Market Overview:
The global HDPE decking market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for HDPE decking from residential and non-residential applications. In terms of type, capped composite is expected to lead the global HDPE decking market during the forecast period, followed by uncapped composite. In terms of application, residential application is expected to lead the global HDPE decking market during the forecast period, followed by non-residential application.
Product Definition:
HDPE decking is a high-density polyethylene plastic that is used to create decks and other outdoor structures. It is important because it is durable, weather-resistant, and low-maintenance.
Capped composite:
Capped composite is a new product developed to overcome the limitations of traditional composites. The major advantage of this product is that it can be used with thermoplastics or thermosets and has no thermal stability issues. Also, it offers high compressive strength and flexural modulus as compared to other products such as fiberglass, carbon fiber etc.
Uncapped composite:
Uncapped composite is a thermoplastic composite material that consists of fibers and resin. It has high demand in the construction industry due to its properties such as low water absorption, high strength, and durability. The uncapped composites are used for producing rigid sheets with excellent impact resistance which are further used in applications such as walk boards & planks, pool decks & swim platforms, driveways & garage floors among others.
Application Insights:
Residential application led the global HDPE decking market in 2017, accounting for more than 60.0% share of the total revenue. The segment is projected to witness significant growth over the forecast period on account of increasing demand for residential buildings from developing countries such as India, China and Brazil. In addition, high demand for single-family houses in developed countries including U.S., Germany and France will boost product consumption over the next eight years.
The non-residential application segment was valued at USD 281 million in 2017 owing to rising applications across hotels, hospitals and corporate offices among others globally driven by growing construction spending capacity across emerging economies including China, India and Brazil along with Middle East & Africa regions such as Saudi Arabia.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to rapid urbanization and increasing disposable income of consumers. In addition, rising construction activities due to growing population are anticipated to drive demand for HDPE products in Asia Pacific over the forecast period.
The residential application segment is anticipated to be a key driver for growth in North America owing to high consumer preference towards living spaces with aesthetic appeal and luxury finishing within budget constraints. Moreover, stringent regulatory scenario regarding building codes and standards coupled with rapidly changing weather conditions has led designers & architects opting for composite lumber products as an alternative solution provider offering maximum strength-to-weight ratio along with sustainability at a competitive price point compared to other conventional alternatives such as hardwood or stone veneer panels with lower durability & strength properties under extreme climatic conditions such as heavy snow/frost etc.
Growth Factors:
- Increasing demand from construction and infrastructure sectors
- Rising awareness about the benefits of HDPE decking over traditional materials
- Growing popularity of composite decking products
- Technological advancements in the manufacturing process
- Rising disposable income and changing lifestyle trends
Scope Of The Report
Report Attributes
Report Details
Report Title
HDPE Decking Market Research Report
By Type
Capped composite, Uncapped composite
By Application
Residential, Non-residential
By Companies
UPM Kymmene, Universal Forest Products, Advanced Environmental Recycling Technologies, Fiberon, Azek Building Products, Cardinal Building Products, Certainteed Corporation, Duralife Decking and Railing Systems, Green Bay Decking, Tamko Building Products
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global HDPE Decking Market Report Segments:
The global HDPE Decking market is segmented on the basis of:
Types
Capped composite, Uncapped composite
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Non-residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- UPM Kymmene
- Universal Forest Products
- Advanced Environmental Recycling Technologies
- Fiberon
- Azek Building Products
- Cardinal Building Products
- Certainteed Corporation
- Duralife Decking and Railing Systems
- Green Bay Decking
- Tamko Building Products
Highlights of The HDPE Decking Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Capped composite
- Uncapped composite
- By Application:
- Residential
- Non-residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the HDPE Decking Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
HDPE decking is a type of plastic lumber that is made from high-density polyethylene. It is often used as a roofing material because it has good resistance to weather and rot.
Some of the major players in the hdpe decking market are UPM Kymmene, Universal Forest Products, Advanced Environmental Recycling Technologies, Fiberon, Azek Building Products, Cardinal Building Products, Certainteed Corporation, Duralife Decking and Railing Systems, Green Bay Decking, Tamko Building Products.
The hdpe decking market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. HDPE Decking Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. HDPE Decking Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. HDPE Decking Market - Supply Chain
4.5. Global HDPE Decking Market Forecast
4.5.1. HDPE Decking Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. HDPE Decking Market Size (000 Units) and Y-o-Y Growth
4.5.3. HDPE Decking Market Absolute $ Opportunity
5. Global HDPE Decking Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. HDPE Decking Market Size and Volume Forecast by Type
5.3.1. Capped composite
5.3.2. Uncapped composite
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global HDPE Decking Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. HDPE Decking Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Non-residential
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global HDPE Decking Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. HDPE Decking Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global HDPE Decking Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. HDPE Decking Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global HDPE Decking Demand Share Forecast, 2019-2026
9. North America HDPE Decking Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America HDPE Decking Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America HDPE Decking Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Non-residential
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America HDPE Decking Market Size and Volume Forecast by Type
9.7.1. Capped composite
9.7.2. Uncapped composite
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America HDPE Decking Demand Share Forecast, 2019-2026
10. Latin America HDPE Decking Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America HDPE Decking Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America HDPE Decking Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Non-residential
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America HDPE Decking Market Size and Volume Forecast by Type
10.7.1. Capped composite
10.7.2. Uncapped composite
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America HDPE Decking Demand Share Forecast, 2019-2026
11. Europe HDPE Decking Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe HDPE Decking Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe HDPE Decking Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Non-residential
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe HDPE Decking Market Size and Volume Forecast by Type
11.7.1. Capped composite
11.7.2. Uncapped composite
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe HDPE Decking Demand Share, 2019-2026
12. Asia Pacific HDPE Decking Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific HDPE Decking Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific HDPE Decking Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Non-residential
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific HDPE Decking Market Size and Volume Forecast by Type
12.7.1. Capped composite
12.7.2. Uncapped composite
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific HDPE Decking Demand Share, 2019-2026
13. Middle East & Africa HDPE Decking Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa HDPE Decking Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa HDPE Decking Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Non-residential
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa HDPE Decking Market Size and Volume Forecast by Type
13.7.1. Capped composite
13.7.2. Uncapped composite
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa HDPE Decking Demand Share, 2019-2026
14. Competition Landscape
14.1. Global HDPE Decking Market: Market Share Analysis
14.2. HDPE Decking Distributors and Customers
14.3. HDPE Decking Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. UPM Kymmene
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Universal Forest Products
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Advanced Environmental Recycling Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fiberon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Azek Building Products
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cardinal Building Products
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Certainteed Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Duralife Decking and Railing Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Green Bay Decking
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tamko Building Products
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
