • Uncapped Composite

Global Ldpe Decking Market: Application Segment Analysis

    • Residential
    • Industrial Manufacturing
    • Others

Regional Analysis: Preview

Based on region, the global Ldpe Decking market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America region led the market with the largest share in 2020. Some of the key countries contributing to the surge in the market are the U.S., U.K., Germany, France, China, India, Japan, and South Korea.

The market comprises of numerous small, medium, and large sized players spread across various geographies. Some of the main competitors in the global Ldpe Decking market are Certainteed Corporation, Universal Forest Products, Advanced Environmental Recycling Technologies, Azek Building Products, Fiberon, Green Bay Decking, UPM Kymmene, Duralife Decking and Railing Systems, Cardinal Building Products, Tamko Building Products, Seven Trust, Trex Company,Inc. The report covers company market share analysis which gives a comprehensive overview of the main competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.

Market Size, 2021 (USD Billion)
North America
Europe
Asia Pacific
South America
Middle East Africa

Global Ldpe Decking Market: Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Key Highlights – Global Ldpe Decking Market

  • Global Ldpe Decking Market is projected to reach USD 6.93 Billion by 2028
  • North America held the highest share of the Ldpe Decking market
  • Capped Composite held the largest share of the product segment in the Ldpe Decking market
  • Residential held the major share of the application segment in the Ldpe Decking market

FAQ
Frequently Asked Question
  • The global Ldpe Decking valued at 2.92 Billion in 2020 and is expected to reach 6.93 Billion in 2028 growing at a CAGR of 11.41%.

  • The prominent players in the market are Certainteed Corporation, Universal Forest Products, Advanced Environmental Recycling Technologies, Azek Building Products, Fiberon, Green Bay Decking, UPM Kymmene, Duralife Decking and Railing Systems, Cardinal Building Products, Tamko Building Products, Seven Trust, Trex Company,Inc.

  • The market is project to grow at a CAGR of 11.41% between 2021 and 2028.

  • The driving factors of the Ldpe Decking include

    • The increasing demand from construction industry due to the better properties that LDPE material offers is anticipated to augment the growth of the global LDPE decking market over the forecast period. Additionally, increase in new construction projects in emerging economies like China, India, and Mexico, among others is also projected to accelerate the market growth.
    • Furthermore, the changing lifestyle and shift towards low-maintenance and good quality decks for homes is also expected to contribute to the growth of the LDPE decking market in near future.

  • North America was the leading regional segment of the Ldpe Decking in 2020.