The U.S. Composite Decking Market is thriving, driven by positive factors. Increasing demand for low-maintenance and eco-friendly outdoor decking solutions boosts the market's growth. Advancements in manufacturing techniques improve product quality and aesthetics. Composite decking's longevity, durability, and resistance to weather and pests make it an attractive choice for customers seeking durable decking options. Moreover, its eco-friendliness and contribution to sustainable construction practices appeal to environmentally conscious consumers. With a focus on innovation and customer satisfaction, the market continues to cater to the growing need for reliable and visually appealing outdoor decking solutions.
Access Full Report @ https://www.databridgemarketresearch.com/es/reports/us-composite-decking-market
Data Bridge Market Research analyses that the U.S. composite decking market was USD 4,596.95 million in 2022, would grow up to USD 12,220.72 million by 2030, and is expected to undergo a CAGR of 13.00% during the forecast period of 2023 to 2030. Composite decking is resistant to weather elements, such as moisture, UV rays, and temperature fluctuations, as well as pests like termites, ensuring a longer lifespan and enhanced performance.
Key Findings of the Study
Increasing awareness of sustainable construction is expected to drive the market's growth rate
As awareness of environmental sustainability grows, consumers and builders are increasingly seeking eco-friendly building materials. Composite decking, being made from recycled materials and offering a longer lifespan with low maintenance needs, aligns with these sustainable construction practices. Its eco-friendly attributes appeal to environmentally conscious customers, driving the rising demand for composite decking in the U.S. market. The desire to incorporate greener options in construction projects has significantly contributed to the increasing popularity of composite decking as a sustainable outdoor decking solution.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015-2020)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Capped Composites and Uncapped Composites), Resin Type (Plastics and Wood), Form (Tiles, Boards, and Others), Distribution Channel (Direct and Indirect), Application (Repairs and Remodelling, New Decks on Existing Houses, New Decks on New Houses, and Others), End User (Residential, Non-Residential, and Others)
|
|
Market Players Covered
|
Trex Company, Inc. (U.S.), Cali Bamboo, LLC (U.S.), DuraLife Decking & Railing Systems (U.S.), CERTAINTEED (A Subsidiary of Saint-Gobain) (U.S.), Cardinal Building Products (U.S.), Green Bay Decking (U.S.), Oakio Plastic Wood Building Materials Co., Ltd (China), UPM (Finland), AXION STRUCTURAL INNOVATIONS LLC (U.S.), Fiberon(U.S.), TimberTech (A Part of AZEK Building Products) (U.S,), EP Decking (U.S.), Inc., Deckorators, Inc. (U.S.), Envision Building Products, LLC (U.S.), and MoistureShield (U.S.) among others.
|
|
Data Points Covered in the Report
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
|
Segment Analysis:
The U.S. composite decking market is segmented on the basis of type, price range, application, and end user
- On the basis of type, the U.S. composite decking market is segmented into capped composites and uncapped composites. Capped composites dominate the type segment of the U.S. composite decking market with a CAGR of 13.2% in the forecast period of 2023 to 2030 due to their enhanced durability and resistance to fading, staining, and scratching. The protective outer layer provides better performance, making them a preferred choice for long-lasting and low-maintenance decking solutions.
In 2023, Capped composites dominate the type segment of the U.S. composite decking market
In 2023, Capped composites dominate the type segment of the U.S. composite decking market with a CAGR of 13.2% in the forecast period of 2023 to 2030 owing to their superior durability, resistance to fading, staining, and scratching. With a protective outer layer, they offer enhanced performance, making them a top choice for long-lasting and low-maintenance decking solutions with a CAGR of 13.2% in the forecast period of 2023 to 2030.
- On the basis of resin type, the U.S. composite decking market is segmented into plastics and wood. Plastics dominate the resin type segment of the U.S. composite decking market with a CAGR of 13.3% in the forecast period of 2023 to 2030 due to their versatility, durability, and cost-effectiveness. They provide excellent weather resistance and are easy to mold into various decking profiles, making them a preferred choice for manufacturers and consumers.
- On the basis of form, the U.S. composite decking market is segmented into tiles, boards, and others. Tiles dominate the form segment of the U.S. composite decking market with a CAGR of 13.4% in the forecast period of 2023 to 2030 due to its easy installation, versatility, and aesthetic appeal. The tile format provides a convenient and attractive decking solution for various outdoor spaces.
- On the basis of distribution channel, the U.S. composite decking market is segmented into direct and indirect. Direct dominate the distribution channel segment of the U.S. composite decking market with a CAGR of 13.7% in the forecast period of 2023 to 2030 due to manufacturers selling their products directly to customers, ensuring better control over product quality, customer service, and brand representation.
- On the basis of application, the U.S. composite decking market is segmented into repairs and remodelling, new decks on existing houses, new decks on new houses, and others. Repairs and remodelling dominate the application segment of the U.S. composite decking market with a CAGR of 13.7% in the forecast period of 2023 to 2030 due to its durability, low maintenance requirements, and aesthetic appeal. As an ideal solution for these projects, it offers long-lasting performance and enhances property value, making it a preferred choice for homeowners and contractors alike.
In 2023, Repairs and remodelling dominate the application segment of the U.S. composite decking market
In 2023, Repairs and remodelling dominate the application segment of the U.S. composite decking market owing to materials that offer durability, low maintenance, and aesthetic appeal. Composite decking's characteristics make it a dominant choice for such applications, providing long-lasting solutions and enhancing property value with a CAGR of 13.7% in the forecast period of 2023 to 2030
- On the basis of end user, the U.S. composite decking market is segmented into residential, non-residential, and others. Non-Residential dominate the end user segment of the U.S. composite decking market with a CAGR of 13.4% in the forecast period of 2023 to 2030 due to commercial properties, hotels, and public spaces, prefer composite decking for its durability, low maintenance, and eco-friendliness, making it a dominant choice for outdoor decking solutions in these settings.
Major players
Data Bridge Market Research recognizes the following companies as the major U.S. composite decking market players in U.S. composite decking market are Green Bay Decking (U.S.), Oakio Plastic Wood Building Materials Co., Ltd (China), UPM (Finland), AXION STRUCTURAL INNOVATIONS LLC (U.S.), Fiberon(U.S.),
Market Development
- In 2023, tex is adding two new colors to the luxury line of Transcend Lineage for 2023, and the company announced that this would help them expand its industry-leading decking portfolio. These new hues boast premium aesthetics, heat-mitigating technology, and superior performance backed by an impressive 50-year warranty
For more detailed information about the U.S. composite decking market report, click here – https://www.databridgemarketresearch.com/es/reports/us-composite-decking-market
